3 ms·
LCOE in the lazard report is a forward looking report for comparing costs of new builds with current and past tech. The prices you are quoting have sunk costs
by dv_dt 7y ago
LCOE in the lazard report is a forward looking report for comparing costs of new builds with current and past tech.
The prices you are quoting have sunk costs into them and don't represent total system costs of the initial build for example. As French nuclear plants from earlier investments reach end of life, France itself is estimating the need to introduce a higher portion of renewable and expects to save time and money from it.
https://www.bloomberg.com/news/articles/2018-12-10/french-power-costs-will-rise-if-renewables-are-sidestepped https://www.bloomberg.com/news/articles/2018-12-10/french-po...
"France will save 39 billion euros ($44.5 billion) if it refrains from building 15 new nuclear plants by 2060, and bets instead on renewable energy sources to replace all its aging atomic facilities."