Calculation of the Present Value of Separative Work for Uranium Isotopes

Abstract

An economics-mathematical model for performing analytical calculations of the present value of separative work for uranium isotopes in a separation plant currently being designed using gas centrifuge technology is examined. Analytical expressions are obtained for the present value of the separative work, the internal rate of return, and the payback period of the separation plant as a function of its main engineering and economics parameters – productivity (capacity), capital investment, and operating expenses. Calculations of these criteria for investment efficiency are presented for a wide range of initial data. It is shown that the calculation of the present value of separative work must be performed in a complex with other investment efficiency criteria in order to determine their optimal combination.