Finally, the answer to the billion dollar question is near at hand, The question — What does it cost to build a plant capable of producing “clean coal”? The answer appears to be somewhere around $5 billion.
Unfortunately my calculator cannot handle such a large number, but I think $5 Billion is equal to $5,000 Million dollars.
Out of curiosity, I ran the numbers for what a $5 Billion investment in a solar project would look like.
Here is what I came up with — For $5 billion we could install 15 Gigawatts of solar capable of producing roughly 60 gigawatt hours of solar energy each day which in turn could power approximately 150,000 homes indefinitely.
If anyone is interested in reviewing my calculations, which have been done on scrap-paper with a pencil and certainly subject to error, I will be pleased to supply the assumptions I used for these calculations.
I’m vested in a solar business, have used solar since the 1980′s and will be the 1st to admit that solar alone is not going to be the solution to all our energy needs. I personally would not advise Mississippi Power or any other utility to invest $5 Billion in solar, but I will suggest that we should be looking for diversified energy solutions.
Unlike coal & fossil fuels fuels, the energy we use from the sun each day does not deplete availability for tomorrow.
Founder, Mississippi Solar