AUSTIN, Texas — Researchers with The University of Texas at Energy Institute will release a new study, “The Full Cost of Electricity,” at the Platts Energy Podium in Washington, D.C., at 10 a.m. (ET) Thursday, Dec. 8.
DATE: Thursday, December 8, 2016
TIME: 10 a.m. (ET)
LOCATION: S&P Global Platts Washington Office
1200 G Street, NW, Suite 1000
This event is for credentialed journalists only, and availability is limited, so please RSVP today.
“The Full Cost of Electricity” study takes a holistic approach to the full system cost of electric power generation — from the power plant to the wall socket.
Researchers assessed multiple generation technologies, including coal, natural gas, solar, wind and nuclear. They analyzed numerous factors affecting the cost of electricity generation, including power plant capital and operating costs; the cost of fuel; infrastructure costs, including transmission and distribution lines, rail and pipelines; and so-called externalities — environmental and health costs, which typically are not factored into such projections.
On hand from the Energy Institute to present results of the study and answer questions will be Director Tom Edgar, Deputy Director Michael Webber and Assistant Director Carey King. After the Platts event, researchers will brief congressional energy committee staffers and officials at several energy agencies and organizations, including the Department of Energy, the Federal Energy Regulatory Commission and the Energy Information Administration.
For this project, the Energy Institute pulled together an interdisciplinary team of researchers from across the UT Austin campus — leveraging expertise from engineering and law to business and public policy — to prepare a series of white papers. Researchers also created two innovative tools to aid energy decision-makers: an online, interactive map showing the cheapest energy technology county by county across the country; and a real-time price calculator that allows policymakers and others to challenge assumptions researchers have made to see for themselves the potential policy implications associated with the full system cost of electricity generation.