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Publication Laka-library:
Projected costs of generating electricity. Update 1998 (1998)

AuthorNEA, IEA
DateOctober 1998
Classification 6.01.0.10/63 (COSTS)
Front

From the publication:

EXECUTIVE SUMMARY

This fifth study on projected costs of generating base-load electricity was carried 
out by a Group of Experts convened jointly by the Nuclear Energy Agency (NEA) 
and the International Energy Agency (IEA). The International Atomic Energy Agency 
(IAEA) contributed to the study by providing experts from non-OECD countries. In 
addition, the International Union of Producers and Distributors of Electrical Energy 
(UNIPEDE) was represented in the Group.

Data and information for this study were provided by national experts from 
governmental bodies and utilities in fourteen OECD countries and five non-OECD 
countries. The projected costs of generating electricity presented in the report 
were calculated using a consistent, levelised lifetime cost methodology and 
commonly agreed assumptions for a reference case and sensitivity analyses.

The study focuses on base-load technologies and plant types that could be 
commissioned in the participating countries by 2005-2010 and for which they 
have developed cost estimates. Those include mainly advanced coal-fired, combined 
cycle gas-fired, and nuclear power plants. One country provided cost estimates for 
electricity generation by combined heat and power plants; three countries provided 
cost estimates for electricity generation by renewable energy sources; and one 
country provided cost estimates for electricity generation by an oil-fired power plant.

The projected generation costs presented include the costs associated with 
environmental protection norms and regulations in place in the participating 
countries. The impacts of those costs on the relative competitiveness of alternative 
options are discussed. The report also addresses the impact of electricity market 
liberalisation on generation costs and issues related to security of energy supply 
and diversity in electricity generation.

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