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This text deals an easy process for calculating the web current worth of persisted operations at nuclear strength vegetation in accordance with fiscal analyses of american Rowe and Trojan, crops that have been closed within the early Nineteen Nineties. utilizing assumptions made via the plant vendors, the NPV of every used to be unfavorable or approximately so, yet these NPVs rely seriously at the assumed fee of electrical energy and value in line with kilowatt-hour.
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Extra info for Consideration of Early Closure or Continued Operation of a Nuclear Power Plant
The working lifetime of the staff may be well matched to the originally expected operational life of the NPP. In such cases, many staff may expect to spend the remainder of their working life and retire from that specific NPP. An early closure may disrupt this expectation and require staff to find employment of a significantly different nature for several years relatively late in their careers. This may be an issue amenable to the retraining and redeployment of these human resources. Where plant lifetime and workforce age profile had been well matched, a continued operation project may bring a sudden demand for training of additional staff to continue the work into the extended NPP lifetime.
Such changes in costs include the changes in deficit in funding of established decommissioning, waste management and spent fuel management funds due to the reduction in the operating period below that originally intended. There may also be differences in actual decommissioning costs due to the lack of available technology or experience that had been anticipated to be available by the originally intended decommissioning date. However, these costs should not include any deficit in funding that would be attributable to failure to establish or adequately manage such funds or failure to set aside contributions to such funds on an ongoing basis during the plant operational life.
Such provisions would normally include contingencies for anticipatable changes in capacity factor and period of operation. See Part II of this publication for details. However, in the event of an early closure of the NPP the income necessary to repay this debt would not be available. The remaining debt related to the initial construction and subsequent capital improvements to the NPP may thus become stranded and the owner may be unable to 39 repay this stranded debt. Either the owner or other responsible stakeholders would need to make other arrangements to address this stranded debt.