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ORNL-TM-7207 - the Molten Salt Energy Technologies Web Site

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116<br />

The construction cost of <strong>the</strong> MSTR way be estimated by updating <strong>the</strong><br />

cost estimate for <strong>the</strong> MSTR prepared in 1395 for <strong>the</strong> MSBR program. Using<br />

a construction materials and labor increase of P2%/year gives a multi-<br />

plier of 1.4 and a cost for <strong>the</strong> MSTR in 1978 of about $680 million.<br />

A detailed estimate of <strong>the</strong> cost of a l0QO-MWe DMSR based on a mature<br />

technology is given in it fol%owing seetion, From this, we have estimated<br />

<strong>the</strong> cost of a first standardized DMSR by applying a factor of 1.5 to al-<br />

low for increased first-of-a-kind costs and <strong>the</strong> cost of a lead CQIIIIIW~C~~<br />

prototype by applying ano<strong>the</strong>r factor of 1.5 to allow for increased proto-<br />

type costs, Using this proceduree <strong>the</strong> cost of a POOO-Mk prototype DMSR<br />

is estimated to be $1470 miPliom and <strong>the</strong> first standardized DMSR $980<br />

million<br />

The prototype DMSR need not be as large as 1800 MWe; <strong>the</strong> cost could<br />

be reduced some, for example, by building a 5OO-We prototype with two<br />

steam-generator Poops ra<strong>the</strong>r than four.<br />

Estimating <strong>the</strong> probable cost of experimental and prototype reactors<br />

fn advance of design is exseedingPy difficult. The cost estfmates pre-<br />

sented were made by a staff that has had experience in <strong>the</strong> design and op-<br />

eration of experimental reactors, particularly <strong>the</strong> MSRE. glke MSRE was<br />

constructed and operated within budget, which is an indication that <strong>the</strong><br />

technology is reasonably well understood and that cost estimates for fu-<br />

ture reactors are probably realistic, if R Q ~ absolutely accurate. Con-<br />

verselye <strong>the</strong> proposed reactors are a large step up in scale from <strong>the</strong> MSRE<br />

and would be subject to <strong>the</strong> vagaries of <strong>the</strong> licensing process for a new<br />

reactor type, These factors introduce uncertainties into <strong>the</strong> cost esti-<br />

mates whish are beyond evaluation at <strong>the</strong> present time.<br />

5.3 Economic Performance of Commercial DMSR<br />

The projected cost of power from a c~m~r~ial DMSR can be estimated<br />

only approxhately because <strong>the</strong> DMSR is in <strong>the</strong> conceptual stage and not<br />

even a detailed conceptual desfgn has been prepared. However, by taking<br />

advantage of <strong>the</strong> similarity of <strong>the</strong> BMSR to <strong>the</strong> MSBR (for which a detafled<br />

conceptual design and cost estimate have been prepared) and by carefully<br />

comparing <strong>the</strong> DMSR with EWW and coal-fired power plants (which would have<br />

. .. . . . .... . .<br />

w.:. .>

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