Break-Even Point Analysis of Sodium-Cooled Fast Reactor Capital Investment Cost Comparing the Direct Disposal Option and Pyro-Sodium-Cooled Fast Reactor Nuclear Fuel Cycle Option in Korea

The purpose of this paper is to recommend a break-even point for the capital investment cost for a Sodium-cooled Fast Reactor (SFR) when choosing between a Pyro-SFR nuclear fuel cycle (recycling option via Pyro-processing) and a direct disposal option. This is because the selection of an alternative cannot be justified without a guarantee of economic feasibility. The calculation of a break-even point is necessary because SFR capital investment cost makes up the largest share of the cost for electricity generation. In other words, the cost of capital investment is an important cost driver, and the one that exerts the greatest effect on Pyro-SFR nuclear fuel cycle economics. In the end, the break-even point of the SFR capital investment cost between the Pyro-SFR nuclear fuel cycle and the direct disposal was calculated to be 4284 US$/kWe. In other words, it is possible to claim that the potential for the economic viability of the Pyro-SFR nuclear fuel cycle is greater (compared to investing in direct disposal) when the SFR capital investment cost is 4284 US$/kWe or less. In addition, Pyro-SFR technology will enable sustainable nuclear power generation.


Introduction
Korea is exerting efforts to ensure the sustainable use of nuclear power by reducing the substantial inventory of nuclear spent fuel in temporary repositories in nuclear power plants.Against this backdrop, Korea is considering the direct disposal of spent fuel and Pyro-processing, which offers high proliferation resistance.Since Korea's national policy gives priority to high proliferation resistance, the PWR (Pressurized Water Reactor)-MOX (Mixed OXide (UO 2 and PuO 2 ) fuel) method with plutonium extraction is not being considered.
An analysis of economic feasibility, which is the most important factor, must be conducted when comparing direct disposal and Pyro-SFR (Sodium-cooled Fast Reactor).This is because the selection of an alternative cannot be justified without a guarantee of economic feasibility.
Pyro-processing technology is an electrochemical method used to recover uranium and TRU (TRansUranium) from nuclear spent fuel.Because the recovered uranium is utilized as a raw material of SFR fuel [1], not only does it reduce the inventory of spent fuel, it can also greatly increase the efficiency of disposal.
Therefore, Pyro-processing technology is a future nuclear technology that will generate a sustainable energy source in an economical and environmentally friendly way.Thus, it will enable sustainable nuclear power generation through the Pyro-SFR fuel cycle.
In addition, Pyro-processing economics should include all costs of the Pyro-SFR nuclear fuel cycle, including the cost of SFR capital investment, not just the costs directly related to the Pyro-processing facility [2].The cost of capital investment is an important driver of the Pyro-SFR nuclear fuel cycle's electricity generation cost.In other words, the capital investment cost makes up the largest share of the cost of the Pyro-SFR nuclear fuel cycle.Of course, the cost of SFR capital investment is also an important factor that determines the economics of the alternative to the Pyro-SFR nuclear fuel cycle.However, this capital investment cost relies on estimation because no SFR has yet been commercialized.
To determine Pyro-SFR nuclear fuel cycle economics, the capital investment cost required for SFR and Pyro-processing facility construction needs to be expensed, to factor into the cost of electricity generation [3].Here, capital investment cost expensing refers to the process of converting economic resources included in the reactor and Pyro-processing facility, as cost.
For the engineering cost estimation method, it is assumed that the Pyro-processing facility construction period is approximately six to seven years [4].The cost that is input every year during the construction period is allocated from the total invested economic resource according to expert judgement.For comparison, the accounting method recognizes the input capital investment cost as a tangible asset [5,6].Then, it is expensed every year utilizing a depreciation cost.Each year, an adequate method is selected among various depreciation methods.
The engineering cost estimation method estimates the capital investment cost of a SFR and Pyro-processing facility that is not yet commercialized, based on the conceptual design.Moreover, in the case of a SFR, data published in the existing literature is utilized to estimate the capital investment cost of reactors with increased capacity using a "scale adjustment" [7].
According to previous research, the capital investment cost of a reactor makes up approximately 60% (or more) of the cost of generating electricity [8].Moreover, the capital investment cost of a Pyro-processing facility makes up approximately 33% (or more) of the total Pyro-processing cost [9].Accordingly, although the share of the Pyro-processing facility capital investment cost is small compared to the reactor cost, the former investment cost cannot be neglected.
In this paper, the following work was carried out to identify the effect of capital investment cost on the cost of electricity generation.First, a method for calculating the nuclear-fuel-cycle cost was introduced; and then the direct disposal option and Pyro-SFR nuclear-fuel-cycle electricity generation costs were calculated.Second, the break-even point of the capital investment cost for the Pyro-SFR nuclear fuel cycle and for direct disposal was calculated, and the economics of the Pyro-SFR nuclear-fuel-cycle was judged.
Among the 24 nuclear power plants in Korea, only 4 have CANDU (CANadian Deuterium Uranium)-PHWRs (Pressurised Heavy Water Reactor).This study focused on PWR (Pressurized Water Reactor) because of the poor economic feasibility of reprocessing by CANDU-PHWR [10].

