ANS is committed to advancing, fostering, and promoting the development and application of nuclear sciences and technologies to benefit society.
Explore the many uses for nuclear science and its impact on energy, the environment, healthcare, food, and more.
Division Spotlight
Mathematics & Computation
Division members promote the advancement of mathematical and computational methods for solving problems arising in all disciplines encompassed by the Society. They place particular emphasis on numerical techniques for efficient computer applications to aid in the dissemination, integration, and proper use of computer codes, including preparation of computational benchmark and development of standards for computing practices, and to encourage the development on new computer codes and broaden their use.
Meeting Spotlight
Utility Working Conference and Vendor Technology Expo (UWC 2024)
August 4–7, 2024
Marco Island, FL|JW Marriott Marco Island
Standards Program
The Standards Committee is responsible for the development and maintenance of voluntary consensus standards that address the design, analysis, and operation of components, systems, and facilities related to the application of nuclear science and technology. Find out What’s New, check out the Standards Store, or Get Involved today!
Latest Magazine Issues
Jul 2024
Jan 2024
Latest Journal Issues
Nuclear Science and Engineering
August 2024
Nuclear Technology
Fusion Science and Technology
Latest News
BWXT will scout potential TRISO fuel production sites in Wyoming
BWX Technologies Inc. announced today that its Advanced Technologies subsidiary has signed a cooperation agreement with the state of Wyoming to evaluate locations and requirements for siting a potential new TRISO nuclear fuel fabrication facility in the state.
Stephen A. McGuire, José G. Martín
Nuclear Technology | Volume 18 | Number 3 | June 1973 | Pages 257-266
Technical Paper | Economic | doi.org/10.13182/NT73-A31299
Articles are hosted by Taylor and Francis Online.
In the past, the electric utility companies have been able to ignore inflation rates of ∼1.6%/yr in their planning because technological improvements managed to maintain a gap of ∼1% between the rates of increase of the consumer price index and the cost of electricity. This stability in the price of electricity is not likely to continue; for the years 1968 through 1971 the inflation rate averaged 5.0%/yr, the cost of petroleum rose 3.2%/yr, and the cost of coal increased by 16.0%/yr, causing large increases in utility costs. Drawing from conventional economics and the experience of other countries with a long history of inflation, the present paper shows the effect of expected fuel, operation, and maintenance cost escalation on the price of electricity and on the relative competitiveness of nuclear and fossil-fuel plants. A self-consistent mode of cost computation using a “monetary correction” to account for inflation shows that, in relation to fossil-fuel electric power, nuclear power is ∼15% more economical than most conventional comparisons indicate. The implications are important for the establishment of a national energy policy and have repercussions in other capital-intensive schemes.