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 of, cost, electric and/or power:
“The cost of a thing is the amount of what I will call life which is required to be exchanged for it, immediately or in the long run.”
—Henry David Thoreau (18171862)
“Keeping accounts, Sir, is of no use when a man is spending his own money, and has nobody to whom he is to account. You wont eat less beef today, because you have written down what it cost yesterday.”
—Samuel Johnson (17091784)
“The family circle has widened. The worldpool of information fathered by the electric mediamovies, Telstar, flightfar surpasses any possible influence mom and dad can now bring to bear. Character no longer is shaped by only two earnest, fumbling experts. Now all the worlds a sage.”
—Marshall McLuhan (19111980)
“I know not whether the remark is to our honour or otherwise, that lessons of wisdom have never such power over us, as when they are wrought into the heart, through the ground-work of a story which engages the passions: Is it that we are like iron, and must first be heated before we can be wrought upon?”
—Laurence Sterne (17131768)