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Using wholesale electricity prices for 2008 to 2009, and the current 0.5% efficiency of power beaming, a space elevator would require US$220/kg just in electrical costs. Dr. Edwards expects technical advances to increase the efficiency to 2%.or a space elevator, the cost varies according to the design. Bradley C. Edwards received funding from NIAC from 2001 to 2003 to write a paper, describing a space elevator design.
Bob, It certainly should be possible to install a new elevator in the existing shaft. Logistics would heavily influence the cost of that, but I would expect a new elevator to be anywhere from $60k-$80k installed, assuming typical building conditions and construction.his data is also very consistent with installed costs for similar elevator units in projects that we have designed in both Colorado and Texas. The highest average cost for these units has reached over $90,000 in the last two years, and is likely to return to those levels in the future.