Contributors to LCOE

Figures in $/MWh (2003 price)

Sources of cost
reduction		 Cost reduction with
doubling for plants built		 Cost reduction with
doubling for plants built
3% 5% 10% 3% 5% 10%
Learning only 50 48 44 58 56 52
Learning and reduced
construction time		 44 43 40 51 50 46
Learning, reduced
construction time, and
reduced risk premium		 35 34 32 40 39 36