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The mission of the Decommissioning and Environmental Sciences (DES) Division is to promote the development and use of those skills and technologies associated with the use of nuclear energy and the optimal management and stewardship of the environment, sustainable development, decommissioning, remediation, reutilization, and long-term surveillance and maintenance of nuclear-related installations, and sites. The target audience for this effort is the membership of the Division, the Society, and the public at large.
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Fusion Science and Technology
Latest News
Vogtle-3 shuts down for valve issue
One of the new Vogtle units in Georgia was shut down unexpectedly on Monday last week for a valve issue that has since been investigated and repaired. According to multiple local news outlets, Georgia Power reported on July 17 that Unit 3 was back in service.
Southern Company spokesperson Jacob Hawkins confirmed that Vogtle-3 went off line at 9:25 p.m. local time on July 8 “due to lowering water levels in the steam generators caused by a valve issue on one of the three main feedwater pumps.”
K. A. Williams
Fusion Science and Technology | Volume 20 | Number 4 | December 1991 | Pages 529-536
Overview/Energy Policy | doi.org/10.13182/FST91-A11946895
Articles are hosted by Taylor and Francis Online.
Most emerging nuclear energy systems are in the early phases of the research, development, design, and deployment life cycle and/or represent pioneer or first-of-a-kind projects; hence, the uncertainties associated with capital and life cycle costs are often considerable. The type of cost estimate prepared for a given system also depends heavily on the system's development/deployment status, and the cost projections prepared prior to the decision to construct a facility or system often do not incorporate all of the relevant uncertainties.
The purpose of this paper is to survey the types of cost estimates typically prepared for selected nuclear systems at various stages of project development and to describe cost-engineering methodologies which may be used to produce more meaningful and realistic estimates. Examples utilizing nuclear technologies evaluated at Oak Ridge are used to illustrate these methods. Among the techniques considered are probabilistic cost-risk analysis, parametric cost models coupled to system/process performance and design models, and cost growth models based on historical experience with pioneer technologies. In addition to the above survey, the author discusses pitfalls and problems associated with early cost projections. A major premise is the fact that the standard “estimator's contingency” usually does not cover the myriad economic risks inherent to emerging energy-related or nuclear systems.