Published May 2014 | Version v1
Miscellaneous

General Approach and Element for Estimating Decommissioning Cost

  • 1. Korea Hydro and Nuclear Power Co. Ltd., Daejeon (Korea, Republic of)

Description

This paper will briefly introduce the general approach and element for developing the decommissioning cost. The ultimate objective of the estimate is to assure adequate funding for decommissioning. The decommissioning cost estimating is highly dependent on the strategies and cost methodologies. The method most widely adopted internationally in estimating is the bottom-up technique, based on a building block approach known as the WBS. Therefore, cost estimator should consider various approaches and elements of cost estimation to achieve the ascension of accuracy. Cost estimation for the decommissioning of nuclear facilities has tended to vary considerably in format and content reflecting a variety of approaches both within and between countries. These differences do not facilitate the process of reviewing estimates and make comparisons between different estimates more complicated. The joint study of OECD/NEA, IAEA and EU was undertaken to propose a standard itemization of decommissioning costs either directly for the production of cost estimates or for mapping estimates onto a standard, common structure for purposes of comparison

Part of:
Proceedings of the KNS 2014 spring meeting

Additional details

Publishing Information

Publisher
KNS
Imprint Place
Daejeon (Korea, Republic of)
Imprint Title
Proceedings of the KNS 2014 spring meeting
Imprint Pagination
[1 CD-ROM]
Journal Page Range
[2 p.]

Conference

Title
2014 spring meeting of the KNS
Dates
28-30 May 2014
Place
Jeju (Korea, Republic of)

INIS

Country of Publication
Korea, Republic of
Country of Input or Organization
Korea, Republic of
INIS RN
46050290
Subject category
S22: GENERAL STUDIES OF NUCLEAR REACTORS;
Resource subtype / Literary indicator
Conference, Non-conventional Literature
Descriptors DEI
ACCURACY; COST ESTIMATION; DECOMMISSIONING; NUCLEAR FACILITIES; PRODUCTION

Optional Information

Notes
5 refs