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GGE attempts to solve this. One GGE of CNG and one GGE of electricity have exactly the same energy content as one gallon of gasoline. In this way, GGE provides a direct comparison of gasoline with alternative fuels, including those sold as a gas (natural gas, propane, hydrogen) and as metered electricity.
In electric mode the Volt's rating is estimated with the same formula as an electric car. [10] [13] The overall or composite fuel economy rating combining electricity and gasoline powered are displayed in the Monroney label in a much smaller type, and as part of the comparison of the Volt's fuel economy among all vehicles and within compact ...
The levelized cost of electricity (LCOE) is a metric that attempts to compare the costs of different methods of electricity generation consistently. Though LCOE is often presented as the minimum constant price at which electricity must be sold to break even over the lifetime of the project, such a cost analysis requires assumptions about the value of various non-financial costs (environmental ...
According to the U.S. Energy Information Administration (EIA), "Electricity prices generally reflect the cost to build, finance, maintain, and operate power plants and the electricity grid." Where pricing forecasting is the method by which a generator, a utility company, or a large industrial consumer can predict the wholesale prices of ...
Average annual cost of ownership: $12,527 Generally, electric vehicles are the most expensive to own; their annual cost of $12,527 is about 2% higher than the average.
The United States is the world's second-largest producer and consumer of electricity. It generates 15% of the world's electricity supply, about half as much as China. [80] The United States produced 3,988 TWh in 2021. Total generation has been flat since 2010. Net electricity imports were 39 TWh, or about 1% of sales.