Produces electrical energy at about 5 cents per kWh.
The United States sources of Electricity generation is one third from Natural Gas, one third from Coal and one third from non fossil fuel sources.
The cost to produce electricity with Thorium nuclear power should be about 40% less than Advanced Nuclear and about 30 % less than from Coal (with scrubbers) Solar generation is about 4 times more expensive (without subsidies) in the North-east, where people live. New Mexico, Arizona and California are suitable for cheap Solar power, but they lack Hydropower storage. Wind power is cheaper when the wind blows, but base generation capacity has to be there even when the wind doesn’t blow, so the only gain from wind power is to lessen the mining or extraction of carbon. In addition, wind power kills birds, the free yearly quota of allowable Bald Eagle kills was upped from 1200 to 4200 during the Obama administration. (https://lenbilen.com/2019/04/12/what-is-more-precious-babies-eagles-or-fighting-climate-change/). Golden Eagles and a few other rare birds has a quarter of a million dollar fine associated with their kills. If wind power is increased without finding a solution to the bird kills, whole species may go extinct. Solar power is, and will be used in special applications such as on roofs for backup and peak power assist. Today’s solar panels are easily destroyed by a single hailstorm. Hydroelectric power is for all practical purpose maxed out, so nearly all future increase must come from Coal, Natural Gas, Petroleum or Nuclear. The world experience on installing wind and solar energy is that it is expensive. See fig:
The residential cost of electricity increases as the proportion of total electricity demand is supplied by wind and solar. Part of the cost is in power distribution. Molten Salt Thorium Nuclear Generators is the way to go. It doesn’t depend on sun, wind and water to produce electricity where the need is.
Len Bilén's blog, a blog about faith, politics and the environment. 