Graduate Thesis Or Dissertation
 

Evaluation of the economic risk from nuclear power

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https://ir.library.oregonstate.edu/concern/graduate_thesis_or_dissertations/7d278x57b

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  • The cost of ionizing radiation exposure to people and property has been estimated as between $10 and $250 per man-rem by several investigators in the early 70's. These values were considered acceptable by the International Commission on Radiological Protection (ICRP). However, in the U.S. Nuclear Regulatory Commission's (NRC) "Numerical guide for design objectives and limiting conditions for operation to meet the criterion 'as low as practicable' for radioactive material in Light Water Cooled Nuclear Power Reactor effluents", the value $1,000/man-rem is used as a standard for cost/benefit evaluation. It is the discrepancy between NRC's $1,000/man-rem and the much lower values accepted by the ICRP that initiated the interest of this study. Since the lower values were obtained by intuitive assumptions and simple calculations, the purpose of this study is to develop a more detailed method in an effort to estimate more precisely the costs due to radiation exposure, and hence the economic risk from nuclear power. Using the frequency distribution data for the various risks from nuclear accidents given in the NRC's Reactor Safety Study (RSS, 1975), this study will first calculate the expected (average) risks from this source. With the aid of various economic models, the expected risks are then converted to costs. Results obtained in this way will not only provide some insight for examining the cost effectiveness of different rule-settings, but also improve public understanding of the risk of nuclear accidents by expressing them in simple monetary terms.
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