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Jacobs MCM- Quantitative Cost Analysis and Business Case Of Radi oacti ve Waste S tor age and Dispos al F acilities in S out h A ustr alia – Quantit ati ve C ost A nal ysis and Business C as e Radioactive Waste Storage and Disposal Facilities in South Australia – Quantitative Cost Analysis and Business Case Radioactive Waste Storage and Disposal Facilities in South Australia – Quantitative Cost Analysis and Business Case Project no: IW104700 Document title: Radioactive Waste Storage and Disposal Facilities in South Australia – Quantitative Cost Analysis and Business Case Revision: Draft Report V1 Date: 09 February 2016 Client name: South Australian Nuclear Fuel Cycle Royal Commission Client no: Jacobs Report (0.4) Project manager: Tim Johnson Authors: Darron Cook, Charles McCombie, Neil Chapman, Nigel Sullivan, Rohan Zauner, Tim Johnson File name: J:\IE\Projects\03_Southern\IW104700\21 Deliverables\Reformatted Docs for Client Release\09022016 Combined Papers V1.0.docx Jacobs Group (Australia) Pty Limited ABN 37 001 024 095 Floor 11, 452 Flinders Street Melbourne VIC 3000 PO Box 312, Flinders Lane Melbourne VIC 8009 Australia T +61 3 8668 3000 F +61 3 8668 3001 www.jacobs.com COPYRIGHT: The concepts and information contained in this document are the property of Jacobs Group (Australia) Pty Limited. Use or copying of this document in whole or in part without the written permission of Jacobs constitutes an infringement of copyright. Document history and status Revision Date Description By Review Approved V0 19 Jan 2016 For Client review Darron Darron Cook Darron Cook, team Cook V1 9 February For public consultation Tim Johnson Darron Cook Darron Cook IW104700 i Radioactive Waste Storage and Disposal Facilities in South Australia – Quantitative Cost Analysis and Business Case Contents Executive Summary ............................................................................................................................................... 1 Limitation Statement ........................................................................................................................................... 10 Introduction .......................................................................................................................................................... 11 Glossary ............................................................................................................................................................... 12 Paper 1 – Siting, development and operational concepts and costs for disposal and interim storage of radioactive wastes .............................................................................................................................. 16 1. Introduction .............................................................................................................................................. 16 2. Geological disposal facilities: matching design to geological environment .................................... 17 2.1 Introduction ................................................................................................................................................ 17 2.2 Conceptual basis of geological disposal ................................................................................................... 17 2.3 Siting a GDF .............................................................................................................................................. 20 2.4 Design features of the GDF for HLW / SF ................................................................................................. 33 2.5 Design features of the GDF for intermediate level waste (ILW) ................................................................ 38 2.6 Cost benchmarking for GDF ...................................................................................................................... 41 2.7 Applicability of benchmark GDF development costs to South Australia ................................................... 51 3. Interim (dry cask) storage facility .......................................................................................................... 52 3.1 Dry cask storage systems ......................................................................................................................... 52 3.2 Illustrative examples of dry storage systems ............................................................................................ 52 3.3 Selection of a dry cask system .................................................................................................................. 57 3.4 Interim storage facility siting costs ............................................................................................................. 64 3.5 Siting the interim storage facility (IFS or ISFS) ......................................................................................... 65 3.6 Decommissioning of Interim storage ......................................................................................................... 66 3.7 ISF siting and site work (to the point of operation) timeline ...................................................................... 66 3.8 Benchmark costing for interim storage ...................................................................................................... 67 3.9 Temporary storage of other wastes ........................................................................................................... 76 3.10 Conclusions for dry storage (interim storage facility) ................................................................................ 76 4. The low level waste repository (LLWR) ................................................................................................. 78 4.1 The LLWR design ...................................................................................................................................... 78 4.2 Siting the LLWR ......................................................................................................................................... 80 4.3 LLWR siting and site work (to the point of operation) timeline .................................................................. 81 4.4 Scale of LLW ............................................................................................................................................. 82 4.5 LLW cost benchmarks ............................................................................................................................... 82 5. Development of radioactive waste facilities ......................................................................................... 85 Paper 2 - Potential international inventories and revenues .......................................................................... 105 1. Introduction ............................................................................................................................................ 105 2. Approach to developing reference inventories .................................................................................. 106 2.1 Selection of potential client countries ...................................................................................................... 106 2.2 Assumptions in deriving country inventories ........................................................................................... 107 2.3 Inventories for selected countries ............................................................................................................ 108 3. Client willingness to pay....................................................................................................................... 116 3.1 Willingness to pay from published geological disposal costs .................................................................. 116 IW104700 ii Radioactive Waste Storage and Disposal Facilities in South Australia – Quantitative Cost Analysis and Business Case 3.2 Baseline worth to utility in divesting itself of nuclear fuel ........................................................................ 117 3.3 Spent fuel reprocessing costs ................................................................................................................. 119 3.4 Enhancements of willingness to pay ....................................................................................................... 119 3.5 Structured country programme opportunities .......................................................................................... 121 3.6 Programme financing at willingness to pay baseline level ...................................................................... 122 3.7 Achievable ‘willingness to pay’ over a programme ................................................................................. 122 3.8 Timing of revenues .................................................................................................................................. 124 3.9 Willingness to pay for ILW management and disposal ........................................................................... 124 3.10 Conclusions ............................................................................................................................................. 124 Paper 3 – Basis of capital cost estimates ....................................................................................................... 127 1. Introduction ............................................................................................................................................ 127 2. Basis
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