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Sample records for burnup credit applications

  1. Strategies for Application of Isotopic Uncertainties in Burnup Credit

    Energy Technology Data Exchange (ETDEWEB)

    Gauld, I.C.

    2002-12-23

    Uncertainties in the predicted isotopic concentrations in spent nuclear fuel represent one of the largest sources of overall uncertainty in criticality calculations that use burnup credit. The methods used to propagate the uncertainties in the calculated nuclide concentrations to the uncertainty in the predicted neutron multiplication factor (k{sub eff}) of the system can have a significant effect on the uncertainty in the safety margin in criticality calculations and ultimately affect the potential capacity of spent fuel transport and storage casks employing burnup credit. Methods that can provide a more accurate and realistic estimate of the uncertainty may enable increased spent fuel cask capacity and fewer casks needing to be transported, thereby reducing regulatory burden on licensee while maintaining safety for transporting spent fuel. This report surveys several different best-estimate strategies for considering the effects of nuclide uncertainties in burnup-credit analyses. The potential benefits of these strategies are illustrated for a prototypical burnup-credit cask design. The subcritical margin estimated using best-estimate methods is discussed in comparison to the margin estimated using conventional bounding methods of uncertainty propagation. To quantify the comparison, each of the strategies for estimating uncertainty has been performed using a common database of spent fuel isotopic assay measurements for pressurized-light-water reactor fuels and predicted nuclide concentrations obtained using the current version of the SCALE code system. The experimental database applied in this study has been significantly expanded to include new high-enrichment and high-burnup spent fuel assay data recently published for a wide range of important burnup-credit actinides and fission products. Expanded rare earth fission-product measurements performed at the Khlopin Radium Institute in Russia that contain the only known publicly-available measurement for {sup 103

  2. Impact investigation of reactor fuel operating parameters on reactivity for use in burnup credit applications

    Science.gov (United States)

    Sloma, Tanya Noel

    When representing the behavior of commercial spent nuclear fuel (SNF), credit is sought for the reduced reactivity associated with the net depletion of fissile isotopes and the creation of neutron-absorbing isotopes, a process that begins when a commercial nuclear reactor is first operated at power. Burnup credit accounts for the reduced reactivity potential of a fuel assembly and varies with the fuel burnup, cooling time, and the initial enrichment of fissile material in the fuel. With regard to long-term SNF disposal and transportation, tremendous benefits, such as increased capacity, flexibility of design and system operations, and reduced overall costs, provide an incentive to seek burnup credit for criticality safety evaluations. The Nuclear Regulatory Commission issued Interim Staff Guidance 8, Revision 2 in 2002, endorsing burnup credit of actinide composition changes only; credit due to actinides encompasses approximately 30% of exiting pressurized water reactor SNF inventory and could potentially be increased to 90% if fission product credit were accepted. However, one significant issue for utilizing full burnup credit, compensating for actinide and fission product composition changes, is establishing a set of depletion parameters that produce an adequately conservative representation of the fuel's isotopic inventory. Depletion parameters can have a significant effect on the isotopic inventory of the fuel, and thus the residual reactivity. This research seeks to quantify the reactivity impact on a system from dominant depletion parameters (i.e., fuel temperature, moderator density, burnable poison rod, burnable poison rod history, and soluble boron concentration). Bounding depletion parameters were developed by statistical evaluation of a database containing reactor operating histories. The database was generated from summary reports of commercial reactor criticality data. Through depletion calculations, utilizing the SCALE 6 code package, several light

  3. ISOTOPIC MODEL FOR COMMERCIAL SNF BURNUP CREDIT

    Energy Technology Data Exchange (ETDEWEB)

    A.H. Wells

    2004-11-17

    The purpose of this report is to demonstrate a process for selecting bounding depletion parameters, show that they are conservative for pressurized water reactor (PWR) and boiling water reactor (BWR) spent nuclear fuel (SNF), and establish the range of burnup for which the parameters are conservative. The general range of applicability is for commercial light water reactor (LWR) SNF with initial enrichments between 2.0 and 5.0 weight percent {sup 235}U and burnups between 10 and 50 gigawatt-day per metric ton of uranium (GWd/MTU).

  4. Effect of Control Blade History, and Axial Coolant Density and Burnup Profiles on BWR Burnup Credit

    Energy Technology Data Exchange (ETDEWEB)

    Ade, Brian J [ORNL; Marshall, William BJ J [ORNL; Martinez-Gonzalez, Jesus S [ORNL

    2015-05-01

    Oak Ridge National Laboratory (ORNL) and the US Nuclear Regulatory Commission (NRC) have initiated a multiyear project to investigate the application of burnup credit (BUC) for boiling water reactor (BWR) fuel in storage and transportation systems (often referred to as casks) and spent fuel pools (SFPs). This work is divided into two main phases. The first phase investigated the applicability of peak reactivity methods currently used in SFPs to transportation and storage casks and the validation of reactivity calculations and spent fuel compositions within these methods. The second phase focuses on extending BUC beyond peak reactivity. This paper documents the analysis of the effects of control blade insertion history, and moderator density and burnup axial profiles for extended BWR BUC.

  5. Topical Report on Actinide-Only Burnup Credit for PWR Spent Nuclear Fuel Packages. Revision 2

    Energy Technology Data Exchange (ETDEWEB)

    None, None

    1998-09-01

    The objective of this topical report is to present to the NRC for review and acceptance a methodology for using burnup credit in the design of criticality control systems for PWR spent fuel transportation packages, while maintaining the criticality safety margins and related requirements of 10 CFR Part 71 and 72. The proposed methodology consists of five major steps as summarized below: (1) Validate a computer code system to calculate isotopic concentrations in SNF created during burnup in the reactor core and subsequent decay. (2) Validate a computer code system to predict the subcritical multiplication factor, keff, of a spent nuclear fuel package. (3) Establish bounding conditions for the isotopic concentration and criticality calculations. (4) Use the validated codes and bounding conditions to generate package loading criteria (burnup credit loading curves). and (5) Verify that SNF assemblies meet the package loading criteria and confirm proper fuel assembly selection prior to loading. (This step is required but the details are outside the scope of this topical report.) When reviewed and accepted by the NRC, this topical report will serve as a criterion document for criticality control analysts and will provide steps for the use of actinide-only burnup credit in the design of criticality control systems. The NRC-accepted burnup credit methodology will be used by commercial SNF storage and transportation package designers. Design-specific burnup credit criticality analyses will be defined, developed, and documented in the Safety Analysis Report (SAR) for each specific storage or transportation package that uses burnup credit. These SARs will then be submitted to the NRC for review and approval. This topical report is expected to be referenced in a number of storage and transportation cask applications to be submitted by commercial cask and canister designers to the NRC. Therefore, NRC acceptance of this topical report will result in increased efficiency of the

  6. Technical Data to Justify Full Burnup Credit in Criticality Safety Licensing Analysis

    Energy Technology Data Exchange (ETDEWEB)

    Enercon Services, Inc.

    2011-03-14

    ENERCON's understanding of the difficult issues related to obtaining and analyzing additional cross section test data to support Full Burnup Credit. A PIRT (Phenomena Identification and Ranking Table) analysis was performed by ENERCON to evaluate the costs and benefits of acquiring different types of nuclear data in support of Full Burnup Credit. A PIRT exercise is a formal expert elicitation process with the final output being the ranking tables. The PIRT analysis (Table 7-4: Results of PIRT Evaluation) showed that the acquisition of additional Actinide-Only experimental data, although beneficial, was associated with high cost and is not necessarily needed. The conclusion was that the existing Radiochemical Assay (RCA) data plus the French Haut Taux de Combustion (HTC)2 and handbook Laboratory Critical Experiment (LCE) data provide adequate benchmark validation for Actinide-Only Burnup Credit. The PIRT analysis indicated that the costs and schedule to obtain sufficient additional experimental data to support the addition of 16 fission products to Actinide-Only Burnup Credit to produce Full Burnup Credit are quite substantial. ENERCON estimates the cost to be $50M to $100M with a schedule of five or more years. The PIRT analysis highlights another option for fission product burnup credit, which is the application of computer-based uncertainty analyses (S/U - Sensitivity/Uncertainty methodologies), confirmed by the limited experimental data that is already available. S/U analyses essentially transform cross section uncertainty information contained in the cross section libraries into a reactivity bias and uncertainty. Recent work by ORNL and EPRI has shown that a methodology to support Full Burnup Credit is possible using a combination of traditional RCA and LCE validation plus S/U validation for fission product isotopics and cross sections. Further, the most recent cross section data (ENDF/B-VII) can be incorporated into the burnup credit codes at a reasonable cost

  7. Effect of Control Blade History, and Axial Coolant Density and Burnup Profiles on BWR Burnup Credit

    Energy Technology Data Exchange (ETDEWEB)

    Marshall, William BJ J [ORNL

    2016-01-01

    A technical basis for peak reactivity boiling water reactor (BWR) burnup credit (BUC) methods was recently generated, and the technical basis for extended BWR BUC is now being developed. In this paper, a number of effects related to extended BWR BUC are analyzed, including three major operational effects in BWRs: the coolant density axial distribution, the use of control blades during operation, and the axial burnup profile. Specifically, uniform axial moderator density profiles are analyzed and compared to previous results and an additional temporal fidelity study combing moderator density profiles for three different fuel assemblies is presented. Realistic control blade histories and cask criticality results are compared to previously generated constructed control blade histories. Finally, a preliminary study of the axial burnup profile is provided.

  8. Technical Basis for Peak Reactivity Burnup Credit for BWR Spent Nuclear Fuel in Storage and Transportation Systems

    Energy Technology Data Exchange (ETDEWEB)

    Marshall, William BJ J [ORNL; Ade, Brian J [ORNL; Bowman, Stephen M [ORNL; Gauld, Ian C [ORNL; Ilas, Germina [ORNL; Mertyurek, Ugur [ORNL; Radulescu, Georgeta [ORNL

    2015-01-01

    Oak Ridge National Laboratory and the United States Nuclear Regulatory Commission have initiated a multiyear project to investigate application of burnup credit for boiling-water reactor (BWR) fuel in storage and transportation casks. This project includes two phases. The first phase (1) investigates applicability of peak reactivity methods currently used in spent fuel pools (SFPs) to storage and transportation systems and (2) evaluates validation of both reactivity (keff) calculations and burnup credit nuclide concentrations within these methods. The second phase will focus on extending burnup credit beyond peak reactivity. This paper documents the first phase, including an analysis of lattice design parameters and depletion effects, as well as both validation components. Initial efforts related to extended burnup credit are discussed in a companion paper. Peak reactivity analyses have been used in criticality analyses for licensing of BWR fuel in SFPs over the last 20 years. These analyses typically combine credit for the gadolinium burnable absorber present in the fuel with a modest amount of burnup credit. Gadolinium burnable absorbers are used in BWR assemblies to control core reactivity. The burnable absorber significantly reduces assembly reactivity at beginning of life, potentially leading to significant increases in assembly reactivity for burnups less than 15–20 GWd/MTU. The reactivity of each fuel lattice is dependent on gadolinium loading. The number of gadolinium-bearing fuel pins lowers initial lattice reactivity, but it has a small impact on the burnup and reactivity of the peak. The gadolinium concentration in each pin has a small impact on initial lattice reactivity but a significant effect on the reactivity of the peak and the burnup at which the peak occurs. The importance of the lattice parameters and depletion conditions are primarily determined by their impact on the gadolinium depletion. Criticality code validation for BWR burnup

  9. Topical report on actinide-only burnup credit for PWR spent nuclear fuel packages. Revision 1

    Energy Technology Data Exchange (ETDEWEB)

    None, None

    1997-04-01

    A methodology for performing and applying nuclear criticality safety calculations, for PWR spent nuclear fuel (SNF) packages with actinide-only burnup credit, is described. The changes in the U-234, U-235, U-236, U-238, Pu-238, Pu-239, Pu-240, Pu-241, Pu-242, and Am-241 concentration with burnup are used in burnup credit criticality analyses. No credit for fission product neutron absorbers is taken. The methodology consists of five major steps. (1) Validate a computer code system to calculate isotopic concentrations of SNF created during burnup in the reactor core and subsequent decay. A set of chemical assay benchmarks is presented for this purpose as well as a method for assessing the calculational bias and uncertainty, and conservative correction factors for each isotope. (2) Validate a computer code system to predict the subcritical multiplication factor, k{sub eff}, of a spent nuclear fuel package. Fifty-seven UO{sub 2}, UO{sub 2}/Gd{sub 2}O{sub 3}, and UO{sub 2}/PuO{sub 2} critical experiments have been selected to cover anticipated conditions of SNF. The method uses an upper safety limit on k{sub eff} (which can be a function of the trending parameters) such that the biased k{sub eff}, when increased for the uncertainty is less than 0.95. (3) Establish bounding conditions for the isotopic concentration and criticality calculations. Three bounding axial profiles have been established to assure the ''end effect'' is accounted for conservatively. (4) Use the validated codes and bounding conditions to generate package loading criteria (burnup credit loading curves). Burnup credit loading curves show the minimum burnup required for a given initial enrichment. The utility burnup record is compared to this requirement after the utility accounts for the uncertainty in its record. Separate curves may be generated for each assembly design, various minimum cooling times and burnable absorber histories. (5) Verify that SNF assemblies meet the package

  10. Impact of Reactor Operating Parameters on Cask Reactivity in BWR Burnup Credit

    Energy Technology Data Exchange (ETDEWEB)

    Ilas, Germina [ORNL; Betzler, Benjamin R [ORNL; Ade, Brian J [ORNL

    2017-01-01

    This paper discusses the effect of reactor operating parameters used in fuel depletion calculations on spent fuel cask reactivity, with relevance for boiling-water reactor (BWR) burnup credit (BUC) applications. Assessments that used generic BWR fuel assembly and spent fuel cask configurations are presented. The considered operating parameters, which were independently varied in the depletion simulations for the assembly, included fuel temperature, bypass water density, specific power, and operating history. Different operating history scenarios were considered for the assembly depletion to determine the effect of relative power distribution during the irradiation cycles, as well as the downtime between cycles. Depletion, decay, and criticality simulations were performed using computer codes and associated nuclear data within the SCALE code system. Results quantifying the dependence of cask reactivity on the assembly depletion parameters are presented herein.

