Nuclear Energy Economics Exam Click “next” to begin exam. Only one possible answer for each question. 1. Approximately how much of the cost of electricity for a home is dedicated to balancing the grid (vs. generating electricity)?a. 1/5b. 1/4c. 1/2d. 2/3e. 3/42. Why are high voltage, direct current (HVDC) transmissions systems becoming popular again?a. Lower costs for converting direct current to alternating currentb. Lower electrical transmission costs over distancec. No need for transformers that can break downd. All of the abovee. None of the above3. What areas of the world currently have complex, internationally integrated electrical transmission systems?a. North America & Latin Americab. Europe & North Americac. East Asia & Europed. Africa & the Middle Easte. Latin America & East Asia4. Asia lacks electrical transmission connections between nations due to:a. Economic reasonsb. Technical reasonsc. Political reasonsd. Cultural reasons5. Which energy sources are becoming cheaper and more popular?a. Nuclear powerb. Natural gasc. Renewable energyd. Coal generatione. A and Bf. B and C6. Over the few decades, the overnight costs of building a nuclear power plant have:a. Declinedb. Remained steadyc. Increasedd. No data either way7. The _____ of electricity refers to the lifetime cost of a power plant divided by the total number of kilowatts produced by the plant in its lifetime.a. Levelized costb. Overnight costc. Learning curved. Total cost8. Which types of energy receive subsidies in the US?a. Renewable energyb. Fossil fuelsc. Natural gasd. Nuclear powere. All of the above9. The "duck curve" refers to what?a. The difference between the overnight costs and levelized costs of power plantsb. The electrical demand that remains after subtracting the amount of intermittent renewable energy being supplied to the gridc. The decreasing cost of batteriesd. None of the above10. According to John Rowe, the former CEO of the world’s largest nuclear merchant electrical utility, Exelon, natural gas:a. Is the cleanest fossil fuelb. Is not as attractive to fuel new generating capacity as windc. Is more scarce than coald. Makes the US dependent on offshore resourcese. Will only be truly viable in the future13. What nuclear activities are most likely to make money?a. Production of medical isotopesb. Building new nuclear reactorsc. Uranium enrichmentd. All of the abovee. A and C14. Small Modular Reactors:a. Are all of roughly the same designb. Are likely to be cheaper per installed kilowatt than current reactors due to economies of scalec. Are not a nuclear weapons proliferation riskd. Will likely have lower construction costs than large reactorse. None of the above Name Email Time is Up!
