Question: Levelized cost: A nuclear power reactor is being built in Georgia. The cost is higher than initially projected. The capital cost for the two

Levelized cost: A nuclear power reactor is being built in Georgia. The cost is higher than initially projected. The capital cost for the two reactor is now $30 billion. Assume that the operating cost is $0.01/kWh. Each reactor has a capacity of 1100 MW (so the total project has a capacity of 2200 MW), and is expected to have a capacity factor of 90% (that is, it will run on average at 90% of its capacity). Assume a lifetime of 30 years and a discount rate of 7%. What will be the levelized cost of electricity, in S/kWh?
Step by Step Solution
3.42 Rating (161 Votes )
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