  11. Technical Development on Burn-up Credit for Spent LWR Fuel

    Energy Technology Data Exchange (ETDEWEB)

    Gauld, I.C.

    2001-12-26

    Technical development on burn-up credit for spent LWR fuels had been performed at JAERI since 1990 under the contract with Science and Technology Agency of Japan entitled ''Technical Development on Criticality Safety Management for Spent LWR Fuels.'' Main purposes of this work are to obtain the experimental data on criticality properties and isotopic compositions of spent LWR fuels and to verify burnup and criticality calculation codes. In this work three major experiments of exponential experiments for spent fuel assemblies to obtain criticality data, non-destructive gamma-ray measurement of spent fuel rods for evaluating axial burn-up profiles, and destructive analyses of spent fuel samples for determining precise burn-up and isotopic compositions were carried out. The measured data obtained were used for validating calculation codes as well as an examination of criticality safety analyses. Details of the work are described in this report.

  12. Technical development on burn-up credit for spent LWR fuels

    Energy Technology Data Exchange (ETDEWEB)

    Nakahara, Yoshinori; Suyama, Kenya; Suzaki, Takenori [eds.] [Japan Atomic Energy Research Inst., Tokai, Ibaraki (Japan). Tokai Research Establishment

    2000-10-01

    Technical development on burn-up credit for spent LWR fuels had been performed at JAERI since 1990 under the contract with Science and Technology Agency of Japan entitled 'Technical Development on Criticality Safety Management for Spent LWR Fuels'. Main purposes of this work are to obtain the experimental data on criticality properties and isotopic compositions of spent LWR fuels and to verify burn-up and criticality calculation codes. In this work three major experiments of exponential experiments for spent fuel assemblies to obtain criticality data, non-destructive gamma-ray measurement of spent fuel rods for evaluating axial burn-up profiles, and destructive analyses of spent fuel samples for determining precise burn-up and isotopic compositions were carried out. The measured data obtained were used for validating calculation codes as well as an examination of criticality safety analyses. Details of the work are described in this report. (author)

  13. OECD/NEA Burnup Credit Calculational Criticality Benchmark Phase I-B Results

    Energy Technology Data Exchange (ETDEWEB)

    DeHart, M.D.

    1993-01-01

    Burnup credit is an ongoing technical concern for many countries that operate commercial nuclear power reactors. In a multinational cooperative effort to resolve burnup credit issues, a Burnup Credit Working Group has been formed under the auspices of the Nuclear Energy Agency of the Organization for Economic Cooperation and Development. This working group has established a set of well-defined calculational benchmarks designed to study significant aspects of burnup credit computational methods. These benchmarks are intended to provide a means for the intercomparison of computer codes, methods, and data applied in spent fuel analysis. The benchmarks have been divided into multiple phases, each phase focusing on a particular feature of burnup credit analysis. This report summarizes the results and findings of the Phase I-B benchmark, which was proposed to provide a comparison of the ability of different code systems and data libraries to perform depletion analysis for the prediction of spent fuel isotopic concentrations. Results included here represent 21 different sets of calculations submitted by 16 different organizations worldwide, and are based on a limited set of nuclides determined to have the most important effect on the neutron multiplication factor of light-water-reactor spent fuel. A comparison of all sets of results demonstrates that most methods are in agreement to within 10% in the ability to estimate the spent fuel concentrations of most actinides. All methods are within 11% agreement about the average for all fission products studied. Furthermore, most deviations are less than 10%, and many are less than 5%. The exceptions are {sup 149}Sm, {sup 151}Sm, and {sup 155}Gd.

  14. OECD/NEA burnup credit calculational criticality benchmark Phase I-B results

    Energy Technology Data Exchange (ETDEWEB)

    DeHart, M.D.; Parks, C.V. [Oak Ridge National Lab., TN (United States); Brady, M.C. [Sandia National Labs., Las Vegas, NV (United States)

    1996-06-01

    In most countries, criticality analysis of LWR fuel stored in racks and casks has assumed that the fuel is fresh with the maximum allowable initial enrichment. This assumption has led to the design of widely spaced and/or highly poisoned storage and transport arrays. If credit is assumed for fuel burnup, initial enrichment limitations can be raised in existing systems, and more compact and economical arrays can be designed. Such reliance on the reduced reactivity of spent fuel for criticality control is referred to as burnup credit. The Burnup Credit Working Group, formed under the auspices of the Nuclear Energy Agency of the Organization for Economic Cooperation and Development, has established a set of well-defined calculational benchmarks designed to study significant aspects of burnup credit computational methods. These benchmarks are intended to provide a means for the intercomparison of computer codes, methods, and data applied in spent fuel analysis. The benchmarks have been divided into multiple phases, each phase focusing on a particular feature of burnup credit analysis. This report summarizes the results and findings of the Phase I-B benchmark, which was proposed to provide a comparison of the ability of different code systems and data libraries to perform depletion analysis for the prediction of spent fuel isotopic concentrations. Results included here represent 21 different sets of calculations submitted by 16 different organizations worldwide and are based on a limited set of nuclides determined to have the most important effect on the neutron multiplication factor of light-water-reactor spent fuel. A comparison of all sets of results demonstrates that most methods agree to within 10% in the ability to estimate the spent fuel concentrations of most actinides. All methods agree within 11% about the average for all fission products studied. Most deviations are less than 10%, and many are less than 5%. The exceptions are Sm 149, Sm 151, and Gd 155.

  15. Quantification of the computational accuracy of code systems on the burn-up credit using experimental re-calculations; Quantifizierung der Rechengenauigkeit von Codesystemen zum Abbrandkredit durch Experimentnachrechnungen

    Energy Technology Data Exchange (ETDEWEB)

    Behler, Matthias; Hannstein, Volker; Kilger, Robert; Moser, Franz-Eberhard; Pfeiffer, Arndt; Stuke, Maik

    2014-06-15

    In order to account for the reactivity-reducing effect of burn-up in the criticality safety analysis for systems with irradiated nuclear fuel (''burnup credit''), numerical methods to determine the enrichment and burnup dependent nuclide inventory (''burnup code'') and its resulting multiplication factor k{sub eff} (''criticality code'') are applied. To allow for reliable conclusions, for both calculation systems the systematic deviations of the calculation results from the respective true values, the bias and its uncertainty, are being quantified by calculation and analysis of a sufficient number of suitable experiments. This quantification is specific for the application case under scope and is also called validation. GRS has developed a methodology to validate a calculation system for the application of burnup credit in the criticality safety analysis for irradiated fuel assemblies from pressurized water reactors. This methodology was demonstrated by applying the GRS home-built KENOREST burnup code and the criticality calculation sequence CSAS5 from SCALE code package. It comprises a bounding approach and alternatively a stochastic, which both have been exemplarily demonstrated by use of a generic spent fuel pool rack and a generic dry storage cask, respectively. Based on publicly available post irradiation examination and criticality experiments, currently the isotopes of uranium and plutonium elements can be regarded for.

  16. Parametric Study of the Effect of Burnable Poison Rods for PWR Burnup Credit

    Energy Technology Data Exchange (ETDEWEB)

    Wagner, J.C.

    2001-09-28

    The Interim Staff Guidance on burnup credit (ISG-8) issued by the United States Nuclear Regulatory Commission's (U.S. NRC) Spent Fuel Project Office recommends restricting the use of burnup credit to assemblies that have not used burnable absorbers. This recommended restriction eliminates a large portion of the currently discharged spent fuel assemblies from cask loading, and thus severely limits the practical usefulness of burnup credit. In the absence of readily available information on burnable poison rod (BPR) design specifications and usage in U.S. pressurized-water-reactors (PWRs), and the subsequent reactivity effect of BPR exposure on discharged spent nuclear fuel (SNF), NRC staff has indicated a need for additional information in these areas. In response, this report presents a parametric study of the effect of BPR exposure on the reactivity of SNF for various BPR designs, fuel enrichments, and exposure conditions, and documents BPR design specifications. Trends in the reactivity effects of BPRs are established with infinite pin-cell and assembly array calculations with the SCALE and HELIOS code packages, respectively. Subsequently, the reactivity effects of BPRs for typical initial enrichment and burnup combinations are quantified based on three-dimensional (3-D) KENO V.a Monte Carlo calculations with a realistic rail-type cask designed for burnup credit. The calculations demonstrate that the positive reactivity effect due to BPR exposure increases nearly linearly with burnup and is dependent on the number, poison loading, and design of the BPRs and the initial fuel enrichment. Expected typical reactivity increases, based on one-cycle BPR exposure, were found to be less than 1% {Delta}k. Based on the presented analysis, guidance is offered on an appropriate approach for calculating bounding SNF isotopic data for assemblies exposed to BPRs. Although the analyses do not address the issue of validation of depletion methods for assembly designs with BPRs

  17. Sensitivity and parametric evaluations of significant aspects of burnup credit for PWR spent fuel packages

    Energy Technology Data Exchange (ETDEWEB)

    DeHart, M.D.

    1996-05-01

    Spent fuel transportation and storage cask designs based on a burnup credit approach must consider issues that are not relevant in casks designed under a fresh-fuel loading assumption. For example, the spent fuel composition must be adequately characterized and the criticality analysis model can be complicated by the need to consider axial burnup variations. Parametric analyses are needed to characterize the importance of fuel assembly and fuel cycle parameters on spent fuel composition and reactivity. Numerical models must be evaluated to determine the sensitivity of criticality safety calculations to modeling assumptions. The purpose of this report is to describe analyses and evaluations performed in order to demonstrate the effect physical parameters and modeling assumptions have on the criticality analysis of spent fuel. The analyses in this report include determination and ranking of the most important actinides and fission products; study of the effect of various depletion scenarios on subsequent criticality calculations; establishment of trends in neutron multiplication as a function of fuel enrichment, burnup, cooling time- and a parametric and modeling evaluation of three-dimensional effects (e.g., axially varying burnup and temperature/density effects) in a conceptual cask design. The sensitivity and parametric evaluations were performed with the consideration of two different burnup credit approaches: (1) only actinides in the fuel are considered in the criticality analysis, and (2) both actinides and fission products are considered. Calculations described in this report were performed using the criticality and depletion sequences available in the SCALE code system and the SCALE 27-group burnup library. Although the results described herein do not constitute a validation of SCALE for use in spent fuel analysis, independent validation efforts have been completed and are described in other reports.

  18. Needs of reliable nuclear data and covariance matrices for Burnup Credit in JEFF-3 library

    Directory of Open Access Journals (Sweden)

    Lecarpentier D.

    2013-03-01

    Full Text Available Burnup Credit (BUC is the concept which consists in taking into account credit for the reduction of nuclear spent fuel reactivity due to its burnup. In the case of PWR-MOx spent fuel, studies pointed out that the contribution of the 15 most absorbing, stable and non-volatile fission products selected to the credit is as important as the one of the actinides. In order to get a “best estimate” value of the keff, biases of their inventory calculation and individual reactivity worth should be considered in criticality safety studies. This paper enhances the most penalizing bias towards criticality and highlights possible improvements of nuclear data for the 15 FPs of PWRMOx BUC. Concerning the fuel inventory, trends in function of the burnup can be derived from experimental validation of the DARWIN-2.3 package (using the JEFF-3.1.1/SHEM library. Thanks to the BUC oscillation programme of separated FPs in the MINERVE reactor and fully validated scheme PIMS, calculation over experiment ratios can be accurately transposed to tendencies on the FPs integral cross sections.

  19. Radiochemical Assays of Irradiated VVER-440 Fuel for Use in Spent Fuel Burnup Credit Activities

    Energy Technology Data Exchange (ETDEWEB)

    Jardine, L J

    2005-04-25

    The objective of this spent fuel burnup credit work was to study and describe a VVER-440 reactor spent fuel assembly (FA) initial state before irradiation, its operational irradiation history and the resulting radionuclide distribution in the fuel assembly after irradiation. This work includes the following stages: (1) to pick out and select a specific spent (irradiated) FA for examination; (2) to describe the FA initial state before irradiation; (3) to describe the irradiation history, including thermal calculations; (4) to examine the burnup distribution of select radionuclides along the FA height and cross-section; (5) to examine the radionuclide distributions; (6) to determine the Kr-85 release into the plenum; (7) to select and prepare FA rod specimens for destructive examinations; (8) to determine the radionuclide compositions, isotope masses and burnup in the rod specimens; and (9) to analyze, document and process the results. The specific workscope included the destructive assay (DA) of spent fuel assembly rod segments with an {approx}38.5 MWd/KgU burnup from a single VVER-440 fuel assembly from the Novovorenezh reactor in Russia. Based on irradiation history criteria, four rods from the fuel assembly were selected and removed from the assembly for examination. Next, 8 sections were cut from the four rods and sent for destructive analysis of radionuclides by radiochemical analyses. The results were documented in a series of seven reports over a period of {approx}1 1/2 years.

