Originally Posted By: SHOZ
Originally Posted By: KrisZ
Originally Posted By: SHOZ
Sounds political to me. In the US all power is sold at the same price per market area.
Believe what you want. If it were market driven, then there would be ZERO solar and wind, period.
And in the US there would be zero nuclear also. Nat Gas is the great game changer here.
LOL, like Solar and Wind, it's a game changer while it's disrupting traditional installed capacity.
As soon as it kills coal and nukes, it becomes VERY expensive.
Australian NG wholesale prices were $4.50/GJ this time last year...this morning they are $11. The sate that lost it's last coal plant earlier this year has only gas and wind now, and two weeks ago the Wholesale NG prices were $35/GJ, 8 times last year.
The Gas fired thermal have a heat rate of around 11GJ/MWh, meaning that the cost of gas to supply these units is $121/MWh (12.1c/kWh) at $11, and $385 (38.5c/kWh) at 35...the simple cycle GTs have a heat rate of around 20, so at $11 gas, the GTs are 22c/kWh - simply in fuel costs, before transmission and mark-up.
Originally Posted By: KrisZ
Originally Posted By: SHOZ
Sounds political to me. In the US all power is sold at the same price per market area.
Believe what you want. If it were market driven, then there would be ZERO solar and wind, period.
And in the US there would be zero nuclear also. Nat Gas is the great game changer here.
LOL, like Solar and Wind, it's a game changer while it's disrupting traditional installed capacity.
As soon as it kills coal and nukes, it becomes VERY expensive.
Australian NG wholesale prices were $4.50/GJ this time last year...this morning they are $11. The sate that lost it's last coal plant earlier this year has only gas and wind now, and two weeks ago the Wholesale NG prices were $35/GJ, 8 times last year.
The Gas fired thermal have a heat rate of around 11GJ/MWh, meaning that the cost of gas to supply these units is $121/MWh (12.1c/kWh) at $11, and $385 (38.5c/kWh) at 35...the simple cycle GTs have a heat rate of around 20, so at $11 gas, the GTs are 22c/kWh - simply in fuel costs, before transmission and mark-up.