With higher labor costs compared to other generation fuel sources, Nuclear Plants are highly incented to maintain reliability during operating cycles, making the most of every hour generating electricity. Over time, the industry has realized reliability today is driven by investment decisions made years in the past through long range planning. Aging and obsolescence issues may take decades to develop into current threats to reliability. If there were no limitations on funding, human resources, or capacity factors, maintaining reliability would not be such a challenge. However, having limitations in all these areas, licensees are forced to make sound investment decisions many fuel cycles into the future. The importance of these decisions is even more relevant when Subsequent License Renewals are at stake. This session will present approaches to optimize future capital investment including the extended horizons of Subsequent License Renewals. The panel will discuss the challenges of “complete discovery” and the value of portfolio optimization.

Speakers

John Crawford

TVA

Garrett Sizer

CLT

Matt Chouinard

Constellation

Eric Michael

TVA

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Session Notes