That is way oversimplified schismatic. And an inaccurate depiction from what I gather. You are leaving out so much. Like the cost of these wars for oil. The damage to the environment. The cost of propping up corrupt middle east regimes. And the fact that we have hit peak oil, and prices will only continue to rise. The fact that once installed , wind turbines have a LONG life and operate at low cost.
http://en.wikipedia.org/wiki/Relative_cost_of_electricity_generated_by_different_sources
When calculating costs, several internal cost factors have to be considered[1]. ( Note we are not here talking about price, ie actual selling price, since this can be affected by a variety of factors such as subsidies on some energy and sources and taxes on others):
Capital costs (including waste disposal and decommissioning costs for nuclear energy) - tend to be low for fossil fuel plants; high for renewables and nuclear; very high for waste to energy, wave and tidal, PV and solar thermal.
Operating and maintenance costs - tend to be high for fossil (ash disposal, emissions clean up) and low for renewable and nuclear.
Fuel costs - high for fossil fuel and biomass sources, very low for nuclear and renewables, possibly negative for waste to energy.
Expected annual hours run - as low as 3% for diesel peakers, 30% for wind, and up to 90% for nuclear.
BP claims renewables are on a decreasing cost curve, while non-renewables are on an increasing cost curve.
http://en.wikipedia.org/wiki/Relative_cost_of_electricity_generated_by_different_sources
When calculating costs, several internal cost factors have to be considered[1]. ( Note we are not here talking about price, ie actual selling price, since this can be affected by a variety of factors such as subsidies on some energy and sources and taxes on others):
Capital costs (including waste disposal and decommissioning costs for nuclear energy) - tend to be low for fossil fuel plants; high for renewables and nuclear; very high for waste to energy, wave and tidal, PV and solar thermal.
Operating and maintenance costs - tend to be high for fossil (ash disposal, emissions clean up) and low for renewable and nuclear.
Fuel costs - high for fossil fuel and biomass sources, very low for nuclear and renewables, possibly negative for waste to energy.
Expected annual hours run - as low as 3% for diesel peakers, 30% for wind, and up to 90% for nuclear.
BP claims renewables are on a decreasing cost curve, while non-renewables are on an increasing cost curve.