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Breeder reactor economics
1975
Abstract
This paper focuses on the comparative economics of fast breeder reactors versus light water reactors and develops an internally consistent set of financial techniques whereby a utility may determine and compare the costs of generating power with either system. The general methodology is used here to estimate the break-even capital costs for the breeder as a function of future uranium prices but is equally applicable to other reactor types. It is shown that by the time the breeder reactor (breeder) is commercially available, it is likely a utility would select a breeder even though its capital cost might be twice that of a light water reactor (LWR).
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