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Gas power is more expensive than commonly thought. But so are solar and wind [Gas in Transition]
The real cost of gas- and coal-fired power generation is much higher than investors and analysts realise, according to a study from the RethinkX project. That is because actual capacity factors are much lower than is assumed in most models. But renewable energy has its own problems. According to an article in Harvard Business Review, disposal and recycling costs of solar panels and wind turbines are about to skyrocket. And solar panels are degrading much faster than anticipated. [Gas in Transition, Volume 1, Issue 4]
Source: naturalgasworld.com