Fossil fuel power station the fossil fuel power plants, using discounted cash flows. In general large fossil plants are attractive due to their low initial capital costs—typically around £750–£1000 per kilowatt electrical compared to perhaps £1500 per kilowatt for onshore wind. Fossil fuel power station A fossil fuel power station is a power station which burns a fossil fuel such as coal, natural gas, or petroleum to produce electricity. Central station fossil fuel power plants are designed on a large scale for continuous operation. In many countries, such plants provide most of the electrical energy used. Fossil fuel power stations have machinery to convert
Economics of nuclear power plants significantly different evaluation of the risk of investing in new nuclear power plants. Two of the four EPRs under construction (the Olkiluoto Nuclear Power Plant in Finland and Flamanville in France), which are the latest new builds in Europe, are significantly behind schedule and substantially over cost. Following the 2011 Fukushima Daiichi nuclear disaster, costs are likely to go up for some types of currently operating and new nuclear power plants, due to new requirements for on-site spent fuel management and elevated design basis threats. Although the price of new plants in China is falling rapidly, approaching $1500/kW (or about