The Economics Modeling Working Group has upgraded existing nuclear-economic models, developed new ones where needed, addressing each of the following five economic areas: Capital/Production Cost Model (or Cost Model), Nuclear Fuel Cycle Model (or Fuel Model), Optimal Scale Model, and an Energy Products Model. Those five models have been integrated to provide a global economic assessment tool called G4Econs. This Integrated Nuclear Energy Economics Modelling tool, combining all of the nuclear-economic models described above, provides a robust tool for economic optimisation during the viability and performance phases of the Generation IV project.
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Disclaimer: The information contained in the GIF website and in documents that can be downloaded from the GIF website is aimed primarily at the general public and at those that have an interest in the research and development of Generation IV nuclear energy systems. The opinions expressed and arguments employed in this information do not necessarily reflect the official views of the GIF or the governments or national governmental agencies of their respective members. The GIF or the governments or national governmental agencies of their respective members, or any person acting on their behalf, make no statements, representations or warranties about the accuracy, completeness or reliability of this information and none may be held responsible for any use that may be made of it.