  20. Coolant Density and Control Blade History Effects in Extended BWR Burnup Credit

    Energy Technology Data Exchange (ETDEWEB)

    Ade, Brian J [ORNL; Marshall, William BJ J [ORNL; Bowman, Stephen M [ORNL; Gauld, Ian C [ORNL; Ilas, Germina [ORNL; Martinez-Gonzalez, Jesus S [ORNL

    2015-01-01

    Oak Ridge National Laboratory and the US Nuclear Regulatory Commission have initiated a multiyear project to investigate the application of burnup credit (BUC) for boiling water reactor (BWR) fuel in storage and transportation casks. This project includes two phases. The first phase investigates the applicability of peak reactivity methods currently used for spent fuel pools to spent fuel storage and transportation casks and the validation of reactivity (keff) calculations and predicted spent fuel compositions. The second phase focuses on extending BUC beyond peak reactivity. This paper documents work performed to date investigating some aspects of extended BUC. (The technical basis for application of peak reactivity methods to BWR fuel in storage and transportation systems is presented in a companion paper.) Two reactor operating parameters are being evaluated to establish an adequate basis for extended BWR BUC: (1) the effect of axial void profile and (2) the effect of control blade utilization during operation. A detailed analysis of core simulator data for one cycle of a modern operating BWR plant was performed to determine the range of void profiles and the variability of the profile experienced during irradiation. Although a single cycle does not provide complete data, the data obtained are sufficient to determine the primary effects and to identify conservative modeling approaches. These data were used in a study of the effect of axial void profile. The first stage of the study was determination of the necessary moderator density temporal fidelity in depletion modeling. After the required temporal fidelity was established, multiple void profiles were used to examine the effect on cask reactivity. The results of these studies are being used to develop recommendations for conservatively modeling the void profile effects for BWR depletion calculations. The second operational parameter studied was control blade history. Control blades are inserted in

  1. Burn-up credit in criticality safety of PWR spent fuel

    Energy Technology Data Exchange (ETDEWEB)

    Mahmoud, Rowayda F., E-mail: Rowayda_mahmoud@yahoo.com [Metallurgy Department, Nuclear Research Center, Atomic Energy Authority (Egypt); Shaat, Mohamed K. [Nuclear Engineering, Reactors Department, Nuclear Research Center, Atomic Energy Authority (Egypt); Nagy, M.E.; Agamy, S.A. [Professor of Nuclear Engineering, Nuclear and Radiation Department, Alexandria University (Egypt); Abdelrahman, Adel A. [Metallurgy Department, Nuclear Research Center, Atomic Energy Authority (Egypt)

    2014-12-15

    Highlights: • Designing spent fuel wet storage using WIMS-5D and MCNP-5 code. • Studying fresh and burned fuel with/out absorber like “B{sub 4}C and Ag–In–Cd” in racks. • Sub-criticality was confirmed for fresh and burned fuel under specific cases. • Studies for BU credit recommend increasing fuel burn-up to 60.0 GWD/MTU. • Those studies require new core structure materials, fuel composition and cladding. - Abstract: The criticality safety calculations were performed for a proposed design of a wet spent fuel storage pool. This pool will be used for the storage of spent fuel discharged from a typical pressurized water reactor (PWR). The mathematical model based on the international validated codes, WIMS-5 and MCNP-5 were used for calculating the effective multiplication factor, k{sub eff}, for the spent fuel stored in the pool. The data library for the multi-group neutron microscopic cross-sections was used for the cell calculations. The k{sub eff} was calculated for several changes in water density, water level, assembly pitch and burn-up with different initial fuel enrichment and new types and amounts of fixed absorbers. Also, k{sub eff} was calculated for the conservative fresh fuel case. The results of the calculations confirmed that the effective multiplication factor for the spent fuel storage is sub-critical for all normal and abnormal states. The future strategy for the burn-up credit recommends increasing the fuel burn-up to a value >60.0 GWD/MTU, which requires new fuel composition and new fuel cladding material with the assessment of the effects of negative reactivity build up.

  2. Criticality Analysis of Assembly Misload in a PWR Burnup Credit Cask

    Energy Technology Data Exchange (ETDEWEB)

    Wagner, J. C. [Oak Ridge National Lab. (ORNL), Oak Ridge, TN (United States)

    2008-01-31

    The Interim Staff Guidance on bumup credit (ISG-8) for spent fuel in storage and transportation casks, issued by the Nuclear Regulatory Commission's Spent Fuel Project Office, recommends a bumup measurement for each assembly to confirm the reactor record and compliance with the assembly bumup value used for loading acceptance. This recommendation is intended to prevent unauthorized loading (misloading) of assemblies due to inaccuracies in reactor burnup records and/or improper assembly identification, thereby ensuring that the appropriate subcritical margin is maintained. This report presents a computational criticality safety analysis of the consequences of misloading fuel assemblies in a highcapacity cask that relies on burnup credit for criticality safety. The purpose of this report is to provide a quantitative understanding of the effects of fuel misloading events on safety margins. A wide variety of fuel-misloading configurations are investigated and results are provided for informational purposes. This report does not address the likelihood of occurrence for any of the misload configurations considered. For representative, qualified bumup-enrichment combinations, with and without fission products included, misloading two assemblies that are underburned by 75% results in an increase in keff of 0.025-0.045, while misloading four assemblies that are underburned by 50% also results in an increase in keff of 0.025-0.045. For the cask and conditions considered, a reduction in bumup of 20% in all assemblies results in an increase in kff of less than 0.035. Misloading a single fresh assembly with 3, 4, or 5 wt% 235U enrichment results in an increase in keffof--0.02, 0.04, or 0.06, respectively. The report concludes with a summary of these and other important findings, as well as a discussion of relevant issues that should be considered when assessing the appropriate role of burnup measurements.

  3. Evaluation of fission product worth margins in PWR spent nuclear fuel burnup credit calculations.

    Energy Technology Data Exchange (ETDEWEB)

    Blomquist, R.N.; Finck, P.J.; Jammes, C.; Stenberg, C.G.

    1999-02-17

    Current criticality safety calculations for the transportation of irradiated LWR fuel make the very conservative assumption that the fuel is fresh. This results in a very substantial overprediction of the actual k{sub eff} of the transportation casks; in certain cases, this decreases the amount of spent fuel which can be loaded in a cask, and increases the cost of transporting the spent fuel to the repository. Accounting for the change of reactivity due to fuel depletion is usually referred to as ''burnup credit.'' The US DOE is currently funding a program aimed at establishing an actinide only burnup credit methodology (in this case, the calculated reactivity takes into account the buildup or depletion of a limited number of actinides). This work is undergoing NRC review. While this methodology is being validated on a significant experimental basis, it implicitly relies on additional margins: in particular, the absorption of neutrons by certain actinides and by all fission products is not taken into account. This provides an important additional margin and helps guarantee that the methodology is conservative provided these neglected absorption are known with reasonable accuracy. This report establishes the accuracy of fission product absorption rate calculations: (1) the analysis of European fission product worth experiments demonstrates that fission product cross-sections available in the US provide very good predictions of fission product worth; (2) this is confirmed by a direct comparison of European and US cross section evaluations; (3) accuracy of Spent Nuclear Fuel (SNF) fission product content predictions is established in a recent ORNL report where several SNF isotopic assays are analyzed; and (4) these data are then combined to establish in a conservative manner the fraction of the predicted total fission product absorption which can be guaranteed based on available experimental data.

  4. A criticality analysis of the GBC-32 dry storage cask with Hanbit nuclear power plant unit 3 fuel assemblies from the viewpoint of burnup credit

    Energy Technology Data Exchange (ETDEWEB)

    Yun, Hyung Ju; Kim, Do Yeon; Park, Kwang Heon; Hong, Ser Gi [Dept. of Nuclear Engineering, Kyung Hee University, Seoul (Korea, Republic of)

    2016-06-15

    Nuclear criticality safety analyses (NCSAs) considering burnup credit were performed for the GBC-32 cask. The used nuclear fuel assemblies (UNFAs) discharged from Hanbit Nuclear Power Plant Unit 3 Cycle 6 were loaded into the cask. Their axial burnup distributions and average discharge burnups were evaluated using the DeCART and Multi-purpose Analyzer for Static and Transient Effects of Reactors (MASTER) codes, and NCSAs were performed using SCALE 6.1/STandardized Analysis of Reactivity for Burnup Credit using SCALE (STARBUCS) and Monte Carlo N-Particle transport code, version 6 (MCNP 6). The axial burnup distributions were determined for 20 UNFAs with various initial enrichments and burnups, which were applied to the criticality analysis for the cask system. The UNFAs for 20- and 30-year cooling times were assumed to be stored in the cask. The criticality analyses indicated that keff values for UNFAs with nonuniform axial burnup distributions were larger than those with a uniform distribution, that is, the end effects were positive but much smaller than those with the reference distribution. The axial burnup distributions for 20 UNFAs had shapes that were more symmetrical with a less steep gradient in the upper region than the reference ones of the United States Department of Energy. These differences in the axial burnup distributions resulted in a significant reduction in end effects compared with the reference.

  5. OECD/NEA burnup credit criticality benchmarks phase IIIA: Criticality calculations of BWR spent fuel assemblies in storage and transport

    Energy Technology Data Exchange (ETDEWEB)

    Okuno, Hiroshi; Naito, Yoshitaka [Japan Atomic Energy Research Inst., Tokai, Ibaraki (Japan). Tokai Research Establishment; Ando, Yoshihira [Toshiba Corp., Kawasaki, Kanagawa (Japan)

    2000-09-01

    The report describes the final results of Phase IIIA Benchmarks conducted by the Burnup Credit Criticality Calculation Working Group under the auspices of the Nuclear Energy Agency of the Organization for Economic Cooperation and Development (OECD/NEA). The benchmarks are intended to confirm the predictive capability of the current computer code and data library combinations for the neutron multiplication factor (k{sub eff}) of a layer of irradiated BWR fuel assembly array model. In total 22 benchmark problems are proposed for calculations of k{sub eff}. The effects of following parameters are investigated: cooling time, inclusion/exclusion of FP nuclides and axial burnup profile, and inclusion of axial profile of void fraction or constant void fractions during burnup. Axial profiles of fractional fission rates are further requested for five cases out of the 22 problems. Twenty-one sets of results are presented, contributed by 17 institutes from 9 countries. The relative dispersion of k{sub eff} values calculated by the participants from the mean value is almost within the band of {+-}1%{delta}k/k. The deviations from the averaged calculated fission rate profiles are found to be within {+-}5% for most cases. (author)

  6. Extended calculations of OECD/NEA phase II-C burnup credit criticality benchmark problem for PWR spent fuel transport cask by using MCNP-4B2 code and JENDL-3.2 library

    Energy Technology Data Exchange (ETDEWEB)

    Kuroishi, Takeshi; Hoang, Anh Tuan; Nomura, Yasushi; Okuno, Hiroshi [Japan Atomic Energy Research Inst., Tokai, Ibaraki (Japan). Tokai Research Establishment

    2003-03-01

    The reactivity effect of the asymmetry of axial burnup profile in burnup credit criticality safety is studied for a realistic PWR spent fuel transport cask proposed in the current OECD/NEA Phase II-C benchmark problem. The axial burnup profiles are simulated in 21 material zones based on in-core flux measurements varying from strong asymmetry to more or less no asymmetry. Criticality calculations in a 3-D model have been performed using the continuous energy Monte Carlo code MCNP-4B2 and the nuclear data library JENDL-3.2. Calculation conditions are determined with consideration of the axial fission source convergence. Calculations are carried out not only for cases proposed in the benchmark but also for additional cases assuming symmetric burnup profile. The actinide-only approach supposed for first domestic introduction of burnup credit into criticality evaluation is also considered in addition to the actinide plus fission product approach adopted in the benchmark. The calculated results show that k{sub eff} and the end effect increase almost linearly with increasing burnup axial offset that is defined as one of typical parameters showing the intensity of axial burnup asymmetry. The end effect is more sensitive to the asymmetry of burnup profile for the higher burnup. For an axially distributed burnup, the axial fission source distribution becomes strongly asymmetric as its peak shifts toward the top end of the fuel's active zone where the local burnup is less than that of the bottom end. The peak of fission source distribution becomes higher with the increase of either the asymmetry of burnup profile or the assembly-averaged burnup. The conservatism of the assumption of uniform axial burnup based on the actinide-only approach is estimated quantitatively in comparison with the k{sub eff} result calculated with experiment-based strongest asymmetric axial burnup profile with the actinide plus fission product approach. (author)

  7. Preparation of data relevant to ''Equivalent Uniform Burnup'' and Equivalent Initial Enrichment'' for burnup credit evaluation

    Energy Technology Data Exchange (ETDEWEB)

    Nomura, Yasushi; Okuno, Hiroshi [Japan Atomic Energy Research Inst., Tokai, Ibaraki (Japan). Tokai Research Establishment; Murazaki, Minoru [Tokyo Nuclear Service Inc., Tokyo (Japan)

    2001-11-01

    Based on the PWR spent fuel composition data measured at JAERI, two kinds of simplified methods such as ''Equivalent Uniform Burnup'' and ''Equivalent Initial Enrichment'' have been introduced. And relevant evaluation curves have been prepared for criticality safety evaluation of spent fuel storage pool and transport casks, taking burnup of spent fuel into consideration. These simplified methods can be used to obtain an effective neutron multiplication factor for a spent fuel storage/transportation system by using the ORIGEN2.1 burnup code and the KENO-Va criticality code without considering axial burnup profile in spent fuel and other various factors introducing calculated errors. ''Equivalent Uniform Burnup'' is set up for its criticality analysis to be reactivity equivalent with the detailed analysis, in which the experimentally obtained isotopic composition together with a typical axial burnup profile and various factors such as irradiation history are considered on the conservative side. On the other hand, Equivalent Initial Enrichment'' is set up for its criticality analysis to be reactivity equivalent with the detailed analysis such as above when it is used in the so called fresh fuel assumption. (author)

  8. Calibration of burnup monitor installed in Rokkasho Reprocessing Plant

    Energy Technology Data Exchange (ETDEWEB)

    Oeda, Kaoru; Naito, Hirofumi; Hirota, Masanari [Japan Nuclear Fuel Co. Ltd., Rokkasho, Aomori (Japan); Natsume, Koichiro [Isogo Engineering Center, Toshiba Corporation, Yokohama, Kanagawa (Japan); Kumanomido, Hironori [Nuclear Engineering Laboratory, Toshiba Corporation, Kawasaki, Kanagawa (Japan)

