"EDF estimates EPR2 programme cost at EUR72.8 billion"
France's EDF has said its preliminary cost estimate for the project to build six EPR2 reactors at Penly, Gravelines and Bugey totals EUR72.8 billion (USD85.3 billion).
Each reactor outputs 1650 megawatts of electricity running at full power. Assuming they run at 92% capacity factor, that's $9.38 per real annualized watt.
Great. So 538TWh per year is 61 GW so roughly 61 GW * $9.38 = $576 billion staggered over the 80 year life of nuclear plants is $7.2 billion per year of capital expenditure.
For comparison, wind is about $5/W. Assuming a 35% capacity factor and a 30 year expected lifetime for the latest turbines that comes to $10.0 billion per year of capital expenditure with no storage or fossil backup systems or extra capacity given weather variability.
philipkglass|1 month ago
France's EDF has said its preliminary cost estimate for the project to build six EPR2 reactors at Penly, Gravelines and Bugey totals EUR72.8 billion (USD85.3 billion).
https://www.world-nuclear-news.org/articles/edf-estimates-ep...
Each reactor outputs 1650 megawatts of electricity running at full power. Assuming they run at 92% capacity factor, that's $9.38 per real annualized watt.
gregbot|1 month ago
For comparison, wind is about $5/W. Assuming a 35% capacity factor and a 30 year expected lifetime for the latest turbines that comes to $10.0 billion per year of capital expenditure with no storage or fossil backup systems or extra capacity given weather variability.
https://en.wikipedia.org/wiki/Cost_of_electricity_by_source https://en.wikipedia.org/wiki/Electricity_sector_in_France