nuclear-news

Bulletin of the Atomic Scientists launches Cost Calculator for the nuclear fuel chain

John Mecklin: Introducing the Nuclear Fuel Cycle Cost Calculator  http://thebulletin.org/introducing-nuclear-fuel-cycle-cost-calculator8361

… Over the last two years, the Bulletin of the Atomic Scientists and the University of Chicago have created an online tool that will help countries understand the true cost of choosing the reprocessing route—and perhaps also help limit the spread of nuclear reprocessing.

The Nuclear Fuel Cycle Cost Calculator estimates the full cost of electricity produced by three configurations of the nuclear fuel cycle. This calculator is the first generally accessible model to provide a nuanced look at the economic costs of nuclear power, particularly in regard to the reprocessing of spent nuclear fuel. Among many other things, the calculator clearly demonstrates that in most cases, reprocessing results in electricity that is considerably more expensive than other nuclear power, when all costs are added in.

June 4, 2015 - Posted by Christina Macpherson | 2 WORLD, business and costs