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Chapter 9 EnergySector Fundamentals: Economic Analysis, Projections, and Supply Curves WA 5.80 MT ND 11.02 11.37 OR 6.21 ID SD 6.88 MI 4.97 WY 6.44 6.94 NY HI 15.70 CA 11.45 4.61 6.43 NJ 10.29 NV 8.56 5.70 IL IN OH 8.00 MA 10.77 United States Total Average Price per kilowatthour is 7.62 Cents 6.40 5.69 MN 6.24 WI ME 9.69 4.98 NE IA PA 12.55 TX LA 7.00 6.08 6.58 DC 7.47 6.407.13 Average Price UT 5.58 6.89 (Cents per kilowatthour) 5.69 CO KS MO 6.80 WV VA RI 10.96 6.95 6.37 6.07 KY 5.13 CT10.26 OK AR TN 6.14 NC AZ NM 6.50 5.67 SC 4.63 to 5.80 7.45 7.10 MS AL GA 6.22 MD 7.15 6.07 to 6.43 7.95 6.44 to 7.00 7.10 to 9.69 Note: Figure information is shown by 5 groupings of 10 States and The District of Columbia. The presented range moves from the values for the lowest 10 States to the top 10 States. Source: Energy Information Administration, Form EIA-861, “Annual Electric Power Industry Report.” VT NH 6.97 DE 7.53 Figure A.9.2 Average reta l electricity price by state, 2004 (in ¢/kWh or cents per kilowatt hour) (EIA, 2004). i AK 10.99 FL 8.16 10.26 to 15.70 952 During this same period, the grid in the United States experienced significant retirement of existing capacity, mainly in older petroleum (oil)fired generation and simplecycle gas turbines (see Table A.9.3). The DOE has suggested that there will be a significant amount of new generation sited in coming decades as shown in Figure A.9.4, relative to expected retirements. Our projections of nuclear plant retirements, as well as older coal facilities, would cause this projection to increase slightly during 20212030. A look at the U.S. electricity generation base (see Table A.9.1) shows that the available power supplies are increasing, but are offset by planned retirements of existing facilities reflecting a high concentration of use for baseload operations. We have summed the highestcapacity energy generating sources in Figure A.9.3. It shows the disproportionate share borne by fossil facilities in the current energy mix. DOE had estimated (see Table A.9.2) that there would be significant additions to the existing generating stock during 20012005, based on anticipated applications for new siting licenses. The list is notable for the absence of any new nuclear or hydroelectric facilities.PDF Image | Energy Sector Fundamentals
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