Across the NOAK window at unlevered returns of 8–12%, MetroVolt's required power-purchase price spans $56–92/MWh — squarely inside what firm, clean power already clears in real markets.
The band evaluates the same deposited cost ladder at investor hurdle rates: the levelized price at which units 20 through 50 clear an 8–12% unlevered IRR under the stated scenario conditioning. It is quoted as a Monte-Carlo scenario envelope in the series, with the deterministic ladder deposited as the traceable core (the S63 script prints both and says which is which).
Context anchors from 2024–26 markets are cited in the series: recent firm-power and clean-baseload contracts — including nuclear-restart and advanced-energy PPAs — have printed at and above this band's midpoint.
A required-PPA band inside observed market prints means MetroVolt does not need a policy miracle to pencil — it needs its physics gates. That is the correct dependency order for a technology company: the market risk is bounded and visible, so capital can price the science.
| Required PPA | $56–92 / MWh (8–12% unlevered IRR) |
| Window | NOAK units 20–50, scenario-conditioned |
| Deterministic core | deposited S63 ladder |
| Market context | 2024–26 firm-power prints at/above midpoint |
| Dependency | physics gates, not subsidies (in-model) |