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Nuclear high-radioactive residues: a new economic solution based on the emergence of a global competitive market

Author

Listed:
  • Pedro Cosme da Costa Vieira

    (Faculdade de Economia, Universidade do Porto)

Abstract

Nuclear energy is economic and does not emit CO2 but has two central setbacks. First, it has not been yet implemented an efficient method of disposing the spent fuel. Second, the reactors’ complexity is expensive and turns possible the occurrence of accidents. In this paper, first I propose a very simple, economic and safe boiling heavy-water reactor that may constitute a way of mitigating these setbacks. The reactor is a container filled with a hydraulic suspension of fuel that is crossed-over by two fluxes: by one side, the fuel suspension that remains 250 days in the reactor and, by another side, the cooler that remains 50 seconds in the reactor. Second, I discuss that the solution of nuclear high-radioactive residues problem passes by the emergence of a global competitive market.

Suggested Citation

  • Pedro Cosme da Costa Vieira, 2006. "Nuclear high-radioactive residues: a new economic solution based on the emergence of a global competitive market," FEP Working Papers 223, Universidade do Porto, Faculdade de Economia do Porto.
    • Handle: RePEc:por:fepwps:223
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    File URL: http://www.fep.up.pt/investigacao/workingpapers/06.07.25_WP223_vieira.pdf
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    More about this item

    Keywords

    Nuclear reactor; Heavy water; Boiling water; Continuous fuel feeding; IV generation; Nuclear residues pricing and trading;
    All these keywords.

    JEL classification:

    • D41 - Microeconomics - - Market Structure, Pricing, and Design - - - Perfect Competition
    • D45 - Microeconomics - - Market Structure, Pricing, and Design - - - Rationing; Licensing
    • L72 - Industrial Organization - - Industry Studies: Primary Products and Construction - - - Mining, Extraction, and Refining: Other Nonrenewable Resources
    • Q48 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - Government Policy

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