Economics of nuclear power plants to the extent of 3.4 billion pounds. In general, coal and nuclear plants have the same types of operating costs (operations and maintenance plus fuel costs). However, nuclear has lower fuel costs but higher operating and maintenance costs. Nuclear plants require fissile fuel. Generally, the fuel used is uranium, although other materials may be used (See MOX fuel). In 2005, prices on the world market for uranium averaged US$20/lb (US$44.09/kg). On 2007-04-19, prices reached US$113/lb (US$249.12/kg). On 2008-07-02, the price had dropped to $59/lb. Fuel costs account for about 28% of a nuclear plant's operating expenses. As of 2013, half
Nuclear fuel A uranium oxide ceramic is formed into pellets and inserted into Zircaloy tubes that are bundled together. The Zircaloy tubes are about 1 cm in diameter, and the fuel cladding gap is filled with helium gas to improve the conduction of heat from the fuel to the cladding. There are about 179-264 fuel rods per fuel bundle and about 121 to 193 fuel bundles are loaded into a reactor core. Generally, the fuel bundles consist of fuel rods bundled 14×14 to 17×17. PWR fuel bundles are about 4 meters long. In PWR fuel bundles, control rods are inserted through the