The Competitiveness of Nuclear Energy: From LCOE to System Costs (notice n° 829456)
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|---|---|
| fixed length control field | 01828cam a2200169 4500500 |
| 005 - DATE AND TIME OF LATEST TRANSACTION | |
| control field | 20250123134610.0 |
| 041 ## - LANGUAGE CODE | |
| Language code of text/sound track or separate title | fre |
| 042 ## - AUTHENTICATION CODE | |
| Authentication code | dc |
| 100 10 - MAIN ENTRY--PERSONAL NAME | |
| Personal name | Keppler, Jan Horst |
| Relator term | author |
| 245 00 - TITLE STATEMENT | |
| Title | The Competitiveness of Nuclear Energy: From LCOE to System Costs |
| 260 ## - PUBLICATION, DISTRIBUTION, ETC. | |
| Date of publication, distribution, etc. | 2019.<br/> |
| 500 ## - GENERAL NOTE | |
| General note | 3 |
| 520 ## - SUMMARY, ETC. | |
| Summary, etc. | Economists used to compare the costs of electricity based on the discounted average lifetime costs of power plants, a metric known as the levelised costs of electricity (LCOE). This transparent and comparatively simple metric worked well in a context of regulated markets. Nuclear, coal, gas and hydro thus competed based on their respective capital, labour and fuel costs at the level of the individual plant. Three forces compel a move away from LCOE. First, the social costs of CO2 and local pollutants are becoming an important decision criterion. Second, the liberalisation of electricity markets introduces price and market risk as a dimension of investor cost. Third, the rise of variable renewable energies (VRE) such as wind and solar PV requires new costs metrics, as the system needs to back up variable resources with added capacity of dispatchable plants. A study by the OECD Nuclear Energy Agency (NEA) shows that integrating system effects increases the costs of a MWh produced by VREs up to USD 50 when they have a 75% share. While precise amounts vary with penetration and flexibility resources, policymakers need to understand that the presence of VRE requires a new notion of competitiveness that includes system effects. |
| 700 10 - ADDED ENTRY--PERSONAL NAME | |
| Personal name | Cometto, Marco |
| Relator term | author |
| 786 0# - DATA SOURCE ENTRY | |
| Note | Annales des Mines - Responsabilité & environnement | 97 | 1 | 2019-12-26 | p. 31-34 | 1268-4783 |
| 856 41 - ELECTRONIC LOCATION AND ACCESS | |
| Uniform Resource Identifier | <a href="https://shs.cairn.info/revue-responsabilite-et-environnement-2020-1-page-31?lang=en&redirect-ssocas=7080">https://shs.cairn.info/revue-responsabilite-et-environnement-2020-1-page-31?lang=en&redirect-ssocas=7080</a> |
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