The Conservative wrote: ↑Tue Jul 16, 2019 8:01 pm
Do I think any person who writes an article based off of "magic numbers" didn't account for equipment maintenance? I sure in hell do.
Sorry, but any agency that can pull data from 20+ years ago is pulling it off of data that can't be verified anymore because it was destroyed and was never archived. That on its face is bad practice, and no one worth their salt would ever be able to get a doctorates thesis passed with that kind of shoddy work. Why should we accept people who right now are no better than charlatans that are looking for the next best quick buck and be the next Al Gore... making millions off of hype.
Why don't you quote exactly what you're talking about because I have no idea what it is. Did you read the Lazard report on which much of it was based? Page 13 lays out the methodology. They're money people, not social agenda people.
Https://www.lazard.com/media/450773/laz ... vfinal.pdf
In this analysis, Lazard’s approach was to determine the LCOE, on a $/MWh basis, that would provide an after-tax IRR to equity holders equal
to an assumed cost of equity capital. Certain assumptions (e.g., required debt and equity returns, capital structure, etc.) were identical for all
technologies in order to isolate the effects of key differentiated inputs such as investment costs, capacity factors, operating costs, fuel costs
(where relevant) and other important metrics on the LCOE. These inputs were originally developed with a leading consulting and engineering
firm to the Power & Energy Industry, augmented with Lazard’s commercial knowledge where relevant. This analysis (as well as previous
versions) has benefited from additional input from a wide variety of Industry participants.
Lazard has not manipulated capital costs or capital structure for various technologies, as the goal of the study was to compare the current
state of various generation technologies, rather than the benefits of financial engineering. The results contained in this study would be altered
by different assumptions regarding capital structure (e.g., increased use of leverage) or capital costs (e.g., a willingness to accept lower
returns than those assumed herein).
Key sensitivities examined included fuel costs and tax subsidies. Other factors would also have a potentially significant effect on the results
contained herein, but have not been examined in the scope of this current analysis. These additional factors, among others, could include:
import tariffs; capacity value vs. energy value; stranded costs related to distributed generation or otherwise; network upgrade, transmission,
congestion or other integration-related costs; significant permitting or other development costs, unless otherwise noted; and costs of
complying with various environmental regulations (e.g., carbon emissions offsets or emissions control systems). This analysis also does not
address potential social and environmental externalities, including, for example, the social costs and rate consequences for those who cannot
afford distribution generation solutions, as well as the long-term residual and societal consequences of various conventional generation
technologies that are difficult to measure (e.g., nuclear waste disposal, airborne pollutants, greenhouse gases, etc.).
To believe they really forgot to include maintenance says a lot about your belief that you're smarter that anyone else. You're not.
We are only accustomed to dealing with like twenty online personas at a time so when we only have about ten people some people have to be strawmanned in order to advance our same relative go nowhere nonsense positions. -TheReal_ND