Construction costs for most power plant types have fallen in recent years

Based on EIA survey data for new, utility-scale electric generators (those with a capacity greater than one megawatt), capacity-weighted average construction costs for many generator types have fallen in recent years. Annual changes in construction costs include the effects of differences in the geographic distribution of installed capacity between years, differences in technology types, and other changes in capital and financing costs. Source: Today in Energy – Construction costs for most power plant types have fallen in recent years

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