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LNFCC-PC computes an electric utility's levelized nuclear fuel cost. The code computes quantities of fuel-cycle services and levelized direct costs, which include the carrying charges accounting for the time value of money. All fuel-cycle services from natural uranium purchased through waste disposal are covered.

Last Model Update:

April 1990

Part of Another Model?

No

Sponsor:

• Office: Office of Integrated Analysis and Forecasting
• Division: Coal and Electric Power Division
• Model Contact: Laurence Sanders
• Telephone: (202) 586-2049
• E-Mail Address: Laurence.Sanders@eia.doe.gov

Documentation:

• Energy Information Administration, Levelized Nuclear Fuel-Cycle Cost Model User's Guide, MDR/ES/81 (Washington, DC, June 1982)
• Energy Information Administration, Levelized Nuclear Fuel-Cycle Cost (LNFCC-PC) Lotus 1-2-3 Spreadsheet Documentation, Installation and Operating Instructions, Laurence Sanders (Washington, DC, April 1986).

Archive Media and Installation Manual(s):

• LNFCC86
  • Annual Energy Outlook 1986
• LNFCC90
  • Annual Energy Outlook 1990.

Coverage:

• Geographic: Constrained to light water reactors (LWRs) United States and foreign
• Time Unit/Frequency: As needed for annual reports
• Product(s): Nuclear fuel costs
• Economic Sector(s): Electric utilities.

Modeling Features:

• Model Structure: Equations described in model documentation
• Modeling Technique: Deterministic
• Special Features: Lotus 1-2-3 electronic spreadsheet.

Non-DOE Input Sources:

• NUEXCO, Monthly Report on the Nuclear Fuel Market (Denver, CO)
  • Uranium price
  • Conversion price
  • Fabrication price
  • Enrichment price
  • Unit cost of waste disposal
• DRI, Utility Cost of Finance for Debt, Preferred Equity, and Common Equity
  • Utility cost of capital
  • Lag for revenue collection
• Standard and Poor's Compustat Services, Inc., The Compustat Tapes, Denver, CO, and subsequent releases
  • Utility cost of capital
  • Lag for revenue collection.

DOE Data Input Sources:

Forms and Publications:

• Energy Information Administration, World Nuclear Fuel-Cycle Requirements, DOE/EIA-0436
  (Washington, DC, September 1988)
  • Thermal rating of nuclear plant
  • Electrical ratings
  • Cycle length
  • Full power days per cycle
  • Fresh fuel assay
  • Discharge burnup
  • Batch fraction
  • Process loss
  • Lead time

Models and Other:

• Office of the Assistant Secretary for Nuclear Energy, Office of the Deputy Assistant Secretary for Uranium Enrichment
  • Enrichment contracting terms (base enrichment price, VTAO surcharge, enrichment tails assay).

Computing Environment:

• Hardware Used: IBM-compatible personal computer
• Operating System: MS-DOS
• Language/Software Used: Lotus 1-2-3, Version 1.0
• Memory Requirement: 640 Kb
• Storage Requirement: 27 Kb
• Estimated Run Time: On an IBM AT, 30-40 CPU seconds
• Special Features: Interactive.