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Table
1: Performance and cost data for new baseload power plants in Finland.
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Nuclear power plant |
Coal-fired condensing power plant |
Combined cycle gas turbine plant |
Peat-fired condensing power plant |
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Electric power (MWe) |
1250 |
500 |
400 |
150 |
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Net efficiency rate (%) |
35 |
41 |
55 |
38 |
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Investment costa (million euros) |
2186 |
407 |
229 |
145 |
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Investment cost per power output capacitya (euros/kWe) |
1749 |
814 |
572 |
964 |
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Fuel prices (euros/MWhf) |
1.00 |
4.20 |
10.93 |
5.89 |
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Fuel costs of electricity production (euros/MWhe) |
2.86 |
10.26 |
19.88 |
15.49 |
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Annual fixed operation and maintenance costs (percentage of investment) |
1.5 |
2.0 |
1.5 |
2.5 |
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Variable operation and maintenance costs (euros/MWhe) |
3.41 |
4.92 |
0.31 |
3.10 |
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Economic lifetime (years) |
40 |
25 |
25 |
20 |
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Interest rate (%) |
5.0 |
5.0 |
5.0 |
5.0 |
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Annuity factor (%) |
5.828 |
7.095 |
7.095 |
8.024 |
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a
The interest during construction
is included in the investment cost. For the nuclear power plant, the initial
fuel loading is included in the investment.
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© copyright The Uranium Institute 2000