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The Economics of Long-term Operation of Nuclear Power Plants

The Economics of Long-term Operation of Nuclear Power Plants PDF Author: Organisation for Economic Co-operation and Development
Publisher:
ISBN: 9789264992054
Category : Nuclear energy
Languages : en
Pages : 114

Book Description
Refurbishment and long-term operation (LTO) of existing nuclear power plants (NPPs) today are crucial to the competitiveness of the nuclear industry in OECD countries as existing nuclear power plants produce baseload power at a reliable cost. A number of nuclear power plants, most notably 73 units in the United States (up to 2012), have been granted lifetime extensions of up to 60 years, a development that is being keenly watched in other OECD countries. In many of these (e.g. France, Switzerland), there is no legal end to the operating licence, but continued operation is based on the outcomes of periodic safety reviews. This study analyses technical and economic data on the upgrade and lifetime extension experience in OECD countries. A multi-criteria assessment methodology is used considering various factors and parameters reflecting current and future financial conditions of operation, political and regulatory risks, the state of the plants' equipment and the general role of nuclear power in the country's energy policy. The report shows that long-term operation of nuclear power plants has significant economic advantages for most utilities envisaging LTO programmes. In most cases, the continued operation of NPPs for at least ten more years is profitable even taking into account the additional costs of post-Fukushima modifications, and remains cost-effective compared to alternative replacement sources.

The Economics of Long-term Operation of Nuclear Power Plants

The Economics of Long-term Operation of Nuclear Power Plants PDF Author: Organisation for Economic Co-operation and Development
Publisher:
ISBN: 9789264992054
Category : Nuclear energy
Languages : en
Pages : 114

Book Description
Refurbishment and long-term operation (LTO) of existing nuclear power plants (NPPs) today are crucial to the competitiveness of the nuclear industry in OECD countries as existing nuclear power plants produce baseload power at a reliable cost. A number of nuclear power plants, most notably 73 units in the United States (up to 2012), have been granted lifetime extensions of up to 60 years, a development that is being keenly watched in other OECD countries. In many of these (e.g. France, Switzerland), there is no legal end to the operating licence, but continued operation is based on the outcomes of periodic safety reviews. This study analyses technical and economic data on the upgrade and lifetime extension experience in OECD countries. A multi-criteria assessment methodology is used considering various factors and parameters reflecting current and future financial conditions of operation, political and regulatory risks, the state of the plants' equipment and the general role of nuclear power in the country's energy policy. The report shows that long-term operation of nuclear power plants has significant economic advantages for most utilities envisaging LTO programmes. In most cases, the continued operation of NPPs for at least ten more years is profitable even taking into account the additional costs of post-Fukushima modifications, and remains cost-effective compared to alternative replacement sources.

Economic Assessment of the Long Term Operation of Nuclear Power Plants

Economic Assessment of the Long Term Operation of Nuclear Power Plants PDF Author: International Atomic Energy Agency
Publisher: International Atomic Energy Agency
ISBN: 9789201042187
Category : Technology & Engineering
Languages : en
Pages : 126

Book Description
This publication describes the various approaches to the techno-economic assessment of a project for the long term operation of a nuclear power plant in its specific market environment. It examines the process of defining the technical scope required to prolong the operating licences of nuclear power plants and highlights the need for further studies on technical cost drivers and economic assessments in order to better define the cost boundaries of long term operation. Information is also provided on the new IAEA software LTOFIN, which was developed to assist in performing long term operation economic assessments within the process described in the publication.

Economic Assessment of the Long Term Operation of Nuclear Power Plants

Economic Assessment of the Long Term Operation of Nuclear Power Plants PDF Author:
Publisher:
ISBN:
Category : Cost effectiveness
Languages : en
Pages : 126

Book Description
"This publication describes the various approaches to the techno-economic assessment of a project for the long term operation of a nuclear power plant in its specific market environment. It examines the process of defining the technical scope required to prolong the operating licences of nuclear power plants and highlights the need for further studies on technical cost drivers and economic assessments in order to better define the cost boundaries of long term operation. Information is also provided on the new IAEA software LTOFIN, which was developed to assist in performing long term operation economic assessments within the process described in the publication."--Publisher's description.

