The overnight cost is frequently used when describing power plants. The unit of measure typically used when citing the overnight cost of a power plant is $/kW. For example, the overnight cost of a nuclear plant might be $5,000/kW, so a 1000 MW plant would have an overnight cost $5 billion. (Interest on the $5 billion spent during construction would be extra.)
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Famous quotes containing the words overnight and/or cost:
“Like other cities created overnight in the Outlet, Woodward acquired between noon and sunset of September 16, 1893, a population of five thousand; and that night a voluntary committee on law and order sent around the warning, “if you must shoot, shoot straight up!””
—State of Oklahoma, U.S. public relief program (1935-1943)
“Keeping accounts, Sir, is of no use when a man is spending his own money, and has nobody to whom he is to account. You won’t eat less beef today, because you have written down what it cost yesterday.”
—Samuel Johnson (1709–1784)