Capital Investment Cost Expensing Method Based on Engineering Cost Estimation
The cost object needs to be set first, in order to expense the capital investment cost.Here, the Pyro-SFR nuclear-fuel-cycle cost object refers to the SFR and Pyro-processing facility with their economic resource inputs.The capital investment cost calculated using the engineering cost estimation method (for setting up the KAPF+ (Korea Advanced Pyroprocess Facility Plus) that the Korea Atomic Energy Research Institute (KAERI) designed conceptually as the cost object) entails conversion of the costs during seven years that were input during the early stage of the Pyro-processing facility construction as the present value [9].
The capital investment cost expensing method based on the engineering cost estimation method is as follows.First, the input cost is allocated during the construction period.Second, an adequate discount rate is applied to the cost by year, allocated using Equation (1), to discount to the base year [11].Third, the discounted present value amount is added up.
where TCI = total capital investment cost, CI t = capital investment cost at t year, r = discount rate, T1 = current year (the incurred cost year), T0 = base year.The design criteria of KAPF+ is shown in Table 1.For reference, the share of the capital investment cost and capital investment cost by year needed for the construction of KAPF+ are shown in Table 2 [9].The SFR cost estimation results are shown in Table 3 [12].

SFR Capital Investment Cost Calculation
Because no SFR has yet been commercialized, the SFR capital investment cost was calculated using the engineering cost estimation method.Currently, the BOP (Balance of Plant) conceptual design is being carried out for the SFR [12].Accordingly, the amount of cost increase or decrease of the SFR was estimated for each capital-investment-cost category based on the difference between the SFR design concept and existing PWR (pressurized water reactor) designs.
(1) Cost of the NSSS (Nuclear Steam Supply System) The SFR NSSS (which includes the reactor) is the part that produces the most difference compared to a PWR design.Accordingly, the cost was estimated utilizing a scale adjustment for the output capacity as shown in Equation ( 2), and the calculation result is shown in Table 3 [12].
(2) Cost of the turbine-generator The SFR turbine-generator cost was calculated with scale adjustment using procurement appropriation data on a recently commercialized nuclear facility (Advanced Power Reactor 1400 (APR 1400)), which is the basis shown in Equation (3).At this time, 0.62 (which is used generally for the turbine-generator) was applied as the adjustment factor, and calculation result is shown in Table 4 [12].

