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Chapter 21 - The Projected Influence of Extended Unit Service

Abstract:
If the operational life of a nuclear power plant can be extended, decommissioning will be delayed. In effect, this is an alternative to decommissioning. Is this a sensible or desirable option? In this chapter, M.E. Lapides evaluates the cost, environmental consequences, and funding impacts of delaying for 20 to 30 years. One of his conclusions is that the impacts of decommissioning on any of these three categories will be insignificant to the decommissioning decision. A contrasting view was offered in Chapter 20.

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Energy Specializations: Nuclear Power – Markets and Prices; Nuclear Power – Policy and Regulation

JEL Codes:
L13 - Oligopoly and Other Imperfect Markets
E60 - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook: General

Keywords: Nuclear plant life extension, Costs, Environmental impact, Licence renewal, Extended service

DOI: 10.5547/ISSN0195-6574-EJ-Vol12-NoSI-21


Published in Volume 12, Special Issue of The Quarterly Journal of the IAEE's Energy Economics Education Foundation.