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
Oxy-fuel combustion process Oxy-fuel combustion process Oxy-fuel combustion is the process of burning a fuel using pure oxygen instead of air as the primary oxidant. Since the nitrogen component of air is not heated, fuel consumption is reduced, and higher flame temperatures are possible. Historically, the primary use of oxy-fuel combustion has been in welding and cutting of metals, especially steel, since oxy-fuel allows for higher flame temperatures than can be achieved with an air-fuel flame. There is currently research being done in firing fossil-fueled power plants with an oxygen-enriched gas mix instead of air. Almost all of the nitrogen is removed from