Economics of Nuclear Reactor

Illinois EnergyProf May 14, 2019
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Illinois EnergyProf

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Professor David Ruzic Abel Bliss Professor of Engineering Department of Nuclear, Plasma, and Radiological Engineering University of Illinois at Urbana-Champaign https://cpmi.illinois.edu

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Video Description

What are the costs to construct, fuel and operate a nuclear power plant compared to a natural gas power plant. Compares capital cost and fuel costs and looks at how the cost over time should be analyzed. This is done in a visual manner. The time to construct the plant is shown to be a critical variable along with interest rates. The years when the investment is paid off, when the costs are equal and the variables which could change in value over time are all discussed. Electric production costs of all different types of fuels are compared.

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