Tuesday 9 August 2011

The effect nuclear fuel has on power generation prices

Here is a comparison of how much cheaper overall energy would be for the people of Malaysia if the nuclear power was used.

The impact of fuel costs on electricity generation costs
 
These show that a doubling of fuel prices would result in the electricity cost for nuclear rising about 9%, for coal rising 31% and for gas 66%. Gas prices have since risen significantly.
The impact of varying the uranium price in isolation is shown below in a worked example of a typical US plant, assuming no alteration in the tails assay at the enrichment plant.
Effect of U Price

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