    2000-06-01

    Rokkasho Reprocessing Plant uses burnup credit for criticality control at the Spent Fuel Storage Facility (SFSF) and the Dissolution Facility. A burnup monitor measures nondestructively burnup value of a spent fuel assembly and guarantees the credit for burnup. For practical reasons, a standard radiation source is not used in calibration of the burnup monitor, but the burnup values of many spent fuel assemblies are measured based on operator-declared burnup values. This paper describes the concept of burnup credit, the burnup monitor, and the calibration method. It is concluded, from the results of calibration tests, that the calibration method is valid. (author)

  9. Bias estimates used in lieu of validation of fission products and minor actinides in MCNP Keff calculations for PWR burnup credit casks

    Energy Technology Data Exchange (ETDEWEB)

    Mueller, Don [ORNL; Marshall, William BJ J [ORNL; Wagner, John C [ORNL; Bowen, Douglas G [ORNL

    2015-09-01

    The U.S. Nuclear Regulatory Commission (NRC) Division of Spent Fuel Storage and Transportation recently issued Interim Staff Guidance (ISG) 8, Revision 3. This ISG provides guidance for burnup credit (BUC) analyses supporting transport and storage of PWR pressurized water reactor (PWR) fuel in casks. Revision 3 includes guidance for addressing validation of criticality (keff) calculations crediting the presence of a limited set of fission products and minor actinides (FP&MA). Based on previous work documented in NUREG/CR-7109, recommendation 4 of ISG-8, Rev. 3, includes a recommendation to use 1.5 or 3% of the FP&MA worth to conservatively cover the bias due to the specified FP&MAs. This bias is supplementary to the bias and bias uncertainty resulting from validation of keff calculations for the major actinides in SNF and does not address extension to actinides and fission products beyond those identified herein. The work described in this report involves comparison of FP&MA worths calculated using SCALE and MCNP with ENDF/B-V, -VI, and -VII based nuclear data and supports use of the 1.5% FP&MA worth bias when either SCALE or MCNP codes are used for criticality calculations, provided the other conditions of the recommendation 4 are met. The method used in this report may also be applied to demonstrate the applicability of the 1.5% FP&MA worth bias to other codes using ENDF/B V, VI or VII based nuclear data. The method involves use of the applicant s computational method to generate FP&MA worths for a reference SNF cask model using specified spent fuel compositions. The applicant s FP&MA worths are then compared to reference values provided in this report. The applicants FP&MA worths should not exceed the reference results by more than 1.5% of the reference FP&MA worths.

  10. Analysis of fresh fuel critical experiments appropriate for burnup credit validation

    Energy Technology Data Exchange (ETDEWEB)

    DeHart, M.D.; Bowman, S.M.

    1995-10-01

    The ANS/ANS-8.1 standard requires that calculational methods used in determining criticality safety limits for applications outside reactors be validated by comparison with appropriate critical experiments. This report provides a detailed description of 34 fresh fuel critical experiments and their analyses using the SCALE-4.2 code system and the 27-group ENDF/B-IV cross-section library. The 34 critical experiments were selected based on geometry, material, and neutron interaction characteristics that are applicable to a transportation cask loaded with pressurized-water-reactor spent fuel. These 34 experiments are a representative subset of a much larger data base of low-enriched uranium and mixed-oxide critical experiments. A statistical approach is described and used to obtain an estimate of the bias and uncertainty in the calculational methods and to predict a confidence limit for a calculated neutron multiplication factor. The SCALE-4.2 results for a superset of approximately 100 criticals are included in uncertainty analyses, but descriptions of the individual criticals are not included.

  11. Analysis of Fresh Fuel Critical Experiments Appropriate for Burnup Credit Validation

    Energy Technology Data Exchange (ETDEWEB)

    DeHart, M.D.

    1995-01-01

    The ANS/ANS-8.1 standard requires that calculational methods used in determining criticality safety limits for applications outside reactors be validated by comparison with appropriate critical experiments. This report provides a detailed description of 34 fresh fuel critical experiments and their analyses using the SCALE-4.2 code system and the 27-group ENDF/B-IV cross-section library. The 34 critical experiments were selected based on geometry, material, and neutron interaction characteristics that are applicable to a transportation cask loaded with pressurized-water-reactor spent fuel. These 34 experiments are a representative subset of a much larger data base of low-enriched uranium and mixed-oxide critical experiments. A statistical approach is described and used to obtain an estimate of the bias and uncertainty in the calculational methods and to predict a confidence limit for a calculated neutron multiplication factor. The SCALE-4.2 results for a superset of approximately 100 criticals are included in uncertainty analyses, but descriptions of the individual criticals are not included.

  12. Mechanical Fatigue Testing of High Burnup Fuel for Transportation Applications

    Energy Technology Data Exchange (ETDEWEB)

    Wang, Jy-An John [Oak Ridge National Lab. (ORNL), Oak Ridge, TN (United States); Wang, Hong [Oak Ridge National Lab. (ORNL), Oak Ridge, TN (United States)

    2015-05-01

    This report describes testing designed to determine the ability of high burnup (HBU) (>45 GWd/MTU) spent fuel to maintain its integrity under normal conditions of transportation. An innovative system, Cyclic Integrated Reversible-bending Fatigue Tester (CIRFT), has been developed at Oak Ridge National Laboratory (ORNL) to test and evaluate the mechanical behavior of spent nuclear fuel (SNF) under conditions relevant to storage and transportation. The CIRFT system is composed of a U-frame equipped with load cells for imposing the pure bending loads on the SNF rod test specimen and measuring the in-situ curvature of the fuel rod during bending using a set up with three linear variable differential transformers (LVDTs).

  13. Credit concession through credit scoring: Analysis and application proposal

    Directory of Open Access Journals (Sweden)

    Oriol Amat

    2017-01-01

    Full Text Available Purpose: The study herein develops and tests a credit scoring model which can help financial institutions in assessing credit requests.  Design/methodology/approach: The empirical study has the objective of answering two questions: (1 Which ratios better discriminate the companies based on their being solvent or insolvent? and (2 What is the relative importance of these ratios? To do this, several statistical techniques with a multifactorial focus have been used (Multivariate Analysis of Variance, Linear Discriminant Analysis, Logit and Probit Models. Several samples of companies have been used in order to obtain and to test the model.  Findings: Through the application of several statistical techniques, the credit scoring model has been proved to be effective in discriminating between good and bad creditors.  Research limitations:  This study focuses on manufacturing, commercial and services companies of all sizes in Spain; Therefore, the conclusions may differ for other geographical locations. Practical implications:  Because credit is one of the main drivers of growth, a solid credit scoring model can help financial institutions assessing to whom to grant credit and to whom not to grant credit. Social implications: Because of the growing importance of credit for our society and the fear of granting it due to the latest financial turmoil, a solid credit scoring model can strengthen the trust toward the financial institutions assessment’s.  Originality/value: There is already a stream of literature related to credit scoring. However, this paper focuses on Spanish firms and proves the results of our model based on real data. The application of the model to detect the probability of default in loans is original.

  14. Application of Genetic Algorithm methodologies in fuel bundle burnup optimization of Pressurized Heavy Water Reactor

    Energy Technology Data Exchange (ETDEWEB)

    Jayalal, M.L., E-mail: jayalal@igcar.gov.in [Electronics, Instrumentation and Radiological Safety Group (EIRSG), Indira Gandhi Centre for Atomic Research (IGCAR), Kalpakkam, Tamil Nadu (India); Ramachandran, Suja [Electronics, Instrumentation and Radiological Safety Group (EIRSG), Indira Gandhi Centre for Atomic Research (IGCAR), Kalpakkam, Tamil Nadu (India); Rathakrishnan, S. [Reactor Physics Section, Madras Atomic Power Station (MAPS), Kalpakkam, Tamil Nadu (India); Satya Murty, S.A.V. [Electronics, Instrumentation and Radiological Safety Group (EIRSG), Indira Gandhi Centre for Atomic Research (IGCAR), Kalpakkam, Tamil Nadu (India); Sai Baba, M. [Resources Management Group (RMG), Indira Gandhi Centre for Atomic Research (IGCAR), Kalpakkam, Tamil Nadu (India)

    2015-01-15

    Highlights: • We study and compare Genetic Algorithms (GA) in the fuel bundle burnup optimization of an Indian Pressurized Heavy Water Reactor (PHWR) of 220 MWe. • Two Genetic Algorithm methodologies namely, Penalty Functions based GA and Multi Objective GA are considered. • For the selected problem, Multi Objective GA performs better than Penalty Functions based GA. • In the present study, Multi Objective GA outperforms Penalty Functions based GA in convergence speed and better diversity in solutions. - Abstract: The work carried out as a part of application and comparison of GA techniques in nuclear reactor environment is presented in the study. The nuclear fuel management optimization problem selected for the study aims at arriving appropriate reference discharge burnup values for the two burnup zones of 220 MWe Pressurized Heavy Water Reactor (PHWR) core. Two Genetic Algorithm methodologies namely, Penalty Functions based GA and Multi Objective GA are applied in this study. The study reveals, for the selected problem of PHWR fuel bundle burnup optimization, Multi Objective GA is more suitable than Penalty Functions based GA in the two aspects considered: by way of producing diverse feasible solutions and the convergence speed being better, i.e. it is capable of generating more number of feasible solutions, from earlier generations. It is observed that for the selected problem, the Multi Objective GA is 25.0% faster than Penalty Functions based GA with respect to CPU time, for generating 80% of the population with feasible solutions. When average computational time of fixed generations are considered, Penalty Functions based GA is 44.5% faster than Multi Objective GA. In the overall performance, the convergence speed of Multi Objective GA surpasses the computational time advantage of Penalty Functions based GA. The ability of Multi Objective GA in producing more diverse feasible solutions is a desired feature of the problem selected, that helps the

  15. The calculational VVER burnup Credit Benchmark No.3 results with the ENDF/B-VI rev.5 (1999)

    Energy Technology Data Exchange (ETDEWEB)

    Rodriguez Gual, Maritza [Centro de Tecnologia Nuclear, La Habana (Cuba). E-mail: mrgual@ctn.isctn.edu.cu

    2000-07-01

    The purpose of this papers to present the results of CB3 phase of the VVER calculational benchmark with the recent evaluated nuclear data library ENDF/B-VI Rev.5 (1999). This results are compared with the obtained from the other participants in the calculations (Czech Republic, Finland, Hungary, Slovaquia, Spain and the United Kingdom). The phase (CB3) of the VVER calculation benchmark is similar to the Phase II-A of the OECD/NEA/INSC BUC Working Group benchmark for PWR. The cases without burnup profile (BP) were performed with the WIMS/D-4 code. The rest of the cases have been carried with DOTIII discrete ordinates code. The neutron library used was the ENDF/B-VI rev. 5 (1999). The WIMS/D-4 (69 groups) is used to collapse cross sections from the ENDF/B-VI Rev. 5 (1999) to 36 groups working library for 2-D calculations. This work also comprises the results of CB1 (obtained with ENDF/B-VI rev. 5 (1999), too) and CB3 for cases with Burnup of 30 MWd/TU and cooling time of 1 and 5 years and for case with Burnup of 40 MWd/TU and cooling time of 1 year. (author)

  16. Benchmark calculation of SCALE-PC 4.3 CSAS6 module and burnup credit criticality analysis

    Energy Technology Data Exchange (ETDEWEB)

    Shin, Hee Sung; Ro, Seong Gy; Shin, Young Joon; Kim, Ik Soo [Korea Atomic Energy Research Institute, Taejon (Korea)

    1998-12-01

    Calculation biases of SCALE-PC CSAS6 module for PWR spent fuel, metallized spent fuel and solution of nuclear materials have been determined on the basis of the benchmark to be 0.01100, 0.02650 and 0.00997, respectively. With the aid of the code system, nuclear criticality safety analysis for the spent fuel storage pool has been carried out to determine the minimum burnup of spent fuel required for safe storage. The criticality safety analysis is performed using three types of isotopic composition of spent fuel: ORIGEN2-calculated isotopic compositions; the conservative inventory obtained from the multiplication of ORIGEN2-calculated isotopic compositions by isotopic correction factors; the conservative inventory of only U, Pu and {sup 241}Am. The results show that the minimum burnup for three cases are 990,6190 and 7270 MWd/tU, respectively in the case of 5.0 wt% initial enriched spent fuel. (author). 74 refs., 68 figs., 35 tabs.

  17. Application of decision trees in credit scoring

    Directory of Open Access Journals (Sweden)

    Ljiljanka Kvesić

    2013-12-01

    Full Text Available Banks are particularly exposed to credit risk due to the nature of their operations. Inadequate assessment of the borrower directly causes losses. The financial crisis the global economy is still going through has clearly shown what kind of problems can arise from an inadequate credit policy. Thus, the primary task of bank managers is to minimise credit risk. Credit scoring models were developed to support managers in assessing the creditworthiness of borrowers. This paper presents the decision tree based on exhaustive CHAID algorithm as one such model. Since the application of credit scoring models has not been adequately explored in the Croatian banking theory and practice, this paper aims not only to determine the characteristics that are crucial for predicting default, but also to highlight the importance of a quantitative approach in assessing the creditworthiness of borrowers.

  18. 12 CFR 725.17 - Applications for extensions of credit.

    Science.gov (United States)

    2010-01-01

    ... 12 Banks and Banking 6 2010-01-01 2010-01-01 false Applications for extensions of credit. 725.17 Section 725.17 Banks and Banking NATIONAL CREDIT UNION ADMINISTRATION REGULATIONS AFFECTING CREDIT UNIONS NATIONAL CREDIT UNION ADMINISTRATION CENTRAL LIQUIDITY FACILITY § 725.17 Applications for extensions...

