From AC to DC: Going green with supergrids - environment - 11 March 2009 - New Scientist - http://www.newscientist.com/article...
"The numbers look daunting: the project would cost more than €1.5 trillion, of which €128 billion would go on the lines and equipment for the supergrid itself, and around €1.4 trillion on renewable-generating capacity. To put this in context, the International Energy Agency forecasts that the global power industry will have to invest $13.6 trillion on fossil-fuel-based power generation by 2030. Under Czisch's plan, investment in clean technologies would displace spending on dirty ones so costs would not escalate. One of the advantages of the supergrid is that renewables can be sited where wind and sunlight are best for generating electricity, which will bring economic efficiencies as well as electrical ones. What's more, the supergrid itself represents only a small proportion of the total investment, so the extra cost of the grid makes little difference to the overall price of electricity. Czisch calculates the system could deliver electricity for less than 4.7 euro cents per kilowatt-hour - roughly the p" - Evan Parker