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Title: Cost comparison between base-load coal-fired and nuclear plants in the midterm future (1985--2015)

Abstract

The purpose of this study is to examine the relative costs of the coal and nuclear modes of electricity generation in the period between 1985 and 2015. These two modes of power generation are likely to be the mainstay source of electric power in the United States for that time period. A thorough understanding of their competitiveness not only is important in utility companies' decisions to go one route or the other but also is important to the government and the public when answers must be found for difficult questions, such as economic and environmental implications of a massive societal leaning toward one or the other option. In this study, the primary and secondary factors that affect the cost comparison of coal-fired and nuclear plant options for the midterm future have been separated and arranged so that they can be examined systematically. Estimated inflation of the economy and net fuel cost increases are internalized in the determination of life-cycle levelized cost of electricity in several plausible scenarios. Baseline data for capital and operating costs at beginning-of-life are determined by the tax rate, the expected rate of inflation at the time of capitalization, the net rate of fuel cost increases, andmore » future eventualities of inflation. Other factors such as plant life spans, capacity factors, changes in baseline capital, and fuel cost are considered in sensitivity studies.« less

Authors:
Publication Date:
Research Org.:
Institute for Energy Analysis, Oak Ridge, Tenn. (USA)
OSTI Identifier:
5340539
Report Number(s):
ORAU/IEA(M)-76-3
TRN: 78-001485
DOE Contract Number:  
EY-76-C-05-0033
Resource Type:
Technical Report
Country of Publication:
United States
Language:
English
Subject:
21 SPECIFIC NUCLEAR REACTORS AND ASSOCIATED PLANTS; 20 FOSSIL-FUELED POWER PLANTS; 29 ENERGY PLANNING, POLICY AND ECONOMY; FOSSIL-FUEL POWER PLANTS; COMPARATIVE EVALUATIONS; ECONOMICS; NUCLEAR POWER PLANTS; COST; ELECTRIC POWER; FORECASTING; POWER GENERATION; NUCLEAR FACILITIES; POWER; POWER PLANTS; THERMAL POWER PLANTS; 210800* - Nuclear Power Plants- Economics; 200106 - Fossil-Fueled Power Plants- Economics; 296001 - Energy Planning & Policy- Electric Power Generation- (-1989); 290600 - Energy Planning & Policy- Nuclear Energy

Citation Formats

Phung, D.L. Cost comparison between base-load coal-fired and nuclear plants in the midterm future (1985--2015). United States: N. p., 1976. Web.
Phung, D.L. Cost comparison between base-load coal-fired and nuclear plants in the midterm future (1985--2015). United States.
Phung, D.L. Wed . "Cost comparison between base-load coal-fired and nuclear plants in the midterm future (1985--2015)". United States.
@article{osti_5340539,
title = {Cost comparison between base-load coal-fired and nuclear plants in the midterm future (1985--2015)},
author = {Phung, D.L.},
abstractNote = {The purpose of this study is to examine the relative costs of the coal and nuclear modes of electricity generation in the period between 1985 and 2015. These two modes of power generation are likely to be the mainstay source of electric power in the United States for that time period. A thorough understanding of their competitiveness not only is important in utility companies' decisions to go one route or the other but also is important to the government and the public when answers must be found for difficult questions, such as economic and environmental implications of a massive societal leaning toward one or the other option. In this study, the primary and secondary factors that affect the cost comparison of coal-fired and nuclear plant options for the midterm future have been separated and arranged so that they can be examined systematically. Estimated inflation of the economy and net fuel cost increases are internalized in the determination of life-cycle levelized cost of electricity in several plausible scenarios. Baseline data for capital and operating costs at beginning-of-life are determined by the tax rate, the expected rate of inflation at the time of capitalization, the net rate of fuel cost increases, and future eventualities of inflation. Other factors such as plant life spans, capacity factors, changes in baseline capital, and fuel cost are considered in sensitivity studies.},
doi = {},
journal = {},
number = ,
volume = ,
place = {United States},
year = {1976},
month = {9}
}

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