Category SFR1200 FOAK × 2 Units SFR800 FOAK × 2 Units
SFR turbine-generator 386.9 300.9 (3) Other cost calculation results Other costs were calculated with the scale adjustment method (as for the NSSS facility and turbine-generator cost calculation method).According to a report by KAERI, the construction of one unit of SFR 800 FOAK requires an overnight capital investment cost of 2952.9 million US$ and a capital unit cost of 3691 US$/kWe [12].

Electricity Generation Cost and Pyro-SFR Nuclear-Fuel-Cycle Cost Calculation
Electricity generation cost can be divided into two main parts: reactor cost and nuclear fuel cycle cost [13].Here, reactor costs include capital investment cost for reactor construction, reactor operation and maintenance costs, decontamination & decommissioning (D & D) costs, and disposal cost [14].Moreover, the nuclear fuel cycle cost can be classified into front-end nuclear fuel cycle cost and back-end nuclear fuel cycle cost [15].
Figures 1 and 2 demonstrate the sequence for calculating the nuclear fuel cycle cost of direct disposal and Pyro-SFR recycling [2].The nuclear fuel cycle cost can be calculated inversely, which is in the following order: fabrication, enrichment, conversion, and uranium cost, using the time to discharge the nuclear fuel from the reactor after use as the starting point [16].This is because it is possible to calculate the uranium consumption amount needed during the fabrication process from the amount of nuclear fuel generated after use.As such, the sequence for calculating the nuclear fuel cycle cost is as follows: calculation of the front-end nuclear fuel cycle cost first, followed by the calculation of the back-end nuclear fuel cycle cost for storage, Pyro-processing, and disposal [17].

Reactor Cost Calculation
The amount of electricity generated from direct disposal (Once-through: OT) and the Pyro-SFR nuclear fuel cycle (for calculation of the electricity generation cost) is determined by Equations ( 4) and (5), respectively [13].
where The PWR capital investment cost for the direct disposal option is provided by Equation ( 6) [16].

Reactor Cost Calculation
The amount of electricity generated from direct disposal (Once-through: OT) and the Pyro-SFR nuclear fuel cycle (for calculation of the electricity generation cost) is determined by Equations ( 4) and (5), respectively [13].
where The PWR capital investment cost for the direct disposal option is provided by Equation ( 6) [16].

Reactor Cost Calculation
The amount of electricity generated from direct disposal (Once-through: OT) and the Pyro-SFR nuclear fuel cycle (for calculation of the electricity generation cost) is determined by Equations ( 4) and (5), respectively [13].
where E OT = the amount of electricity generation for OT, G PWR T i (the amount of electricity generation from PWR at Ti) = PC × 365 × C f Ti × 24, PC = power capacity, C f Ti = capacity factor at time Ti, Ti = current year, T0 = base year, r = discount rate.
where E pyro−SFR = the amount of electricity generation for the Pyro-SFR fuel cycle, G SFR Ti = the amount of electricity generation from the SFR.
The PWR capital investment cost for the direct disposal option is provided by Equation ( 6) [16].
where C OT capital = the capital investment cost of OT, UC PWR capital = the capital unit cost of PWR.
Moreover, the capital investment cost for the Pyro-SFR nuclear fuel cycle can be calculated using Equation (7) [18].
where C Pyro−SFR capital = the capital investment cost of Pyro-SFR fuel cycle, and UC SFR capital = the capital unit cost of the SFR.
The PWR operation and maintenance costs for direct disposal are provided by Equation ( 8) [15].
where C OT O&M = operating and maintenance (O&M) cost of OT, UC PWR O&M = operating and maintenance unit cost of PWR.
Moreover, the operation and maintenance costs for the Pyro-SFR nuclear fuel cycle can be expressed as in Equation ( 9) [15].
where C Pyro−SFR O&M = O&M cost of Pyro-SFR fuel cycle, and UC SFR O&M = operating and maintenance unit cost of the SFR.
The PWR D&D cost for direct disposal is provided by Equation (10).
where C OT D&D = D&D (decommissioning and disposal) cost of OT, and UC PWR D&D = D&D unit cost of the PWR.
Moreover, the disposal cost for the Pyro-SFR nuclear fuel cycle can be expressed by Equation (11) [19].
where UC SFR D&D = D&D unit cost of the SFR.

