World Energy Resources | 2016

WORLD ENERGY COUNCIL | URANIUM AN D NUCLEAR
The competitiveness of nuclear is enhanced further when the ‘systems’ costs of different
technologies are included. The standard calculation of levelised costs takes the costs at the
site boundary (i.e., does not include transmission and distribution costs) and most
importantly takes no account of the balancing and adequacy requirements needed to
guarantee supply when needed. All technologies have systems costs, but they are most
pronounced for intermittent generation technologies. The charts below give an indication of
the magnitude of these costs in four countries.
FIGURES 4: PROJECTED COSTS OF GENERATION ELECTRICITY 2015
FRANCE: PLANT LCOE PLUS SYSTEM COST $/MWH, 7% DISCOUNT FACTOR
KOREA: PLANT LCOE PLUS SYSTEM COST $/MWH, 7% DISCOUNT FACTOR
UNITED KINGDOM: PLANT LCOE PLUS SYSTEM COST $/MWH, 7% DISCOUNT
FACTOR
20