Operation and maintenance and fuel costs

Table 6.11 presents the data on operation and maintenance (O&M) and fuel costs for some of the SMRs addressed in this report. For comparison, included are similar data for the representative large reactors from reference [6.1].

The O&M and fuel costs are directly available only for a few SMRs, while for the majority of SMRs only the LUEC and the overnight cost were available. Where possible, we inferred the data for O&M and fuel costs using the formula (6.1) and neglecting the decommissioning costs, for a limited number of PWR- and HTGR-type SMRs. This estimate cannot give the breakdown between O&M and fuel costs.

The data presented in Table 6.11 leads to the following observations:

• There is a considerable spread of data on O&M and fuel costs even for NPPs with large reactors presented in reference [6.1]. The corresponding sums of O&M and fuel costs vary from 16.9 to 25.8 USD/MWh.

• The sums of O&M and fuel costs for SMRs vary between 7.1 and 36.2 USD/MWh. Both of the values exceeding 30 USD/MWh belong to SMRs with a long refuelling interval:

— 36.2 USD/MWh belongs to the IRIS version with a 96-month refuelling interval; and

— 33.5 USD/MWh belongs to the ABV with a 144-month refuelling interval (see Table 4.1 in Section 4.2.1).

• In both cases the increase is probably linked with a less effective fuel utilisation associated with the long refuelling intervals. For SMRs with conventional refuelling intervals, the sums of O&M and fuel costs are between 7.1 and 26.7 USD/MWh, being basically within the range for the considered NPPs with large reactors.

• The example of VBER-300 indicates that the sum of O&M and fuel costs for a barge — mounted reactor is ~50 % higher compared to the land-based one. As already mentioned, this could be explained by a larger volume of the O&M essentially required for the barge. In particular, the barge is assumed to be towed to the factory each ~12 years to undergo factory repair and maintenance.

The designers of advanced SMRs often indicate that O&M costs could be lower than those of large reactors owing to a stronger reliance of SMRs on inherent and passive safety features and to the resulting decrease in the number and complexity of safety systems [6.2, 6.8].

Regarding the fuel costs, SMRs generally offer lower degree of fuel utilisation compared to the state-of-the art large reactors, mainly because of the poor neutron economy due to small reactor core [6.2, 6.8]. Lower degrees of fuel utilisation result in higher fuel costs[53], which is most sharply manifested for SMRs with long refuelling interval, e. g., the ABV or the IRIS with a long refuelling interval (see Table 6.11).

Reactor

Unit power MWe

(net)/Plant lifetime (years)

Overnight capital cost USD per kWe

O&M cost, USD per MWh

Fuel cost, USD per MWh

O&M+Fuel costs, USD per MWh

LUEC at 5 % discount rate USD per MWh

Large reactors (from reference [6.1])

EPR (France) [6.1]

1 600/ 60

3 860

16

9.3

25.3

56.4

Advanced Gen. III +(USA) [6.1]

1 350/ 60

3 382

12.8

9.3

22.2

48.7

ABWR (Japan) [6.1]

1 330/ 60

3 000

16.5

9.3

25.8

49.7

VVER-1150 (Russia) [6.1]

1 070/ 60

2 930

16.7

4

20.7-20.9

43.5

APR1400 (Korea) [6.1]

1 343/ 60

1 570

9

7.9

16.9

29.1

Integral design PWR SMRs

CAREM-300 [6.8]

300*/ 60

1 200

14.1

IRIS [6.8]

335*/ >60

1 200-1 400 (investment cost)

26.7-36.2 recovered from LUEC

34-45

Marine derivative PWR SMRs

KLT-40S (twin-unit barge — mounted) [6.17]

30/ 40

3 700-4 200

10.7-9.2 recovered from LUEC

49-53

ABV (twin-unit barge — mounted) [6.2]

7.9/ 50

9 100

33.5 recovered from LUEC

120

VBER-300 (twin-unit barge-mounted) [6.8]

302/60

2 800

10.7 recovered from LUEC

33

VBER-300 (twin-unit land — based) [6.8]

302/ 60

3 500

7.1 recovered from LUEC

35

HTGR SMRs

HTR-PM [6.8]

105*/ 40

<1 500

8.6

12.3

20.9

51

PBMR

(previous design) [6.8]

165/ 35

<1 700

10.2

As large LWR

GT-MHR [6.8]

287.5*/ 60

1 200

3.5

8.7

12.2

36.3

* Gross electric output