Economic comparison of current electricity generating technologies and advanced nuclear options |
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Authors: | James Richards Piyush Sabharwall Matthew Memmott |
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Affiliation: | 1. University of Idaho, United States;2. Idaho National Laboratory, Rensselaer Polytechnic Institute, United States;3. Brigham Young University, United States |
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Abstract: | This analysis compares the cost of various electric grid scenarios at the national level over a one-year period. Scenarios include high renewable, zero nuclear, zero carbon, and deployment of advanced nuclear. Additionally, several carbon tax scenarios are explored in the model to further assess the cost generation if the current nuclear fleet retired. The cheapest scenarios were those that involved less reliance on conventional nuclear reactors and more molten salt reactors, renewables, or natural gas. |
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Keywords: | Advanced Nuclear Energy Cost LCOE |
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