US electrical generation – Where we are now
Last week, Hannes Kunz and Nate Hagens put up one post talking about electricity, and they are planning another post in the near future. I thought now might be a good time to put up a few graphs regarding US electricity generation, showing where we are now. Most of the graphs are summaries of data from the Energy Information Administration website, either from the renewables section, or the electricity section.
![]() Figure 2Figure 2 just breaks out the “other renewables” into their component parts during the last five years. Wind is responsible for nearly all of the increase. Solar is not large enough in quantity to show up on the graph. Geothermal, biomass waste (which includes biogas), and wood have all been close to flat, at least in terms of the electricity actually generated in the past few years. The amount of electricity generated by wood has been declining.
Other renewable generation capacity also increased, reaching 3.8% of total generation capacity by the end of 2008.
Nuclear plants now operate at a little over 90% of their theoretical capacity. There is little room for improvement. Coal plants operate on average a little over 70% of the time. Many of them are taken off line at night. Renewables ex hydro have been trending down in their utilization of capacity, most likely because of a changing mix away from wood and geothermal (with high capacity utilization) to more wind. More detail will be shown in Figure 6. Natural gas utilization has declined significantly, with the building of all the new natural gas plants. If the average utilization of capacity is only about 25%, and some plants intended to operate most of the time (50% to 70% or capacity), then some plants must be used very little.
Wood utilization of capacity has dropped from a shade over 70% to about 60%. (We noted above that total electricity generated from wood was declining slightly.) Some of the wood is waste product from industrial processes (paper manufacturing, construction). To the extent that this source of fuel is depressed because of the economy, it may be affecting the percentage of wood electricity generating capacity being used. Wind utilization of capacity does not seem to be trending upward. The average for the four years is 29%, which is better than Europe, but not as good as folks manufacturing new wind turbines are advertising.
In Figure 8, the nominal costs per 1,000 watts of capacity are my estimates regarding what the FERC amounts shown in Figure 7 are, underlying the graph amounts. The percentage of capacity is the average of the last four years of the actual percentage of summer capacity, from Figure 5 or 6. The adjusted cost of comparable capacity shown in the last two columns is simply the nominal capacity divided by the utilization. One can argue whether these numbers are comparable, even after adjustment. For one thing, there are differences in the quality of electricity produced–whether it is available on demand, or not. There are also differences in how many years plants can be expected to operate, operating costs, and the cost of fuel. On this basis, wind comes out comparable in cost to nuclear, but without the cost of nuclear fuel. Coal and natural gas seem to be quite a bit cheaper (neglecting the considerable cost of fuel). Geothermal seems to be especially cost effective when one considers the lack of fuel costs. I have added a line for Solar PV, based on the indications of this study from Berkeley regarding the installed cost of solar PV. The numbers are so high that one wonders whether something is wrong with the calculation.
The indicated solar PV cost is extremely high compared to the other costs. I can delete the solar PV indications, if someone can explain how they are incorrect. But they are somewhat concerning. TheOilDrum To subscribe or visit go to/ |
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