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Targets IMage Energy Regional (TIMER) Model, Technical ...

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page 62 of 188 RIVM report 461502024<br />

7DEOH'DWDRQK\GURSRZHUJHQHUDWLRQDQGWHFKQLFDOSRWHQWLDO(TQVDQG<br />

Potential Production<br />

Capacity Load factor Investments<br />

in use<br />

1971 1980 1995 1995 1995 Initial value<br />

GWe PJ PJ PJ Fraction Fraction $/kWe<br />

Can 164 585 904 1207 0.37 0.62 3000<br />

USA 173 949 1004 1131 0.54 0.40 3000<br />

Cam 56 63 85 156 0.33 0.30 2000<br />

Sam 509 248 692 1621 0.18 0.60 2000<br />

NAfr 23 25 42 42 0.20 0.32 2000<br />

WAfr 253 33 55 84 0.04 0.30 2000<br />

EAfr 101 3 8 19 0.02 0.30 2000<br />

SAfr 101 18 104 47 0.05 0.30 2000<br />

WE 365 1140 1429 1625 0.45 0.35 3500<br />

EE 48 99 197 191 0.54 0.25 3000<br />

FSU 278 454 665 861 0.25 0.41 1500<br />

ME 18 23 76 184 0.64 0.63 10000<br />

SAs 190 118 207 365 0.15 0.47 2000<br />

EAs 481 166 308 811 0.13 0.48 2000<br />

SEAs 163 27 35 142 0.08 0.33 2000<br />

Oc 20 89 115 155 0.68 0.39 3500<br />

Jap 40 303 318 296 0.98 0.30 3500<br />

Source: Resources are based on the UNDP (2000); in combination with (Moreira, 1993).<br />

Production data from IEA (1998).<br />

7DEOH,PSOHPHQWDWLRQIRUVRPHNH\WLPHGHSHQGHQWV\VWHPYDULDEOHV(TQV<br />

(3*0RGHO 7KHUPDO7 +\GUR+ 1RQ7KHUPDO17 7 '<br />

Economic LifeTime (yr) 12 12 12 30<br />

<strong>Technical</strong> LifeTime (yr) 25 50 25 40<br />

Interest Rate (%) 10 10 10 10<br />

Construction delay (yr) 3 5 8 na<br />

TE-NTE logit parameter 4<br />

TE fuels logit parameter 2<br />

Learning starts up with an initial value of the specific investment costs, Isp N,init . An additional<br />

problem is that the ‘NR’ technology used in the model, is in reality a combination of all kind of<br />

renewables, which means that somehow data for solar, wind etc needs to be combined. The first<br />

step is to gauge π NT to more-or-less the scarcely available time-series for generation costs of<br />

nuclear and a combination of solar/wind. Based on the data from various sources (IEA, 2000,<br />

WEA, 2000) we have decided to use a learning rate for NR of 0.8. For NU, we have a historic<br />

learning rate of 1.0 (a result of technology development on one hand, and stricter regulation on<br />

the other). Choices for some other important parameters are shown in 7DEOH<br />

Available data on current generation costs based on nuclear power typically varies between<br />

2000-3000 US$/kW, making nuclear slightly more expensive than coal-based and natural gas<br />

based alternatives in almost all countries (IEA, 1998a). For solar, wind and other renewables<br />

considerable ranges for generation costs can be found – depending, for instance, on the site,<br />

country and technologies applied. Generation costs for PV typically vary around 5000-10000

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