  19. Neutron transport-burnup code MCORGS and its application in fusion fission hybrid blanket conceptual research

    Science.gov (United States)

    Shi, Xue-Ming; Peng, Xian-Jue

    2016-09-01

    Fusion science and technology has made progress in the last decades. However, commercialization of fusion reactors still faces challenges relating to higher fusion energy gain, irradiation-resistant material, and tritium self-sufficiency. Fusion Fission Hybrid Reactors (FFHR) can be introduced to accelerate the early application of fusion energy. Traditionally, FFHRs have been classified as either breeders or transmuters. Both need partition of plutonium from spent fuel, which will pose nuclear proliferation risks. A conceptual design of a Fusion Fission Hybrid Reactor for Energy (FFHR-E), which can make full use of natural uranium with lower nuclear proliferation risk, is presented. The fusion core parameters are similar to those of the International Thermonuclear Experimental Reactor. An alloy of natural uranium and zirconium is adopted in the fission blanket, which is cooled by light water. In order to model blanket burnup problems, a linkage code MCORGS, which couples MCNP4B and ORIGEN-S, is developed and validated through several typical benchmarks. The average blanket energy Multiplication and Tritium Breeding Ratio can be maintained at 10 and 1.15 respectively over tens of years of continuous irradiation. If simple reprocessing without separation of plutonium from uranium is adopted every few years, FFHR-E can achieve better neutronic performance. MCORGS has also been used to analyze the ultra-deep burnup model of Laser Inertial Confinement Fusion Fission Energy (LIFE) from LLNL, and a new blanket design that uses Pb instead of Be as the neutron multiplier is proposed. In addition, MCORGS has been used to simulate the fluid transmuter model of the In-Zinerater from Sandia. A brief comparison of LIFE, In-Zinerater, and FFHR-E will be given.

  20. Applicability of the MCNP-ACAB system to inventory prediction in high-burnup fuels: sensitivity/uncertainty estimates

    Energy Technology Data Exchange (ETDEWEB)

    Garcia-Herranz, N.; Cabellos, O. [Madrid Polytechnic Univ., Dept. of Nuclear Engineering (Spain); Cabellos, O.; Sanz, J. [Madrid Polytechnic Univ., 2 Instituto de Fusion Nuclear (Spain); Sanz, J. [Univ. Nacional Educacion a Distancia, Dept. of Power Engineering, Madrid (Spain)

    2005-07-01

    We present a new code system which combines the Monte Carlo neutron transport code MCNP-4C and the inventory code ACAB as a suitable tool for high burnup calculations. Our main goal is to show that the system, by means of ACAB capabilities, enables us to assess the impact of neutron cross section uncertainties on the inventory and other inventory-related responses in high burnup applications. The potential impact of nuclear data uncertainties on some response parameters may be large, but only very few codes exist which can treat this effect. In fact, some of the most reported effective code systems in dealing with high burnup problems, such as CASMO-4, MCODE and MONTEBURNS, lack this capability. As first step, the potential of our system, ruling out the uncertainty capability, has been compared with that of those code systems, using a well referenced high burnup pin-cell benchmark exercise. It is proved that the inclusion of ACAB in the system allows to obtain results at least as reliable as those obtained using other inventory codes, such as ORIGEN2. Later on, the uncertainty analysis methodology implemented in ACAB, including both the sensitivity-uncertainty method and the uncertainty analysis by the Monte Carlo technique, is applied to this benchmark problem. We estimate the errors due to activation cross section uncertainties in the prediction of the isotopic content up to the high-burnup spent fuel regime. The most relevant uncertainties are remarked, and some of the most contributing cross sections to those uncertainties are identified. For instance, the most critical reaction for Am{sup 242m} is Am{sup 241}(n,{gamma}-m). At 100 MWd/kg, the cross-section uncertainty of this reaction induces an error of 6.63% on the Am{sup 242m} concentration.The uncertainties in the inventory of fission products reach up to 30%.

  1. Size Design of CdZnTe Detector Shield for Measuring Burnup of Spent Fuel

    Institute of Scientific and Technical Information of China (English)

    2008-01-01

    <正>It is important to measure the burnup of spent fuel for nuclear safeguards, burnup credit and critical safety in spent-fuel reprocessing process. The purpose of this work is designing a portable device to

  2. FRAPCON-3: Modifications to fuel rod material properties and performance models for high-burnup application

    Energy Technology Data Exchange (ETDEWEB)

    Lanning, D.D.; Beyer, C.E.; Painter, C.L.

    1997-12-01

    This volume describes the fuel rod material and performance models that were updated for the FRAPCON-3 steady-state fuel rod performance code. The property and performance models were changed to account for behavior at extended burnup levels up to 65 Gwd/MTU. The property and performance models updated were the fission gas release, fuel thermal conductivity, fuel swelling, fuel relocation, radial power distribution, solid-solid contact gap conductance, cladding corrosion and hydriding, cladding mechanical properties, and cladding axial growth. Each updated property and model was compared to well characterized data up to high burnup levels. The installation of these properties and models in the FRAPCON-3 code along with input instructions are provided in Volume 2 of this report and Volume 3 provides a code assessment based on comparison to integral performance data. The updated FRAPCON-3 code is intended to replace the earlier codes FRAPCON-2 and GAPCON-THERMAL-2. 94 refs., 61 figs., 9 tabs.

  3. Advanced Corrosion-Resistant Zr Alloys for High Burnup and Generation IV Applications

    Energy Technology Data Exchange (ETDEWEB)

    Arthur Motta; Yong Hwan Jeong; R.J. Comstock; G.S. Was; Y.S. Kim

    2006-10-31

    The objective of this collaboration between four institutions in the US and Korea is to demonstrate a technical basis for the improvement of the corrosion resistance of zirconium-based alloys in more extreme operating environments (such as those present in severe fuel duty,cycles (high burnup, boiling, aggressive chemistry) andto investigate the feasibility (from the point of view of corrosion rate) of using advanced zirconium-based alloys in a supercritical water environment.

  4. Revised SWAT. The integrated burnup calculation code system

    Energy Technology Data Exchange (ETDEWEB)

    Suyama, Kenya; Mochizuki, Hiroki [Department of Fuel Cycle Safety Research, Nuclear Safety Research Center, Tokai Research Establishment, Japan Atomic Energy Research Institute, Tokai, Ibaraki (Japan); Kiyosumi, Takehide [The Japan Research Institute, Ltd., Tokyo (Japan)

    2000-07-01

    SWAT is an integrated burnup code system developed for analysis of post irradiation examination, transmutation of radioactive waste, and burnup credit problem. This report shows an outline and a user's manual of revised SWAT. This revised SWAT includes expansion of functions, increasing supported machines, and correction of several bugs reported from users of previous SWAT. (author)

  5. Research on Artificial Neural Network Method for Credit Application

    Institute of Scientific and Technical Information of China (English)

    MingxingLi; PingHeng; PeiwuDong

    2004-01-01

    Considering our country's present situation, in this paper we provide ten evaluation indexes of the credit application management, which is used as the input vector of neural network. Then we set up a three-layer back propagation model for the credit application evaluation based on the artificial neural network. We also analyzed the model using the real data; the testing result indicates that the model is a good method and a good tool.

  6. 77 FR 43868 - Credit Suisse Asset Management, LLC, et al.; Notice of Application

    Science.gov (United States)

    2012-07-26

    ... COMMISSION Credit Suisse Asset Management, LLC, et al.; Notice of Application July 20, 2012. AGENCY... instruments. Applicants: Credit Suisse Asset Management, LLC (the ``Adviser''), Credit Suisse Commodity Return.... Applicants: c/o Ms. Joanne Doldo, Credit Suisse Asset Management, LLC, One Madison Avenue, New York, NY...

  7. Integrated burnup calculation code system SWAT

    Energy Technology Data Exchange (ETDEWEB)

    Suyama, Kenya; Hirakawa, Naohiro [Japan Atomic Energy Research Inst., Tokai, Ibaraki (Japan). Tokai Research Establishment; Iwasaki, Tomohiko

    1997-11-01

    SWAT is an integrated burnup code system developed for analysis of post irradiation examination, transmutation of radioactive waste, and burnup credit problem. It enables us to analyze the burnup problem using neutron spectrum depending on environment of irradiation, combining SRAC which is Japanese standard thermal reactor analysis code system and ORIGEN2 which is burnup code widely used all over the world. SWAT makes effective cross section library based on results by SRAC, and performs the burnup analysis with ORIGEN2 using that library. SRAC and ORIGEN2 can be called as external module. SWAT has original cross section library on based JENDL-3.2 and libraries of fission yield and decay data prepared from JNDC FP Library second version. Using these libraries, user can use latest data in the calculation of SWAT besides the effective cross section prepared by SRAC. Also, User can make original ORIGEN2 library using the output file of SWAT. This report presents concept and user`s manual of SWAT. (author)

  8. 78 FR 2453 - Credit Suisse Opportunity Funds, et al.; Notice of Application

    Science.gov (United States)

    2013-01-11

    ... High Yield Bond Fund (``High Yield Bond Fund''), Credit Suisse Asset Management Income Fund, Inc. (``Income Fund''); Credit Suisse Asset Management, LLC (``Adviser''), and Credit Suisse Securities (USA) LLC...., Washington DC 20549-1090; Applicants, c/o Joanne Doldo, Esq., Credit Suisse Asset Management, LLC,...

  9. Assesment of advanced step models for steady state Monte Carlo burnup calculations in application to prismatic HTGR

    Directory of Open Access Journals (Sweden)

    Kępisty Grzegorz

    2015-09-01

    Full Text Available In this paper, we compare the methodology of different time-step models in the context of Monte Carlo burnup calculations for nuclear reactors. We discuss the differences between staircase step model, slope model, bridge scheme and stochastic implicit Euler method proposed in literature. We focus on the spatial stability of depletion procedure and put additional emphasis on the problem of normalization of neutron source strength. Considered methodology has been implemented in our continuous energy Monte Carlo burnup code (MCB5. The burnup simulations have been performed using the simplified high temperature gas-cooled reactor (HTGR system with and without modeling of control rod withdrawal. Useful conclusions have been formulated on the basis of results.

  10. 49 CFR 260.25 - Additional information for Applicants not having a credit rating.

    Science.gov (United States)

    2010-10-01

    ... 49 Transportation 4 2010-10-01 2010-10-01 false Additional information for Applicants not having a... Financial Assistance § 260.25 Additional information for Applicants not having a credit rating. Each application submitted by Applicants not having a recent credit rating from one or more nationally...

  11. Calibration of burnup monitor in the Rokkasho reprocessing plant

    Energy Technology Data Exchange (ETDEWEB)

    Oheda, K.; Naito, H.; Hirota, M. [Japan Nuclear Fuel Ltd., Aomori (Japan); Natsume, K. [Toshiba Corp., Yokohama, Kawasaki, Kanagawa (Japan); Kumanomido, H. [Toshiba Corp., Kawasaki, Kanagawa (Japan)

    1998-07-01

    The Rokkasho Reprocessing Plant has adopted a credit for burnup in criticality control in the Spent Fuel Storage Facility (SFSF) and the Dissolution Facility. The burnup monitor system, prepared for BWR and PWR type fuel assemblies, nondestructively measures the burnup value and determines the residual U-235 enrichment in a spent fuel assembly, and criticality is controlled by the value of residual U-235 enrichment in SFSF and by the value of top 50 cm average burnup in the Dissolution Facility. The burnup monitor consists of three measurement systems; a Boss gamma-ray profile measurement system, a high resolution gamma-ray spectrometry system, and a passive neutron measurement system. The monitor sensitivity is calibrated against operator-declared burnup values through repetitive measurements of 100 spent fuel assemblies: BWR 8 X 8, PWR 14 X 14. and 17 X 17. The outline of the measurement methods, objectives of the calibration, actual calibration method, and an example of calibration performed in a demonstration experiment are presented. (author)

  12. Analysis of Experimental Data for High Burnup PWR Spent Fuel Isotopic Validation - Vandellos II Reactor

    Energy Technology Data Exchange (ETDEWEB)

    Ilas, Germina [ORNL; Gauld, Ian C [ORNL

    2011-01-01

    This report is one of the several recent NUREG/CR reports documenting benchmark-quality radiochemical assay data and the use of the data to validate computer code predictions of isotopic composition for spent nuclear fuel, to establish the uncertainty and bias associated with code predictions. The experimental data analyzed in the current report were acquired from a high-burnup fuel program coordinated by Spanish organizations. The measurements included extensive actinide and fission product data of importance to spent fuel safety applications, including burnup credit, decay heat, and radiation source terms. Six unique spent fuel samples from three uranium oxide fuel rods were analyzed. The fuel rods had a 4.5 wt % {sup 235}U initial enrichment and were irradiated in the Vandellos II pressurized water reactor operated in Spain. The burnups of the fuel samples range from 42 to 78 GWd/MTU. The measurements were used to validate the two-dimensional depletion sequence TRITON in the SCALE computer code system.

  13. Calibration of burnup monitor of spent nuclear fuel installed at Rokkasho reprocessing plant

    Energy Technology Data Exchange (ETDEWEB)

    Oeda, Kaoru; Matoba, Masaru; Wakabayashi, Genichiro [Kyushu Univ., Fukuoka (Japan). Faculty of Engineering; Naito, Hirofumi; Hirota, Masanari [Nuclear Fuel Industries Ltd., Tokyo (Japan); Morizaki, Hidetoshi; Kumanomido, Hironori; Natsume, Koichiro [Toshiba Corp., Tokyo (Japan)

    2001-05-01

    The spent nuclear fuel storage pool of Rokkasho reprocessing plant adopts the burnup credit' conception. Spent fuel assemblies are measured every one by one, by burnup monitors, and stored to a storage rack which is designed with specified residual enrichment. For nuclear criticality control, it is necessary for the burnup monitor that the measured value includes a kind of margin, which consists of errors of the monitor. In this paper, we describe the error of the burnup monitors, and the way of taking of the margin. From the result of calibration of the burnup monitor carried out from July through November, 1999, we describe that the way of taking of the margin is validated. And comments about possibility of error reduction are remarked. (author)

  14. An application of locally linear model tree algorithm with combination of feature selection in credit scoring

    Science.gov (United States)

    Siami, Mohammad; Gholamian, Mohammad Reza; Basiri, Javad

    2014-10-01

    Nowadays, credit scoring is one of the most important topics in the banking sector. Credit scoring models have been widely used to facilitate the process of credit assessing. In this paper, an application of the locally linear model tree algorithm (LOLIMOT) was experimented to evaluate the superiority of its performance to predict the customer's credit status. The algorithm is improved with an aim of adjustment by credit scoring domain by means of data fusion and feature selection techniques. Two real world credit data sets - Australian and German - from UCI machine learning database were selected to demonstrate the performance of our new classifier. The analytical results indicate that the improved LOLIMOT significantly increase the prediction accuracy.