Nuclear Fuel Cycle Cost Calculation
The cost of uranium for the direct disposal option can be obtained using Equation ( 12) [15].
The uranium cost for the Pyro-SFR nuclear fuel cycle is calculated using Equation (13).
where C Pyro−SFR uranium = uranium cost of Pyro-SFR fuel cycle, AUN PWR = Annual U needed for PWR in SFR cycle.
Equation ( 14) demonstrates the direct disposal conversion cost calculation method.
where C OT conversion = conversion cost of OT, UC conversion = unit cost of conversion.Enrichment cost for Pyro-SFR nuclear fuel cycle can be calculated using Equation ( 15) [18]. where 1−natural U enrichment ), tails = annual U needed for PWR in SFR cycle (kt) − PWR fuel fabrication (kt), annual U needed for PWR in SFR cycle = feed for PWR fuel enrichment.
The PWR fuel fabrication cost for direct disposal can be obtained using Equation (16).
where C OT f abrication = fabrication cost of OT, UC f abrication = unit cost of fabrication, FAB PWR f uel = the amount of fabrication for the PWR fuel.
Fabrication cost for the Pyro-SFR nuclear fuel cycle is calculated using Equation (17).
where C Pyro−SFR f abrication = fabrication cost of Pyro-SFR, UC f abrication = unit cost of fabrication, FAB SFR f uel = the amount of Pyro-SFR metal fuel fabrication.
The PWR fuel dry transportation and storage cost for direct disposal can be calculated using Equation (18).
where C OT Trans&storage = transportation and storage cost of OT, UC Trans&storage = unit cost of transportation and storage, SFA PWR = PWR spent fuel arising.
The dry transportation and storage costs for the Pyro-SFR nuclear fuel cycle can be expressed as in Equation (19).The PWR fuel Pyro-processing cost for the Pyro-SFR nuclear fuel cycle can be calculated by using Equation ( 20) [20].
where PYR PWR SF = Pyro treatment of PWR SF ( annual TRU consumpion in BN+annual TRU consumpion in BE TRU mass f raction in PWR SF ), annual TRU consumption in BN = TRU of initial burner core with 800 MWe (unit: kt) × input number of BN + input number of BN × annual TRU consumption of burner (unit: kt), TRU of initial burner core with 800 MWe (kt) = U of initial burner core (kt) × 0.3, annual TRU consumption in BE = TRU of initial breakeven core with 800 MWe (unit: kt) × input number of BE + input number of BE × annually TRU consumption in equilibrium core (unit: kt).
Equation ( 21) describes the cost of storage to allow for the decay of the Pyro-SFR nuclear fuel cycle cesium and strontium.
The PWR fuel encapsulation cost calculation for direct disposal is done using Equation (22).
where C OT packing = PWR SF packing cost, UC packing = unit cost of packing, SFA PWR = spent fuel arising of PWR.
Equation ( 23) is used to calculate the encapsulation cost of the Pyro-SFR nuclear fuel cycle Pyro-waste material.C Pyro−SFR packing where C Pyro−SFR packing = disposal packing cost HLW from Pyro-processing, DS = the amount of decay storage, W Pyro treatment = produced waste from 1 ton PWR SF Pyro treatment The PWR fuel disposal cost for direct disposal can be calculated from using Equation (24).
where C OT disposal = disposal cost of OT, UC disposal = disposal unit cost, EVU = excavation volume unit (m 3 /tHM).
The disposal cost for the Pyro-SFR nuclear fuel cycle is provided by Equation (25).

