Saturday, February 25, 2012
Global electricity price comparison - US cents/1kWh
China 16.0 (tariff for renewables - not true grid price)
Hong Kong 12.04
If Hong Kong, a country with no resources and no nuclear power can produce at 12c per KWh nobody can claim any higher cost is inevitable.
It is clear that an international HVDC grid, as advocated previously, would bring competition into a market which shows great signs of the lack of it, considerably reducing prices for most of humanity..
which is apparently the cost of importing coal to a coastal thermal station with seawater cooling plus a modest amount of local regulations/company added costs. Probably in a more competitive market 10c a kilowatt hour would be doable.
As you say (by implication) anything more is a decision to tax the public for some other purpose and hide in in the electricity bill. (AKA Mike Darwin's hidden taxes)