Technical FAQs 4

How much does it cost to build a power plant?

Civil build including all utility connections grid gas water and drains small power and lighting site completed 3-4 million pounds. Power plant with gross output of circa 4.5 MWe will cost in the region of 12-13 Million depending on final design and spec and commodity costs at the time of order.

Where can I find information on the cost of a power plant?

Two valuable sources for gathering accurate information on the cost of power plant are the US Energy Information Administration (EIA) and Lazard, a leading financial advisory and asset management company. In April 2023 Lazard published its Levelized Cost of Energy Analysis - Version 16.

How much does a nuclear power plant cost?

(See OWOE: What is carbon capture and storage (CCS)?) ** the upper cost for a nuclear plant is based on information for the most recent facility under construction in the US (Plant Vogtle - approximately $30 billion for 2 reactors at 1117 MW each. (See OWOE: What does it cost to build a nuclear power plant? ).

How important is capital cost to build a plant?

Although critical to the decision process, capital cost to build a plant is only one of the key input values needed to decide which type of plant should be built at any given time and location.

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