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margalabargala
4 months ago
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Meta is spending $10B in rural Louisiana to build ...
Why would coal generation make it so cheap? I would expect any coal-heavy generation region to be far more expensive than a hydro-heavy region.
https://en.m.wikipedia.org/wiki/Cost_of_electricity_by_sourc...
bob1029
4 months ago
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Because all of the plants are fully amortized. If they were brand new, the total cost would be excessive. Customers are mostly just paying for operations, fuel and maintenance. There is no capital recovery needed.
margalabargala
4 months ago
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That's true of hydro heavy regions too, if not even more so. The Hoover Dam is not new. The Bonneville Dam is not new. Niagara Falls is not new.
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