Economic analysis of process steam and electricity generation by a 200 MW NHR

New applications for low temperature nuclear heating reactors should be developed using economic analysis. This paper compares and analyzes the economics of the generation 1.5 MPa process steam and electricity by a 200 MW nuclear heating reactor (NHR-200) for industrial development. The project is very attractive economically with an internal rate of return of 19.61%, a net present worth (discount rate 10%) of 765 million yuan RMB and a capital recovery or payback period of about 5 years after construction is completed. Compared with only using the NHR-200 for in winter heating, the economic of process steam and electricity generation by NHR-200 are much better. In addition, the NHR-200 will significantly improve environmental pollution in cities and reduce the transport of coal from north to south in China