Radioactive Waste Storage and Disposal Facilities in SA Quantitative - - PowerPoint PPT Presentation

radioactive waste storage and disposal
SMART_READER_LITE
LIVE PREVIEW

Radioactive Waste Storage and Disposal Facilities in SA Quantitative - - PowerPoint PPT Presentation

Radioactive Waste Storage and Disposal Facilities in SA Quantitative Cost Analysis and Business Case Dr Tim Johnson & Dr Darron Cook TUESDAY, 6 OCTOBER 2015 1 Approach taken in the analysis Four generalised types of waste storage and


slide-1
SLIDE 1

Radioactive Waste Storage and Disposal Facilities in SA – Quantitative Cost Analysis and Business Case Dr Tim Johnson & Dr Darron Cook

TUESDAY, 6 OCTOBER 2015

1

slide-2
SLIDE 2

Approach taken in the analysis

Four generalised types of waste storage and disposal facility are being considered in the study: 1. Interim storage facility (ISF) for high and intermediate level wastes – surface facility 2. Geological disposal facility (GDF) for high level waste – deep underground 3. Intermediate depth underground repository (IDR) for intermediate level wastes 4. Low level waste repository (LLWR) – near surface Our investigation will look at the business case to manage international waste which does not have a local solution, as well as potential Australian wastes from a nuclear power programme

2

slide-3
SLIDE 3

Types of waste under consideration

The study focuses on the following waste streams

  • High level wastes (HLW), mostly spent nuclear fuel (SF)

potentially with some stabilised waste from reprocessing spent fuel, delivered in casks, for eventual disposal in a deep geological disposal facility (GDF).

  • Intermediate level wastes (ILW) mainly from nuclear power

plants, delivered in robust containers, for eventual disposal in an intermediate-depth repository (IDR),

  • Low level wastes (LLW) arising from Australian nuclear-

related activities (eg medical wastes, packaging, clothing) for disposal in a low level waste repository (LLWR)

3

slide-4
SLIDE 4

Scale of the demand – key assumptions

Assumptions

  • An existing and well documented stockpile of high level waste (largely

spent fuel) held internationally, in need of a permanent solution

  • ‘Willingness to pay’ for the management of high and intermediate

level wastes based on published holding costs

  • Potential customer countries do not reprocess their spent fuel

Exclusions

  • Waste accruing from countries with advanced waste management

programmes (e.g. USA, some EU countries, Russia, China) – assumed these countries will store and dispose of their wastes

  • International low level waste is excluded

– assumed local, national solutions predominate

4

slide-5
SLIDE 5

Scale of the demand – approach assumptions

  • Model the total amount radioactive waste requiring

management over time based on: – the size of current and future stockpiles, for both existing nuclear power programmes and those in the advanced stages

  • f planning

– typical rates of high level and intermediate level waste creation for light water reactors

  • Estimate the % of the total market which SA will be able to

capture and an upper and lower bound, depending on market and other factors

5

slide-6
SLIDE 6

General assumptions regarding the radioactive waste storage and disposal industry

  • Timelines for licensing, developing, and commissioning

these facilities are assumed to be very long

  • Facilities assumed to operate for decades (eg 25+ years

development, 60 to 100+ years operation)

– different scenarios will be developed to establish the range

  • f likely timescales to bring these facilities into operation

– surface storage is expected to be developed more quickly than underground disposal facilities, hence revenues will precede the costs of underground disposal

  • Both capital and through life operational costs are

significant

6

slide-7
SLIDE 7

Key assumptions – interim storage facility (IFS)

  • Also known as interim spent fuel storage (ISFS)
  • 5 to 10 years lead time to operations after siting and

approvals in place

  • Located near to a new dedicated port in South Australia
  • Connected by a short haul road
  • Receives HLW and ILW in specialist casks and containers for

surface storage

  • Sized to meet modelled demands with modular construction
  • Connected to water and power networks
  • Local workforce

7

slide-8
SLIDE 8

Key assumptions – geological disposal facility (GDF)

  • Located in region with suitable geology, hydrogeology,

geochemistry (to depth of 500m+) for deep underground disposal

  • Assumed to be several hundred kilometres from the IFS
  • 15+ years time to operations after siting and approvals in place
  • Connected to IFS by a heavy railway
  • HLW and ILW encapsulated for permanent disposal
  • Sized to meet modelled demands with modular construction
  • Stand-alone water and power supplies
  • Not assumed to have local workforce

8

slide-9
SLIDE 9

Key assumptions – intermediate depth repository (IDR)

  • Co-located with the GDF
  • Shares common infrastructure and workforce with GDF
  • 10 to 15 years time to operations after siting and approvals in

place

  • ILW encapsulated for permanent disposal
  • Sized to meet modelled demands with modular construction

9

slide-10
SLIDE 10

Key assumptions – low level waste repository (LLWR)

  • Surface facility with fewer physical constraints on siting

(climate, hydrology, geological stability) than for ILR and GDF.

  • Co-location with other facilities not necessary but may be cost

beneficial

  • 1 to 5 years time to operations after siting and approvals
  • Assumed to have local workforce and connections to power

and water networks

  • Receives compacted, sealed low level waste by road
  • Sized to meet modelled demands with modular construction

10

slide-11
SLIDE 11

Other assumptions - storage and disposal facilities

11

Assume:

  • SA has large areas with suitable geology for a GDF and IDR facility as well as a

number of coastal locations suitable for an ISF.

