Review Questions:

  1. Which source of electricity has the lowest average lifetime cost per megawatt-hour?

a.Wind

b. Coal

c. Nuclear

d.Solar

2.The variable cost of electricity generation per megawatt-hour mainly depends on:

a.The cost of building the power plant.

b. The cost of fuel.

c. The number of customers.

d. The government tax credits

3. A negative price for electricity means that:

a. Companies generating electric power are paying customers to take it

b.The price of electricity is getting too high

c.Companies are opening new nuclear power plants