Nuclear Power Plant Life Management and Longer-term Operation

Nuclear Power Plant Life Management and Longer-term Operation PDF Author: OECD Nuclear Energy Agency
Publisher: OECD Publishing
ISBN:
Category : Business & Economics
Languages : en
Pages : 68

Book Description
On cover and title page: Nuclear development

The Technological and Economic Future of Nuclear Power

The Technological and Economic Future of Nuclear Power PDF Author: Reinhard Haas
Publisher: Springer
ISBN: 3658259876
Category : Agriculture (General)
Languages : en
Pages : 385

Book Description
This open access book discusses the eroding economics of nuclear power for electricity generation as well as technical, legal, and political acceptance issues. The use of nuclear power for electricity generation is still a heavily disputed issue. Aside from technical risks, safety issues, and the unsolved problem of nuclear waste disposal, the economic performance is currently a major barrier. In recent years, the costs have skyrocketed especially in the European countries and North America. At the same time, the costs of alternatives such as photovoltaics and wind power have significantly decreased. Contents History and Current Status of the World Nuclear Industry The Dramatic Decrease of the Economics of Nuclear Power Nuclear Policy in the EU The Legacy of Csernobyl and Fukushima Nuclear Waste and Decommissioning of Nuclear Power Plants Alternatives: Heading Towards Sustainable Electricity Systems Target Groups Researchers and students in the fields of political, economic and technical sciences Energy (policy) experts, nuclear energy experts and practitioners, economists, engineers, consultants, civil society organizations The Editors Prof. Dr. Reinhard Haas is University Professor of energy economics at the Institute of Energy Systems and Electric Drives at Technische Universität Wien, Austria. PD Dr. Lutz Mez is Associate Professor at the Department for Political and Social Sciences of Freie Universität Berlin, Germany. PD Dr. Amela Ajanovic is a senior researcher and lecturer at the Institute of Energy Systems and Electrical Drives at Technische Universität Wien, Austria.--

Understanding and Mitigating Ageing in Nuclear Power Plants

Understanding and Mitigating Ageing in Nuclear Power Plants PDF Author: Philip G Tipping
Publisher: Elsevier
ISBN: 1845699955
Category : Technology & Engineering
Languages : en
Pages : 944

Book Description
Plant life management (PLiM) is a methodology focussed on the safety-first management of nuclear power plants over their entire lifetime. It incorporates and builds upon the usual periodic safety reviews and licence renewals as part of an overall framework designed to assist plant operators and regulators in assessing the operating conditions of a nuclear power plant, and establishing the technical and economic requirements for safe, long-term operation. Understanding and mitigating ageing in nuclear power plants critically reviews the fundamental ageing-degradation mechanisms of materials used in nuclear power plant structures, systems and components (SSC), along with their relevant analysis and mitigation paths, as well as reactor-type specific PLiM practices. Obsolescence and other less obvious ageing-related aspects in nuclear power plant operation are also examined in depth. Part one introduces the reader to the role of nuclear power in the global energy mix, and the importance and relevance of plant life management for the safety regulation and economics of nuclear power plants. Key ageing degradation mechanisms and their effects in nuclear power plant systems, structures and components are reviewed in part two, along with routes taken to characterise and analyse the ageing of materials and to mitigate or eliminate ageing degradation effects. Part three reviews analysis, monitoring and modelling techniques applicable to the study of nuclear power plant materials, as well as the application of advanced systems, structures and components in nuclear power plants. Finally, Part IV reviews the particular ageing degradation issues, plant designs, and application of plant life management (PLiM) practices in a range of commercial nuclear reactor types. With its distinguished international team of contributors, Understanding and mitigating ageing in nuclear power plants is a standard reference for all nuclear plant designers, operators, and nuclear safety and materials professionals and researchers. Introduces the reader to the role of nuclear power in the global energy mix Reviews the fundamental ageing-degradation mechanisms of materials used in nuclear power plant structures, systems and components (SSC) Examines topics including elimination of ageing effects, plant design, and the application of plant life management (PLiM) practices in a range of commercial nuclear reactor types

