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32 Pages

Assessment of existing structures and life extension

The oil crisis of 1973 has produced a definitive change in the status quo that has dominated the post-2nd World War period. The raise of the costs of the primary energy sources were immediately reflected on the costs of raw materials and the manpower followed this evolution. As a consequence of this situation, the power plant equipment costs have increased significantly, as well as the generation costs, due to the higher fuel prices, which in turn had a very strong impact on the kWh price.