Numerical Study of Fluid Structure Interaction in Nuclear Reactor Applications

Flow-induced vibration (FIV) plays an important role in the nuclear industry. In nuclear power plants (NPP), the FIV may cause fatigue problems, stress corrosion cracking, possible failure modes and fretting wear. This in return can lead to nuclear safety issues and substantial stand-still costs due to unplanned outages. It is therefore...

Investment decisions under uncertainties: A case of nuclear power plants

This thesis discusses the role of flexibility of decisions when investing in projects that are affected by economic uncertainties. It uses the theory of real options to value such investment decisions. The thesis focuses on investment decisions related to nuclear power plants, which usually are affected by several sources of economic...