NUCLEAR CAPITAL COSTS AND COST TRENDS IN MARITIME APPLICATIONS

The report provides detailed data concerning the direct capital costs, installation costs, schedules, and scope of supply for procurement and testing of three currently offered pressurized water reactors which could be installed as the steam generators for ship propulsion plants with operations commencing in 1970. The direct costs of the first 70,000 to 80,000 SHP pressurized water nuclear steam generating system installed and tested in a merchant ship will be between $8,700,000 and $9,600,000. These costs exclude nonrepetitive design, engineering development, and the power conversion system. Two of the proposed plants studied generally reflect current and conservative nuclear technology and can be committed directly to ship application with reasonable uncertainties and risks. The third plant incorporates a developmental feature which involves considerably higher risk in application for multiple ship procurement under commercial requirements of fixed price, exacting schedule, and guaranteed performance. The requirements of reactor procurement, construction, and installation will strongly influence ship construction schedules with a minimum period between contract initiation and first ship delivery of 45 to 48 months. Subsequent ships could be delivered at 4 month intervals. Long leadtime procurement of reactor components is the principal controlling influence on ship delivery.

• Corporate Authors:

  NUS Corporation

  1730 M Street, NW
  Washington, DC  United States 
• Authors:
  • Couchman, D L
  • Pletke, L R
  • Woodhall, C B
• Publication Date: 1966-10

Media Info

• Features: Appendices; Figures; Photos; Tables;
• Pagination: 72 p.

Subject/Index Terms

• TRT Terms: Costs; Economics; Electric power plants; Nuclear power; Nuclear power plants
• Old TRIS Terms: Power plant costs; Power plant economics
• Subject Areas: Economics; Finance; Marine Transportation; Operations and Traffic Management; Vehicles and Equipment;

Filing Info

• Accession Number: 00026995
• Record Type: Publication
• Source Agency: National Technical Information Service
• Report/Paper Numbers: NUS-278A Sum Rpt
• Contract Numbers: P1-MA66-492
• Files: TRIS
• Created Date: May 4 1973 12:00AM