LCOE Calculator

This is a tool to calculate the Levelized Cost of Electricity (LCOE) of a large and commercial nuclear power reactor. There are various options available, including default parameters, customized parameters, default design, and default scenario/region/year.

Sources

• [1] IEA projected costs of generation electricity 2020
• [2] IAEA Economic Evaluation of Alternative Nuclear Energy Systems (2014)
• [3] IEA World Energy Outlook 2022
• [4] IEA Net Zero by 2050, A Roadmap for the Global Energy Sector (2021)
• [5] Capital cost estimation for advanced nuclear power plants (2022)

For learning curve:

• [6] OECD NEA Unlocking Reductions in the Construction Costs of Nuclear (2020)
• [7] Lucid Catalyst con Energy Technology Institute: Nuclear Cost Divers Project (2020)

To be added

1. Jupyter notebook application
2. Controls on inputs
3. MWh input
4. Possibility to come back
5. Reactor() class formatting and possibility to edit for regional default parameters
6. Total cost for reactor, learning curve
7. LTO
8. Multiple option calculator (like same parameters but 3 different discount rate)
9. Create table and charts
10. Other technology