Economic Strategy for Developing Nuclear Breeder Reactors volume Pt 2

Cover Economic Strategy for Developing Nuclear Breeder Reactors volume Pt 2
Economic Strategy for Developing Nuclear Breeder Reactors volume Pt 2
Paul W Macavoy
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694, so that a decrease in fossil capital costs in- creases the nuclear share ceteris paribus ; that is, if both nuclear and fossil capital were to cost 10^ less than at present, then M /M would increase by 13. 47^ as a result of the change in NKP, and 6. 9^ as a result of the change in fossil capital price as well.
206 The demand for nuclear reactors in the 1980's and 1990 's should not be different in kind from that in the last decade. Relative prices of capital and fuel should differ from th
...ose experienced, but the elasticities should not. The period of adjustment to new technology shoiild not be any more complete during the last two decades of this century, because fast breeder reactors will be at the same stage of introduction into existing fossil and light water reactor systems as the light water reactors have been in recent years. The prices of nuclear and fossil capital, and the fuel cycle costs in the two systems, are expected to be the cause of rising nuclear shares. Both nuclear capital prices and fuel costs should fall, and the favoritism of nuclear should be even more evident in the strong reaction to a substantial decrease in the price of nuclear capital.

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