ABCDEFGHIJKLMNOPQRSTUVWXYZAAABACADAEAF
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€/$1,15
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economic lifeyears6060606060
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Overnight costOCC€/kW38003800380038003800
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Construction timeyears1010101010
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Capacity factorCAF%90%90%90%90%90%
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CAPEX
French State
Target construction cost share54%54%54%54%100%
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Overnight cost share61%60%58%57%100%
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Overnight costOCC€/kW23142261221021583800
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discount rateWACC%3,5%3,5%3,5%3,5%3,5%
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Interest during constructionIDC€/kW496484473462814
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State construction costCC€/kW28102745268326214614
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Capital recovery factorCRF%4,01%4,01%4,01%4,01%4,01%
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Annualised capital costACC€/MWh€ 14,3€ 14,0€ 13,6€ 13,3€ 23,5
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EDFOvernight costOCC€/kW14861539159016420
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discount rateWACC%8,5%7,5%6,5%5,5%0,0%
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Interest during constructionIDC€/kW9068026955880
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EDF construction costCC€/kW23922341228622300
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Capital recovery factorCRF%8,56%7,60%6,65%5,73%1,67%
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Annualised capital costACC€/MWh€ 26,0€ 22,6€ 19,3€ 16,2€ 0,0
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Total construction cost (State + EDF)CC€/kW52015086496948514614
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State share%54,0%54,0%54,0%54,0%100,0%
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OPEXAnnual fixed costsFXC
€/kW.yr
7272727272
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Fixed operating & maintenance costsFOMC€/MWh€ 9,2€ 9,2€ 9,2€ 9,2€ 9,2
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Variable operating & maintenance costs
VOMC€/MWh€ 4,0€ 4,0€ 4,0€ 4,0€ 4,0
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Total operating and maintenance costs
OMC€/MWh€ 13,2€ 13,2€ 13,2€ 13,2€ 13,2
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Fuel priceFP€/GJ0,700,700,700,700,70
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Heat rateHR
GJ/MWh
1010101010
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Fuel costFC€/MWh€ 7,0€ 7,0€ 7,0€ 7,0€ 7,0
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LCOELCOE CAPEX (State)€/MWh€ 14,3€ 14,0€ 13,6€ 13,3€ 23,5
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LCOE CAPEX (EDF)€/MWh€ 26,0€ 22,6€ 19,3€ 16,2€ 0,0
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LCOE OPEX (EDF)€/MWh€ 20,1€ 20,1€ 20,1€ 20,1€ 20,1
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LCOE (EDF)€/MWh€ 46€ 43€ 39€ 36€ 20
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CfDCfD€/MWh€ 63€ 57€ 51€ 45€ 33
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EDF profit€/MWh€ 17€ 14€ 12€ 9€ 13
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LCOE(EDF + State)LCOE€/MWh€ 60€ 57€ 53€ 50€ 44
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LCOE(CfD + State)LCOE€/MWh€ 77€ 71€ 65€ 58€ 56
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EPR power capacityGW1,651,651,651,651,65
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EPR number#66666
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Total CAPEX for 6 EPRsB€51,550,349,248,045,7
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Sources:
https://www.contexte.com/article/energie/info-contexte-les-scenarios-de-letat-pour-financer-six-nouveaux-reacteurs-nucleaires_122637.html?
