Microeconomics of improving the safety of nuclear power plants based on using of accident tolerant fuel

DOI: 10.33917/mic-5.100.2021.49-61

An analytical methodology for evaluating the criteria of microeconomic efficiency of investments in nuclear power plants with innovative accident tolerant nuclear fuel resistant is presented. The main directions of current research in the world on the development of various variants of accident tolerant nuclear fuel are shown. To assess the competitiveness of nuclear power plants with accident tolerant fuel, it is proposed to use the coefficients of the influence of tolerant fuel on capital, operating and fuel costs, as well as on the efficiency of using the installed reactor capacity. Analytical formula containing influence coefficients are obtained to evaluate the main criteria for the effectiveness of investments in nuclear power plants with such type of fuel: internal return rate, levelized cost of electricity, discounted payback period and net present value. The results of the analysis of the sensitivity of microeconomic criteria to the proposed influence coefficients are presented. This approach allows us to determine the most important directions for a detailed analysis of the economic effects of the intеgration of accident tolerant fuel into nuclear power.

References:

1. Information Library (June, 2021). World Nuclear Association.URL: https://www.world-nuclear.org/

2. Y. Guoan, Z. Weifang, H. Hui, Z. Hua. The Strategy of Closed Nuclear Fuel Cycle based on Fast Reactor and its Back-End R&D Activities. Management of Spent Fuel from Nuclear Power Reactors: Learning from the past, enabling the future // Proceedings of an International Conference organized by the International Atomic Energy Agency in cooperation with the OECD Nuclear Energy Agency, the European Commission and the World Nuclear Association and held in Vienna, 24–28 June 2019. IAEA, Vienna, 2020. P. 63-72.

3. Energy, Electricity and Nuclear Power Estimates for the Period up to 2050. 2020 Edition. IAEA, Vienna, 2020. 137 p.

4. Ulyanin Yu.A., Kharitonov V.V., Stoyanov A.D. Scenarios for the development of world nuclear energy in conditions of limited fossil resources. Economic Strategies. 2021;(23)3(177):24-31.

5. Orlov V. V., Avrorin E. N., Adamov E. O., etc. Unconventional concepts of nuclear power plants with natural safety (new nuclear technology for large-scale nuclear power of the next stage). Atomic Energy. 1992;(72)4:317-328.

6. The White Book of nuclear energy / Monograph under the general editorship of prof. E. O. Adamov. Moscow: NIKIET, 2001. 270 p.

7. Introduction to the use of the INPRO methodology for the assessment of nuclear power systems. Report within the framework of the International Project on Innovative Nuclear Reactors and Fuel Cycles (INPRO). (Introduction to the Use of the INPRO Methodology in a Nuclear Energy System Assessment). NP-T-1.12. Vienna, IAEA, 2011. 49 p.

8. Adamov E.O., Kaplienko A.V., Orlov V.V., Smirnov V.S., Lopatkin A.V., Lemekhov V.V., Moiseev A.V. Fast reactor with lead coolant BREST: from concept to technology implementation. Atomic Energy/ 2020;(129)4:185-194.

9. Adamov E.O., Tolstoukhov D.A., Panov S.A., Veselov F.V., Khorshev A.A., Solyanik A.I. The role of nuclear power plants in the Russian electric power industry taking into account carbon emission restrictions. Atomic Energy. 2021;(130)3:123-131.

10. Increased Accident Tolerance of Fuels for Light Water Reactors. Workshop Proceedings OECD/NEA Headquarters Issy-les-Moulineaux, France, 10-12 December 2012. NEA-OECD, 2013. 534 p.

11. Development of LWR Fuels with Enhanced Accident Tolerance. Task 4 – Preliminary Business Plan. Westinghouse Electric Company LLC, General Atomics, Southern Nuclear Company. RT‐TR‐13-20, October 2, 2013. 33 p.

12. State-of-the-Art Report on Light Water Reactor Accident-Tolerant Fuels. NEA-OECD, 2018. 372 p.

13. Karpyuk L.A., Kuznetsov V.I., Maslov A.A., Novikov V.V., Orlov V.K., Rykunov D.V., Titov A.O. Accident-resistant fuel with a chrome coating of the fuel element shell. Atomic Energy. 2021;(130)3:142-148.

14. Karpyuk L.A., Savchenko A.M., Leontieva-Smirnova M.V., Kulakov G.V., Konovalov Yu.V. Prospects for the use of steel shells for fuel rods of VVER-type reactors within the framework of the concept of fuel resistant to emergency situations. Atomic Energy. 2020;(128)4:203-208.

15. Karpyuk L.A., Lysikov A.V., Maslov A.A., Mikheev E.N., Novikov V.V., Orlov V.K., Titov A.O. Promising metallic uranium-molybdenum fuel resistant to accidents. Atomic energy. 2021;(130)3:148-152.

16. Karpyuk L.A., Novikov V.V., Kulakov G.V., Konovalov, Y.V., Leont’eva-Smirnova M.V. golubnichy A.A., Ivanov S.I., Makarov F.V., Glebov A.V. 42ХНМ Alloy and silicon carbide as the material of the cladding resistant to accidents. Atomic Energy. 2021;(130)4:211-215.

17. Ingard Shulga. Fuel-generating disassembly // Atomic Expert, May-June 2018, No. 3-4 (64-65). P. 36-49.

18. Irina Dorokhova. The course on tolerance / / Atomic Expert, October 2020, No. 7 (84). P. 12-17.

19. Patrick A. Champlin. Techno-economic Evaluation of Cross-cutting Technologies for Cost Reduction in Nuclear Power Plants. Masters of Science in Nuclear Science and Engineering at the Massachusetts Institute of Technology, June, 2018. 104 p.

20. Nikipelova N. Viewpoint: How ATF could shape the nuclear fuel market. World Nuclear news, 02 June 2021. URL: https://world-nuclear-news.org/Articles/Viewpoint-How-ATF-could-shape-the-nuclear-fuel-mar

21. Kharitonov V.V., Kosolapova N.V., Ulyanin Yu.A. Forecasting the efficiency of investments in multi-unit power plants. Bulletin of the MEPhI Research Institute. 2018;(7)6:545-562.

22. Economic Evaluation of Bids for Nuclear Power Plants. 1999 Edition. Technical Reports Series No. 396, IAEA, Vienna, 2000. 224 p.

23. Kharitonov V.V., Kalin B.A., Silenko A.N., Ulyanin Yu.A. Engineering and economic analysis of the use of tolerant fuel in nuclear power. Abstracts of the XI Conference on Reactor Materials Science. Dimitrovgrad, May 27-31, 2019. P. 84-90.

24. Unlocking Reductions in the Construction Costs of Nuclear: A Practical Guide for Stakeholders. NEA. OECD, 2020. 134 p.

25. Kharitonov V.V. Dynamics of the development of nuclear energy. Economic and analytical models. Moscow: NRU MEPhI, 2014. 328 p.

Следить за новостями ИНЭС: