ML19256D255
| ML19256D255 | |
| Person / Time | |
|---|---|
| Site: | Crane |
| Issue date: | 04/21/1971 |
| From: | Morris P US ATOMIC ENERGY COMMISSION (AEC) |
| To: | US ATOMIC ENERGY COMMISSION (AEC) |
| References | |
| NUDOCS 7910170767 | |
| Download: ML19256D255 (1) | |
Text
hf April 21, 1971 Files DIFFERENTIAL COST OF PURCHAnn ELECTRIC POYER--PJE SYSTEM At my request, John Miller, Vice President of Metropolitan Edison Company, confirmed to me their present estimates of the cost differential for purchased power on the PJM system which they use as ancestimate of the penalty for the un-availability of a nuclear unit on the system.
The cost differential is based on a range of purchase prices, depending on the time of year, from 6 mills to 12 mills per kilowatt hour.
The nuclear fuel cost is calculated to be 2 mills per kilowatt hour and the high differential costs are now based on the escalation of fossil-fuel prices within the last year.
On this basis the cost of delay in operation of the 810 megawatt Metropolitan Edison Three Mile Island Plant would be between $120,000 and $240,000 per day.
The Philadelphia Electric 1065 megawatt plant, if delayed, would lead to even higher differential costs.
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