An Overview of Nuclear Power Economics
2010 (English)Conference paper (Other academic)
The development of nuclear industry is influenced by the following four major factors: plant safety, non-proliferation of nuclear materials, economics and sustainability. Recently, the safety records of nuclear power plants are excellent and it can be believed that this factor will not limit the development in the nuclear field in the future. The same can be said about the non-proliferation, even though care must be taken to limit the number of countries that will try to develop all facilities that are needed for fuel cycle operations. It is believed that the future development of nuclear power will be – to a large extend – governed by over-all economics of this type of electricity generation. This paper gives an overview of the major aspects of an economic analysis of a nuclear power plant. The method of calculation of the levelised cost of electricity is described. Selected data found in literature indicate that nuclear electricity production will be economically favorable when CO2 emission charge is taken into account for the coal and gas electricity production. Additional improvement of nuclear economy will be obtained by the shortening of the construction period, and in general, by reduction of the capital cost during the construction of a plant.
Place, publisher, year, edition, pages
Research subject SRA - Energy
IdentifiersURN: urn:nbn:se:kth:diva-81559OAI: oai:DiVA.org:kth-81559DiVA: diva2:497611
ENERGIA 2010. Tampere, Finland. 26-28 October 2010
QC 201204232012-02-102012-02-102012-04-23Bibliographically approved