ClaimsVinod Khosla

“That will make coal power expensive -- expensive as in between 8 to 10 cents a kilowatt hour.”

Vinod Khosla, venture capitalist, interviewee 28 September 2007 Interviews - Vinod Khosla (Frontline Heat) (PBS Frontline)

Prediction Technology

With carbon pricing and capture, coal power would cost between 8 and 10 cents per kilowatt hour.

Unresolvable The public record could not settle it.

Prediction: Statements about events outside the person's control, checked once they fell due: did they come true?

What would count as true or false

Treat 8–10 cents/kWh as a stated range. Judge the levelized cost of electricity from new coal plants with carbon capture (and carbon pricing) against credible estimates current around 2007, in roughly 2007 US dollars. Sources include MIT 'The Future of Coal' (2007), DOE/NETL cost baselines, EIA and the IPCC. True: the central or consensus estimates fall within 8–10 cents/kWh. Mostly true: the central estimate is inside the range, but one secondary assumption (for example the specific carbon price) differs from the claim's framing. Mostly false: central estimates are just outside the range (7.8–8.0 or 10.0–10.2 cents/kWh). False: central estimates are further outside. If credible sources are split, with some inside and some well outside, the verdict is mixed. Later real-world project costs may corroborate but do not replace the estimates.

Set before the research began.

Evidence (8)

  1. E1 Cost and Performance Baseline for Fossil Energy Plants (CMU Seminar slides) U.S. DOE National Energy Technology Laboratory (presented by Julianne Klara; hosted by Carnegie Mellon CEIC) · 26 September 2007

    “Increase in COE ~5 cents/kWh”
  2. E2 Cost and Performance Baseline for Fossil Energy Plants (CMU Seminar slides) U.S. DOE National Energy Technology Laboratory (presented by Julianne Klara; hosted by Carnegie Mellon CEIC) · 26 September 2007

    “2January 2007 Dollars, 85% Capacity Factor, 16.4% (no capture) 17.5% (capture) Capital Charge Factor, Coal cost $1.80/106Btu”
  3. E3 Cost and Performance Baseline for Fossil Energy Plants (CMU Seminar slides) U.S. DOE National Energy Technology Laboratory (presented by Julianne Klara; hosted by Carnegie Mellon CEIC) · 26 September 2007

    “CCS increases TPC by about 35 percent (or ~ $660/kW)”
  4. E4 Cost and Performance Baseline for Fossil Energy Plants (CMU Seminar slides) U.S. DOE National Energy Technology Laboratory (presented by Julianne Klara; hosted by Carnegie Mellon CEIC) · 26 September 2007

    “With CCS: IGCC lowest coal-based option for CCS”
  5. E5 Cost and Performance Baseline for Fossil Energy Plants (CMU seminar slides, Julianne Klara, NETL) Carnegie Mellon University Center for Energy and Innovation (hosting NETL slides) · 26 September 2007

    “Increase in COE ~5 cents/kWh”
  6. E6 Cost and Performance Baseline for Fossil Energy Plants (CMU seminar slides, Julianne Klara, NETL) Carnegie Mellon University Center for Energy and Innovation (hosting NETL slides) · 26 September 2007

    “January 2007 Dollars, 85% Capacity Factor, 16.4% (no capture) 17.5% (capture) Capital Charge Factor, Coal cost $1.80/106Btu, Natural Gas cost $6.75/106Btu”
  7. E7 [PDF] CO Capture Outlook - Carnegie Mellon University Carnegie Mellon University (E.S. Rubin, presentation to the Laboratory Energy R&D Working Group) · 18 April 2007

    “SC w/Econamine SC w/Econamine Scrubbing Scrubbing 69 8.00 (c/kWh)”
  8. E8 The Future of Coal MIT (MIT Interdisciplinary Study on the Future of Coal) · 2007

    “One can anticipate the CO2 “price” being in the range $10-$60/tonne-CO2 depending on the nature of the project, with the highest price corresponding to purchase of CO2 from amine capture from an existing PC plant”

Reasoning

NETL's 2007 baseline slides show an increase in cost of electricity of about 5 cents/kWh with capture, in January 2007 dollars (E1, E2, E5, E6), but the quoted material gives no absolute total with capture. The Rubin presentation (E7) shows '8.00 (c/kWh)' next to 'SC w/Econamine', but the fragment doesn't say what the figure measures or on what basis, so it can't settle the range. The MIT study excerpt (E9) gives only a CO2 price range, not a levelized cost of electricity, and E3/E4 give capital cost and technology ranking without cents/kWh figures. Because no labelled central estimate of the cost of coal power with capture is in the evidence, the claim can't be checked against the 8–10 cents/kWh range.

Cite this claim

Vinod Khosla, “With carbon pricing and capture, coal power would cost between 8 and 10 cents per kilowatt hour.” (said 28 September 2007). Verdict: unresolvable. Reliability API, claim c_cec682b7da7a, method 0.1.0+c876030c, dataset release v1.1.2. https://epistacklabs.com/claims/c_cec682b7da7a

This claim is in dataset release v1.1.2, with the same verdict.

Reply to this claim

For Vinod Khosla, or someone speaking for them: a correction or counter-evidence. Replies are read before anything is shown; an approved reply shows your name, role, date, statement and link. Your email address is never shown and is deleted 30 days after the decision (privacy).

More prediction claims by Vinod Khosla

  1. Resolved false Prediction 23 December 2010
    “Now almost certainly, the traditional lithium ion bulk batteries will not be around in 15 years.”

    Traditional lithium-ion bulk batteries will almost certainly not be around in 15 years.

  2. Mostly false Prediction 23 December 2010
    “The Chevy Volt, which is a good car, is expected by 2012, to ship 40,000 units.”

    The Chevy Volt is expected to ship 40,000 units by 2012.

  3. Resolved false Prediction 28 September 2007
    “I believe 50 million acres of land in this country could supply all our biofuel needs.”

    Khosla said he believed 50 million acres of US land could supply all US biofuel needs.

  4. Mostly true Prediction 28 September 2007
    “It would probably add about 2 cents a kilowatt hour to the price of coal, depending upon the price of carbon.”

    Pricing carbon and requiring carbon capture and sequestration would probably add about 2 cents per kilowatt hour to the cost of coal power, depending on the carbon price.

  5. Mostly true Prediction 28 September 2007
    “Not only that, even if Germany switched over completely to photovoltaics, unless India and China adopted them, we are not going to see a change in the trajectory of climate change.”

    Even if Germany switched completely to photovoltaics, climate change's trajectory will not change unless India and China also adopt them.

All of them

Verdicts are made automatically; how verdicts are made.