As I noted in my February 24 column, the U.S. Energy Information Administration (EIA) estimates that for new power-generating facilities entering service in 2016, onshore wind power will be 49% more expensive than conventional coal over the lifetime of the respective facilities, offshore wind will be 90% more expensive than coal, solar thermal will be 155% more expensive than coal, and solar photovoltaic will be 295% more expensive than coal.

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