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Projected Costs of Generating Electricity - OECD Nuclear Energy ...

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Table <strong>of</strong> Contents<br />

Table <strong>of</strong> Contents<br />

Foreword 5<br />

Executive Summary 11<br />

Chapter 1 – Introduction 15<br />

Background 15<br />

Objectives and scope 15<br />

Evolution <strong>of</strong> decision making in the electricity sector 16<br />

Past studies in the series 17<br />

Other relevant international and national studies 18<br />

Overview <strong>of</strong> the report 20<br />

Chapter 2 – Input data and cost calculation framework 23<br />

Overview <strong>of</strong> the questionnaire 23<br />

Coverage <strong>of</strong> responses 24<br />

Methodology and common assumptions 25<br />

Chapter 3 – Generation costs <strong>of</strong> coal-fired, gas-fired and nuclear power plants 35<br />

Coal-fired power plants 35<br />

Gas-fired power plants 39<br />

<strong>Nuclear</strong> power plants 43<br />

Cost ranges for coal, gas and nuclear power plants 46<br />

Cost ratios for coal, gas and nuclear power plants 46<br />

Chapter 4 – Generation costs <strong>of</strong> wind, hydro and solar power plants 53<br />

Wind power plants 53<br />

Hydro power plants 56<br />

Solar power plants 58<br />

Chapter 5 – Generation costs <strong>of</strong> combined heat and power (CHP) plants 63<br />

Background 63<br />

Characteristics <strong>of</strong> the CHP plants considered in the study 63<br />

Cost estimation approach 63<br />

<strong>Electricity</strong> generation cost estimates 65<br />

Chapter 6 – Other generation technologies 69<br />

Distributed generation 69<br />

Waste incineration and landfill gas 71<br />

Combustible renewable 71<br />

Geothermal 72<br />

Oil 72<br />

Chapter 7 – Findings and conclusions 73<br />

Background 73<br />

Scope <strong>of</strong> the study and limitations in the methodology used 73<br />

Technology trends 75<br />

Coal, gas and nuclear electricity generation 75<br />

Renewable sources, CHP and other technologies 76<br />

Generation cost trends 77<br />

Concluding remarks 78<br />

7

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