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Nuclear Energy pp 295-308 | Cite as

Nuclear Power Economics

  • M. R. Deinert
Reference work entry
Part of the Encyclopedia of Sustainability Science and Technology Series book series (ESSTS)

Glossary

c

Onetime costs [$]

C e

Cost of electricity [$]

E p

Electricity production [kW(e)]

FV

Future value in constant dollars [$]

FV’

Future value in nominal dollars [$]

HM

Heavy metal refers to the uranium and or transuranic component of fuel

i

Inflation rate per year

kg

Kilogram

kW

Kilowatt

kWh

Kilowatt hour

kWh(e)

Kilowatt hour electric

mill

$ 0.001

MOX

Mixed oxide fuel

MWh(e)

Megawatt hour electric

n

Number of years

p(t)

Distributed costs [$/year]

Pu

Plutonium

PV

Present value [$]

r

Nominal yearly rate of return in discrete discounting

r(x i,x j)

Correlation coefficient

SD

Standard deviation

SF

Spent fuel (also called used nuclear fuel; SF will be used in this work)

SW

Separative work

t

Time [year]

U

Uranium

UOX

Uranium dioxide fuel

VHLW

Vitrified high-level waste

x i

Denotes a cost component

α

Linear cost escalation rate [$/year2]

β

Linear cost escalation intercept [$/year]

δ

Delta function

ρ

Real discount or interest rate [1/year]

Definition of the Subject

Financial viability is an...

Notes

Acknowledgments

Special thanks to Andrew Osborne, Brady Stoll, and Geoff Recktenwald for editorial comments. Thanks to Eric Bickel and Michael Webber for useful discussions and to Nick Tsoulfanidis for editorial comments and for acting as editor for this series.

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Copyright information

© Springer Science+Business Media, LLC, part of Springer Nature 2018

Authors and Affiliations

  1. 1.Department of Mechanical EngineeringThe Colorado School of MinesGoldenUSA

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