Cost of Electric Power Transmission
The cost of high voltage electricity transmission (as opposed to the costs of electricity distribution) is comparatively low, compared to all other costs arising in a consumer's electricity bill. In the UK transmission costs are about 0.2p/kWh compared to a delivered domestic price of around 10 p/kWh.
Research evaluates the level of capital expenditure in the electric power T&D equipment market will be worth $128.9bn in 2011.
Read more about this topic: Electric Power Transmission
Famous quotes containing the words cost, electric and/or power:
“Mining today is an affair of mathematics, of finance, of the latest in engineering skill. Cautious men behind polished desks in San Francisco figure out in advance the amount of metal to a cubic yard, the number of yards washed a day, the cost of each operation. They have no need of grubstakes.”
—Merle Colby, U.S. public relief program (1935-1943)
“The more I see of democracy the more I dislike it. It just brings everything down to the mere vulgar level of wages and prices, electric light and water closets, and nothing else.”
—D.H. (David Herbert)
“By bourgeoisie is meant the class of modern capitalists, owners of the means of social production and employers of wage labor. By proletariat, the class of modern wage laborers who, having no means of production of their own, are reduced to selling their labor power in order to live.”
—Friedrich Engels (18201895)