Policymakers on both sides of the political aisle increasingly advocate for affordable, reliable, and clean energy. This is for good reason – modern society requires energy that is affordable and available on demand. Environmental concerns are also very important. Together, affordability, reliability, and cleanliness form the three pillars of ideal energy policy.
Two new analyses evaluate competing electrical power sources and produce an affordable, reliable, and clean scorecard. The two analyses – one published by Northwood University and the Mackinac Center, and the other published by my public policy organization, The Heartland Institute – independently reach near-identical findings.
Both analyses find natural gas is the most affordable, reliable, and clean electrical power source. Not far behind natural gas are nuclear, hydro, and coal. Lagging at the bottom of the affordability scorecard are wind and solar power.
Natural gas is easily the lowest-cost electrical power source, with coal the second-most affordable. Natural gas also scores very high for reliable high-volume power production, as do nuclear and coal.
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