Cost of generating UK electricity (€cent/kWh) from new plant

The cost of generation is based on the most recent published data. It includes the investment and running costs plus the cost of the carbon credits. The costs for Ireland would be slightly higher but not excessively so. If we were to approach the installation of Nuclear using the French model we could reduce the cost significantly.

Energy Source
Basic cost
With back-up
With €45/t CO2
Nuclear
3.4
3.4
3.4
Gas-fired CCGT
6.6
6.6
8.4
Coal pulverised fuel
3.8
3.8
7.5
Coal fluidised bed
3.9
3.8
7.7
Onshore wind
5.6
8.1
8.1
Offshore wind
8.3
10.8
10.8

Source : BENE 2007