Total Cost Estimates for Closing Indian Point
ResearchPublished 1982
Based on a review of existing studies, the authors advance a method for estimating the total costs associated with the premature closure of a nuclear power plant facility. The methodology is described in terms of the planned closure of an operational plant but can easily be generalized to cover the forced, immediate closure of a nuclear facility following, say, a severe accident. Illustrating the procedures and the state of current costing information by analyzing the postulated voluntary closure of Indian Point Units 2 and 3, the authors find the differential cost of closure over keeping the units open at between $7 billion and $17 billion. Cost uncertainty of this magnitude seriously degrades the decisionmaking ability of both private and public authorities.
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Document Details
- Copyright: RAND Corporation
- Availability: Available
- Year: 1982
- Print Format: Paperback
- Paperback Pages: 30
- Paperback Price: $20.00
- Document Number: P-6822
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Stucker, James P. and Kenneth A. Solomon, Total Cost Estimates for Closing Indian Point, RAND Corporation, P-6822, 1982. As of September 5, 2024: https://www.rand.org/pubs/papers/P6822.html
Stucker, James P. and Kenneth A. Solomon, Total Cost Estimates for Closing Indian Point. Santa Monica, CA: RAND Corporation, 1982. https://www.rand.org/pubs/papers/P6822.html. Also available in print form.
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