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https://savoie-antinucleaire.fr/2021/06/25/info-contexte-nouveau-nucleaire-edf-engage-des-centaines-de-millions-deuros-dans-dhypothetiques-epr2/
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https://openknowledge.worldbank.org/bitstream/handle/10986/34018/Demystifying-the-Costs-of-Electricity-Generation-Technologies.pdf
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54
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Weighted average cost of capitalWACC7%3%3%
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life60years60years60years
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Overnight costOCC4500€/kWdelay3800€/kWdelay2500€/kWdelay
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Construction time12years07years05years0
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Interest during constructionIDC2678€/kW484€/kW234€/kW
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Total construction costCC7178€/kW4284€/kW2734€/kW
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Capital recovery factorCRF7,12%%3,61%%3,61%%
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Capacity factorCAF100%%100%%100%%
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Annualised capital costACC€ 58,4€/MWh€ 17,7€/MWh€ 11,3€/MWh
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Annual fixed costsFXC€ 85,5€/kW.yr€ 72,2€/kW.yr€ 47,5€/kW.yr
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Fixed operating & maintenance costsFOMC€ 9,8€/MWh€ 8,2€/MWh€ 5,4€/MWh
67
Variable operating & maintenance costs
VOMC€ 4,0€/MWh€ 4,0€/MWh€ 4,0€/MWh
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Total operating and maintenance costs
OMC€ 13,8€/MWh€ 12,2€/MWh€ 9,4€/MWh
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Fuel priceFP0,70€/GJ0,70€/GJ0,70€/GJ
70
Heat rateHR10GJ/MWh10GJ/MWh10GJ/MWh
71
Fuel costFC€ 7,0€/MWh€ 7,0€/MWh€ 7,0€/MWh
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LCOE79,08€/MWh36,87€/MWh27,66€/MWh
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Kernenergie stroomprijs in drie verschillende overnight bouwkosten scenario's
Nuclear power LCOE for three overnight construction cost cases
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getabelleerd tegen discontovoet en bouwtijd
tabled versus discount rate and construction time
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€/MWh (LCOE), 2 x EPR (1,65 GW), €4500/kW OCC, op basis van Hinkley Point C project
€/MWh (LCOE), 2 x EPR (1,65 GW), €4500/kW OCC, on the basis of the Hinkley Point C project
79
Bouwtijd (jaren)
Construction time (years)
80
79,145678910111279,1456789101112
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Gewogen gemiddelde
kapitaalkosten (WACC)		1%32,432,532,632,632,732,732,832,932,9Weighted average
cost of capital (WACC)		1%32,432,532,632,632,732,732,832,932,9
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2%36,236,436,636,736,937,137,237,437,62%36,236,436,636,736,937,137,237,437,6
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3%40,741,041,341,642,042,342,643,043,33%40,741,041,341,642,042,342,643,043,3
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4%45,846,346,847,447,948,549,149,750,34%45,846,346,847,447,948,549,149,750,3
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5%51,452,253,053,954,755,656,657,558,55%51,452,253,053,954,755,656,657,558,5
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6%57,658,759,961,162,463,765,166,668,16%57,658,759,961,162,463,765,166,668,1
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7%64,265,767,469,170,972,874,876,979,17%64,265,767,469,170,972,874,876,979,1
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8%71,273,375,577,980,382,985,788,591,68%71,273,375,577,980,382,985,788,591,6
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9%78,781,484,387,390,694,097,7101,6105,89%78,781,484,387,390,694,097,7101,6105,8
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10%86,589,993,697,6101,8106,3111,1116,2121,710%86,589,993,697,6101,8106,3111,1116,2121,7
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11%94,799,0103,6108,5113,9119,6125,8132,5139,711%94,799,0103,6108,5113,9119,6125,8132,5139,7
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12%103,3108,5114,2120,3127,0134,2142,0150,5159,712%103,3108,5114,2120,3127,0134,2142,0150,5159,7
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€/MWh (LCOE), 6 x EPR (1,65 GW), €3800/kW OCC (opgave Franse Ministerie van Economie, 2021)
€/MWh (LCOE), 6 x EPR (1,65 GW), €3800/kW OCC according to French Ministery of Economics, 2021)
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Bouwtijd (jaren)
Construction time (years)
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36,945678910111236,9456789101112
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Gewogen gemiddelde
kapitaalkosten (WACC)		1%29,129,129,229,229,329,329,429,429,5Weighted average
cost of capital (WACC)		1%29,129,129,229,229,329,329,429,429,5
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2%32,332,432,632,732,933,033,133,333,42%32,332,432,632,732,933,033,133,333,4
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3%36,136,336,636,937,137,437,738,038,33%36,136,336,636,937,137,437,738,038,3
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4%40,440,841,241,742,242,643,143,644,24%40,440,841,241,742,242,643,143,644,2