Comment Re:Wow (Score 1) 306
Actually natural gas power plants can easily hit 60% efficiencies as a result of turbine improvements in the late 80's and early 90's. This is what is killing the coal (~30% efficiencies) and nuclear (~40% efficiencies) power industries. They just can't compete in price nor in the fact that coal and nuclear both require fairly large ($500M - $1000M) capital costs to be built. Note that this is for America which has different resources, distribution requirements, and energy needs than Europe or Japan.