  • All four types of facility form links in a service chain for the management of

radioactive wastes

  • Business case modelling to incorporate extensive lead times for establishment
  • f legislative, regulatory, siting, design and other processes prior to

construction and operation

  • The SF part of HLW will have spent 10 years in wet storage (at source location)

prior to delivery to the ISF by ship / truck

  • SF has 30 years storage at the ISF before relocation to the GDF
  • SF / HLW casks will be supplied by customers and re-used
  • Shipping costs will be met by customers

Exclusion:

  • potential benefits from possible local cask manufacture, shipping lines and
  • ther support services
slide-12
SLIDE 12

Cost estimation processes

  • Business case cost inputs are at AACE Class 5

(concept) level of -50% to +100%, given uncertainties regarding design, location, technologies applied.

  • Approach assumptions for capital and operating

costs:

– consider overseas experiences (designs and costs) – develop South Australian equivalent costs – develop both ‘top down’ and ‘bottom up’ costs as a cross check – apply phasing of costs over time

12

slide-13
SLIDE 13

Reference projects: GDF and IDR

  • International

concept studies reviewed at high level

  • Basement rock concept

assumed for SA

  • Basement rock concept designs:

– GDF: Swedish/Finnish KBS-3H in-tunnel disposal concept (with an engineered barrier system adapted to the arid environment – IDR: ‘UK Reference’ vault disposal concept for basement rocks (designed to accommodate a wide range of low to intermediate level wastes)

Source: IAEA Storage and Disposal of Spent Fuel and High Level Waste, 2005

slide-14
SLIDE 14

Data sources for GDF and IDR costs

  • Sweden: Plan 2013: relevant for the BRC* model (SKB, 2014)
  • Finland: 2005 Cost estimate for the SF repository at Olkiluoto:

relevant for the BRC* model (Posiva, 2005)

  • Switzerland: 2011 cost estimate for SF/HLW disposal: relevant

to the HIC** model (SwissNuclear, 2011)

  • UK: Government pricing model for new build SF disposal

(DECC, 2010)

  • SAPIERR shared European GDF project for the European

Commission (Chapman et al, 2009)

* BRC – Basement rock concept ** HIC – High isolation concept, for surface infrastructure only

slide-15
SLIDE 15

Reference projects: ISF

  • Dry cask design

– variants reviewed – Holtec system selected as reference

  • Storage facility design

– private fuel storage project Utah, USA (2001) – EPRI study USA (2009) – US DOE study 2013 (more complex facility)

  • Costs

– above studies – IAEA “Costing of Spent Nuclear Fuel Storage, report NF-T-3.5 (2009)

slide-16
SLIDE 16

Cost factors incorporated in analysis

  • Location related costs
  • Cost of escalation (building price index increases)
  • Scale factors (compared with overseas facilities)
  • Upfront costs and ongoing phased expansion
  • Sequencing of facility planning, construction,
  • perations, midlife renewal, decommissioning

16

slide-17
SLIDE 17

Enabling infrastructure

  • ‘Hard’ infrastructure

– airport / port facilities – rail & road connections – water and power connections / stand-alone systems – accommodation for GDF site

  • ‘Agency / human’ infrastructure

– development of legislative basis for industry – expansion of regulatory bodies for industry – corporate / departmental growth

17

slide-18
SLIDE 18

Other foreseeable costs included in analysis

  • Site selection and agreement, evaluation and

environmental impact analysis; including transport corridors

  • Concept and detailed design, land acquisition and use

(for both sites and transport corridors)

  • Rolling stock / logistics
  • Facility maintenance
  • Regulatory licensing and inspection costs
  • Post closure activities
  • Direct workforce costs

– site admin, operations, quality assurance, security, etc

18

slide-19
SLIDE 19

Development of the commercial basis

  • Demand and cost estimates will form basis of commercial

model

  • Identify revenue requirements to meet various rates of return

calculated at a range of discount rates

  • Compare these requirements with customer range of

willingness to pay values

  • Consider generic scenario analyses including time to gain

licenses, size, speed of implementation , length of railway, phasing of construction, size of demand etc

19

slide-20
SLIDE 20

Linkages with other NFCRC work streams

  • Linkages with nuclear power plant stream

– a South Australian waste management capability would address the waste requirements from a local nuclear power plant which will need access to a GDF

  • Linkages with fuel manufacture / enrichment

stream

– could form a part of a ‘lease and take back’ arrangement whereby South Australian nuclear material is leased and then returned to South Australian for storage and disposal – this has both economic advantages to SA, as well as nuclear non-proliferation benefits

20

slide-21
SLIDE 21

Study outputs

  • Cost ranges, with assumptions and evidence for the

four types of facility and supporting infrastructure – scenarios for individual or joint operation – opportunities for phased development

  • Revenue estimates, with assumptions and evidence
  • Commercial outcome measures, including IRR, NPV

(at various discount rates)

  • Sensitivity analysis to address key areas of

uncertainty and demonstrate overall confidence in findings

21

slide-22
SLIDE 22

22