02.01.2014 Views

fixed unit price simulation for disposal of spent fuel ... - Greenpeace UK

fixed unit price simulation for disposal of spent fuel ... - Greenpeace UK

fixed unit price simulation for disposal of spent fuel ... - Greenpeace UK

SHOW MORE
SHOW LESS

You also want an ePaper? Increase the reach of your titles

YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.

Research Report<br />

Model Parameter Initial Value Technical Comment<br />

Spent Fuel Proportion <strong>of</strong><br />

Repository Cost<br />

Engineering Scaling Factor<br />

<strong>for</strong> Bigger Repository<br />

50% FUPSIM's calculation algorithms separate the lifecycle<br />

cost <strong>of</strong> <strong>spent</strong> <strong>fuel</strong> <strong>disposal</strong> and ILW <strong>disposal</strong>, in order to<br />

calculate just the extra (marginal) cost <strong>of</strong> adding more<br />

<strong>spent</strong> <strong>fuel</strong>. Nirex Technical Note 484432 provided to<br />

CoRWM in September 2005 calculated £5,035m <strong>for</strong> a<br />

dedicated SF/HLW repository and £10,100m <strong>for</strong> shared<br />

co-located SF/HLW/ILW repository. This implies that<br />

the SF/HLW proportion <strong>of</strong> the total cost <strong>of</strong> an NDA<br />

shared repository is approximately 50%. (Put another<br />

way, a dedicated commercial repository <strong>for</strong> new nuclear<br />

build <strong>spent</strong> <strong>fuel</strong> could be built at about half the cost <strong>of</strong> a<br />

shared public-private NDA repository). FUPSIM allows<br />

the <strong>spent</strong> <strong>fuel</strong> proportion <strong>of</strong> the repository lifecycle cost<br />

to be varied from zero up to 100%.<br />

0.6 FUPSIM estimates the approximate cost <strong>of</strong> a larger repository<br />

to dispose <strong>of</strong> extra <strong>spent</strong> <strong>fuel</strong> using an algorithm<br />

based on a power law equation with an engineering scaling<br />

factor. The method is based on the six-tenths rule <strong>of</strong><br />

cost estimation and was used by Ontario Power Generation<br />

(OPG) to estimate geological repository <strong>disposal</strong><br />

costs <strong>for</strong> NWMO in Canada. The FUPSIM scaling factor<br />

exponent is initially 0.6, well known as the six-tenthsrule<br />

in process engineering. The scaling factor is usually<br />

in the range from 0.3 to 1.0, but experience in the process<br />

industry shows the average is close to 0.6 <strong>for</strong> most<br />

situations. The margin <strong>of</strong> error <strong>of</strong> the cost estimate using<br />

this method is typically plus or minus 20%. The method<br />

is ideally suited to calculating small marginal size increases,<br />

provided that scaling is not extrapolated too far<br />

beyond the reference Base Case (the NDA historic <strong>spent</strong><br />

<strong>fuel</strong> Base Case is currently 8,200 tU). FUPSIM allows<br />

engineering scale factors up to 3.0.<br />

Jackson Consulting 23

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!