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Cost analysis of the US spent nuclear fuel reprocessing facility

Author

Listed:
  • Schneider, E.A.
  • Deinert, M.R.
  • Cady, K.B.

Abstract

The US Department of Energy is actively seeking ways in which to delay or obviate the need for additional nuclear waste repositories beyond Yucca Mountain. All of the realistic approaches require the reprocessing of spent nuclear fuel. However, the US currently lacks the infrastructure to do this and the costs of building and operating the required facilities are poorly established. Recent studies have also suggested that there is a financial advantage to delaying the deployment of such facilities. We consider a system of government owned reprocessing plants, each with a 40Â year service life, that would reprocess spent nuclear fuel generated between 2010 and 2100. Using published data for the component costs, and a social discount rate appropriate for intergenerational analyses, we establish the unit cost for reprocessing and show that it increases slightly if deployment of infrastructure is delayed by a decade. The analysis indicates that achieving higher spent fuel discharge burnup is the most important pathway to reducing the overall cost of reprocessing. The analysis also suggests that a nuclear power production fee would be a way for the US government to recover the costs in a manner that is relatively insensitive to discount and nuclear power growth rates.

Suggested Citation

  • Schneider, E.A. & Deinert, M.R. & Cady, K.B., 2009. "Cost analysis of the US spent nuclear fuel reprocessing facility," Energy Economics, Elsevier, vol. 31(5), pages 627-634, September.
  • Handle: RePEc:eee:eneeco:v:31:y:2009:i:5:p:627-634
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    Citations

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    Cited by:

    1. Geoff Recktenwald & Mark Deinert, 2013. "Effect of Burnable Absorbers on Inert Matrix Fuel Performance and Transuranic Burnup in a Low Power Density Light-Water Reactor," Energies, MDPI, vol. 6(4), pages 1-14, April.
    2. Recktenwald, G.D. & Deinert, M.R., 2012. "Cost probability analysis of reprocessing spent nuclear fuel in the US," Energy Economics, Elsevier, vol. 34(6), pages 1873-1881.
    3. B. Yolanda Moratilla Soria & Rosario Ruiz-Sánchez & Mathilde Estadieu & Borja Belda-Sánchez & Cristina Cordón-Peralta & Paula Martín-Cañas & Laura Rodriguez-Penalonga & M. Del Mar Cledera-Castro & M. , 2015. "Impact of the Taxes on Used Nuclear Fuel on the Fuel Cycle Economics in Spain," Energies, MDPI, vol. 8(2), pages 1-14, February.

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