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ORNL-5388 - the Molten Salt Energy Technologies Web Site

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Appendix B. ECONOMIC DATA BASE USED FOR EVALUATIONS OF<br />

NUCLEAR POWER SYSTEMS<br />

M. R. Shay, D. R. Haffner, W. E. Black, T. M. Helm,<br />

W. G. Jolly, R. W. Hardie, and R. P. Omberg<br />

Hanford Engineering Development Laboratory<br />

The economic data base used in .<strong>the</strong> assessment of <strong>the</strong> impact of denatured fuel cycles in<br />

<strong>the</strong> various nuclear systems options described in Chapter 6 was jointly developed by Combustion<br />

Engineering, Oak Ridge National Laboratory, United Engineers and Constructors, Argonne<br />

National Laboratory, Resource Planning Associates, Hanford Engineering Development Laboratory,<br />

DOE Division of Uranium Resources and Enrichment, and DOE Division of Nuclear Research and<br />

Applications. The data base includes capital costs, operation and maintenance costs, fuel<br />

fabrication and reprocessing costs, capacity factors, money costs, and uncertainties.<br />

The deflated and present-valued capital costs for LWRs, SSCRs. HTGRs, CANDUs, and FBRs,<br />

excluding interest during construction, are shown in Table B-1.<br />

including interest during construction are shown in Table B-2.<br />

The same capital costs<br />

In ei<strong>the</strong>r case, <strong>the</strong> stream of<br />

expenses incurred during <strong>the</strong> construction of <strong>the</strong> plant is discounted to <strong>the</strong> date of startup<br />

and is measured in dollars of constant purchasing power. The uncertainty ranges included in<br />

Table 8-2 represent current best estimates of <strong>the</strong> most probable variations in capital costs.<br />

For flexibility, <strong>the</strong> uncertainties are expressed relative to <strong>the</strong> reference LWR capital cost.<br />

Table B-1. Capital Costs of Power Plants<br />

Excluding Interest During Construction<br />

The operation and maintenance costs<br />

for <strong>the</strong> same power plants are shown in<br />

Power Plant Type Costs ($/kWe)* Table 6-3. The higher costs for <strong>the</strong> SSCR<br />

and <strong>the</strong> CANDU over <strong>the</strong> standard LWR are due<br />

LWR 500 to <strong>the</strong> heavy water replacement requirement<br />

SSCR 520 + 39 (for D20) = 558<br />

and <strong>the</strong> necessity for performing some<br />

HWR<br />

HTGR<br />

605 t 156 (for D20) = 761<br />

560 to 580<br />

maintenance in atmospheres containing<br />

tritium. Additional minor reactor costs<br />

FBR 625 to 875 are given in Table 8-4.<br />

* Based on 7/1/76 dollars.<br />

Table B-2. Captial Costs of Power Plants Including Interest During Construction<br />

Power Plant<br />

TY Pe<br />

cost<br />

($/kWe)*<br />

Cost Re1 ative<br />

to LWR Cost<br />

cost<br />

Uncertainty<br />

LWR 625 95% to 105% reference cost<br />

SSCR 650 + 40 (heavy water) = 690 +lo% 105% to 120% of LWR cost<br />

HWR 755 + 160 (heavy water) = 915 +46% 120% to 150% of LWR cost<br />

HTGR 71 5 +14% 105% to 125% of LWR cost<br />

FBR 800 +28% 125% to 175% of LWR cost<br />

*Based on 1/1/77 dollars.

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