Those numbers are wildly optimistic, these overruns mean the plant is going to be repaying construction costs over it’s full lifespan.
I don’t know where you messed up but if you’re running the numbers include the full cost not just the overrun, interest rates, increasing operating costs during loan repayment, capacity factor, and decommissioning costs. Opening costs late in life is a real killer as older power plants mean ever more equipment needs to be replaced which then lowers capacity factors etc.
I don’t know where you messed up but if you’re running the numbers include the full cost not just the overrun, interest rates, increasing operating costs during loan repayment, capacity factor, and decommissioning costs. Opening costs late in life is a real killer as older power plants mean ever more equipment needs to be replaced which then lowers capacity factors etc.
Also, LCOE battery backed solar is also under 60$/MWh https://atb.nrel.gov/electricity/2022/utility-scale_pv-plus-... Numbers may be slightly higher in Georgia, but still well below your estimate.