Nuclear Regulatory Commission: NRC Needs to Improve Its Cost Estimates by Incorporating More Best Practices

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By Frank Rusco (au)
Year: 2014
Pages: 39
Binding Paperback
ISBN 978-1-4578-6554-1

Product Code: 1457865548

Description

The March 2011 accident at Japan's Fukushima Daiichi nuclear power plant resulted in a release of radioactive material. The U.S. Nuclear Regulatory Commission (NRC) considered several new requirements for U.S. plants based on lessons learned from Fukushima, such as the installation of a filtered venting system. Nuclear industry stakeholders raised concerns that NRC's cost estimate for filtered venting systems did not reflect accurate costs of implementation. This report examines (1) the extent to which NRC's cost estimating procedures support the development of reliable cost estimates; and (2) the extent to which NRC staff's 2012 cost estimate for proposed filtered venting systems is reliable. Tables and figure. This is a print on demand report.

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