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60 Years of U: Perspectives on resources, demand, and the evolving role of nuclear energy
Recent years have seen growing global interest in nuclear energy and rising confidence in the sector. For the first time since the early 2000s, there is renewed optimism about the industry’s future. This change is driven by several major factors: geopolitical developments that highlight the need for secure energy supplies, a stronger focus on resilient energy systems, national commitments to decarbonization, and rising demand for clean and reliable electricity.
Ross Hays, Paul Turinsky
Nuclear Technology | Volume 186 | Number 1 | April 2014 | Pages 76-89
Technical Paper | Fuel Cycle and Management | doi.org/10.13182/NT13-68
Articles are hosted by Taylor and Francis Online.
The process of transitioning from the current once-through nuclear fuel cycle to a hypothetical closed fuel cycle necessarily introduces a much greater degree of supply feedback and complexity. When considering such advanced technologies, it is necessary to consider when and how fuel cycle facilities can be deployed in order to avoid resource conflicts while maximizing certain stakeholder values. A multiobjective optimization capability was developed around the VISION nuclear fuel cycle simulation code to allow for the automated determination of optimum deployment scenarios and objective trade-off surfaces for dynamic fuel cycle transition scenarios. A parallel simulated annealing optimization framework with modular objective function definitions is utilized to maximize computational power and flexibility. Three sample objective functions representing a range of economic and sustainability goals are presented, as well as representative optimization results demonstrating both robust convergence toward a set of optimum deployment configurations and a consistent set of trade-off surfaces.