Fig. 10: Comparison of project costs to market value estimates that account for market depth.
From: Electric transmission value and its drivers in United States power markets
See Table 1 for details on the project cost data. See Supplementary Figs. 6 and 7 for versions of this figure comparing multiple value and cost assumptions. a Value-to-cost ratios where the value is the midpoint of the value estimate range in (b) and the cost estimate assumes 60-year depreciation. The horizontal dashed line at 1 represents the break-even ratio. b Range of market value (real-time) estimates accounting for market depth and annualized project cost estimates.
