Evaluation of Nuclear Knowledge Management for the Light Water Reactor and Fusion Reactor: A Case Study of Japan Atomic Energy Research Institute (JAERI)
In: Management Of Technology Innovation And Value Creation Selected Papers from the 16th International Conference on Management of Technology
AbstractFunds invested in a 45-year study of the light water reactor (LWR) technology in JAERI totaled 4.2b$ (billion dollars) for research including human resources of 34,718 man × years. The benefits to taxpayers from this JAERI work was estimated to be about 6.3 b$, resulting in a favorable cost-benefit ratio of 1.5 (6.3/4.2). Funds invested in the 32-year study of FR were 5.4b$ for R&D and 0.6b$ (6,331 man × years) for personnel. Estimates are that after commercialization in 2050, the share of FR will reach 23.4% in year 2100 and that a commercialized FR will generate revenue from electricity as high as 1,687b$ during the period 2050-2100.
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