Research Article

An Economic Cost Assessment on HALEU Fuels for Small Modular Reactors

Table 1

Fuel prices and parameters used for HALEU economic study.

Fuel pricesProcessCostUnit
Mining and milling68$/kg U3O8
Conversion105$/kgU
Enrichment52$/SWU
Fuel fabrication300$/kg

NuScale economic parametersParameterValueUnit
Thermal power, 160MWt
Electric power, 45MWe
Cycle burnup, 12MWd/kgU
Cycle length, 24months
Capacity factor, 98.6%
Cycle effective full-power days, 720days
Fuel loading mass, 9213kg
Average fresh load enrichment, 4.17w/o
Average levelized cost of electricity, LCOE86$/MWh
Estimated levelized cost of fuel, LCOF16.5–17.5$/MWh