The future development and acceptance of light water reactors in the U.S.

This report summarizes a two-year effort by the M.I.T. Light Water Reactor Study Group to assess the institutional, regulatory, technical, and economic factors influencing the development and deployment of LWR technology. The nuclear industry is confronted by a mix of problems which, if not...

Full description

Bibliographic Details
Main Author: Massachusetts Institute of Technology. Light Water Reactor Study Group
Format: Technical Report
Language:en_US
Published: MIT Energy Laboratory 2006
Subjects:
Online Access:http://hdl.handle.net/1721.1/35218
_version_ 1811098120046510080
author Massachusetts Institute of Technology. Light Water Reactor Study Group
author_facet Massachusetts Institute of Technology. Light Water Reactor Study Group
author_sort Massachusetts Institute of Technology. Light Water Reactor Study Group
collection MIT
description This report summarizes a two-year effort by the M.I.T. Light Water Reactor Study Group to assess the institutional, regulatory, technical, and economic factors influencing the development and deployment of LWR technology. The nuclear industry is confronted by a mix of problems which, if not addressed, may soon eliminate LWRs as a practical source of electric energy. The Study Group found that technical developments could improve nuclear plant capacity factors by 10 percent; furthermore, substantial economic benefits are possible through better use of existing technology, further technological improvements, and various financing schemes. However, the most pronounced problems are institutional and social, not technical and economic. Regulatory and institutional problems in licensing, constructing, and operating nuclear plants have created such uncertainty in the electric utility sector that the economic and environmental advantages of LWRs are seriously jeopardized. Regulatory constraints, unpredictability of government policy, unnecessary construction delays, and the resultant difficulty in obtaining the large-scale financing needed for new plant construction all discourage the electric utility sector from making long-term commitments to nuclear power. In the absence of a concerted government attempt to resolve these and other problems, public mistrust and legal intervention in the nuclear industry grow increasingly serious. Thus, the technical and economic improvements that could benefit the industry will be negated unless the government, the industrial sector, the electric utilities, and the public address the regulatory and institutional problems that are threatening to cripple the industry.
first_indexed 2024-09-23T17:10:14Z
format Technical Report
id mit-1721.1/35218
institution Massachusetts Institute of Technology
language en_US
last_indexed 2024-09-23T17:10:14Z
publishDate 2006
publisher MIT Energy Laboratory
record_format dspace
spelling mit-1721.1/352182019-04-12T11:28:03Z The future development and acceptance of light water reactors in the U.S. Massachusetts Institute of Technology. Light Water Reactor Study Group Nuclear power plants |z United States. This report summarizes a two-year effort by the M.I.T. Light Water Reactor Study Group to assess the institutional, regulatory, technical, and economic factors influencing the development and deployment of LWR technology. The nuclear industry is confronted by a mix of problems which, if not addressed, may soon eliminate LWRs as a practical source of electric energy. The Study Group found that technical developments could improve nuclear plant capacity factors by 10 percent; furthermore, substantial economic benefits are possible through better use of existing technology, further technological improvements, and various financing schemes. However, the most pronounced problems are institutional and social, not technical and economic. Regulatory and institutional problems in licensing, constructing, and operating nuclear plants have created such uncertainty in the electric utility sector that the economic and environmental advantages of LWRs are seriously jeopardized. Regulatory constraints, unpredictability of government policy, unnecessary construction delays, and the resultant difficulty in obtaining the large-scale financing needed for new plant construction all discourage the electric utility sector from making long-term commitments to nuclear power. In the absence of a concerted government attempt to resolve these and other problems, public mistrust and legal intervention in the nuclear industry grow increasingly serious. Thus, the technical and economic improvements that could benefit the industry will be negated unless the government, the industrial sector, the electric utilities, and the public address the regulatory and institutional problems that are threatening to cripple the industry. "This work was prepared as an account of work sponsored by the United States Government." 2006-12-19T16:40:25Z 2006-12-19T16:40:25Z 1978-09 Technical Report 06517695 http://hdl.handle.net/1721.1/35218 en_US MIT-EL 78-035 3597365 bytes application/pdf application/pdf MIT Energy Laboratory
spellingShingle Nuclear power plants |z United States.
Massachusetts Institute of Technology. Light Water Reactor Study Group
The future development and acceptance of light water reactors in the U.S.
title The future development and acceptance of light water reactors in the U.S.
title_full The future development and acceptance of light water reactors in the U.S.
title_fullStr The future development and acceptance of light water reactors in the U.S.
title_full_unstemmed The future development and acceptance of light water reactors in the U.S.
title_short The future development and acceptance of light water reactors in the U.S.
title_sort future development and acceptance of light water reactors in the u s
topic Nuclear power plants |z United States.
url http://hdl.handle.net/1721.1/35218
work_keys_str_mv AT massachusettsinstituteoftechnologylightwaterreactorstudygroup thefuturedevelopmentandacceptanceoflightwaterreactorsintheus
AT massachusettsinstituteoftechnologylightwaterreactorstudygroup futuredevelopmentandacceptanceoflightwaterreactorsintheus