DaveMart wrote:

Hi Cyril.

Have you got a url for that 8 Euro cents kwh?

Based on a table in this reference:

http://www.ecn.nl/docs/library/report/2008/e08034.pdfwe find table 3.14 on page 104 showing some nice numbers about this project:

Investment cost [€2007] 4 billion (ATW, 2007)

Specific investment cost [€2007/kW] 2,500

Availability [%] 90

Typical capital cost [€2007/MWh] 35

Typical O&M cost [€2007/MWh] 6-9

Typical front-end fuel cost [€2007/MWh] 3.5-4.5

Typical back-end fuel cost [€2007/MWh] 3-4 Decommissioning cost [€2007/MWh] 0.5-1

Total generation cost [€2007/MWh] 48-53.5

46 €/MWh according to (Dupraz, 2007)

Taking the higher number to be conservative, 5.35 cents per kWh. Then adding the cost overruns for Olkiluoto on the 3.5 cent per kWh captal cost, which is 1.5x cost overruns over the initial 4 billion euros, this adds (0.5x3.5) = 1.75 cents per kWh.

That makes the total cost 7.1 euro cents per kWh.

Add a bit inflation to get to 7.5 eurocents in 2011 money.