• Title/Summary/Keyword: Economics of nuclear fuel cycles

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Evaluation of the Middle Part of the Nuclear Fuel Cycle

  • Kovac, Michal
    • Nuclear Engineering and Technology
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    • v.48 no.1
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    • pp.169-174
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    • 2016
  • This article describes a comprehensive methodology for the evaluation of the middle part of nuclear fuel cycles. Evaluation of fuel cycles is basically divided into two parts. The first comprises nuclear calculation, i.e., creation of the strategy for nuclear fuel reloading and core design calculations. The second part is the business-economic evaluation of the selected reloading strategy, which can be done either by financial analysis or economic analysis. The financial analysis incorporates the perspectives of a company while the economic analysis can be used primarily by national economists or politicians. This methodology was applied to a case study that is focused on impacts of switching from a 12-month to an 18-month fuel cycle strategy for Water-Water Energetic Reactor (VVER)-1000 reactors.

Examination of Proliferation Resistance Assessment for Nuclear Fuel Cycles

  • Lee, Yoon-Hee;Lee, Kun-Jai
    • Proceedings of the Korean Radioactive Waste Society Conference
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    • 2009.06a
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    • pp.73-73
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    • 2009
  • There are many factors to evaluate nuclear fuel cycle such as safety, public acceptance, economics, etc.. Transparency, proliferation, environment issues, public acceptance and safety are essential to expansion of nuclear industry and proliferation resistance is one of key constraints in the deployment of advanced nuclear energy systems. Proliferation resistance is being considered as one of the most important factors in assessing advanced and innovative nuclear systems. IAEA defmes proliferation resistance as characteristics of nuclear energy system that impedes the diversion or undeclared production of nuclear material [1]. Barriers to proliferation is consist of intrinsic and extrinsic barriers(institutional measures). Intrinsic barriers are characterized in material barriers and technical barriers in general. Material barriers is intrinsic, or inherent, qualities of materials that reduce the inherent desirability or attractiveness of the material as an explosive. Isotopic, chemical, radiological, mass and bulk, detectability barriers are considered as material barriers attributes [2]. Proliferation resistance is examined for several nuclear fuel cycles based on previous study which is focused on the intrinsic barriers [3-4]. Pyroprocessing and DUPIC are considered as reprocessing technologies in Korea and the PWR direct disposal is considered. Comparative assessments of the proliferation attributes and merits of different fuel cycle systems will be performed and the optimal back-end fuel cycle and strategy will be proposed.

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CORE DESIGN FOR HETEROGENEOUS THORIUM FUEL ASSEMBLIES FOR PWR(1)-NUCLEAR DESIGN AND FUEL CYCLE ECONOMY

  • BAE KANG-MOK;KIM MYUNG-HYUN
    • Nuclear Engineering and Technology
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    • v.37 no.1
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    • pp.91-100
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    • 2005
  • Kyung-hee Thorium Fuel (KTF), a heterogeneous thorium-based seed and blanket design concept for pressurized light water reactors, is being studied as an alternative to enhance proliferation resistance and fuel cycle economics of PWRs. The proliferation resistance characteristics of the KTF assembly design were evaluated through parametric studies using neutronic performance indices such as Bare Critical Mass (BCM), Spontaneous Neutron Source rate (SNS), Thermal Generation rate (TG), and Radio-Toxicity. Also, Fissile Economic Index (FEI), a new index for gauging fuel cycle economy, was suggested and applied to optimize the KTF design. A core loaded with optimized KTF assemblies with a seed-to-blanket ratio of 1: 1 was tested at the Korea Next Generation Reactor (KNGR), ARP-1400. Core design characteristics for cycle length, power distribution, and power peaking were evaluated by HELIOS and MASTER code systems for nine reload cycles. The core calculation results show that the KTF assembly design has nearly the same neutronic performance as those of a conventional $UO_2$ fuel assembly. However, the power peaking factor is relatively higher than that of conventional PWRs as the maximum Fq is 2.69 at the M$9^{th}$ equilibrium cycle while the design limit is 2.58. In order to assess the economic potential of a heterogeneous thorium fuel core, the front-end fuel cycle costs as well as the spent fuel disposal costs were compared with those of a reference PWR fueled with $UO_2$. In the case of comprising back-end fuel cycle cost, the fuel cycle cost of APR-1400 with a KTF assembly is 4.99 mills/KWe-yr, which is lower than that (5.23 mills/KWe-yr) of a conventional PWR. Proliferation resistance potential, BCM, SNS, and TG of a heterogeneous thorium-fueled core are much higher than those of the $UO_2$ core. The once-through fuel cycle application of heterogeneous thorium fuel assemblies demonstrated good competitiveness relative to $UO_2$ in terms of economics.

