Hydropower Production Profiles: Impacts on Capacity Structure, Emissions, and Windfall Profits

Table 1

Capacity and generation costs.

Generation type	Annual capital costs €/MW	Variable costs without emission trade €/MWh	Variable costs with emission trade €/MWh
Hydropower	67336	4	4
Nuclear power (baseload)	118697	15	15
Conventional thermal power (midmerit)	74657	32	52
Peaker power	40200	45	60