Electricity Generation Cost Calculation
The levelized capital cost for the calculation of the electricity generation cost is provided by Equation ( 26) [15].
where LGC = levelized generation cost (mills/kwh), T = T A + T B , T A = time for front-end fuel cycle (T loading − T lead ), T loading = nuclear fuel loading time, T lead = lead time, T0 = cost base year, T B = time for back-end fuel cycle (T discharging − T lag ), T discharging = spent fuel discharging time, T lag = lag time, T1 = starting reactor operation year.

Break-Even Point Calculation
Equation (28) shows how to determine the break-even point of capital investment cost for choosing between the Pyro-SFR fuel cycle and direct disposal option [21,22].
where BEP SFR capital = a break-even point of the SFR capital investment cost, TC D = the total cost of direct disposal option, RC capital SFR = the reactor (including the capital investment) cost of SFR, FCC Pyro−SFR = the Pyro-SFR fuel cycle cost, including the Pyro-processing cost.
where FC = the fixed cost = the reactor cost, and UCM = the unit contribution margin.
where TR = the total revenue, VC = the variable cost, and Q = the output (the quantity of electricity generation).

Cost Calculation Results
Input data for the calculation of the direct disposal option and Pyro-SFR nuclear fuel cycle electricity generation cost is shown in Table 5, and the reactor cost input data is shown in Table 6 [11].In addition, the nominal discount rate was used to calculate the generation costs, and TRU metal fabrication is employed because Korea is considering metal SFR fuel.
An equilibrium model was used to calculate the electricity generation cost for the direct disposal option and for the Pyro-SFR nuclear fuel cycle option.The results are shown in Table 7, and were calculated as (64.70 and 74.75) mills/kWh, respectively.Accordingly, the difference in the cost of electricity generation between the two options was approximately 10 mills/kWh.

Break-Even Point Analysis of the SFR Capital Investment Cost for the Pyro-SFR Nuclear Fuel Cycle Option and the Direct Disposal Option
The capital investment cost makes up the largest share of the Pyro-SFR nuclear fuel cycle electricity generation costs.In other words, the SFR capital investment cost is the most important factor affecting the Pyro-SFR nuclear fuel cycle economics.Accordingly, the break-even point of the SFR capital investment cost was calculated to inform the choice between the Pyro-SFR nuclear fuel cycle and direct disposal options.
It is necessary to consider the reactor cost intentionally in order to ensure sound economics for the Pyro-SFR nuclear fuel cycle.This is because the SFR capital investment cost is known to be higher than the PWR reactor cost [3].
The break-even point was calculated using the engineering method.As a result, when the SFR capital investment cost is 4284 US$/kWe or less, as shown in Figure 3, it was shown that the Pyro-SFR nuclear fuel cycle is comparatively economic compared to the direct disposal option.Here, only the SFR capital investment cost was input as a variable, in order to calculate the break-even point for the SFR capital investment cost, while other costs were assumed to be consistent [26].
It is necessary to consider the reactor cost intentionally in order to ensure sound economics for the Pyro-SFR nuclear fuel cycle.This is because the SFR capital investment cost is known to be higher than the PWR reactor cost [3].
The break-even point was calculated using the engineering method.As a result, when the SFR capital investment cost is 4284 US$/kWe or less, as shown in Figure 3, it was shown that the Pyro-SFR nuclear fuel cycle is comparatively economic compared to the direct disposal option.Here, only the SFR capital investment cost was input as a variable, in order to calculate the break-even point for the SFR capital investment cost, while other costs were assumed to be consistent [26].According to the Hyundai Engineering Company's SFR 800 MWe capital investment cost estimate (3691 US$/kWe) [2], is less than the break-even value (4284 US$/kWe).Accordingly, Pyro-SFR nuclear fuel cycle was proven to be more economical than the direct disposal option.However, the nominal value of the SFR capital investment cost reported in the NEA (Nuclear Energy Agency) report was 5032 US$/kWe, it was shown that the capital investment cost is larger than the break-even value (4284 US$/kWe).
One reason that the estimated values of the SFR capital investment cost were different (Hyundai vs. NEA) is because the economic environment (labor cost, price of raw material, construction period, and others) varies by nation.After construction of the first commercialized SFR, an increasingly more accurate normalized capital investment cost can be input for future evaluation of its economics.

