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Economics of Nuclear Power from Heavy Water Reactors
M. V. Ramana, Antonette D'Sa and Amulya K. N. Reddy
Economic and Political Weekly
Vol. 40, No. 17 (Apr. 23-29, 2005), pp. 1763-1773
Published by: Economic and Political Weekly
Stable URL: http://www.jstor.org/stable/4416536
Page Count: 11
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Using a discounted cash flow methodology, this paper performs a detailed analysis of the current costs of electricity from two of the Department of Atomic Energy's heavy water reactors. It compares these costs to that from a recently constructed coal-based thermal power plant. The cost so computed is a sensitive function of the discount rate (a measure of the value of capital) used and the results show that for realistic values of the discount rate, electricity from coal-based thermal power stations is cheaper than nuclear energy.
Economic and Political Weekly © 2005 Economic and Political Weekly