"The availability of wind or solar will not necessarily correspond to operator dispatched duty cycles and, as a result, their levelized costs are not directly comparable to those for other technologies (even where the average annual capacity factor may be similar)."
-- EIA's Levelized Cost of New Generation Resources (2016) in the Annual Energy Outlook 2011
Calculation: the delivered price of gas equaled $5 per million Btu for most of 2009 through 2011, and combined-cycle gas plants can generate more 150 kilowatt-hours per million Btu.)
“ Representative Eskridge said it would also be helpful to have a presentation examining what the true cost of wind generation incorporating integration costs, transmission costs, reserves costs and so on. He said it would seem to be more than what is seen on the initial purchase price.”
July 13, 2011 (Page 26) Idaho Energy Interim Committee meeting minutes