• Title/Summary/Keyword: Nuclear Energy

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A Study on Recalculating Nuclear Energy Generation Cost Considering Several External Costs

  • Kim, Hyun-Jung;Yee, Eric
    • Journal of Power System Engineering
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    • v.22 no.6
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    • pp.5-10
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    • 2018
  • Nuclear energy issues such as safety and social acceptance can not only influence the production costs of generating nuclear power, but also the external costs that are not reflected in market prices. Consequently, the social issues affiliated with nuclear power, beyond a severe accident, require some form of financial expense. The external social issues considered here are accident risk and realization, regulatory costs, and nuclear energy policy costs. Through several calculations and analyses of these external costs for nuclear power generation, it is concluded that these costs range from 7 to 27 \/kWh. Considering external costs are required for making energy plans, it could have an influence on generation costs.