EIA natural gas plant cost estimates ignore real-world regulatory and project evidence
Nat Bullard · Fresh intel from state utility regulatory filings · Jul 3, 2025 · at 33:19
Energy analyst Nat Bullard critiques the U.S. Energy Information Administration's benchmark cost estimates for new natural gas generation against state utility filings.
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“The gold standard here is the EIA's cost of generation publication that it does every couple of years. And they published this just in 20, 24, and the benchmark price, and after, after engineers had looked through it, was somewhere in the range of about 1100 to 1200 dollars a kilowatt for a combined cycle plant. And that's just a conclusion not found in evidence if you look into what's actually there and what's happening.”
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