Methodologies of Cost Assessment for Radioactive Waste and Spent Fuel Management


Book Description

Radioactive waste is mainly a result of the production of electricity in nuclear power plants or the use of radioactive materials for medical, research, industrial and agricultural purposes. Due to the radiological properties of radioactive waste and the potential hazard it poses, it is important to ensure safe management of radioactive waste. EU Council Directive 2011/70/Euratom establishes a Community framework for the responsible and safe management of spent fuel and radioactive waste to avoid imposing undue burdens on future generations. This Directive requires among other things that Member States: - have a national policy; - draw up and implement National Programmes for the management, including the disposal, of all spent nuclear fuel and radioactive waste generated on their territory; - provide cost assessments for spent fuel and radioactive waste management in their National Programmes, including assumptions used and profile over time; - have in place financing mechanisms to ensure that adequate funds are available. This study assesses the methodologies in use for cost assessment, the financing schemes in place and the relationship between them. It is based on the data available and the results of surveying Member States. It identifies common trends, good practices and challenges for all Member States. It then defines possible tools that can contribute to building common ground among Member States in the analysis of the cost assessment in the field of radioactive waste and spent fuel management. This includes a comprehensive structure of activities and cost items, and relevant Cost Assessment Indicators (CAIs).




Nuclear Waste Fund Fee Adequacy


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Costing Methods and Funding Schemes for Radioactive Waste Disposal Programmes


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Reliable methods for estimating the cost of a radioactive waste disposal programme are crucial to ensure that the necessary funding for completing the disposal programme is available. Estimating the cost for disposal is, however, a challenging and complex task. Disposal programmes themselves are complex and long term undertakings, and conditions can be expected to change significantly over the time span during which a disposal programme is developed and implemented. This publication provides Member States with information on developing cost estimates for a disposal programme and establishing funding mechanisms. It will help readers in becoming informed clients by familiarizing themselves with the approaches and complexities in cost estimates and funding mechanisms for disposal. The publication is applicable to all waste categories and both near surface and geological disposal. It contains relevant examples and case studies from national programmes. The cost figures are intended to give an indication of the possible cost of certain parts or aspects of the disposal programme rather than to compare different disposal programmesÂ’ costs.




Cost Analysis Methodology of Spent Fuel Storage


Book Description

This report provides a methodology for calculating the costs of different options for interim storage of spent fuel produced in reactor cores. It considers different technical features and storage options and defines the factors affecting all options. The report further analyses the major cost categories, calculates the net present value of each option and determines the levelized cost. It also includes a sensitivity analysis, taking into account the uncertainty of the different cost estimates.







Strategy and Methodology for Radioactive Waste Characterization


Book Description

Over the past decade significant progress has been achieved in the development of waste characterization and control procedures and equipment as a direct response to ever-increasing requirements for quality and reliability of information on waste characteristics. Failure in control procedures at any step can have important, adverse consequences and may result in producing waste packages which are not compliant with the waste acceptance criteria for disposal, thereby adversely impacting the repository. The information and guidance included in this publication corresponds to recent achievements and reflects the optimum approaches, thereby reducing the potential for error and enhancing the quality of the end product. -- Publisher's description.




Disposal of Radioactive Waste


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Economic Impacts of 40 CFR 191


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