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Appendix E: Adjustment of Capital Costs for Unit Size


Fossil Fuel Electricity Generating Costs

East Harbour Management Services
[ Last Updated 19 December 2005 ]


The specific capital costs generally apply to plant that is close to the size of plant that has been quoted. Scaling factors are used to estimate the specific cost of plant of a different size. Capital costs tend to obey power laws in terms of relation to size.

An estimate of a different size of plant can be found by applying the following formula

C = Cknown x (Sknown / S)n in $/kW

Where C is the unknown cost in $/kW

Cknown is the known cost in $/kW

Sknown is the known size

S is the size for which the cost is to be calculated

n is the scaling factor

The following Table E1 gives approximate capital cost scaling factors over a limited range, say ± 50%.

Table E1: Capital Cost Scaling Factors
TechnologyScaling Factor "n"
Simple cycle gas turbine0.23
Combined cycle gas turbine (CCGT)0.3
Pulverised coal fuel0.25

 


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