Approaches for Assessing the Economic Competitiveness of Small and Medium Sized Reactors


Book Description

This publication assists existing and potential stakeholders in the definition of competitive approaches regarding design and deployment of small and medium sized reactors (SMR). It provides a framework for assessment of the investment attractiveness of nuclear power plant projects that adopts small reactor to be deployed in multi-modules and incorporate modularization construction technology. Main chapters detail past experience and future plans in several IAEA Member States and present the suite of models to assist designers and guide potential users on the economic performance and investment attractiveness of SMRs. A framework for the consolidated application of such models is also suggested. The annexes, contributed by Member States, provide in depth descriptions of different assessment models and give examples of their application.




Assessing National Economic Effects of Nuclear Programmes


Book Description

This publication presents the outcomes of an IAEA coordinated research project on assessing the national economic effects of nuclear programmes in participating Member States. It provides a short description of the extended input-output model for sustainable power generation (EMPOWER), developed by the IAEA, and presents concise summaries of its applications. It further includes the results produced by the contributing research teams and summarizes general insights drawn from the national studies. The publication illustrates the state of the art of assessing macroeconomic impacts of nuclear energy programmes. It is expected to support further applications of advanced models to improve the understanding of macroeconomic and sectoral impacts of building and operating nuclear power plants




Nuclear Power and Sustainable Development


Book Description

Transforming the energy system is at the core of the dedicated sustainable development goal on energy within the new United Nations development agenda. This publication explores the possible contribution of nuclear energy to addressing the issues of sustainable development through a large selection of indicators. It reviews the characteristics of nuclear power in comparison with alternative sources of electricity supply, according to economic, social and environmental pillars of sustainability. The findings summarized in this publication will help the reader to consider, or reconsider, the contribution that can be made by the development and operation of nuclear power plants in contributing to more sustainable energy systems.




Handbook of Small Modular Nuclear Reactors


Book Description

Handbook of Small Modular Nuclear Reactors, Second Edition is a fully updated comprehensive reference on Small Modular Reactors (SMRs), which reflects the latest research and technological advances in the field from the last five years. Editors Daniel T. Ingersoll and Mario D. Carelli, along with their team of expert contributors, combine their wealth of collective experience to update this comprehensive handbook that provides the reader with all required knowledge on SMRs, expanding on the rapidly growing interest and development of SMRs around the globe. This book begins with an introduction to SMRs for power generation, an overview of international developments, and an analysis of Integral Pressurized Water Reactors as a popular class of SMRs. The second part of the book is dedicated to SMR technologies, including physics, components, I&C, human-system interfaces and safety aspects. Part three discusses the implementation of SMRs, covering economic factors, construction methods, hybrid energy systems and licensing considerations. The fourth part of the book provides an in-depth analysis of SMR R&D and deployment of SMRs within eight countries, including the United States, Republic of Korea, Russia, China, Argentina, and Japan. This edition includes brand new content on the United Kingdom and Canada, where interests in SMRs have increased considerably since the first edition was published. The final part of the book adds a new analysis of the global SMR market and concludes with a perspective on SMR benefits to developing economies. This authoritative and practical handbook benefits engineers, designers, operators, and regulators working in nuclear energy, as well as academics and graduate students researching nuclear reactor technologies. - Presents the latest research on SMR technologies and global developments - Includes new case study chapters on the United Kingdom and Canada and a chapter on global SMR markets - Discusses new technologies such as floating SMRs and molten salt SMRs




The Technological and Economic Future of Nuclear Power


Book Description

This open access book discusses the eroding economics of nuclear power for electricity generation as well as technical, legal, and political acceptance issues. The use of nuclear power for electricity generation is still a heavily disputed issue. Aside from technical risks, safety issues, and the unsolved problem of nuclear waste disposal, the economic performance is currently a major barrier. In recent years, the costs have skyrocketed especially in the European countries and North America. At the same time, the costs of alternatives such as photovoltaics and wind power have significantly decreased.




Economic Evaluation of Bids for Nuclear Power Plants


Book Description

Presents information, advice and recommendations on the different principles, methods and guidelines which should be used and applied when conducting an economic evaluation of nuclear power plant bids. Annex I lists an improved IAEA cost account system for nuclear power plants.




Deployment Indicators for Small Modular Reactors


Book Description

This publication provides IAEA Member States with a methodology to evaluate the potential for deployment of small modular reactors (SMRs) in a national energy portfolio. It elaborates the specific attributes of SMRs and evaluates their deployment potential from the viewpoints of energy demand, finance and economics, infrastructure, climate change and energy security in an energy portfolio. Case studies are used to illustrate the types of conditions that are potentially favourable for SMRs and Member States can further adapt the process to country-specific needs.




Nuclear Energy Basic Principles


Book Description

Describes the rationale and vision for the peaceful use of nuclear energy. The publication identifies the basic principles that nuclear energy systems must satisfy to fulfil their promise of meeting growing global energy demands.




Small Modular Reactors


Book Description

Recent interest in small modular reactors (SMRs) is being driven by a desire to reduce the total capital costs associated with nuclear power plants and to provide power to small grid systems. According to estimates available today, if all the competitive advantages of SMRs were realised, including serial production, optimised supply chains and smaller financing costs, SMRs could be expected to have lower absolute and specific (per-kWe) construction costs than large reactors. Although the economic parameters of SMRs are not yet fully determined, a potential market exists for this technology, particularly in energy mixes with large shares of renewables. This report assesses the size of the market for SMRs that are currently being developed and that have the potential to broaden the ways of deploying nuclear power in different parts of the world. The study focuses on light water SMRs that are expected to be constructed in the coming decades and that strongly rely on serial, factory-based production of reactor modules. In a high-case scenario, up to 21 GWe of SMRs could be added globally by 2035, representing approximately 3% of total installed nuclear capacity.