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The Business Case for Nuclear Power [SIE7]
Update: 2023-04-29
Description
The Kenya Power and Lighting Company (KPLC) will be buying 7.13 KES ($0.05704) per KWh [or less] from NuPEA for the SMR-160 with an estimated capacity factor of 80% for 40 years if the capital cost is 260 Billion KES ($2 Billion) and discounted to 320 Billion KES.
If Kenya is truly using cheap electricity today, then it means nuclear power is way cheaper by 88% as compared to an IPP in Kenya; Triumph Power Generation Company Ltd selling 69 GWh to KPLC. The cost (6.26 KES/KWh) will also be at a 12.2% difference of the solar project in Garissa giving 82 GWh to the national grid.
Nuclear Energy is good for business.
If Kenya is truly using cheap electricity today, then it means nuclear power is way cheaper by 88% as compared to an IPP in Kenya; Triumph Power Generation Company Ltd selling 69 GWh to KPLC. The cost (6.26 KES/KWh) will also be at a 12.2% difference of the solar project in Garissa giving 82 GWh to the national grid.
Nuclear Energy is good for business.
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