Nuclear production costs drop for 1995
U.S. nuclear power plants substantially improved on their prior year performance in 1995 as industry-wide production costs fell 5 percent to $19.11 per net MWh in 1995, according to statistics from the Utility Data Institute. Industry-wide output rose 5 percent to 674 million MWh and total production expenditures, including fuel, were $12.8 billion. In 1995, production expenses for the top three plants in the production cost rankings differed by less than one mill per kWh. Virginia Power`s North Anna, a two-unit 1,973 MW PWR station, took first place with a variable operations and maintenance costs of $11.16/MWh. Georgia Power`s Vogtle station was second with $11.26/MWh. Third place went to Wolf Creek, jointly-owned by three Kansas utilities, which has O&M costs of $11.95/MWh.