This scenario compiles the levelised costs of electricity for the BAU Scenario. These costs include fuel, operation and maintenance cost scenarios as well as the corresponding incremental inflation rates. Costs have been levelised using a money interest of 8% and a general inflation rate of 3.5% per annum, as well as a 30-year useful life for natural gas installations and natural gas combined cycle power plants (CCGT), 35 years for coal plants and 40 years for the potential new nuclear power stations.

 

If the different capacity factors are taken into account, the graph shows the levelised total costs (including the costs of CO2 emissions) associated with electricity generation through the mix of technologies of the BAU Scenario.