That’s an interesting point.
End to end efficiency and cost, for all the alternatives, would make for a more informed discussion.
Getting ready for shift turnover so this will be quick and not remotely complete.
In power systems, here are some of the more common efficiencies:
-Gen 2 nuclear: 32-34%
-2400psi, cross-compound steam turbine: 32-34%
-3600psi supercritical steam turbine: 36%
-Old Frame series simple cycle gas turbine: 35%
-Early 00's era combined cycle: 48-55%
-Newest (post 2017) combined cycle: Up to 63-64%
-Transformer losses: 1% per transformer
-Line losses, this will vary greatly depending on overhead, underground cable, operating at, above or below SIL (surge impedance loading), reactive needs of the local system, power factor of load, ambient temperature, etc..... Possible loss up to 15% with low losses near 1-3%.
This isn't including charges for interchange transactions, wheeling power, spot or node pricing, TAC charges, market operation fees, startup costs, ancillary service charges, regulation (AGC) charges, etc......
Can likely go into a bit more depth this evening.