FUNDING AND FINANCE ISSUES RELATED TO THE DECOMMISSIONING OF BRAZILIAN NPPS

It has been a consensus in the Academy that, for a nation to grow and develop in economic terms, an adequate supply of power should be available to provide its industrial sector as well as the needs of its people. Brazil did in the past make the decision to use the power generated from a nuclear sou...

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Main Authors: Daniel Artur Pinheiro Palma, Anna Leticia Barbosa de Souza, Amir Zacarias Mesquita
Format: Article
Language:English
Published: Brazilian Radiation Protection Society (Sociedade Brasileira de Proteção Radiológica, SBPR) 2021-02-01
Series:Brazilian Journal of Radiation Sciences
Subjects:
Online Access:https://bjrs.org.br/revista/index.php/REVISTA/article/view/1369
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author Daniel Artur Pinheiro Palma
Anna Leticia Barbosa de Souza
Amir Zacarias Mesquita
author_facet Daniel Artur Pinheiro Palma
Anna Leticia Barbosa de Souza
Amir Zacarias Mesquita
author_sort Daniel Artur Pinheiro Palma
collection DOAJ
description It has been a consensus in the Academy that, for a nation to grow and develop in economic terms, an adequate supply of power should be available to provide its industrial sector as well as the needs of its people. Brazil did in the past make the decision to use the power generated from a nuclear source in its power generation matrix. The country today has two nuclear power plants in operation, Angra I and Angra II, with a third plant currently under construction, Angra III. The Angra I facility is nearly 40 years old and, should this country not manage to extend its lease of life, it should be decommissioned and taken apart, as provisioned for in prevailing legislation. In order to face the decommissioning costs of a nuclear power generation facility a sizeable amount of financial resources should be available to implement the decommissioning plan the operator is required to submit to the regulatory body. As the expected operating life of a nuclear power plant is of 40 years, some extensions were added to it to see the facilities go through successive and different governments and economic plans. This work studies some of the economic and financial aspects that go into the decommissioning of the Angra I power plant, pursuant to the IAEA documents published on the subject, covering different scenarios for yearly interest and the manner of the deposits, such as those of an uniform series of deposits and those of a growing and finite arithmetic progression.
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publisher Brazilian Radiation Protection Society (Sociedade Brasileira de Proteção Radiológica, SBPR)
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spelling doaj-art-5a5912edf9c44916b7ecb331dc8af9682025-08-20T03:13:10ZengBrazilian Radiation Protection Society (Sociedade Brasileira de Proteção Radiológica, SBPR)Brazilian Journal of Radiation Sciences2319-06122021-02-0183A (Suppl.)10.15392/bjrs.v8i3A.13691069FUNDING AND FINANCE ISSUES RELATED TO THE DECOMMISSIONING OF BRAZILIAN NPPSDaniel Artur Pinheiro Palma0Anna Leticia Barbosa de Souza1Amir Zacarias Mesquita2Brazilian Nuclear Energy Commission (CNEN)Brazilian Nuclear Energy Commission (CNEN)Nuclear Technology Development Center (CDTN)It has been a consensus in the Academy that, for a nation to grow and develop in economic terms, an adequate supply of power should be available to provide its industrial sector as well as the needs of its people. Brazil did in the past make the decision to use the power generated from a nuclear source in its power generation matrix. The country today has two nuclear power plants in operation, Angra I and Angra II, with a third plant currently under construction, Angra III. The Angra I facility is nearly 40 years old and, should this country not manage to extend its lease of life, it should be decommissioned and taken apart, as provisioned for in prevailing legislation. In order to face the decommissioning costs of a nuclear power generation facility a sizeable amount of financial resources should be available to implement the decommissioning plan the operator is required to submit to the regulatory body. As the expected operating life of a nuclear power plant is of 40 years, some extensions were added to it to see the facilities go through successive and different governments and economic plans. This work studies some of the economic and financial aspects that go into the decommissioning of the Angra I power plant, pursuant to the IAEA documents published on the subject, covering different scenarios for yearly interest and the manner of the deposits, such as those of an uniform series of deposits and those of a growing and finite arithmetic progression.https://bjrs.org.br/revista/index.php/REVISTA/article/view/1369decommisioningnppuniform payments
spellingShingle Daniel Artur Pinheiro Palma
Anna Leticia Barbosa de Souza
Amir Zacarias Mesquita
FUNDING AND FINANCE ISSUES RELATED TO THE DECOMMISSIONING OF BRAZILIAN NPPS
Brazilian Journal of Radiation Sciences
decommisioning
npp
uniform payments
title FUNDING AND FINANCE ISSUES RELATED TO THE DECOMMISSIONING OF BRAZILIAN NPPS
title_full FUNDING AND FINANCE ISSUES RELATED TO THE DECOMMISSIONING OF BRAZILIAN NPPS
title_fullStr FUNDING AND FINANCE ISSUES RELATED TO THE DECOMMISSIONING OF BRAZILIAN NPPS
title_full_unstemmed FUNDING AND FINANCE ISSUES RELATED TO THE DECOMMISSIONING OF BRAZILIAN NPPS
title_short FUNDING AND FINANCE ISSUES RELATED TO THE DECOMMISSIONING OF BRAZILIAN NPPS
title_sort funding and finance issues related to the decommissioning of brazilian npps
topic decommisioning
npp
uniform payments
url https://bjrs.org.br/revista/index.php/REVISTA/article/view/1369
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