Earlier quoted context omitted.
> https://www.csiro.au/-/media/Energy/GenCost-2025-26-Final/Ge ... It is interesting to see how large-scale nuclear is handled. 120% and 60% increase in cost for FOAK and NOAK (Table 2-1), plus no learning rate for nuclear construction beyond that (Table C.2). Interest rates during construction unfairly penalise nuclear as "GenCost uses the simplest way which is to increase the capital cost by the assumed discount ra…
Now you’re desperately trying to rationalize new built nuclear power. GenCost has an amazing FAQ section you evidently either ignored, or did not peruse. For example here they discuss economic life vs operational life, when you live in reality rather than grasping for straws: > Why is the economic life used in LCOE calculations instead of the fulloperational life? > The LCOE calculation converts all upfront and ongoi…
Basic maths
2.2 * 1.25 * 1.1 = 3.025x LCOE for the first nuclear power station. 1.6 * 1.25 * 1.1 = 2.2x LCOE for the second plant. 1.0 * 1.25 * 1.1 = 1.375x LCOE for remaining plant.
Wind/solar is heavily dependent on the required storage (which depends on matching supply and demand), additional transmission and backup generation prices.
Finding the price tipping points is the point of the exercise. When you catch someone's fingers on the scales you realise what the game is.