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Denver, CO|Sheraton Denver
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Latest News
U.K. vision for fusion
The U.K. government has announced a series of initiatives to progress fusion to commercialization, laid out in a fusion strategy policy paper published March 16. A New Energy Revolution: The UK’s Plan for Delivering Fusion Energy begins to describe how the government’s £2.5 billion (about $3.4 billion) investment in fusion research and development over five years will be allocated.
Vaibhav Yadav Jason K. Hansen, Shawn St. Germain (INL), Robby Christian (RPI)
Proceedings | Nuclear Plant Instrumentation, Control, and Human-Machine Interface Technolgies (NPIC&HMIT 2019) | Orlando, FL, February 9-14, 2019 | Pages 24-38
Economic or financial causes have led to closure or pending early retirement of several US nuclear reactors in the last five years. The published report “Economic and Market Challenges Facing the US Nuclear Commercial Fleet – Cost and Revenue Study” by Idaho National Laboratory (INL) identified 63 of the 79 studied nuclear power plants (NPP) lost money in the year 2016. The revenue-gap analysis (Figure 1) performed in the study also concluded that additional revenue is required to return most of these nuclear power units to profitable operations [1]. This can be achieved by reducing the operation and maintenance (O&M) costs that account for about 70% of the total operating expenditures for an NPP (Figure 2). There are many ways of reducing O&M costs; this work presents an innovative framework of reducing O&M costs by utilizing the onsite FLEX equipment at NPPs.