Evaluating nuclear power as the next baseload generation option
- Tennessee Valley Authority (US)
Numerous factors must be taken into account when planning to meet baseload generating needs of the next century. Examining nuclear power as an option to meet these needs offers significant challenges with respect to evaluating and managing the business risks. This paper describes one mechanism to accomplish this while continuing to participate in industry activities targeted at advancing the nuclear option. One possible model of pursuing high-risk, long-term projects, like nuclear power, is to spread these risks among the project participants and for each organization to commit slowly. With this model of progressive engagement, participants may invest in early information gathering with the objective of uncertainty reduction at preliminary stages in the project, before large investments must be made. For nuclear power, a partnership between a utility (or utility group) and a supplier team may well be the best means of implementing such a model. A partnership also provides opportunity to develop the long-term relationships within the industry which are imperative.
- OSTI ID:
- 7295637
- Report Number(s):
- CONF-920432-; CODEN: PAPWA; TRN: 92-027146
- Journal Information:
- Proceedings of the American Power Conference; (United States), Vol. 54:2; Conference: 54. annual American power conference, Chicago, IL (United States), 13-15 Apr 1992; ISSN 0097-2126
- Country of Publication:
- United States
- Language:
- English
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Related Subjects
POLICY AND ECONOMY
ELECTRIC POWER INDUSTRY
LOAD MANAGEMENT
NUCLEAR POWER
ECONOMIC ANALYSIS
EVALUATION
RISK ASSESSMENT
POWER GENERATION
ENERGY SOURCES
ENERGY DEMAND
ENERGY MODELS
INVESTMENT
PLANNING
DEMAND
ECONOMICS
INDUSTRY
MANAGEMENT
POWER
290400* - Energy Planning & Policy- Energy Resources
296000 - Energy Planning & Policy- Electric Power
290600 - Energy Planning & Policy- Nuclear Energy
290100 - Energy Planning & Policy- Energy Analysis & Modeling