  15. Assessment of the uncertainties of MULTICELL calculations by the OECD NEA UAM PWR pin cell burnup benchmark

    Energy Technology Data Exchange (ETDEWEB)

    Kereszturi, Andras [Hungarian Academy of Sciences, Budapest (Hungary). Centre for Energy Research; Panka, Istvan

    2015-09-15

    Defining precisely the burnup of the nuclear fuel is important from the point of view of core design calculations, safety analyses, criticality calculations (e.g. burnup credit calculations), etc. This paper deals with the uncertainties of MULTICELL calculations obtained by the solution of the OECD NEA UAM PWR pin cell burnup benchmark. In this assessment Monte-Carlo type statistical analyses are applied and the energy dependent covariance matrices of the cross-sections are taken into account. Additionally, the impact of the uncertainties of the fission yields is also considered. The target quantities are the burnup dependent uncertainties of the infinite multiplication factor, the two-group cross-sections, the reaction rates and the number densities of some isotopes up to the burnup of 60 MWd/kgU. In the paper the burnup dependent tendencies of the corresponding uncertainties and their sources are analyzed.

  16. An Empirical Analysis on Credit Risk Models and its Application

    Directory of Open Access Journals (Sweden)

    Joocheol Kim

    2014-08-01

    Full Text Available This study intends to focus on introducing credit default risk with widely used credit risk models in an effort to empirically test whether the models hold their validity, apply to financial institutions which usually are highly levered with various types of debts, and finally reinterpret the results in computing adequate collateral level in the over-the-counter derivatives market. By calculating the distance-to-default values using historical market data for South Korean banks and brokerage firms as suggested in Merton model and KMV’s EDF model, we find that the performance of the introduced models well reflect the credit quality of the sampled financial institutions. Moreover, we suggest that in addition to the given credit ratings of different financial institutions, their distance-to-default values can be utilized in determining the sufficient level of credit support. Our suggested “smoothened” collateral level allows both contractual parties to minimize their costs caused from provision of collateral without undertaking additional credit risk and achieve efficient collateral management.

  17. Credit Management System

    Data.gov (United States)

    US Agency for International Development — Credit Management System. Outsourced Internet-based application. CMS stores and processes data related to USAID credit programs. The system provides information...

  18. Study on the Application of the Prudence Principle in Accounting of Credit Institutions

    Directory of Open Access Journals (Sweden)

    Riana Iren RADU

    2014-08-01

    Full Text Available With effect from 1 January 2012, according to The NATIONAL BANK of ROMANIA No. 27/2010, International Financial reporting standards (IFRS have become the basis of the accounting system used by credit institutions in Romania. In this context, the regulatory framework relating to the adjustments for impairment of financial assets other than loans and securities is given by IAS39 and IAS 37. In this paper I propose to develop a study on the application of the prudence principle in accounting of credit institutions, a study, which will be the main issues of taxation and accounting implementation of prudent credit institutions.

  19. Creation and Application of Expert System Framework in Granting the Credit Facilities

    Directory of Open Access Journals (Sweden)

    Somaye Hoseini

    2013-09-01

    Full Text Available This study investigated the development of a knowledge base for expert system for credit risk assessment of bank’s legal customers. It analyzed the customers’ credit risk based on experts’ financial ratio analysis. Financial ratios were derived from financial statements of customers; however, the knowledge that helps banking experts to determine the relationship between customers’ credit risk and financial situation has been derived from these laws. In this study, expert system considered customer financial ratios as input and prediction of credit risk level as the output. This study was a descriptive-case study research. The population consisted of credit experts of Tejarat bank who were the member of bank’s credit Committee and had the right to vote for facilities approval and the individuals whose main task was providing reports for granting facilities and monitoring the use of facilities. After an initial interview and determining the evaluation criteria for facilities and determining the items for each of the criteria, a questionnaire was designed using Likert scale. Data normality test was conducted to ensure the accuracy of the collected data. T-test was performed to realize the selected criteria are important. Then, experts were asked to determine the minimum score for providing the facility to the applicant in each section of the questionnaire. The laws of expert system were provided based on determined minimum scores.

  20. An application of data mining classification and bi-level programming for optimal credit allocation

    Directory of Open Access Journals (Sweden)

    Seyed Mahdi Sadatrasou

    2015-01-01

    Full Text Available This paper investigates credit allocation policy making and its effect on economic development using bi-level programming. There are two challenging problems in bi-level credit allocation; at the first level government/public related institutes must allocate the credit strategically concerning sustainable development to regions and industrial sectors. At the second level, there are agent banks, which should allocate the credit tactically to individual applicants based on their own profitability and risk using their credit scoring models. There is a conflict of interest between these two stakeholders but the cooperation is inevitable. In this paper, a new bi-level programming formulation of the leader-follower game in association with sustainable development theory in the first level and data mining classifier at the second level is used to mathematically model the problem. The model is applied to a national development fund (NDF as a government related organization and one of its agent banks. A new algorithm called Bi-level Genetic fuzzy apriori Algorithm (BGFAA is introduced to solve the bilateral model. Experimental results are presented and compared with a unilateral policy making scenario by the leader. Findings show that although the objective functions of the leader are worse in the bilateral scenario but agent banks collaboration is attracted and guaranteed.

  1. 78 FR 76327 - Notice of Approval of South Carolina's Application for Avoidance of 2013 Credit Reduction Under...

    Science.gov (United States)

    2013-12-17

    ... Employment and Training Administration Notice of Approval of South Carolina's Application for Avoidance of... avoidance of the 2013 credit reduction under this section. It has been determined that South Carolina met all of the criteria of section 3302(g) and thus qualifies for credit reduction avoidance....

  2. A Simple Global View of Fuel Burnup

    Science.gov (United States)

    Sekimoto, Hiroshi

    2017-01-01

    Reactor physics and fuel burnup are discussed in order to obtain a simple global view of the effects of nuclear reactor characteristics to fuel cycle system performance. It may provide some idea of free thinking and overall vision, though it is still a small part of nuclear energy system. At the beginning of this lecture, governing equations for nuclear reactors are presented. Since the set of these equations is so big and complicated, it is simplified by imposing some extreme conditions and the nuclear equilibrium equation is derived. Some features of future nuclear equilibrium state are obtained by solving this equation. The contribution of a nucleus charged into reactor core to the system performance indexes such as criticality is worth for understanding the importance of each nuclide. It is called nuclide importance and can be evaluated by using the equations adjoint to the nuclear equilibrium equation. Examples of some importances and their application to criticalily search problem are presented.

  3. Analysis of high burnup fuel safety issues

    Energy Technology Data Exchange (ETDEWEB)

    Lee, Chan Bock; Kim, D. H.; Bang, J. G.; Kim, Y. M.; Yang, Y. S.; Jung, Y. H.; Jeong, Y. H.; Nam, C.; Baik, J. H.; Song, K. W.; Kim, K. S

    2000-12-01

    Safety issues in steady state and transient behavior of high burnup LWR fuel above 50 - 60 MWD/kgU were analyzed. Effects of burnup extension upon fuel performance parameters was reviewed, and validity of both the fuel safety criteria and the performance analysis models which were based upon the lower burnup fuel test results was analyzed. It was found that further tests would be necessary in such areas as fuel failure and dispersion for RIA, and high temperature cladding corrosion and mechanical deformation for LOCA. Since domestic fuels have been irradiated in PWR up to burnup higher than 55 MWD/kgU-rod. avg., it can be said that Korea is in the same situation as the other countries in the high burnup fuel safety issues. Therefore, necessary research areas to be performed in Korea were derived. Considering that post-irradiation examination(PIE) for the domestic fuel of burnup higher than 30 MWD/kgU has not been done so far at all, it is primarily necessary to perform PIE for high burnup fuel, and then simulation tests for RIA and LOCA could be performed by using high burnup fuel specimens. For the areas which can not be performed in Korea, international cooperation will be helpful to obtain the test results. With those data base, safety of high burnup domestic fuels will be confirmed, current fuel safety criteria will be re-evaluated, and finally transient high burnup fuel behavior analysis technology will be developed through the fuel performance analysis code development.

  4. Application of the Scoring Model for Assessing the Credit Rating of Principals

    Directory of Open Access Journals (Sweden)

    Margarita Janeska

    2014-02-01

    Full Text Available One of the most commonly used methods for assessing the credit rating of counterparties is a credit scoring model or credit scoring. Economic pressures, resulting in increased demand for loans, along with increasing the competition in the market of enterprises and the development of computational techniques and technologies leads to the development of statistical credit scoring model, and in order to expedite the process for making decisions related to credit approval. Credit scoring is used to increase the precision in the approval of loans to creditworthy customers, which can result in increased profits or rejection of those customers who are not creditworthy.

  5. Investigation on using neutron counting techniques for online burnup monitoring of pebble bed reactor fuels

    Science.gov (United States)

    Zhao, Zhongxiang

    Modular Pebble Bed Reactor (MPBR) is a high temperature gas-cooled nuclear power reactor. This project investigated the feasibility of using the passive neutron counting and active neutron/gamma counting for the on line fuel burnup measurement for MPBR. To investigate whether there is a correlation between neutron emission and fuel burnup, the MPBR fuel depletion was simulated under different irradiation conditions by ORIGEN2. It was found that the neutron emission from an irradiated pebble increases with burnup super-linearly and reaches to 104 neutron/sec/pebble at the discharge burnup. The photon emission from an irradiated pebble was found to be in the order of 1013 photon/sec/pebble at all burnup levels. Analysis shows that the neutron emission rate of an irradiated pebble is sensitive to its burnup history and the spectral-averaged one-group cross sections used in the depletion calculations, which consequently leads to large uncertainty in the correlation between neutron emission and burnup. At low burnup levels, the uncertainty in the neutron emission/burnup correlation is too high and the neutron emission rate is too low so that it is impossible to determine a pebble's burnup by on-line neutron counting at low burnup levels. At high burnup levels, the uncertainty in the neutron emission rate becomes less but is still large in quantity. However, considering the super-linear feature of the correlation, the uncertainty in burnup determination was found to be ˜7% at the discharge burnup, which is acceptable. Therefore, total neutron emission rate of a pebble can be used as a burnup indicator to determine whether a pebble should be discharged or not. The feasibility of using passive neutron counting methods for the on-line burnup measurement was investigated by using a general Monte Carlo code, MCNP, to assess the detectability of the neutron emission and the capability to discriminate gamma noise by commonly used neutron detectors. It was found that both He-3

  6. Fuel burnup calculation of a research reactor plate element

    Energy Technology Data Exchange (ETDEWEB)

    Santos, Nadia Rodrigues dos; Lima, Zelmo Rodrigues de; Moreira, Maria de Lourdes, E-mail: nadiasam@gmail.com, E-mail: zrlima@ien.gov.br, E-mail: malu@ien.gov.br [Instituto de Engenharia Nuclear (IEN/CNEN-RJ), Rio de Janeiro, RJ (Brazil)

    2013-07-01

    This work consists in simulating the burnup of two different plate type fuel elements, where one is the benchmark MTR of the IAEA, which is made of an alloy of uranium and aluminum, while the other belonging to a typical multipurpose reactor is composed of an alloy of uranium and silicon. The simulation is performed using the WIMSD-5B computer code, which makes use of deterministic methods for solving neutron transport. In developing this task, fuel element equivalent cells were calculated representing each of the reactors to obtain the initial concentrations of each isotope constituent element of the fuel cell and the thicknesses corresponding to each region of the cell, since this information is part of the input data. The compared values of the k∞ showed a similar behavior for the case of the MTR calculated with the WIMSD-5B and EPRI-CELL codes. Relating the graphs of the concentrations in the burnup of both reactors, there are aspects very similar to each isotope selected. The application WIMSD-5B code to calculate isotopic concentrations and burnup of the fuel element, proved to be satisfactory for the fulfillment of the objective of this work. (author)

  7. Reactivity effect of spent fuel depending on burn-up history

    Energy Technology Data Exchange (ETDEWEB)

    Hayashi, Takafumi [Nagoya Univ., Nagoya, Aichi (Japan); Suyama, Kenya; Nomura, Yasushi [Japan Atomic Energy Research Inst., Tokai, Ibaraki (Japan). Tokai Research Establishment; Mochizuki, Hiroki [The Japan Research Institute, Ltd., Tokyo (Japan)

    2001-06-01

    It is well known that a composition of spent fuel depends on various parameter changes throughout a burn-up period. In this study we aimed at the boron concentration and its change, the coolant temperature and its spatial distribution, the specific power, the operation mode, and the duration of inspection, because the effects due to these parameters have not been analyzed in detail. The composition changes of spent fuel were calculated by using the burn-up code SWAT, when the parameters mentioned above varied in the range of actual variations. Moreover, to estimate the reactivity effect caused by the composition changes, the criticality calculations for an infinite array of spent fuel were carried out with computer codes SRAC95 or MVP. In this report the reactivity effects were arranged from the viewpoint of what parameters gave more positive reactivity effect. The results obtained through this study are useful to choose the burn-up calculation model when we take account of the burn-up credit in the spent fuel management. (author)

  8. Reconsidering the capacity credit of wind power : Application of cumulative prospect theory

    NARCIS (Netherlands)

    Wilton, Edgar; Delarue, Erik; D'haeseleer, William; van Sark, Wilfried

    2014-01-01

    The capacity credit is often erroneously considered to be a time-invariant quantity. A multi-year analysis of the incident wind profile of various potential wind sites uncovered that there exist large differences between annual capacity credit figures. The uniformity of these capacity credit figures

