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savings in the other sectors of the economy. The ‘Others’ save £3.8m, meaning that the additional costs to the UK are only £0.6m.
- If the APC was 50% greater than the academic institution breakeven point then costs to the institutions would be £11.0m more than the Central Case, with Others’ savings only offsetting this by £1.7m.
Sensitivity 2 - level of Gold uptake in the UK and rest of the world
Table 0.5: Results of sensitivity 2 (figures in £m)
| Cost Category | Central Case | Sensitivity 2: level of Gold uptake in the UK and rest of the world | ||||
| 10% | 30% | 40% | 50% | |||
| Academic Institutions | Author-side payments | 22.0 | 3.2 (-18.9) |
31.6 (+9.6) |
45.9 (+23.8) |
60.1 (+38.1) |
| Subscriptions | -18.7 | -2.7 (+16) |
-26.9 (-8.2) |
-39.0 (-20.3) |
-51.1 (-32.4) | |
| Access Provision | -3.5 | -0.5 (+3) |
-5.0 (-1.5) |
-7.2 (-3.8) |
-9.5 (-6) | |
| Transition costs | 0.2 | Constant at £200k for academic institutions | ||||
| Total | 0.0 | 0.2 (+0.2) |
-0.0 (-0.1) |
-0.2 (-0.2) |
-0.3 (-0.3) | |
| Others | Author-side payments | 5.5 | 0.8 (-4.7) |
7.9 (+2.4) |
11.5 (+6) |
15.0 (+9.5) |
| Subscriptions and other revenues | -9.5 | -1.4 (+8.1) |
-13.6 (-4.1) |
-19.7 (-10.2) |
-25.8 (-16.3) | |
| Access Provision | -2.1 | -0.3 (+1.8) |
-3.0 (-0.9) |
-4.3 (-2.3) |
-5.7 (-3.6) | |
| Transition Costs | 0.8 | Constant at £800k for Others | ||||
| Total | -5.2 | -0.0 (+5.2) |
-7.9 (-2.6) |
-11.8 (-6.5) |
-15.7 (-10.4) | |
| Annual Total | -5.2 | -0.0 (+5.3) |
-7.9 (-2.7) |
-11.9 (-6.7) |
-16.0 (10.7) | |
| 20-year NPV Net Total | -76.9 | 1.3 (+78.2) |
-116.7 (-39.8) |
-175.7 (-98.8) |
-234.7 (-157.8) | |
Key points to note are as follows:
- Varying the level of Gold uptake does not have a significant impact on academic institutions’ net costs, because the APC has been set at the academic institutions breakeven point. For example, an increase from 23% (in the Central Case) to 50% causes a small change in annual academic institutions’ net costs (a saving of £0.3m). However,
