Author: Jared Anderson
New York — Mainstream energy analyses have significantly underestimated the levelized cost of electricity from conventional power plants by assuming the plants can sell the same volume of electricity each year from now through 2040 and beyond, experts at independent think tank RethinkX said. This miscalculation overestimates the value of conventional energy assets, the authors said.
“The more electricity a power plant produces and sells, the lower the average or levelized cost per kilowatt-hour,” Adam Dorr, an environmental social scientist and technology theorist with RethinkX, said in a March 15 email.
“The problem — which is creating a trillion dollar global financial bubble — is that virtually all mainstream analysts are …
