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Power Generation 3
Power Generation 3
Generation
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Pros
Nuclear fuel inexpensive, more abundant than fossil
fuels, easy to transport.
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Economics of a Nuclear Power
Nuclear power is cost competitive with other
forms of electricity generation, except in regions
where there is direct access to low cost fossil
fuels.
The decreasing cost of fossil fuels in the past
decade has eroded nuclear power previous cost
advantage in many countries.
Fuel cost for nuclear plants are a minor
proportion of total generating costs and often
about one third those for coal fired plants.
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Economics of a Nuclear Power (Cont…)
In assessing the cost competitiveness of nuclear
energy, decommissioning and waste disposal
costs are taken into account.
The relative cost of generating electricity from
coal, gas and nuclear plants vary considerably
depending on location.
Coal is and will probably remain
economically attractive in countries such as India,
China, USA & Australia with abundant and
accessible domestic coal resources.
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Economics of a Nuclear Power (Cont…)
Gas is also competitive in many places
particularly with combined cycle plants.
Nuclear Energy is, in many places
competitive with fossil fuels for electricity
generation,
Despite relatively high capital cost and
need to internalize all waste disposal and
decommissioning costs.
If the social, health and environmental cost of
fossil fuels are also taken into account, nuclear is
outstanding.
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Economics of a Nuclear Power (Cont…)
Type Cents/KWh Remarks
Nuclear 0.4
Coal 4.1-7.3
Gas 1.3-2.3
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Selection of Site for Nuclear Power Plants
Availability of Water:
• NPP requires ample amount of water for cooling
and steam generation.
Disposal of Waste:
• Extra care is needed to dispose dangerous
waste/residue of nuclear substance.
• The storage of waste which is to be disposed
deep under the ground in sea so that radioactive
effect is eliminated.
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Selection of Site for Nuclear Power
Plants(Cont…)
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Selection of Site for Nuclear Power Plants
(Cont….)
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Selection of Site for Nuclear Power Plants
(Cont….)
Other Factors:
• Accessibility to the road and rail are general
consideration of almost all power plants
because
o Heavy equipments are to be transported to
the sites during construction
o Fuels are also required to transport from
mines during the operation.
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