Friends,
FYI.
Regards, Jim Muckerheide
===================
TVA New Reactor Study Released
Date: Tue, 25 Oct 2005 15:33:33 -0700
Tennessee Valley Authority Releases its Cost and Schedule Estimate for a
Twin Unit General Electric Advanced Boiling Water Reactor at its Bellefonte
Site in Alabama
http://www.nuclear.gov/NucPwr2010/NP2010TVABellefonte.html
The U.S. Department of Energy (DOE) has received a final report from the
Tennessee Valley Authority (TVA) on the cost and schedule estimate to build
a twin unit General Electric Advanced Boiling Water Reactor (ABWR) at its
Bellefonte site in Alabama. TVA, along with team members Toshiba, Bechtel,
General Electric, Global Nuclear Fuels-America and the United States
Enrichment Corporation, completed the 13 month study to determine and
present in detail, the engineering, procurement and construction schedule,
(EPC) and economics for building the twin unit ABWR.
The overall conclusion of this cost and schedule study is that two ABWR
nuclear units can be constructed at the Bellefonte site on a 40 month
schedule for each reactor. This time frame is the duration from
installation of the first reactor structural concrete to fuel load. The
engineering, procurement and construction cost for the two units is
$1611/KW for the 1371MWe certified ABWR plant design that incorporates some
technology advancements developed during the Japanese and Lungmen ABWR
construction. A higher power ABWR incorporating other power increase design
features identified in this report would increase the output to 1465MWe
reducing the EPC cost to $1535/KW. These EPC costs would be the basis for a
firm fixed price offering to TVA.
The results of this study provide the nuclear power industry with a very
detailed estimate for construction time and cost, based on 2004 dollars, of
building a new ABWR nuclear plant. This estimate should establish an upper
bound for the cost of a new nuclear power plant since the newer passive
reactor designs are expected to be simplified and more economical to build.
The completion of this report will also assist TVA in determining its path
forward in installing new nuclear capability at the Bellefonte site in Alabama.
This study was funded under an interagency agreement by the Nuclear Power
2010 program (NP 2010) in August 2004. The NP 2010 program is a
Presidential initiative for government/industry cost-shared efforts to
expand the use of nuclear energy in the United States and implemented by
the Department's Office of Nuclear Energy, Science and Technology.
Final Report:
http://np2010.ne.doe.gov/reports/Main%20Report%20All5.pdf