Analysis: Why the ‘wind cheaper than coal in Australia’ headline is misleading
'Figures compare the cost of electricity production between: 'Marginal costs of introducing incremental new wind, which will be intermittent with capacity factors around 30% -- Marginal cost of introducing new modern coal, which would be baseload and quite large, with potential capacity factors above 85%'
— Marginal cost of introducing new baseload gas, which would be combined cycle plant, again quite large, again with potential capacity factors above 85% — All three produce ostensibly the same product (electricity), but they do not provide the same service’
