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Projected Costs of Generating Electricity 2005

image of Projected Costs of Generating Electricity 2005

This sixth study in a series on projected costs of generating electricity presents and analyses cost estimates for some 130 power and co-generation (heat and power) plants using coal, gas, nuclear and renewable energy sources. Experts from 19 OECD member countries, 2 international organisations and 3 non-member countries contributed to the study.

The levelised lifetime costs presented and analysed were calculated with input data from participating experts and commonly agreed generic assumptions, using a uniform methodology. Key issues related to generation costs are addressed in the report, including methodologies to incorporate risk in cost assessments, impact of carbon emission trading and integration of wind power into electricity grids.

A reference in the field, this publication will be of interest to energy policy makers, electricity system analysts and energy economists.

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Findings and Conclusions

Nuclear Energy Agency

This study is based on data on cost elements contributed by officially appointed national experts. The generation cost calculations are carried out by the Secretariat using the levelised cost methodology and generic assumptions commonly agreed upon by the group of experts. The objective of the study is to assess important cost factors in power generation projects. The study is to serve as a resource for policy makers and industry professionals as an input for understanding generating costs and technologies better. It does not intend to replicate the investment decision that an investor is confronted with in a concrete project. The findings and conclusions drawn from the results presented in the report are valid within...

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