How is the future need for decommisioning/refurbishment dealt with?
Saras: Same in the US, I believe. A sinking fund is set up (by law) for decommissioning/refurbishment, payable over the expected life of the plant. I guess that somewhat offsets the benefits of a low interest rate environment. Don't know if payments are adjusted in an underfunded or overfunded situation.
but moreso in ongoing maintenance
Super Sten: I believe that maintenance would go under operating costs. Attached is a graphic for the relative costs per kwh of nuclear power versus others, given a 5% interest rate, 30 year plant life, 70% load.
Saras: Same in the US, I believe. A sinking fund is set up (by law) for decommissioning/refurbishment, payable over the expected life of the plant. I guess that somewhat offsets the benefits of a low interest rate environment. Don't know if payments are adjusted in an underfunded or overfunded situation.
but moreso in ongoing maintenance
Super Sten: I believe that maintenance would go under operating costs. Attached is a graphic for the relative costs per kwh of nuclear power versus others, given a 5% interest rate, 30 year plant life, 70% load.
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