Review

  • Journal of Nuclear Fuel Cycle and Waste Technology
  • Volume 18(2(E)); 2020
  • Article

Research Paper

Journal of Nuclear Fuel Cycle and Waste Technology 2020;18(2(E)):247-260. Published online:

Decommissioning Cost Estimation of Kori Unit 1 Using a Multi-Regression Analysis Model

  • Han Young Joo ; Jae Wook Kim ; So Yun Jeong ; Joo Hyun Moon
Abstract

A multi-regression model was developed to estimate the decommissioning cost for Kori unit 1 using foreign nuclear power plant (NPP) decommissioning cost data. First, the decommissioning cost data were collected for 13 boiling water reactors and 16 pressurized water reactors and converted into the values as of November 2019. Then, for the regression model, the decommissioning cost was chosen as the dependent variable, and two variables were selected as independent variables: a contamination factor that was designed to reflect the operational characteristics of the decommissioned NPP and the decommissioning period. A statistical package in the R language was used to derive the regression model. Finally, the regression model was applied to estimate the decommissioning cost for Kori unit 1. The estimated decommissioning cost for Kori unit 1 was 663.40~928.32 million US dollars (782,812~1,095,418 million Korean won).

Keywords

Regression model,Nuclear power plant,Decommissioning cost,Kori unit 1,R language