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Comparative Economic Analysis of Uranium Oxide and Mixed Oxide fuel for VVER 1200 Nuclear Power Plant |
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PP: 227-232 |
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doi:10.18576/jrna/090304
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Author(s) |
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J. Daniel, S. Ikemba,
S. A. Olubiyi,
K. F. Amuda,
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Abstract |
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| A fundamental problem in most research aimed at assessing the economics of nuclear fuel cycles is to keep scenarios economically similar. A traditional method of doing this for Uranium Oxide (UOX) and Mixed Oxide (MOX) fuels is to evaluate both on the deterministic premise that the fuel will be transferred to geologic disposal once used. For cycles that use MOX fuel, this practice frequently results in greater costs. Geologic disposal is also not the only option for spent fuel from Light Water Reactors (LWRs). A combination of the uranium consumption profile, waste generation profile, nuclear services requirement profile, and a reactor usage profile are all related to each of the cycles. These timely streams of mass and related services comprise all of a cycles cost information. From here, the most thorough way to analyze the various cycles economically is to compare their cost profiles for the same energy generation profile and same reactor type. This journal therefore investigated the cost of VVER fuel cycles in the face of back-end management concerns. In comparison to standard valuations, the framework establishes a major adjustment of the back-end expenses for countries employing MOX fuel option. However, in the reference situation, these reductions do not totally balance the higher recycling costs and cost of power generated from the nuclear power plant. |
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