  9. Models for fuel rod behaviour at high burnup

    Energy Technology Data Exchange (ETDEWEB)

    Jernkvist, Lars O.; Massih, Ali R. [Quantum Technologies AB, Uppsala Science Park, Uppsala (Sweden)

    2004-12-01

    This report deals with release of fission product gases and irradiation-induced restructuring in uranium dioxide nuclear fuel. Waterside corrosion of zirconium alloy clad tubes to light water reactor fuel rods is also discussed. Computational models, suitable for implementation in the FRAPCON-3.2 computer code, are proposed for these potentially life-limiting phenomena. Hence, an integrated model for the calculation or thermal fission gas release by intragranular diffusion, gas trapping in grain boundaries, irradiation-induced re-solution, grain boundary saturation, and grain boundary sweeping in UO{sub 2} fuel, under time varying temperature loads, is formulated. After a brief review of the status of thermal fission gas release modelling, we delineate the governing equations for the aforementioned processes. Grain growth kinetic modelling is briefly reviewed and pertinent data on grain growth of high burnup fuel obtained during power ramps in the Third Risoe Fission Gas Release Project are evaluated. Sample computations are performed, which clearly show the connection between fission gas release and gram growth as a function of time at different isotherms. Models are also proposed for the restructuring of uranium dioxide fuel at high burnup, the so-called rim formation, and its effect on fuel porosity build-up, fuel thermal conductivity and fission gas release. These models are assessed by use of recent experimental data from the High Burnup Rim Project, as well as from post irradiation examinations of high-burnup fuel, irradiated in power reactors. Moreover, models for clad oxide growth and hydrogen pickup in PWRs, applicable to Zircaloy-4, ZIRLO or M5 cladding, are formulated, based on recent in-reactor corrosion data for high-burnup fuel rods. Our evaluation of these data indicates that the oxidation rate of ZIRLO-type materials is about 20% lower than for standard Zircaloy-4 cladding under typical PWR conditions. Likewise, the oxidation rate of M5 seems to be

  10. The Application of Genetic Algorithms and Multidimensional Distinguishing Model in Forecasting and Evaluating Credits for Mobile Clients

    Institute of Scientific and Technical Information of China (English)

    Li Zhan; Xu Ji-sheng

    2003-01-01

    To solve the arrearage problem that puzzled most of the mobile corporations, we propose an approach to forecast and evaluate the credits for mobile clients, devising a method that is of the coalescence of genetic algorithm and multidimensional distinguishing model. In the end of this pa-per, a result of a testing application in Zhuhai Branch, GMCC was provided. The precision of the forecasting and evaluation of the client's credit is near 90%. This study is very signifi-cant to the mobile communication corporation at all levels.The popularization of the techniques and the result would pro-duce great benefits of both society and economy.

  11. The Application of Genetic Algorithms and Multidimensional Distinguishing Model in Forecasting and Evaluating Credits for Mobile Clients

    Institute of Scientific and Technical Information of China (English)

    LiZhan; XuJi-sheng

    2003-01-01

    To solve the arrearage problem that puzzled most of the mobile corporations, we propose an approach to forecast and evaluate the credits for mobile clients, devising a method that is of the coalescence of genetic algorithm and multidimensional distinguishing model. In the end of this paper, a result of a testing application in Zhuhai Branch, GMCC was provided. The precision of the forecasting and evaluation of the client's credit is near 90%. This study is very significant to the mobile communication corporation at all levels.The popularization o{ the techniques and the result would produce great benefits of both society and economy.

  12. 75 FR 17976 - WNC Tax Credits 38, LLC, WNC Tax Credits 39, LLC, WNC Housing Tax Credits Manager, LLC and WNC...

    Science.gov (United States)

    2010-04-08

    ... COMMISSION WNC Tax Credits 38, LLC, WNC Tax Credits 39, LLC, WNC Housing Tax Credits Manager, LLC and WNC... Act. Applicants: WNC Tax Credits 38, LLC (``Fund 38'') and WNC Tax Credits 39, LLC (``Fund 39'') (each a ``Fund,'' and collectively, the ``Funds''), WNC Housing Tax Credits Manager, LLC (the...

  13. A PWR Thorium Pin Cell Burnup Benchmark

    Energy Technology Data Exchange (ETDEWEB)

    Weaver, Kevan Dean; Zhao, X.; Pilat, E. E; Hejzlar, P.

    2000-05-01

    As part of work to evaluate the potential benefits of using thorium in LWR fuel, a thorium fueled benchmark comparison was made in this study between state-of-the-art codes, MOCUP (MCNP4B + ORIGEN2), and CASMO-4 for burnup calculations. The MOCUP runs were done individually at MIT and INEEL, using the same model but with some differences in techniques and cross section libraries. Eigenvalue and isotope concentrations were compared on a PWR pin cell model up to high burnup. The eigenvalue comparison as a function of burnup is good: the maximum difference is within 2% and the average absolute difference less than 1%. The isotope concentration comparisons are better than a set of MOX fuel benchmarks and comparable to a set of uranium fuel benchmarks reported in the literature. The actinide and fission product data sources used in the MOCUP burnup calculations for a typical thorium fuel are documented. Reasons for code vs code differences are analyzed and discussed.

  14. CREDIT SYSTEM AND CREDIT GUARANTEE PROGRAMS

    OpenAIRE

    Turgay GECER

    2012-01-01

    Credit system is an integrated architecture consisted of financial information, credit rating, credit risk management, receivables and credit insurance systems, credit derivative markets and credit guarantee programs. The main purpose of the credit system is to provide the functioning of all credit channels and to make it easy to access of credit sources demanded by all of real and legal persons in any economic system. Credit guarantee program, the one of prominent elements of the credit syst...

  15. CREDIT Performance Indicator Framework

    DEFF Research Database (Denmark)

    Frandsen, Anne Kathrine; Bertelsen, Niels Haldor; Haugbølle, Kim

    2010-01-01

    During the past two years the Nordic Baltic research project CREDIT (Construction and Real Estate – Developing Indicators for Transparency) has worked with the aim to improve transparency of value creation in building and real estate. One of the central deliverables of the CREDIT project...... was a framework of indicators relevant in building and real estate and applicable in the Nordic and Baltic countries as well as a proposal for a set of key indicators. The study resulting in CREDIT Performance Indicator Framework has been based on 28 case studies of evaluation practises in the building and real...... regulations in the countries participating in CREDIT. The Performance Indicator Framework encompassed 187 indicators grouped in 7 main groups of indicators and 42 sub-groups. Based on the CREDIT case studies it was concluded that there neither is link between certain indicators and specific building types...

  16. Preliminary Neutronic Design of High Burnup OTTO Cycle Pebble Bed Reactor

    Directory of Open Access Journals (Sweden)

    T. Setiadipura

    2015-04-01

    Full Text Available The pebble bed type High Temperature Gas-cooled Reactor (HTGR is among the interesting nuclear reactor designs in terms of safety and flexibility for co-generation applications. In addition, the strong inherent safety characteristics of the pebble bed reactor (PBR which is based on natural mechanisms improve the simplicity of the PBR design, in particular for the Once-Through-Then-Out (OTTO cycle PBR design. One of the important challenges of the OTTO cycle PBR design, and nuclear reactor design in general, is improving the nuclear fuel utilization which is shown by attaining a higher burnup value. This study performed a preliminary neutronic design study of a 200 MWt OTTO cycle PBR with high burnup while fulfilling the safety criteria of the PBR design.The safety criteria of the design was represented by the per-fuel-pebble maximum power generation of 4.5 kW/pebble. The maximum burnup value was also limited by the tested maximum burnup value which maintained the integrity of the pebble fuel. Parametric surveys were performed to obtain the optimized parameters used in this study, which are the fuel enrichment, per-pebble heavy metal (HM loading, and the average axial speed of the fuel. An optimum design with burnup value of 131.1 MWd/Kg-HM was achieved in this study which is much higher compare to the burnup of the reference design HTR-MODUL and a previously proposed OTTO-cycle PBR design. This optimum design uses 17% U-235 enrichment with 4 g HM-loading per fuel pebble

  17. High burnup effects in WWER fuel rods

    Energy Technology Data Exchange (ETDEWEB)

    Smirnov, V.; Smirnov, A. [RRC Research Institute of Atomic Reactors, Dimitrovqrad (Russian Federation)

    1996-03-01

    Since 1987 at the Research Institute of Atomic Reactors, the examinations of the WWER spent fuel assemblies has been carried out. These investigations are aimed to gain information on WWER spent fuel conditions in order to validate the fuel assemblies use during the 3 and 4 year fuel cycle in the WWER-440 and WWER-1000 units. At present time, the aim is to reach an average fuel burnup of 55 MWd/kgU. According to this aim, a new investigation program on the WWER spent fuel elements is started. The main objectives of this program are to study the high burnup effects and their influence on the WWER fuel properties. This paper presented the main statistical values of the WWER-440 and WWER-1000 reactors` fuel assemblies and their fragment parameters. Average burnup of fuel in the investigated fuel assemblies was in the range of 13 to 49.7 MWd/kgU. In this case, the numer of fuel cycles was from 1 to 4 during operation of the fuel assemblies.

  18. 49 CFR 260.13 - Credit reform.

    Science.gov (United States)

    2010-10-01

    ... appropriations, direct payment of a Credit Risk Premium by the Applicant or a non-Federal infrastructure partner... 49 Transportation 4 2010-10-01 2010-10-01 false Credit reform. 260.13 Section 260.13... REHABILITATION AND IMPROVEMENT FINANCING PROGRAM Overview § 260.13 Credit reform. The Federal Credit Reform...

  19. 49 CFR 536.4 - Credits.

    Science.gov (United States)

    2010-10-01

    ... category, and model year of origin (vintage). (b) Application of credits. All credits earned and applied... or transferred credits; VMTe = Lifetime vehicle miles traveled as provided in the following table for the model year and compliance category in which the credit was earned. VMTu = Lifetime vehicle...

  20. The application of data envelopment analysis method in managing companies' credit risk

    Directory of Open Access Journals (Sweden)

    Anna Ferus

    2014-04-01

    Full Text Available The subject of the present article is a new procedure forecasting credit risk of companies in Polish economic environment. What favors the suggested approach is the fact that in Poland, unlike in western countries, DEA method has not yet been implemented in order to assess credit risk that companies face. The research described in the article has been conducted on the basis of comparison of suggested DEA method with currently used procedures, namely point method, discriminative analysis and linear regression. In order to verify and compare the efficiency of various methods of company credit risk estimation the efficiency of classification of companies has also been examined. The study has involved an analyzed sample (a teaching sample as well as a test sample which was not taken in model building. Considering the research, it can be concluded that DEA method facilitates forecasting financial problems, including bankruptcy of companies in Polish economic conditions, and its efficiency is comparable or even greater than approaches implemented so far. The DEA methodology was found to be successful within the credit evaluation process, however it might not be used as a stand alone tool for this purpose, but it can offer valuable insight to the loan officer or the analyst facing the credit approval decision.

  1. 76 FR 40946 - WNC Tax Credits 40, LLC, WNC Tax Credits 41, LLC, WNC Housing Tax Credits Manager 2, LLC, WNC...

    Science.gov (United States)

    2011-07-12

    ... COMMISSION WNC Tax Credits 40, LLC, WNC Tax Credits 41, LLC, WNC Housing Tax Credits Manager 2, LLC, WNC... sections other than rule 38a-1 under the Act. Applicants: WNC Tax Credits 40, LLC (``Fund 40'') and WNC Tax Credits 41, LLC (``Fund 41'') (each a ``Fund,'' and collectively, the ``Funds''), WNC Housing Tax...

  2. Review of Technical Issues Related to Predicting Isotopic Compositions and Source Terms for High-Burnup LWR Fuel

    Energy Technology Data Exchange (ETDEWEB)

    Gauld, I. C.; Parks, C. V.

    2000-12-11

    This report has been prepared to review the technical issues important to the prediction of isotopic compositions and source terms for high-burnup, light-water-reactor (LWR) fuel as utilized in the licensing of spent fuel transport and storage systems. The current trend towards higher initial 235U enrichments, more complex assembly designs, and more efficient fuel management schemes has resulted in higher spent fuel burnups than seen in the past. This trend has led to a situation where high-burnup assemblies from operating LWRs now extend beyond the area where available experimental data can be used to validate the computational methods employed to calculate spent fuel inventories and source terms. This report provides a brief review of currently available validation data, including isotopic assays, decay heat measurements, and shielded dose-rate measurements. Potential new sources of experimental data available in the near term are identified. A review of the background issues important to isotopic predictions and some of the perceived technical challenges that high-burnup fuel presents to the current computational methods are discussed. Based on the review, the phenomena that need to be investigated further and the technical issues that require resolution are presented. The methods and data development that may be required to address the possible shortcomings of physics and depletion methods in the high-burnup and high-enrichment regime are also discussed. Finally, a sensitivity analysis methodology is presented. This methodology is currently being investigated at the Oak Ridge National Laboratory as a computational tool to better understand the changing relative significance of the underlying nuclear data in the different enrichment and burnup regimes and to identify the processes that are dominant in the high-burnup regime. The potential application of the sensitivity analysis methodology to help establish a range of applicability for experimental

  3. An Application Relating To Credit Risk and Credit Risk Management in Tu rkish Banking System: The Case of Turkey Garanti Bank

    Directory of Open Access Journals (Sweden)

    Seyhan Çil Koçyiğit

    2014-09-01

    Full Text Available Within the globalization process of the world, at the competitive area arised as a result of the rapid increase in the number of banks and their branches in developing countries, the vigorously existance of banks depend on the management of the risks faced successfully. Banks must establish their credit strategies onto a good risk managment. Indeed, it is the inevitable fact that the success of financial institutions depends on having a powerful risk management system. In this study, by using the banking ratios, it is aimed to investigate the credit-risk changes of Turkish Garanti Bank (S.C. by three-month periods of 2007–2012 and give information about the risk management of Turkish Garanti Bank (S.C.. In conclusion, it is seen that, at Turkish Garanti Bank (S.C., credit risk is measured and evaluated in accordance with international standards, and all risk management is executing in parallel with Basel II regulations.

