Method for selecting FBR development strategies in the presence of uncertainty

Abstract

This report was prepared as an account of work sponsored by the United States Government. Neither the United States nor the Department o f Energy. nor any of their employees. nor any of their contractors. subcontractors. or their employees. makes any warranty. express or implied. or assumes any legal liability or responsibility for the accuracy. completeness or usefulness of any information. apparatus. product or process disclosed. or represents that its use would not infringe privately owned rights. The views. opinions and conclusions contained in this report are those of the contractor and do not necessarily represent those of the Untted States Government or the United States Department of Energy.

Characterization of alternative FBR development strategies

“…The focus of this report is the description of alternative approaches for developing the FBR and the quantification of the duration and cost of each alternative. The time frames of the alternative approaches are investigated in companion reports (White 1981 andFraley 1981). The results of these analyses will be described in a summary report (Burnham et a1.…”

“…Data from this study will be combined wit~ that of other studies (Diepel et a1. 1981;White and Merrill 1981) in a decision model (Fraley 1981). The decision model will reduce probabilistic data to metrics, which can be combined to rank strategies in several different ways.…”

“…These distributions and their respective cost transformations are presented in Appendix A, Table A Figure 4.5 illustrates the capital cost probability distribution that was calculated for the LWR, and has an expected value of 1100 $/kW. These functions in the above form are used in other related studies to calculate the commercially competitive cost dates (White and Merrill 1981) and various decision metrics (Fraley 1981).…”

“…This information is presented in more detail in the decision model (Fraley 1981) where the results of the benefit calculations are reported. Therefore, two cost maturation curves exist, one, which is strategy specific (Proto to 4.10 CBR-l) and the other which depicts the learning that occurs in the competitive FBR market (CBR-l to plant #20).…”

The Barriers to Achieving the Wider Goals of General Education and their Implications for the British Educational Research Association

“…Billions of dollars, and endless teacher and support time, as well as professional assistance from university staff, were poured into seven US school systems. Yet, in all these experiments, only about 5% of the teachers ended up doing what it was hoped they would do [35].…”