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A framework for ALWR economics

Conference · · Transactions of the American Nuclear Society; (United States)
OSTI ID:6912244
 [1]
  1. Bechtel Eastern Power Corp., Gaithersburg, MD (United States)
This paper discusses three major factors that determine the relative competitiveness of future advanced light water reactors (ALWRS) in comparison with then-concurrent fossil generation alternatives. These factors include: (a) ALWR capital cost assumptions, (b) fossil fuel prices (particularly natural gas price), and (c) ownership and financing arrangements, i.e., utility or independent power producer (IPP) plant ownership, construction, and operation. By properly selecting the right menu of assumptions, e.g., a low capital cost ALWR IPP versus a high gas price utility owner combined-cycle plant, one can investigate the competitiveness of future ALWRs under various ownership environments and the sensitivity of ALWR economics to different cost assumptions. Using standardized assumptions for fossil plant financing arrangements under different ownerships and plant capital cost and fuel price data, it is possible to create various frameworks into which ALWR cost assumptions could be inserted to investigate relative nuclear/fossil economics.
OSTI ID:
6912244
Report Number(s):
CONF-931160--
Conference Information:
Journal Name: Transactions of the American Nuclear Society; (United States) Journal Volume: 69
Country of Publication:
United States
Language:
English