1. 1 SEVERAL REMARKS ON THE FUEL CYCLE ECONOMY Roman Kubín, Rudolf Vespalec ALTA, a.s. CZECH REPUBLIC 17 th AER Symposium - September 2007, Yalta

2. 2 Fuel Cycle Economy -17th AER Symposium, Yalta 2007 FUEL PROCUREMENT – contract for fuel supply and associated services FUEL FEATURES AND LIMITS – safety/licensing/operating limits VENDOR´S SERVICES AND ASSISTANCE –documents or direct assistance QUALITY ASSURANCE- vendor´s QA, information databases

3. 3 Fuel cycle Economy -17th AER Symposium, Yalta 2007 TYPE OF THE CONTRACT – fabrication, turn-key FINANCIAL PROVISIONS – production schedule and payment regime, leading times FINAL PRICE – reference date, escalation formula

4. 4 Fuel cycle Economy – 17th AER Symposium, Yalta 2007 FUEL LIMITS – safety, licensing, operating limits vs future customer´s fuel cycle technology CORE PATTERNS – neutron economy, operating flexibility, the first loading pattern SAFETY ASSESSMENT – engineering coefficients, inaccuracies and errors

5. 5 Fuel Cycle Economy – 17th AER Symposium, Yalta 2007 VENDOR´S INVOLVEMENT – fuel substantiation and justification, licensing safety analyses, trial operation DOCUMENTS – instructions for handling and use, licensing support ASSISTANCE –technical support or work management, shipment arrangement POST-SUPPLY SERVICES - feedback

6. 6 Fuel cycle economy – 17th AER Symposium, Yalta 2007 QA AND INFORMATION – vendor´s QA system and information, production process monitoring FUEL WARRANTIES – mechanical limits, remedies, leakage monitoring DATABASES – production, physical, operating, failure analysis OPERATING RESULTS

7. 7 Fuel Cycle Economy – 17th AER Symposium, Yalta 2007 FUEL CYCLE PROCUREMENT AND FUEL CYCLE TECHNOLOGY FUEL CONTRACT EVALUATION – a set of characteristics for vendor choice (safety, operating, financial) FINAL CRITERIA – the price of produced/sold electricity, consumption of uranium