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Title: PACTOLUS: A CODE FOR COMPUTING NUCLEAR POWER COSTS.

Authors:
; ;
Publication Date:
Research Org.:
Battelle-Northwest, Richland, Wash. Pacific Northwest Lab.
Sponsoring Org.:
USDOE
OSTI Identifier:
4184977
Report Number(s):
BNWL-1169
NSA Number:
NSA-24-018471
DOE Contract Number:
AT(45-1)-1830
Resource Type:
Technical Report
Resource Relation:
Other Information: UNCL. Orig. Receipt Date: 31-DEC-70
Country of Publication:
United States
Language:
English
Subject:
N38870* -Commercial Power Reactors-Operation & Economics; COST; ECONOMICS; ELECTRICITY; POWER PLANTS; POWER REACTORS; PRODUCTION; PROGRAMMING; NUCLEAR POWER PLANTS/electricity production from, PACTOLUS code using discounted cash flow method for computing costs of; REACTORS, POWER/electricity production from, PACTOLUS code using discounted cash flow method for computing costs of; COMPUTER PROGRAMS/PACTOLUS, for computing nuclear power costs using discounted cash flow method

Citation Formats

Bloomster, C.H., Nail, J.H., and Haffner, D.R. PACTOLUS: A CODE FOR COMPUTING NUCLEAR POWER COSTS.. United States: N. p., 1970. Web. doi:10.2172/4184977.
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Bloomster, C.H., Nail, J.H., & Haffner, D.R. PACTOLUS: A CODE FOR COMPUTING NUCLEAR POWER COSTS.. United States. doi:10.2172/4184977.
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Bloomster, C.H., Nail, J.H., and Haffner, D.R. Thu . "PACTOLUS: A CODE FOR COMPUTING NUCLEAR POWER COSTS.". United States. doi:10.2172/4184977. https://www.osti.gov/servlets/purl/4184977.
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@article{osti_4184977,
title = {PACTOLUS: A CODE FOR COMPUTING NUCLEAR POWER COSTS.},
author = {Bloomster, C.H. and Nail, J.H. and Haffner, D.R.},
abstractNote = {},
doi = {10.2172/4184977},
journal = {},
number = ,
volume = ,
place = {United States},
year = {Thu Jan 01 00:00:00 EST 1970},
month = {Thu Jan 01 00:00:00 EST 1970}
}
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Technical Report:
View Technical Report (1.99 MB)
DOI:  10.2172/4184977
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  • ;
    PACTOLUS is a computer code for calculating the cost of generating electricity. Through appropriate definition of the input data, PACTOLUS can calculate the cost of generating electricity from a wide variety of power plants, including nuclear, fossil, geothermal, solar, and other types of advanced energy systems. The purpose of PACTOLUS is to develop cash flows and calculate the unit busbar power cost (mills/kWh) over the entire life of a power plant. The cash flow information is calculated by two principal models: the Fuel Model and the Discounted Cash Flow Model. The Fuel Model is an engineering cost model which calculatesmore » the cash flow for the fuel cycle costs over the project lifetime based on input data defining the fuel material requirements, the unit costs of fuel materials and processes, the process lead and lag times, and the schedule of the capacity factor for the plant. For nuclear plants, the Fuel Model calculates the cash flow for the entire nuclear fuel cycle. For fossil plants, the Fuel Model calculates the cash flow for the fossil fuel purchases. The Discounted Cash Flow Model combines the fuel costs generated by the Fuel Model with input data on the capital costs, capital structure, licensing time, construction time, rates of return on capital, tax rates, operating costs, and depreciation method of the plant to calculate the cash flow for the entire lifetime of the project. The financial and tax structure for both investor-owned utilities and municipal utilities can be simulated through varying the rates of return on equity and debt, the debt-equity ratios, and tax rates. The Discounted Cash Flow Model uses the principal that the present worth of the revenues will be equal to the present worth of the expenses including the return on investment over the economic life of the project. This manual explains how to prepare the input data, execute cases, and interpret the output results. (RWR)« less

  • PACTOLUS is a code for computing nuclear power costs using the discounted cash flow method. The cash flows are generated from input unit costs, time schedules and burnup data. CLOTHO calculates and communicates to PACTOLUS mass flow data to match a specified load factor history.UNIVAC1108; FORTRAN V; CSCX; 65K memory with drum storage of input data to speed up processing.

  • POPCYCLE, a computer code designed to calculate levelized life-cycle power costs for nuclear and fossil electrical generating plants is described. Included are (1) derivations of the equations and a discussion of the methodology used by POPCYCLE, (2) a description of the input required by the code, (3) a listing of the input for a sample case, and (4) the output for a sample case.

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