Electrical Power Generation Electricity from Renewable Sources Still Costs More than Conventional Sources 40 Photovoltaics 12 Solar/Thermal 200 10 Biomass 150 Coal with CO2 Capture 8 Wind 6 Electricity Cost (cents/kWh) 100 Electricity Cost (cents/kWh) New Coal Additionally, development of new or improved sources of electrical energy, especially from renewable sources, must receive governmental support. These future technologies are not cost effective in today's fossil fuel economies, thus we must provide incentives to sustain their development at the earliest possible time. 4 New Gas 50 2 1980 2000 Sources: National Renewable Energy Laboratory and Renewable Energy Technology Characterizations, EPRI Report TR-109496