Modeling a Global View on Nuclear Fuel Leasing, Recycling, and Proliferation

The model was used to study fuel leasing possibilities after a system dynamics model was built to simulate fuel cycle interactions between two different nuclear organisations. The model was also used to assess the proliferation and economic consequences of a global leasing policy. An open fuel cycle results in large spent-fuel buildup in a nuclear expansion scenario. The leased fuel cycle, when combined with enhanced security and safety technologies, has the ability to alleviate proliferation concerns in a closed fuel cycle.