Review on Studies for External Cost of Nuclear Power Generation (원자력발전 외부비용 연구들에 대한 검토)

  • Park, Byung Heung;Ko, Won Il
    • Journal of Nuclear Fuel Cycle and Waste Technology(JNFCWT)
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    • v.13 no.4
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    • pp.271-282
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    • 2015
  • External cost is cost imposed on a third party when producing or consuming a good or service. Since the 1990s, the external costs of nuclear powered electricity production have been studied. Costs are a very important factor in policy decision and the external cost is considered for cost comparison on electricity production. As for nuclear fuel cycle, a chosen technology will determine the external cost. However, there has been little research on this issue. For this study, methods for external cost on nuclear power production have been surveyed and analyzed to develop an approach for evaluating external cost on nuclear fuel cycles. Before the Fukushima accident, external cost research had focused on damage costs during normal operation of a fuel cycle. However, accident cost becomes a major concern after the accident. Various considerations for external cost including accident cost have been used to different studies, and different methods have been applied corresponding to the considerations. In this study, the results of the evaluation were compared and analyzed to identify methodological applicability to the external cost estimation with nuclear fuel cycles.

EVALUATION OF PROLIFERATION RESISTANCE USING THE INPRO METHODOLOGY

  • Yang, Myung-Seung;Park, Joo-Hwan;Ko, Won-Il;Song, Kee-Chan;Choi, Kun-Mo;Kim, Jin-Kyoung
    • Nuclear Engineering and Technology
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    • v.39 no.2
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    • pp.149-160
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    • 2007
  • The IAEA launched the International Project on Innovative Nuclear Reactors and Fuel Cycles (INPRO) and developed the INPRO Methodology to provide guidelines and to assess the characteristics of a future innovative nuclear energy system in areas such as safety, economics, waste management, and proliferation resistance. The proliferation resistance area of the INPRO Methodology is reviewed here, and modifications for further improvements are proposed. The evaluation metrics including the evaluation parameters, evaluation scales and acceptance limits are developed for a practical application of the methodology to assess the proliferation resistance. The proliferation resistant characteristics of the DUPIC fuel cycle are assessed by applying the modified INPRO Methodology based on the developed evaluation metrics and acceptance criteria. The evaluation procedure and the metrics can be utilized as a reference for an evaluation of the proliferation resistance of a future innovative nuclear energy system.

Electrochemical Reduction Process for Pyroprocessing (파이로프로세싱을 위한 전해환원 공정기술 개발)

  • Choi, Eun-Young;Hong, Sun-Seok;Park, Wooshin;Im, Hun Suk;Oh, Seung-Chul;Won, Chan Yeon;Cha, Ju-Sun;Hur, Jin-Mok
    • Korean Chemical Engineering Research
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    • v.52 no.3
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    • pp.279-288
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    • 2014
  • Nuclear energy is expected to meet the growing energy demand while avoiding CO2 emission. However, the problem of accumulating spent fuel from current nuclear power plants which is mainly composed of uranium oxides should be addressed. One of the most practical solutions is to reduce the spent oxide fuel and recycle it. Next-generation fuel cycles demand innovative features such as a reduction of the environmental load, improved safety, efficient recycling of resources, and feasible economics. Pyroprocessing based on molten salt electrolysis is one of the key technologies for reducing the amount of spent nuclear fuel and destroying toxic waste products, such as the long-life fission products. The oxide reduction process based on the electrochemical reduction in a LiCl-$Li_2O$ electrolyte has been developed for the volume reduction of PWR (Pressurized Water Reactor) spent fuels and for providing metal feeds for the electrorefining process. To speed up the electrochemical reduction process, the influences of the feed form for the cathode and the type of anode shroud on the reduction rate were investigated.