Analytical Technology of the “Economic Cross” — a Toolkit for Modeling the Effectiveness of the Nuclear Fuel Cycle Closure

Abstract

Changes in the economic development priorities during transition to a post-industrial society inevitably forces us to reconsider approaches to the role of innovation in the modern economy, including in nuclear energy. The life cycles of nuclear energy resources and nuclear power units are intersected, and at this intersection energy is generated, revenue occurs, etc. The rest of these life cycles are mainly costs. Method of analyzing this life cycles intersection was named the “economic cross”. The purpose of the study presented in the article is to specify conditions, under which the final revenue, with regard to discounting, will exceed the total costs, and nuclear power technology will be profitable.