Rank-order approach exceptions

A more sophisticated approach is to use risk-adjusted discounted cash flow methods that properly account for the nondiversifiable risk associated with fossil fuel price volatility and the lower diversifiable risk associated with capital projects. Application of this more robust financial analysis leads to a significant change in the costs of technologies. Table 6 suggests that the renewable technologies become slightly less costly while nuclear and fossil fuels, particularly gas, become significantly more expensive (in some cases the cost more than doubles). Furthermore, the cost rank order alters such that, with the exception of solar thermal, renewables become cheaper than the fossil fueled and nuclear options. 

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