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Determination of acceptable operating cost level of nuclear energy for Turkey's power system

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  • Yildirim, Mehmet
  • Erkan, Kadir

Abstract

Generally, it is very difficult to assess the true operating cost of an electrical power unit in the countries where there is little or no operational experience. Since Turkey has no experience on operating a nuclear unit, operating costs of a nuclear unit is uncertain for use in generation expansion planning (GEP). Furthermore, there is a disagreement of whether it is cheap or not. In this study, an acceptable level of operating cost of nuclear units is determined for Turkey's power system. It is aimed to find a numerical value for nuclear operating cost at which nuclear is able to compete with other energy sources. Seven types of units are chosen as candidate units to the power system. Mixed-integer programming (MIP) is used as a mathematical model of generation expansion planning. The model consists of the cost function that minimizes the construction and operating costs and the reliability constraints. Adaptive simulated annealing genetic algorithm (ASAGA) is used for optimization algorithm to determine the types, times, and number of candidate units which meet forecasted demand within a pre-specified reliability criterion over the planning horizon from 2006 to 2025. In the case studies, a high level of nuclear energy operating cost is taken and then the cost is gradually lowered. Optimizations are made for each level of nuclear operating costs within four different scenarios and the quantities of nuclear capacity selected by optimizations are recorded. It is determined that, nuclear energy is able to compete with other energy sources when the operating cost is less than 210$/kWhyr or 2.4cent/kWh.

Suggested Citation

  • Yildirim, Mehmet & Erkan, Kadir, 2007. "Determination of acceptable operating cost level of nuclear energy for Turkey's power system," Energy, Elsevier, vol. 32(2), pages 128-136.
    • Handle: RePEc:eee:energy:v:32:y:2007:i:2:p:128-136
    DOI: 10.1016/j.energy.2006.02.010
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    References listed on IDEAS

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    1. Ulutaş, Berna Haktanırlar, 2005. "Determination of the appropriate energy policy for Turkey," Energy, Elsevier, vol. 30(7), pages 1146-1161.
    2. Topcu, Y.I & Ulengin, F, 2004. "Energy for the future: An integrated decision aid for the case of Turkey," Energy, Elsevier, vol. 29(1), pages 137-154.
    3. Güngör, Z. & Bozkurt, G., 1999. "Economical comparison of imported energy sources in terms of long-term production planning," Energy, Elsevier, vol. 24(1), pages 31-42.
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    Cited by:

    1. Kat, Bora, 2023. "Clean energy transition in the Turkish power sector: A techno-economic analysis with a high-resolution power expansion model," Utilities Policy, Elsevier, vol. 82(C).
    2. Selçuklu, Saltuk Buğra & Coit, D.W. & Felder, F.A., 2023. "Electricity generation portfolio planning and policy implications of Turkish power system considering cost, emission, and uncertainty," Energy Policy, Elsevier, vol. 173(C).
    3. Cartelle Barros, Juan José & Lara Coira, Manuel & de la Cruz López, María Pilar & del Caño Gochi, Alfredo, 2015. "Assessing the global sustainability of different electricity generation systems," Energy, Elsevier, vol. 89(C), pages 473-489.
    4. Talinli, Ilhan & Topuz, Emel & Uygar Akbay, Mehmet, 2010. "Comparative analysis for energy production processes (EPPs): Sustainable energy futures for Turkey," Energy Policy, Elsevier, vol. 38(8), pages 4479-4488, August.

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