Near-term benefits of the plant life extension program

The aging process can be expected to reduce the availability and increase the production costs of nuclear power plants over time. To mitigate this process and recover or enhance plant availability, capacity, thermal efficiency, and maintenance expenditures, the utility must dedicate increased attention and commitment to a comprehensive plant life extension (PLEX) program. Improvements must be justified by balancing the cost of the recommended modifications with the economic value of benefits obtained from its implementation. It is often extremely difficult for utility management to make an optimal selection from among hundreds of proposed projects, most of which are cost-effective. A properly structured PLEX program with an emphasis on near-term benefits should provide the utility with a means of evaluating proposed projects, thus determining the optimum combination for authorization and implementation