Consideration of Early Closure or Continued Operation of a Nuclear Power Plant
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Consideration of Early Closure or Continued Operation of a Nuclear Power Plant
This article offers a simple method for calculating the net present value of continued operations at nuclear power plants based on economic analyses of Yankee Rowe and Trojan, plants that were closed in the early 1990s. Using assumptions made by the plant owners, the NPV of each was negative or nearly so, but those NPVs depend heavily on the assumed price of electricity and cost per kilowatt-hour.
