Economic Viability of Metallic Sodium-Cooled Fast Reactor Fuel in Korea
This paper evaluates whether SFR metallic nuclear fuel can be economical. To make this determination, the cost of SFCF (SFR fuel cycle facilities) was estimated, and the break-even point of the manufacturing cost of SFR metallic nuclear fuel for direct disposal option was then calculated. As a resul...
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| Format: | Article |
| Language: | English |
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Wiley
2013-01-01
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| Series: | Science and Technology of Nuclear Installations |
| Online Access: | http://dx.doi.org/10.1155/2013/412349 |
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| author | S. K. Kim W. I. Ko Yoon Hee Lee |
| author_facet | S. K. Kim W. I. Ko Yoon Hee Lee |
| author_sort | S. K. Kim |
| collection | DOAJ |
| description | This paper evaluates whether SFR metallic nuclear fuel can be economical. To make this determination, the cost of SFCF (SFR fuel cycle facilities) was estimated, and the break-even point of the manufacturing cost of SFR metallic nuclear fuel for direct disposal option was then calculated. As a result of the cost estimation, the levelized unit cost (LUC) for SFCF was calculated to be 5,311 $/kgHM, and the break-even point was calculated to be $5,267/kgHM. Therefore, the cost difference between LUC and the break-even point is not only small but is also within the relevant range of the uncertainty level of Class 3 in accordance with a generic cost estimate classification matrix of AACE (the Association for the Advancement of Cost Engineering). This means it is very difficult to judge the economical feasibility of SFR metallic nuclear fuel because as of today there are no commercial facilities in Korea or the world. The economic feasibility of SFR metallic nuclear fuel, however, will be enhanced if the mass production of SFCF becomes possible in the future. |
| format | Article |
| id | doaj-art-7fabbeff5eb34935a8c2bc331fe9e9aa |
| institution | Kabale University |
| issn | 1687-6075 1687-6083 |
| language | English |
| publishDate | 2013-01-01 |
| publisher | Wiley |
| record_format | Article |
| series | Science and Technology of Nuclear Installations |
| spelling | doaj-art-7fabbeff5eb34935a8c2bc331fe9e9aa2025-02-03T06:06:15ZengWileyScience and Technology of Nuclear Installations1687-60751687-60832013-01-01201310.1155/2013/412349412349Economic Viability of Metallic Sodium-Cooled Fast Reactor Fuel in KoreaS. K. Kim0W. I. Ko1Yoon Hee Lee2Korea Atomic Energy Research Institute, 1045 Daedeokdaero, Yuseung-Gu, Daejeon 305-353, Republic of KoreaKorea Atomic Energy Research Institute, 1045 Daedeokdaero, Yuseung-Gu, Daejeon 305-353, Republic of KoreaDepartment of Nuclear and Quantum Engineering, Korea Advanced Institute of Science and Technology, 291 Daehakro, Yuseong-Gu, Daejeon 305-353, Republic of KoreaThis paper evaluates whether SFR metallic nuclear fuel can be economical. To make this determination, the cost of SFCF (SFR fuel cycle facilities) was estimated, and the break-even point of the manufacturing cost of SFR metallic nuclear fuel for direct disposal option was then calculated. As a result of the cost estimation, the levelized unit cost (LUC) for SFCF was calculated to be 5,311 $/kgHM, and the break-even point was calculated to be $5,267/kgHM. Therefore, the cost difference between LUC and the break-even point is not only small but is also within the relevant range of the uncertainty level of Class 3 in accordance with a generic cost estimate classification matrix of AACE (the Association for the Advancement of Cost Engineering). This means it is very difficult to judge the economical feasibility of SFR metallic nuclear fuel because as of today there are no commercial facilities in Korea or the world. The economic feasibility of SFR metallic nuclear fuel, however, will be enhanced if the mass production of SFCF becomes possible in the future.http://dx.doi.org/10.1155/2013/412349 |
| spellingShingle | S. K. Kim W. I. Ko Yoon Hee Lee Economic Viability of Metallic Sodium-Cooled Fast Reactor Fuel in Korea Science and Technology of Nuclear Installations |
| title | Economic Viability of Metallic Sodium-Cooled Fast Reactor Fuel in Korea |
| title_full | Economic Viability of Metallic Sodium-Cooled Fast Reactor Fuel in Korea |
| title_fullStr | Economic Viability of Metallic Sodium-Cooled Fast Reactor Fuel in Korea |
| title_full_unstemmed | Economic Viability of Metallic Sodium-Cooled Fast Reactor Fuel in Korea |
| title_short | Economic Viability of Metallic Sodium-Cooled Fast Reactor Fuel in Korea |
| title_sort | economic viability of metallic sodium cooled fast reactor fuel in korea |
| url | http://dx.doi.org/10.1155/2013/412349 |
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