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Showing posts with the label operating costs

Nuclear Costs are Down and Performance is Up … Again

Michael Purdie The following is a guest post by NEI's Michael Purdie. In 2015, total generating costs for U.S. nuclear generation declined to $35.50/MWh from $36.35/MWh, a two percent decrease (2015 dollars).  Total generating costs are the “all-in” costs that include fuel, capital, and operating expenses. As the table below shows, the costs decreased roughly evenly between fuel ($0.31/MWh), capital ($0.22/MWh), and operations ($0.33/MWh).   While the costs declined in 2015, performance improved.   The nuclear industry operated at 92.2% capacity factor , which was an increase from 2014 (91.7%) and 2013 (89.9%). The nuclear industry is fighting to be valued properly in the electricity markets.  Not only do nuclear plants provide electricity 24 hours a day, 7 days a week, they provide clean energy , grid reliability , price stability, and fuel diversity .  Each of these attributes provides value that is not always priced into the market.  In...