Comparison of cost estimates of final disposal facilities for carbon dioxide and high-level radioactive waste

Research output: Contribution to journalArticle

Abstract

This paper presents new research and new cost calculations for carbon dioxide (CO2) disposal in Cuba and Lithuania, as well as lessons from the comparative assessment of CO2 and high-level Radioactive Waste (RW) disposal costs in several countries. Nuclear power and CO2 Capture and Disposal (CCD) are key greenhouse gas mitigation options, both entailing the long-term, geological disposal of wastes. This paper presents the related economic calculations and draws lessons from their inter-comparison. The paper compares the costs of geological disposal of CO2 and RW in several countries by applying the same unit: US cent/Kilowatt Hour (kWh). CO2 disposal costs were estimated for Lithuania and Cuba, while RW disposal costs were assessed and compared for Lithuania, Switzerland, India and the Republic of Korea. In both cases, costs vary across a wide range in the countries analysed, but the variations are consistent with published estimates for other countries with similar geological and economic conditions.

Original languageEnglish
Pages (from-to)77-105
Number of pages29
JournalInternational Journal of Global Energy Issues
Volume37
Issue number1-4
DOIs
Publication statusPublished - Oct 1 2014
Externally publishedYes

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Radioactive wastes
Waste disposal
Carbon dioxide
Radioactive waste disposal
Costs
Economics
Greenhouse gases
Nuclear energy

Keywords

  • Carbon dioxide
  • Comparative assessments
  • Country case studies
  • Disposal costs
  • High-level radioactive waste
  • Ultimate disposal facilities

ASJC Scopus subject areas

  • Energy Engineering and Power Technology
  • Nuclear Energy and Engineering
  • Renewable Energy, Sustainability and the Environment

Cite this

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abstract = "This paper presents new research and new cost calculations for carbon dioxide (CO2) disposal in Cuba and Lithuania, as well as lessons from the comparative assessment of CO2 and high-level Radioactive Waste (RW) disposal costs in several countries. Nuclear power and CO2 Capture and Disposal (CCD) are key greenhouse gas mitigation options, both entailing the long-term, geological disposal of wastes. This paper presents the related economic calculations and draws lessons from their inter-comparison. The paper compares the costs of geological disposal of CO2 and RW in several countries by applying the same unit: US cent/Kilowatt Hour (kWh). CO2 disposal costs were estimated for Lithuania and Cuba, while RW disposal costs were assessed and compared for Lithuania, Switzerland, India and the Republic of Korea. In both cases, costs vary across a wide range in the countries analysed, but the variations are consistent with published estimates for other countries with similar geological and economic conditions.",
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