Nuclear Power Plant Life Management and Longer-term Operation

Nuclear Power Plant Life Management and Longer-term Operation PDF Author:
Publisher:
ISBN: 9789264022942
Category : Nuclear power plants
Languages : en
Pages : 0

Book Description
This book, prepared by NEA member country experts, contains data and analyses relevant to nuclear power plant life management and the plants extended, longer-term operation (LTO). It addresses technical, economic and environmental aspects and provides insights into the benefits and challenges of plant life management and LTO.--Publisher's description.

Projected Costs of Generating Electricity

Projected Costs of Generating Electricity PDF Author: OECD Nuclear Energy Agency
Publisher: Organisation for Economic Co-operation and Development
ISBN:
Category : Technology & Engineering
Languages : en
Pages : 252

Book Description
This is the fifth study in a series on the future costs of generating electricity. It reviews cost estimates for power plants using nuclear, coal, gas and renewable energy sources.

The Power of Change

The Power of Change PDF Author: National Academies of Sciences, Engineering, and Medicine
Publisher: National Academies Press
ISBN: 0309371422
Category : Science
Languages : en
Pages : 341

Book Description
Electricity, supplied reliably and affordably, is foundational to the U.S. economy and is utterly indispensable to modern society. However, emissions resulting from many forms of electricity generation create environmental risks that could have significant negative economic, security, and human health consequences. Large-scale installation of cleaner power generation has been generally hampered because greener technologies are more expensive than the technologies that currently produce most of our power. Rather than trade affordability and reliability for low emissions, is there a way to balance all three? The Power of Change: Innovation for Development and Deployment of Increasingly Clean Energy Technologies considers how to speed up innovations that would dramatically improve the performance and lower the cost of currently available technologies while also developing new advanced cleaner energy technologies. According to this report, there is an opportunity for the United States to continue to lead in the pursuit of increasingly clean, more efficient electricity through innovation in advanced technologies. The Power of Change: Innovation for Development and Deployment of Increasingly Clean Energy Technologies makes the case that America's advantagesâ€"world-class universities and national laboratories, a vibrant private sector, and innovative states, cities, and regions that are free to experiment with a variety of public policy approachesâ€"position the United States to create and lead a new clean energy revolution. This study focuses on five paths to accelerate the market adoption of increasing clean energy and efficiency technologies: (1) expanding the portfolio of cleaner energy technology options; (2) leveraging the advantages of energy efficiency; (3) facilitating the development of increasing clean technologies, including renewables, nuclear, and cleaner fossil; (4) improving the existing technologies, systems, and infrastructure; and (5) leveling the playing field for cleaner energy technologies. The Power of Change: Innovation for Development and Deployment of Increasingly Clean Energy Technologies is a call for leadership to transform the United States energy sector in order to both mitigate the risks of greenhouse gas and other pollutants and to spur future economic growth. This study's focus on science, technology, and economic policy makes it a valuable resource to guide support that produces innovation to meet energy challenges now and for the future.

Nuclear Power

Nuclear Power PDF Author: National Research Council
Publisher: National Academies Press
ISBN: 0309043956
Category : Science
Languages : en
Pages : 234

Book Description
The construction of nuclear power plants in the United States is stopping, as regulators, reactor manufacturers, and operators sort out a host of technical and institutional problems. This volume summarizes the status of nuclear power, analyzes the obstacles to resumption of construction of nuclear plants, and describes and evaluates the technological alternatives for safer, more economical reactors. Topics covered include: Institutional issues-including regulatory practices at the federal and state levels, the growing trends toward greater competition in the generation of electricity, and nuclear and nonnuclear generation options. Critical evaluation of advanced reactors-covering attributes such as cost, construction time, safety, development status, and fuel cycles. Finally, three alternative federal research and development programs are presented.