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PostPosted: Oct 09, 2011 8:12 am 
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Joined: Jul 08, 2011 4:38 am
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Fennovoima has selected the Hanhikivi peninsula in Pyhäjoki for Finland's third nuclear power plant and sixth reactor. Site preparation will start next year, and the reactor will be either an EPR or ABWR, to be chosen by 2013.


http://www.world-nuclear-news.org/NN-Si ... 10114.html
http://www.fennovoima.com/en/press-rele ... n-pyhajoki

Map:
http://g.co/maps/d8qxz


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PostPosted: Oct 09, 2011 9:12 am 
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Joined: Jul 14, 2008 3:12 pm
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The first of a kind Olkiluoto EPR is often quoted as a disaster, but nothing can be further from the truth. It is affordable at 8 eurocents/kWh and is first of a kind, new EPRs are getting much lower cost overruns as nth of a kind learning adds up.

In fact, most don't realize it, or perhaps don't want to look at the numbers, but Finland is transitioning to nuclear power.

http://world-nuclear.org/info/inf76.html

They are on track to almost triple nuclear generation by 2020.

Combined with their existing hydroelectric and waste-to-energy systems, they will eliminate fossil fuels fired electricity generation completely by 2020.

http://www.iea.org/stats/pdf_graphs/FIELEC.pdf


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PostPosted: Oct 09, 2011 5:36 pm 
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Joined: Aug 29, 2008 4:55 pm
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Location: Idaho Falls, Idaho
considering how small Finland is compared to the US or even France they are doing good work.


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PostPosted: Oct 09, 2011 6:28 pm 
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How does their waste to energy work?


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PostPosted: Oct 09, 2011 8:00 pm 
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Joined: May 15, 2009 3:29 pm
Posts: 487
Hi Cyril.
Have you got a url for that 8 Euro cents kwh?


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PostPosted: Oct 10, 2011 5:28 am 
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DaveMart wrote:
Hi Cyril.
Have you got a url for that 8 Euro cents kwh?


Based on a table in this reference:

http://www.ecn.nl/docs/library/report/2008/e08034.pdf

we find table 3.14 on page 104 showing some nice numbers about this project:

Investment cost [€2007] 4 billion (ATW, 2007)
Specific investment cost [€2007/kW] 2,500
Availability [%] 90
Typical capital cost [€2007/MWh] 35
Typical O&M cost [€2007/MWh] 6-9
Typical front-end fuel cost [€2007/MWh] 3.5-4.5
Typical back-end fuel cost [€2007/MWh] 3-4 Decommissioning cost [€2007/MWh] 0.5-1

Total generation cost [€2007/MWh] 48-53.5
46 €/MWh according to (Dupraz, 2007)

Taking the higher number to be conservative, 5.35 cents per kWh. Then adding the cost overruns for Olkiluoto on the 3.5 cent per kWh captal cost, which is 1.5x cost overruns over the initial 4 billion euros, this adds (0.5x3.5) = 1.75 cents per kWh.

That makes the total cost 7.1 euro cents per kWh.

Add a bit inflation to get to 7.5 eurocents in 2011 money.


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PostPosted: Oct 10, 2011 5:40 am 
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Many thanks.
I am not sure what price that means to the customer, as you have to pay for the grid as well, but in any case the total cost will be a fraction of renewables.
I pay £0.13 kwh in the UK, which at the £0.07 this works out at should be very do-able.
There is no need at all for all the vast expenditure renewables need, still without actually doing much to reduce CO2 and utterly dependent on vast supplies of natural gas.


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PostPosted: Oct 10, 2011 5:51 am 
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7.5 eurocents per kWh is a typical selling price on the EU electric grid. Utilities have low profit margins and care about long term asset value. So a nuclear plant makes sense - if you have the sum of money required to build one!

Industrial users pay little more than this 7.5 cents per kwh (usually under 10 cents per kWh). They have relatively low grid (per kWh) costs due to the large scale of electric consumption.

Residential users are heavily taxed in most countries because they won't move out to another country for the sake of higher electricity prices. They won't generate their own electricity, either. They have high per kWh grid costs due to the small and intermittent electricity consumption.

It's different with industrial users. They need electricity 6000 hours a year, they need it reliable and cheap. If they can't get it from the utility at low price, they will build their own natural gas generators. This is what is happening in my country.

Cheap reliable electricity is what industry needs. They won't use solar panels that are not there 90% of the time and cost an arm and a leg. But by building nuclear plants industry can be low carbon. There are no other options for industry.

For some reason people are only concerned with their own household electric use. They think that if they just put some solar panels on their houses they have solved the problem.

Households use only 21% of the electricity in my country, so this is a silly and dangerous notion.


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PostPosted: Feb 26, 2013 4:58 am 
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Update. The Fins have apparently settled, for now, on the EU-ABWR design:

http://www.world-nuclear-news.org/NN-Fe ... 02137.html


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PostPosted: Feb 26, 2013 9:35 am 
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EPR costs 8 billion euros a piece. The Finns may pay less for the initial unit with the whole or part of the difference taken up by suppliers. The Japanese (Toshiba) may be charging less for the next unit.
They could not have beat the VVER from the Russians next door on price which might be around 3 billion euros. They are none too busy at home now and may have scored on delivery dates.
Indians build 700MW PHWR at home for one billion euros ($1700/kW). No wonder there are pricing problems about EPR.
http://www.business-standard.com/articl ... 0586_1.htm


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