Document Type

Closed Project

Publication Date

Fall 1993


Richard R. Deckro

Course Title

Engineering Economic Analysis

Course Number

EMGT 535


The evolution of safety standards and criteria in the industry that supports the commercial generation of electricity from nuclear power stations is a continuing process that rest on a broad basis of scientific investigation and risk assessment. This paper is not another debate about whether a person is pro- or anti-nuclear. The intention of the author in this paper is to clarify the risks taken in nuclear plant and estimate the risks taken in a nuclear plant and estimate the amount of money spent to reduce those risks. It is very important nowadays to be able to strike a balance between the benefits foreseen from new technical development and the resources that have to deployed to achieve or to prove an acceptable level of safety


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