Fuel cost for gas/coal can be rounded to $2/MWH - so then you need to amortize the cost of the plant over all the energy produced and you get to roughly 2x fuel cost for nat gas plants and 3x - 5x for coal ones. See page 10 here for sensitivity to fuel costs though;
Fuel cost for gas/coal can be rounded to $2/MWH - so then you need to amortize the cost of the plant over all the energy produced and you get to roughly 2x fuel cost for nat gas plants and 3x - 5x for coal ones. See page 10 here for sensitivity to fuel costs though;
https://www.lazard.com/news-announcements/lazard-releases-20...