Conclusions and Implication
The economics of the Pyro-SFR nuclear fuel cycle and direct disposal options was evaluated using the electricity generation cost as the standard.However, the reactor capital investment cost According to the Hyundai Engineering Company's SFR 800 MWe capital investment cost estimate (3691 US$/kWe) [2], is less than the break-even value (4284 US$/kWe).Accordingly, Pyro-SFR nuclear fuel cycle was proven to be more economical than the direct disposal option.However, the nominal value of the SFR capital investment cost reported in the NEA (Nuclear Energy Agency) report was 5032 US$/kWe, it was shown that the capital investment cost is larger than the break-even value (4284 US$/kWe).
One reason that the estimated values of the SFR capital investment cost were different (Hyundai vs. NEA) is because the economic environment (labor cost, price of raw material, construction period, and others) varies by nation.After construction of the first commercialized SFR, an increasingly more accurate normalized capital investment cost can be input for future evaluation of its economics.

Conclusions and Implication
The economics of the Pyro-SFR nuclear fuel cycle and direct disposal options was evaluated using the electricity generation cost as the standard.However, the reactor capital investment cost makes up the greatest share of the electricity generation cost.Accordingly, the break-even point of the reactor capital investment cost is important.
The reactor capital cost, accounting for more than 60% of the electricity generation cost [8], is an important cost driver.Sensitivity analysis was not carried out because the cost of uranium or SWU (Separate Work Unit) costs, which accounts for the highest proportion of nuclear fuel cycle cost, is less than 10% of the electricity generation cost [8].
An equilibrium model was used to calculate the electricity generation cost for the direct disposal option and for the Pyro-SFR nuclear fuel cycle option (64.70 and 74.75 mills/kWh, respectively).Accordingly, the difference in the cost of electricity generation between the two options was approximately 10 mills/kWh.Moreover, the break-even point of the SFR capital investment cost between the Pyro-SFR nuclear fuel cycle and direct disposal option was calculated to be 4284 US$/kWe.Thus, when the SFR capital investment cost is 4284 US$/kWe or less, the analysis shows that the Pyro-SFR nuclear fuel cycle will be comparatively more economical than the direct disposal option.
Hyundai Engineering Company's SFR 800 MWe capital investment cost estimate (3691 US$/kWe) is less than the break-even value (4284 US$/kWe).Accordingly, the Pyro-SFR nuclear fuel cycle was proven to be more viable economically than the direct disposal option.
However, the nominal SFR capital investment cost reported in the NEA report was 5032 US$/kWe, which is larger than the break-even value (4284 US$/kWe) calculated in this paper.Thus, further design development of the SFR technology is needed to lower the SFR capital investment cost.
The costs calculated in this study are the present costs after discounting for the relevant years.This study calculated the break-even point based on past resources, and compared economic feasibility using the different fast reactor capital costs calculated by Korea and NEA.The Pyro-SFR method has better economic feasibility than direct disposal when using the fast reactor capital cost calculated by Korea, but not so when using the cost calculated by NEA.This can be traced to the differences in economy and the level of construction technology, which determine the construction cost.For instance, Korea's construction cost for light water reactors is the lowest in the world.
In making a decision between direct disposal and Pyro-SFR, the various factors to be taken into account include economic feasibility, public acceptance, international dynamics, national policy, and environmental pollution.Among these factors, this study focused on economic feasibility, which is regarded as the most important.The final outcome may be different if sustainability and other factors are included in the evaluation criteria, in addition to economic feasibility.
In addition, the aspect of economic feasibility is necessary to judge an optimized fuel cycle alternative.This is because the best fuel cycle option can be elicited through the evaluation of multi-criteria, such as safety and technology, environmental impact, economic feasibility, proliferation resistance, social factors (including public acceptance), etc.
To estimate the fuel cycle costs, the construction cost of a HLW (high-level waste) repository in the future and the disposal cost must be considered to estimate the fuel cycle costs.In Korea, the objects of disposal cost are limited to the deep geological repository covering PWR-spent fuel on the assumption that the PWR's initial enrichment is 4.5% and its burn-up is 55 GWD/MTU.In addition, the cooling time is assumed to last for 10 years [14].To decrease the uncertainty, the actual disposal cost of KRS (Korea Reference System) to dispose HLW (high-level waste) will be considered in the future.
Compared to direct disposal, the Pyro-SFR method presents the following advantages.First, the Pyro-SFR method is more likely to be accepted by the public.In Korea, it is difficult to acquire repositories for high-level radioactive waste because of the limited land and high population density.Second, Pyro-SFR is associated with high proliferation resistance, which is favorable in terms of international dynamics and national policy.Since Pyro-SFR cannot be used to extract plutonium during the recycling process, it has higher proliferation resistance than PUREX (Plutonium-URanium EXtraction), which involves easier reprocessing of plutonium.Third, this method is more environmentally friendly.Due to the significant decrease in disposal amount, Pyro-SFR does not require disposal sites to be as large, thus posing less of the environmental risks that may arise from earthquakes or leakage.Ultimately, the Pyro-SFR method is superior to direct disposal in terms of the sustainability of nuclear power.As such, Pyro-SFR is likely to be a feasible method even if factors other than economic feasibility are considered.
It should be noted that this analysis is limited in the sense that the value of the SFR capital investment cost estimated based on the conceptual design was used as the input data.After the first commercialized SFR is constructed, a more accurate analysis on the economics of the nuclear fuel cycle option should be possible.

