Economic Analysis of Different Nuclear Fuel Cycle Options
An economic analysis has been performed to compare four nuclear fuel cycle options: a once-through cycle (OT), DUPIC recycling, thermal recycling using MOX fuel in a pressurized water reactor (PWR-MOX), and sodium fast reactor recycling employing pyroprocessing (Pyro-SFR). This comparison was made t...
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| Format: | Article |
| Language: | English |
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Wiley
2012-01-01
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| Series: | Science and Technology of Nuclear Installations |
| Online Access: | http://dx.doi.org/10.1155/2012/293467 |
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| _version_ | 1832554252930646016 |
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| author | Won Il Ko Fanxing Gao |
| author_facet | Won Il Ko Fanxing Gao |
| author_sort | Won Il Ko |
| collection | DOAJ |
| description | An economic analysis has been performed to compare four nuclear fuel cycle options: a once-through cycle (OT), DUPIC recycling, thermal recycling using MOX fuel in a pressurized water reactor (PWR-MOX), and sodium fast reactor recycling employing pyroprocessing (Pyro-SFR). This comparison was made to suggest an economic competitive fuel cycle for the Republic of Korea. The fuel cycle cost (FCC) has been calculated based on the equilibrium material flows integrated with the unit cost of the fuel cycle components. The levelized fuel cycle costs (LFCC) have been derived in terms of mills/kWh for a fair comparison among the FCCs, and the results are as follows: OT 7.35 mills/kWh, DUPIC 9.06 mills/kWh, PUREX-MOX 8.94 mills/kWh, and Pyro-SFR 7.70 mills/kWh. Due to unavoidable uncertainties, a cost range has been applied to each unit cost, and an uncertainty study has been performed accordingly. A sensitivity analysis has also been carried out to obtain the break-even uranium price (215$/kgU) for the Pyro-SFR against the OT, which demonstrates that the deployment of the Pyro-SFR may be economical in the foreseeable future. The influence of pyrotechniques on the LFCC has also been studied to determine at which level the potential advantages of Pyro-SFR can be realized. |
| format | Article |
| id | doaj-art-d62db4d9c66c4f1abad853fdeb87d8ff |
| institution | Kabale University |
| issn | 1687-6075 1687-6083 |
| language | English |
| publishDate | 2012-01-01 |
| publisher | Wiley |
| record_format | Article |
| series | Science and Technology of Nuclear Installations |
| spelling | doaj-art-d62db4d9c66c4f1abad853fdeb87d8ff2025-02-03T05:52:05ZengWileyScience and Technology of Nuclear Installations1687-60751687-60832012-01-01201210.1155/2012/293467293467Economic Analysis of Different Nuclear Fuel Cycle OptionsWon Il Ko0Fanxing Gao1Korea Atomic Energy Research Institute, Yuseong, Daejeon 305-353, Republic of KoreaKorea Atomic Energy Research Institute, Yuseong, Daejeon 305-353, Republic of KoreaAn economic analysis has been performed to compare four nuclear fuel cycle options: a once-through cycle (OT), DUPIC recycling, thermal recycling using MOX fuel in a pressurized water reactor (PWR-MOX), and sodium fast reactor recycling employing pyroprocessing (Pyro-SFR). This comparison was made to suggest an economic competitive fuel cycle for the Republic of Korea. The fuel cycle cost (FCC) has been calculated based on the equilibrium material flows integrated with the unit cost of the fuel cycle components. The levelized fuel cycle costs (LFCC) have been derived in terms of mills/kWh for a fair comparison among the FCCs, and the results are as follows: OT 7.35 mills/kWh, DUPIC 9.06 mills/kWh, PUREX-MOX 8.94 mills/kWh, and Pyro-SFR 7.70 mills/kWh. Due to unavoidable uncertainties, a cost range has been applied to each unit cost, and an uncertainty study has been performed accordingly. A sensitivity analysis has also been carried out to obtain the break-even uranium price (215$/kgU) for the Pyro-SFR against the OT, which demonstrates that the deployment of the Pyro-SFR may be economical in the foreseeable future. The influence of pyrotechniques on the LFCC has also been studied to determine at which level the potential advantages of Pyro-SFR can be realized.http://dx.doi.org/10.1155/2012/293467 |
| spellingShingle | Won Il Ko Fanxing Gao Economic Analysis of Different Nuclear Fuel Cycle Options Science and Technology of Nuclear Installations |
| title | Economic Analysis of Different Nuclear Fuel Cycle Options |
| title_full | Economic Analysis of Different Nuclear Fuel Cycle Options |
| title_fullStr | Economic Analysis of Different Nuclear Fuel Cycle Options |
| title_full_unstemmed | Economic Analysis of Different Nuclear Fuel Cycle Options |
| title_short | Economic Analysis of Different Nuclear Fuel Cycle Options |
| title_sort | economic analysis of different nuclear fuel cycle options |
| url | http://dx.doi.org/10.1155/2012/293467 |
| work_keys_str_mv | AT wonilko economicanalysisofdifferentnuclearfuelcycleoptions AT fanxinggao economicanalysisofdifferentnuclearfuelcycleoptions |