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Time for Congress to reconsider.Ditto the European Union, which has chipped in a rather miserly 75m ecus ($82m, or 2% of the reactor cost) over five years, spent so far on oil, in return for a seat on the KEDO executive and a crack at future contracts.
Until recently, a new reactor construction project had not been started in the United States for 30 years, and now Vogtle and a similar project in South Carolina, V.C. Summer 2 and 3, are supposed to provide the answer to nuclear power's great questions: What does a new reactor cost?
Seeberger says his first reactor cost about $60,000 to produce, but a new one would cost only $12,000, and the price could come down to $10,000.
For this purpose a multiobjective optimization is implemented to minimize the annualized reactor cost, the operating costs, the production of off-specification polymer and the transition time between steady states.
Research and development activities at present include fundamentals of algae strain improvement, reactor design and process integration, with auxiliary power requirements and specific reactor cost being addressed as most critical issues.
In this sensitivity analysis, the reactor cost was reduced by assuming a 50% reduction in pretreatment reactor cost if stainless steel could be used.
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These will be sited in Georgia, which Bradford notes, is "one of the few states with a law assuring that energy customers will pay all reactor costs regardless of price".
TEPCO says each stalled reactor costs it 100 billion yen ($1.2 billion) in lost profit each year.Furthermore, the nuclear industry now has an independent watchdog, the Nuclear Regulation Authority, which is showing teeth.
The latter reactor costs much less to construct and to operate than the older circulating fluidised bed reactors.
The project would also require facilities for producing the required heavy water for the reactor costing somewhere in the range of £5,000,000 to £10,000,000, and for producing uranium metal £1,500,000.
The MESP increases linearly from $2.01 to $2.12 per gallon of ethanol for corn stover 34M95 if the pretreatment reactor costs increase from $15 MM to $30 MM.
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