Published September 1, 2003
| Version v1
Journal article
Innovation in Nuclear Technology for the Least Product Price and Cost
Description
In energy markets, costs dominate for all new technology introductions (pressure valves, gas turbines, reactors) both now and far into the future. Technology improves, and costs are reduced as markets are penetrated with the trend following a learning/experience curve (MCE) based on classic economic forces. The curve followed is governed by development costs and market targets, and nuclear systems follow such a curve in order to compete with other technologies and projected future cost for alternate energy initiatives. Funding impacts directly on market penetration and on the ''learning rate.'' The CANDU/AECL development path (experience curve) is a chosen balance between evolution and revolution for a competitive advantage
Additional details
Publishing Information
- Journal Title
- Nuclear Plant Journal
- Journal Volume
- 21
- Journal Issue
- 5
- Journal Page Range
- p. 25-28
- ISSN
- 0892-2055
INIS
- Country of Publication
- United States
- Country of Input or Organization
- United States
- INIS RN
- 35019476
- Subject category
- S29: ENERGY PLANNING, POLICY AND ECONOMY; S21: SPECIFIC NUCLEAR REACTORS AND ASSOCIATED PLANTS;
- Descriptors DEI
- CANDU TYPE REACTORS; ECONOMICS; GAS TURBINES; MARKET; PRICES; TECHNOLOGY ASSESSMENT; VALVES
- Descriptors DEC
- CONTROL EQUIPMENT; EQUIPMENT; FLOW REGULATORS; HEAVY WATER MODERATED REACTORS; MACHINERY; POWER REACTORS; PRESSURE TUBE REACTORS; REACTORS; THERMAL REACTORS; TURBINES; TURBOMACHINERY
Optional Information
- Notes
- Excerpt from paper presented at the 24th Annual Conf. of the Canadian Nuclear Society
- Funding organization
- Atomic Energy of Canada, Limited (United States)