This publication describes the various approaches to the
techno-economic assessment of a project for the long term operation
of a nuclear power plant in its specific market environment. It
examines the process of defining the technical scope required to
prolong the operating licences of nuclear power plants and
highlights the need for further studies on technical cost drivers
and economic assessments in order to better define the cost
boundaries of long term operation. Information is also provided on
the new IAEA software LTOFIN, which was developed to assist in
performing long term operation economic assessments within the
process described in the publication.
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