Application of the discounted value flows method in production cost calculations for Czechoslovak nuclear power plants

The fundamentals are outlined of the discounted value flows method, which is used in industrial countries for calculating the specific electricity production costs. Actual calculations were performed for the first two units of the Temelin nuclear power plant. All costs associated with the construction, operation and decommissioning of this nuclear power plant were taken into account. With a high degree of certainty, the specific production costs of the Temelin nuclear power plant will lie within the range of 0.32 to 0.36 CSK/kWh. Nearly all results of the sensitivity analysis performed for the possible changes in the input values fall within this range. An increase in the interest rate to above 8% is an exception; this, however, can be regarded as rather improbable on a long-term basis. Sensitivity analysis gave evidence that the results of the electricity production cost calculations for the Temelin nuclear power plant can be considered sufficiently stable. (Z.M.). 7 figs., 2 tabs., 14 refs