=,
the amount of electricity generation for OT, PC = power capacity, fTi C = capacity factor at time Ti, Ti = current year, T0 = base year, r = discount rate. of electricity generation for the Pyro-SFR fuel cycle, generation from the SFR.

,
OT E = the amount of electricity generation for OT, PWR T i G (the amount of electricity generation from PWR at Ti) = PC = power capacity, fTi C = capacity factor at time Ti, Ti = current year, T0 = base year, r = discount rate. of electricity generation for the Pyro-SFR fuel cycle, SFR Ti G = the amount of electricity generation from the SFR.
C Pyro−SFR Trans&dry storage = transportation and storage cost of Pyro-SFR fuel cycle, UC Trans&storage = unit cost of transportation and storage, ANAF = Annually newly added fuel for storage (fabrication quantity × (1 − HM annual consumption rate) − annually quantity of PWR Pyro treatment).
of Pyro-SFR fuel cycle, T BE f uel = annual BE fuel treatment (kt), MF FPs in SFR(1.00)SF= FPs mass fraction in SFR(1.00)SF, T BN f uel = annual BN fuel treatment (kt), MF FPs in SFR(0.70)SF= FPs mass fraction in SFR(0.70)SF, DH SFR f uel = decay heat( W tMH ) of FPs from SFR SF 50 year cooling, PYROT PWR SF = Pyro treatment of PWR SF (kt), MF FPs in PWR SF = FPs mass fraction in PWR SF, DH PWR f uel = PWR SF decay heat after 50 years.

Figure 3 .
Figure 3.The break-even point of capital investment cost between Pyro-SFR fuel cycle option and direct disposal option.

Figure 3 .
Figure 3.The break-even point of capital investment cost between Pyro-SFR fuel cycle option and direct disposal option.

Table 1 .
The design criteria of KAPF+.

Table 2 .
The capital investment cost of KAPF+.

Table 7 .
Comparison of the generation cost between direct disposal and Pyro-SFR recycle.