LEARNING BY ACCIDENT - REDUCTIONS IN THE RISK OF UNPLANNED OUTAGES INUS NUCLEAR-POWER-PLANTS AFTER THREE-MILE-ISLAND

Citation
Pa. David et al., LEARNING BY ACCIDENT - REDUCTIONS IN THE RISK OF UNPLANNED OUTAGES INUS NUCLEAR-POWER-PLANTS AFTER THREE-MILE-ISLAND, Journal of risk and uncertainty, 13(2), 1996, pp. 175-198
Citations number
48
Categorie Soggetti
Economics,"Business Finance
ISSN journal
08955646
Volume
13
Issue
2
Year of publication
1996
Pages
175 - 198
Database
ISI
SICI code
0895-5646(1996)13:2<175:LBA-RI>2.0.ZU;2-5
Abstract
This study uses a Cox proportional hazards model to analyze changes in the risk of unplanned outages in U.S. nuclear power plants after the Three Mile Island (TMI) accident. The unplanned outage hazard is relat ed to safety by the fact that most such outages begin with unplanned r eactor scrams. These place extreme stresses on plant equipment, increa sing the risk of serious accident. The estimates indicate that the Nuc lear Regulatory Commission (NRC)-led efforts to improve nuclear plant safety after TMI were followed by substantial reductions in the risk o f unplanned outages.