• Title/Summary/Keyword: Nuclear Cost

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Techno-economic assessment of a very small modular reactor (vSMR): A case study for the LINE city in Saudi Arabia

  • Salah Ud-Din Khan;Rawaiz Khan
    • Nuclear Engineering and Technology
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    • v.55 no.4
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    • pp.1244-1249
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    • 2023

  • Recently, the Kingdom of Saudi Arabia (KSA) announced the development of first-of-a-kind(FOAK) and most advanced futuristic vertical city and named as 'The LINE'. The project will have zero carbon dioxide emissions and will be powered by clean energy sources. Therefore, a study was designed to understand which clean energy sources might be a better choice. Because of its nearly carbon-free footprint, nuclear energy may be a good choice. Nowadays, the development of very small modular reactors (vSMRs) is gaining attention due to many salient features such as cost efficiency and zero carbon emissions. These reactors are one step down to actual small modular reactors (SMRs) in terms of power and size. SMRs typically have a power range of 20 MWe to 300 MWe, while vSMRs have a power range of 1-20 MWe. Therefore, a study was conducted to discuss different vSMRs in terms of design, technology types, safety features, capabilities, potential, and economics. After conducting the comparative test and analysis, the fuel cycle modeling of optimal and suitable reactor was calculated. Furthermore, the levelized unit cost of electricity for each reactor was compared to determine the most suitable vSMR, which is then compared other generation SMRs to evaluate the cost variations per MWe in terms of size and operation. The main objective of the research was to identify the most cost effective and simple vSMR that can be easily installed and deployed.

  • https://doi.org/10.1016/j.net.2022.12.015 인용 PDF

Cost Comparison of PWR and PHWR Nuclear Power Plants in Korea

  • Kim, Chang-Hyo;Chung, Chang-Hyun;So, Dong-Sub
    • Nuclear Engineering and Technology
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    • v.11 no.4
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    • pp.263-274
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    • 1979

  • A statistical approach is used to investigate the relative economic advantages of pressurized water reactor (PWR) and pressurized heavy water reactor (PHWR-CANDU) nuclear power plants for hypothetical 900Mwe systems with the throwaway fuel cycle to be built in the Republic of Korea. Power cost is decomposed into the cost components related to the plant capital, operation and maintenance, working capital requirements and fuel cycle operation. The calculation of construction cost is performed with the modified version of computer code ORCOST, and the modified POWERCO-50 is used to evaluate the cost components. Most of economic parameters are treated as statistical variables, each being given with a certain range. Through a random sampling procedures. the probability histograms on unit plant construction costs and power generating costs are obtained. The power cost probability histograms of the PWR and the PHWR plants overlap considerably, and the power costs of two systems appear to be almost same with the PHWR power cost being 0.4mil1/kwh lower compared with 39.4 mills/kwh for the PWR plant (July 1986 US-dollars). When a construction period of PHWR plant is longer by one year than that of PWR plant, there is no difference in the unit power cost of two plants. This comparison leads to no definite conclusion on the cost advantage of the PWR plant versus the PHWR plant. We conclude that the selection issue of nuclear power plants in Korea still remains an open question and that future effort to solve this question should be made toward economic quantification of those factors such as technology transfer and localization.

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Design of an Organic Simplified Nuclear Reactor

  • Shirvan, Koroush;Forrest, Eric
    • Nuclear Engineering and Technology
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    • v.48 no.4
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    • pp.893-905
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    • 2016

  • Numerous advanced reactor concepts have been proposed to replace light water reactors ever since their establishment as the dominant technology for nuclear energy production. While most designs seek to improve cost competitiveness and safety, the implausibility of doing so with affordable materials or existing nuclear fuel infrastructure reduces the possibility of near-term deployment, especially in developing countries. The organic nuclear concept, first explored in the 1950s, offers an attractive alternative to advanced reactor designs being considered. The advent of high temperature fluids, along with advances in hydrocracking and reforming technologies driven by the oil and gas industries, make the organic concept even more viable today. We present a simple, cost-effective, and safe small modular nuclear reactor for offshore underwater deployment. The core is moderated by graphite, zirconium hydride, and organic fluid while cooled by the organic fluid. The organic coolant enables operation near atmospheric pressure and use of plain carbon steel for the reactor tank and primary coolant piping system. The core is designed to mitigate the coolant degradation seen in early organic reactors. Overall, the design provides a power density of 40 kW/L, while reducing the reactor hull size by 40% compared with a pressurized water reactor while significantly reducing capital plant costs.

  • https://doi.org/10.1016/j.net.2016.02.019 인용 PDF KSCI

Application of Economic Risk Measures for a Comparative Evaluation of Less and More Mature Nuclear Reactor Technologies

  • Andrianov, A.A.;Andrianova, O.N.;Kuptsov, I.S.;Svetlichny, L.I.;Utianskaya, T.V.
    • Journal of Nuclear Fuel Cycle and Waste Technology(JNFCWT)
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    • v.16 no.4
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    • pp.431-439
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    • 2018

  • Less mature nuclear reactor technologies are characterized by a greater uncertainty due to insufficient detailed design information, operational data, cost information, etc., but the expected performance characteristics of less mature options are usually more attractive in comparison with more mature ones. The greater uncertainty is, the higher economic risks associated with the project realization will be. Within a comparative evaluation of less and more mature nuclear reactor technologies, it is necessary to apply economic risk measures to balance judgments regarding the economic performance of less and more mature options. Assessments of any risk metrics involve calculating different characteristics of probability distributions of associated economic performance indicators and applying the Monte-Carlo method. This paper considers the applicability of statistical risk measures for different economic performance indicators within a trial case study on a comparative evaluation of less and more mature unspecified LWRs. The presented case study demonstrates the main trends associated with the incorporation of economic risk metrics into a comparative evaluation of less and more mature nuclear reactor technologies.

  • https://doi.org/10.7733/jnfcwt.2018.16.4.431 인용 PDF KSCI