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Re: Investors Wanted: Oil hits $142

Re: Investors Wanted: Oil hits $142

Submitted by ctyankee on Tue, 07/01/2008 - 05:30.

A month and a day later and oil has closed at $142

Does anyone think that we'll see a return to cheap energy, other than solar?

A few weeks ago I did a back-of-the-envelope calculation for electricity generated from $140 oil.  The fuel alone put the cost of that electricity at >$164/MWh.

I've mentioned it before; 20 year capital equipment cost for solar electricity from CSP $90/MWh

100kW of power per acre of land or rooftop, up to 8hr per day.

The Light is Green!

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Investors Wanted: Solar Electricity Long Term Power Purchase Agreements (PPA) $90/MWh cost --> $150/MWh price + index By: ctyankee (24 replies) Thu, 05/29/2008 - 13:36