Post
Topic
Board Mining
Re: Europe out of the mining game?
by
NetTecture
on 05/09/2011, 03:44:51 UTC
Consider also that $0.011/kWh would be at or below the production cost of almost any hydroelectric dam in the world, including the Guri dam in Venezuela, which supplies 73% of the electricity in your country.

Thanks for the education of NORWAY not being on this planet. They get most of their power from dams, and the power costs often are in the 3 cents / kwh range. 11 is terribly high for hydro.