1、 First published August 2023;updated November 2023 Electricity Generation Costs 2023 2 Crown copyright 2023 This publication is licensed under the terms of the Open Government Licence v3.0 except where otherwise stated.To view this licence,visit nationalarchives.gov.uk/doc/open-government-licence/ve

2、rsion/3 or write to the Information Policy Team,The National Archives,Kew,London TW9 4DU,or email:psinationalarchives.gsi.gov.uk.Where we have identified any third-party copyright information you will need to obtain permission from the copyright holders concerned.Any enquiries regarding this publica

3、tion should be sent to us at:generationcostsenergysecurity.gov.uk Electricity Generation Costs Report 2023 3 Contents Acronym glossary _ 5 Introduction _ 7 Section 1:How levelised costs are calculated _ 10 Section 2:Changes to generation cost assumptions _ 12 Renewable technologies _ 12 Onshore wind

4、&solar PV _ 12 Offshore wind _ 14 The Crown Estate Leasing Round 4 _ 14 Floating Offshore Wind and Tidal Stream research._ 15 Non-renewable technologies _ 17 Hydrogen-fired CCGTs _ 17 Energy from Waste&Advanced Conversion Technologies _ 18 Power CCUS and power BECCS _ 18 Nuclear technologies _ 18 Cr

5、oss-cutting assumptions _ 19 Fuel costs&gate fees_ 19 Carbon prices _ 19 Balancing Services Use of System(BSUoS)charges _ 19 Deflator assumptions _ 20 Fuel emissions factors _ 20 Heat revenues _ 20 Section 3:How the department uses generation cost data in modelling _ 21 Levelised costs are sensitive

6、 to the assumptions used _ 21 Levelised costs are not strike prices _ 22 Section 4:Generation cost estimates _ 24 Projects commissioning in 2025 _ 24 Projects commissioning in 2030 _ 26 Projects commissioning in 2035 _ 28 Projects commissioning in 2040 _ 30 Comparison between technologies over time