May 15, 2008 - Special Report
Capital Costs Analysis Forum--Power: Market Review
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This report of the Power Capital Costs Index (PCCI) registers a 131 percent increase in the cost to construct power plants since the year 2000. The latest release of the IHS/CERA PCCI for North America shows a new index point at first quarter 2008 of 231, indicating that a power plant that cost $1 billion in 2000 would, on average, cost $2.31 billion today. Costs, on an upward trend since 2000, have surged in recent years, rising 19 percent in the past year and 69 percent since 2005. |
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