
101Economics of Energy Generation and Conservation Systems
© 2008 Taylor & Francis Group, LLC
TABLE 2.11
Lifetime-Levelized Busbar Cost of Electrical Energy from a Nuclear LWR
a
e
b
, The cost of electric power in cents per kilowatt hour (0.1 times mills per kilowatt hour) isthe
sum of
Capital-related costs
100
8766
ϕ
⋅
+
+
−
L
I
K
xy
c
c
1
2
Plus O&M costs
+
⋅
+
100
8766
1
2L
O
K
yT
O
Plus fuel costs
+
+
Nuclear
or
fossil
o
100
24
1
2
0 0034
1
F
B
yT
f
o
η
η
.
++
yT
2
where Typical LWR Value
L is the plant capacity factor: actual energy output + energy if always at
100% rated power
0.90
φ is the annual xed charge rate (i.e., effective “mortgage” ...