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Devoted to all aspects of the nuclear fuel cycle including waste management, worldwide. Division specific areas of interest and involvement include uranium conversion and enrichment; fuel fabrication, management (in-core and ex-core) and recycle; transportation; safeguards; high-level, low-level and mixed waste management and disposal; public policy and program management; decontamination and decommissioning environmental restoration; and excess weapons materials disposition.
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Las Vegas, NV|Mandalay Bay Resort and Casino
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Latest News
Strontium: Supply-and-demand success for the DOE’s Isotope Program
The Department of Energy’s Isotope Program (DOE IP) announced last week that it would end its “active standby” capability for strontium-82 production about two decades after beginning production of the isotope for cardiac diagnostic imaging. The DOE IP is celebrating commercialization of the Sr-82 supply chain as “a success story for both industry and the DOE IP.” Now that the Sr-82 market is commercially viable, the DOE IP and its National Isotope Development Center can “reassign those dedicated radioisotope production capacities to other mission needs”—including Sr-89.
U. B. Phathanapirom, E. A. Schneider
Nuclear Science and Engineering | Volume 182 | Number 4 | April 2016 | Pages 502-522
Technical Paper | doi.org/10.13182/NSE15-25
Articles are hosted by Taylor and Francis Online.
This paper introduces a new methodology for explicitly incorporating uncertainties in key parameters into decision making regarding the transition between various nuclear fuel cycles. These key uncertainties—in demand growth rates, technology availability, and technology costs, among others—are unlikely to be resolved for several decades and invalidate the concept of planning for a unique optimal transition strategy. Past time-dependent analyses of the nuclear fuel cycle have confronted uncertainties by using a scenario-based approach where key variables are parametrically varied, which gives rise to inflexible courses of action associated with optima for each scenario. Instead, this work selects hedging strategies through a decision making under uncertainty framework. These strategies are found by applying a choice criterion to select courses of action that mitigate regrets. These regrets are calculated by evaluating the performance of all possible transition strategies for every feasible outcome of the uncertain parameter(s). The methodology is applied to a case study involving transition from the current once-through light water reactor fuel cycle to one relying on continuous recycle in fast reactors, and the effect of choice criterion is explored. Hedging strategies are found that preserve significant flexibility to allow alteration of the fuel cycle strategy once these uncertainties are resolved. This work may provide guidance for agent-based, behavioral modeling in fuel cycle simulators as well as decision making in real-world applications.