4.7 Article

A reactor-level analysis of busbar costs for US nuclear plants, 1970-2005

Journal

ENERGY POLICY
Volume 35, Issue 11, Pages 5630-5642

Publisher

ELSEVIER SCI LTD
DOI: 10.1016/j.enpol.2007.06.005

Keywords

nuclear power; busbar costs; learning curves

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We present a reactor-by-reactor analysis of historical busbar costs for 99 nuclear reactors in the United States, and compare those costs with recent projections for next-generation US reactors. We argue that cost projections far different from median historical costs require more justification than estimates that lie close to those medians. Our analysis suggests that some recent projections of capital costs, construction duration, and total operations and maintenance costs are quite low-far enough from the historical medians that additional scrutiny may be required to justify using such estimates in current policy discussions and planning. (C) 2007 Elsevier Ltd. All rights reserved.

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