Current Challenges, Constraints and Recommendations for Reducing Cost of Physical Security at US Commercial Nuclear Power Plants
Economic or financial causes have led to closure or announced early retirement of several US nuclear reactors in the last five years. The published report "Economic and Market Challenges Facing the U.S. Nuclear Commercial Fleet – Cost and Revenue Study" by Idaho National Laboratory identified 63 of the 79 studied nuclear power plants (NPPs) lost money in the year 2016. The revenue gap analysis performed in the study also concluded that additional revenue is required to return most of these nuclear power units to profitable operations. This can be achieved by reducing operation and maintenance (O&M) costs that accounts for about 70% of total operating expenditures for an NPP. The Light Water Reactor Sustainability (LWRS) Program conducts research and development, sponsored by the US Department of Energy, that provides a technical foundation for licensing and managing the long-term safe and economical operation of current nuclear power plants, utilizing the unique capabilities of the national laboratory system. Reduction in O&M costs aligns with the LWRS program’s mission of providing science-based solutions to the nuclear industry to implement technologies and methodologies for safe, efficient, economical, and long-term operation.