  4. Credit Hours with No Set Time: A Study of Credit Policies in Asynchronous Online Education

    Science.gov (United States)

    Prasuhn, Frederick Carl

    2014-01-01

    U.S. public university system policies were examined to learn how credit hours were determined for asynchronous online education. Findings indicated that (a) credit hour meaning and use are not consistent, (b) primary responsibility for credit hour decisions was at the local level, and (c) no policies exist to guide credit hour application for…

  5. 20 CFR 211.14 - Maximum creditable compensation.

    Science.gov (United States)

    2010-04-01

    ... 20 Employees' Benefits 1 2010-04-01 2010-04-01 false Maximum creditable compensation. 211.14... CREDITABLE RAILROAD COMPENSATION § 211.14 Maximum creditable compensation. Maximum creditable compensation... Employment Accounts shall notify each employer of the amount of maximum creditable compensation applicable...

  6. Propagation of statistical and nuclear data uncertainties in Monte Carlo burn-up calculations

    Energy Technology Data Exchange (ETDEWEB)

    Garcia-Herranz, Nuria [Departamento de Ingenieria Nuclear, Universidad Politecnica de Madrid, UPM (Spain)], E-mail: nuria@din.upm.es; Cabellos, Oscar [Departamento de Ingenieria Nuclear, Universidad Politecnica de Madrid, UPM (Spain); Sanz, Javier [Departamento de Ingenieria Energetica, Universidad Nacional de Educacion a Distancia, UNED (Spain); Juan, Jesus [Laboratorio de Estadistica, Universidad Politecnica de Madrid, UPM (Spain); Kuijper, Jim C. [NRG - Fuels, Actinides and Isotopes Group, Petten (Netherlands)

    2008-04-15

    Two methodologies to propagate the uncertainties on the nuclide inventory in combined Monte Carlo-spectrum and burn-up calculations are presented, based on sensitivity/uncertainty and random sampling techniques (uncertainty Monte Carlo method). Both enable the assessment of the impact of uncertainties in the nuclear data as well as uncertainties due to the statistical nature of the Monte Carlo neutron transport calculation. The methodologies are implemented in our MCNP-ACAB system, which combines the neutron transport code MCNP-4C and the inventory code ACAB. A high burn-up benchmark problem is used to test the MCNP-ACAB performance in inventory predictions, with no uncertainties. A good agreement is found with the results of other participants. This benchmark problem is also used to assess the impact of nuclear data uncertainties and statistical flux errors in high burn-up applications. A detailed calculation is performed to evaluate the effect of cross-section uncertainties in the inventory prediction, taking into account the temporal evolution of the neutron flux level and spectrum. Very large uncertainties are found at the unusually high burn-up of this exercise (800 MWd/kgHM). To compare the impact of the statistical errors in the calculated flux with respect to the cross uncertainties, a simplified problem is considered, taking a constant neutron flux level and spectrum. It is shown that, provided that the flux statistical deviations in the Monte Carlo transport calculation do not exceed a given value, the effect of the flux errors in the calculated isotopic inventory are negligible (even at very high burn-up) compared to the effect of the large cross-section uncertainties available at present in the data files.

  7. Fuzzy neural and chaotic searching hybrid algorithm and its application in electric customers's credit risk evaluation

    Institute of Scientific and Technical Information of China (English)

    LI Xiang; LIU Guang-ying; QI Jian-xun

    2007-01-01

    To evaluate the credit risk of customers in power market precisely, the new chaotic searching and fuzzy neural network (FNN)hybrid algorithm were proposed. By combining with the chaotic searching,the learning ability of the FNN was markedly enhanced. Customers'actual credit flaw data of power supply enterprises were collected to carry on the real evaluation, which can be treated as example for the model. The result shows that the proposed method surpasses the traditional statistical models in regard to the precision of forecasting and has a practical value. Compared with the results of ordinary FNN and ANN. the precision of the proposed algorithm call be enhanced by 2.2% and 4.5%. respectively.

  8. The Application of DEA Method in Evaluating Credit Risk of Companies

    Directory of Open Access Journals (Sweden)

    Anna Feruś

    2010-12-01

    Full Text Available The subject of the present article is a new procedure forecasting credit risk of companies in Polish economy environment. What favors the suggested approach is the fact that in Poland, unlike in western countries, DEA method has not yet been implemented in order to assess credit risk that companies face. The research described in the article has been conducted on the basis of comparison of suggested DEA method with currently used procedures, namely point method, discriminative analysis and linear regression. Considering the research, it can be concluded that DEA method facilitates forecasting financial problems, including bankruptcy of companies in Polish economic conditions, and its effectiveness is comparable or even greater than approaches implemented so far.  

  9. Evaluation technology for burnup and generated amount of plutonium by measurement of xenon isotopic ratio in dissolver off-gas at reprocessing facility (Joint research)

    OpenAIRE

    岡野 正紀; 久野 剛彦; 高橋 一朗; 白水 秀知; Charlton, W. S.; Wells, C. A.; Hemberger, P. H.; 山田 敬二; 酒井 敏雄

    2006-01-01

    The amount of Pu in the spent fuel was evaluated from Xe isotopic ratio in off-gas in reprocessing facility, is related to burnup. Six batches of dissolver off-gas at spent fuel dissolution process were sampled from the main stack in Tokai Reprocessing Plant during BWR fuel reprocessing campaign. Xenon isotopic ratio was determined with GC/MS. Burnup and generated amount of Pu were evaluated with Noble Gas Environmental Monitoring Application code (NOVA), developed by Los Alamos National Labo...

  10. Credit Where Credit Is Due

    Institute of Scientific and Technical Information of China (English)

    2010-01-01

    Consumer finance companies will boost national consumption and allow Chinese citizens to broaden their purchasing horizons Buying refrigerators, washing machines or computers, in addition to paying for a variety of other expenses, will be made easier after consumer credit

  11. Application of a Multi-Agent System (MAS) to Rational Credit Rating

    Institute of Scientific and Technical Information of China (English)

    2006-01-01

    A Multi-Agent System (MAS) is a promising approach to build complex system. This paper introduces the research of the Inner-Enterprise Credit Rating MAS (IECRMAS). To raise the ratingaccuracy, we not only consider the rating-target's information, but also focus on the evaluators' feature information and propose the rational rating-group formation algorithm based on an anti-bias measurement of the group. We also propose the rational rating individual, which consists of the evaluator and the assistant rating agent. A rational group formation protocol is designed to coordinate autonomous agents to perform the rating job.

  12. A semi-empirical model for the formation and depletion of the high burnup structure in UO2

    Science.gov (United States)

    Pizzocri, D.; Cappia, F.; Luzzi, L.; Pastore, G.; Rondinella, V. V.; Van Uffelen, P.

    2017-04-01

    In the rim zone of UO2 nuclear fuel pellets, the combination of high burnup and low temperature drives a microstructural change, leading to the formation of the high burnup structure (HBS). In this work, we propose a semi-empirical model to describe the formation of the HBS, which embraces the polygonisation/recrystallization process and the depletion of intra-granular fission gas, describing them as inherently related. For this purpose, we performed grain-size measurements on samples at radial positions in which the restructuring was incomplete. Based on these new experimental data, we infer an exponential reduction of the average grain size with local effective burnup, paired with a simultaneous depletion of intra-granular fission gas driven by diffusion. The comparison with currently used models indicates the applicability of the herein developed model within integral fuel performance codes.

  13. Comparison of neutron cross sections for selected fission products and isotopic composition analyses with burnup

    Energy Technology Data Exchange (ETDEWEB)

    Kim, D. H.; Gil, C. S.; Kim, J. D.; Jang, J. H.; Lee, Y. D. [KAERI, Taejon (Korea)

    2003-10-01

    The neutron absorption cross sections for 18 fission products evaluated within the framework of the KAERI-BNL international collaboration have been compared with the ENDF/B-VI release 7. Also, the influence of the new evaluations on isotopic compositions of the fission products as a function of burnup has been analyzed through the OECD/NEA burnup credit criticality benchmarks (Phase 1B) and the LWR/Pu recycling benchmarks. These calculations were performed by WIMSD-5B with the 69 group libraries prepared from three evaluated nuclear data libraries: ENDF/B-VI.7, ENDF/B-VI.8 including new evaluations in resonance region covering thermal region, and ENDF/B-VII expected including those in upper resonance region up to 20 MeV. For Xe-131, the composition calculated with ENDF/B-VI.8 shows maximum difference of 4.78% compared to ENDF/B-VI.7. However, the isotopic compositions of all fission products calculated with ENDF/B-VII shows no differences compared to ENDF/B-VI.7.

  14. Triton burnup measurements in KSTAR using a neutron activation system

    Science.gov (United States)

    Jo, Jungmin; Cheon, MunSeong; Kim, Jun Young; Rhee, T.; Kim, Junghee; Shi, Yue-Jiang; Isobe, M.; Ogawa, K.; Chung, Kyoung-Jae; Hwang, Y. S.

    2016-11-01

    Measurements of the time-integrated triton burnup for deuterium plasma in Korea Superconducting Tokamak Advanced Research (KSTAR) have been performed following the simultaneous detection of the d-d and d-t neutrons. The d-d neutrons were measured using a 3He proportional counter, fission chamber, and activated indium sample, whereas the d-t neutrons were detected using activated silicon and copper samples. The triton burnup ratio from KSTAR discharges is found to be in the range 0.01%-0.50% depending on the plasma conditions. The measured burnup ratio is compared with the prompt loss fraction of tritons calculated with the Lorentz orbit code and the classical slowing-down time. The burnup ratio is found to increase as plasma current and classical slowing-down time increase.

  15. 48 CFR 2132.607 - Tax credit.

    Science.gov (United States)

    2010-10-01

    ... 48 Federal Acquisition Regulations System 6 2010-10-01 2010-10-01 true Tax credit. 2132.607... Contract Debts 2132.607 Tax credit. FAR 32.607 has no practical application to FEGLI Program contracts. The... Government, contractors may not offset debts to the Fund by a tax credit that is solely a...

  16. 48 CFR 1632.607 - Tax credit.

    Science.gov (United States)

    2010-10-01

    ... 48 Federal Acquisition Regulations System 6 2010-10-01 2010-10-01 true Tax credit. 1632.607... 1632.607 Tax credit. FAR 32.607 has no practical application to FEHBP contracts. The statutory... may not offset debts to the Fund by a tax credit which is solely a Government obligation....

  17. A nonparametric urn-based approach to interacting failing systems with an application to credit risk modeling

    CERN Document Server

    Cirillo, Pasquale; Muliere, Pietro

    2010-01-01

    In this paper we propose a new nonparametric approach to interacting failing systems (FS), that is systems whose probability of failure is not negligible in a fixed time horizon, a typical example being firms and financial bonds. The main purpose when studying a FS is to calculate the probability of default and the distribution of the number of failures that may occur during the observation period. A model used to study a failing system is defined default model. In particular, we present a general recursive model constructed by the means of inter- acting urns. After introducing the theoretical model and its properties we show a first application to credit risk modeling, showing how to assess the idiosyncratic probability of default of an obligor and the joint probability of failure of a set of obligors in a portfolio of risks, that are divided into reliability classes.

  18. Analysis of high burnup pressurized water reactor fuel using uranium, plutonium, neodymium, and cesium isotope correlations with burnup

    Energy Technology Data Exchange (ETDEWEB)

    Kim, Jung Suk; Jeon, Young Shin; Park, Soon Dal; Ha, Yeong Keong; Song, Kyu Seok [Nuclear Chemistry Research Division, Korea Atomic Energy Research Institute, Daejeon (Korea, Republic of)

    2015-12-15

    The correlation of the isotopic composition of uranium, plutonium, neodymium, and cesium with the burnup for high burnup pressurized water reactor fuels irradiated in nuclear power reactors has been experimentally investigated. The total burnup was determined by Nd-148 and the fractional {sup 235}U burnup was determined by U and Pu mass spectrometric methods. The isotopic compositions of U, Pu, Nd, and Cs after their separation from the irradiated fuel samples were measured using thermal ionization mass spectrometry. The contents of these elements in the irradiated fuel were determined through an isotope dilution mass spectrometric method using {sup 233}U, {sup 242}Pu, {sup 150}Nd, and {sup 133}Cs as spikes. The activity ratios of Cs isotopes in the fuel samples were determined using gamma-ray spectrometry. The content of each element and its isotopic compositions in the irradiated fuel were expressed by their correlation with the total and fractional burnup, burnup parameters, and the isotopic compositions of different elements. The results obtained from the experimental methods were compared with those calculated using the ORIGEN-S code.

  19. Underestimation of nuclear fuel burnup – theory, demonstration and solution in numerical models

    Directory of Open Access Journals (Sweden)

    Gajda Paweł

    2016-01-01

    Full Text Available Monte Carlo methodology provides reference statistical solution of neutron transport criticality problems of nuclear systems. Estimated reaction rates can be applied as an input to Bateman equations that govern isotopic evolution of reactor materials. Because statistical solution of Boltzmann equation is computationally expensive, it is in practice applied to time steps of limited length. In this paper we show that simple staircase step model leads to underprediction of numerical fuel burnup (Fissions per Initial Metal Atom – FIMA. Theoretical considerations indicates that this error is inversely proportional to the length of the time step and origins from the variation of heating per source neutron. The bias can be diminished by application of predictor-corrector step model. A set of burnup simulations with various step length and coupling schemes has been performed. SERPENT code version 1.17 has been applied to the model of a typical fuel assembly from Pressurized Water Reactor. In reference case FIMA reaches 6.24% that is equivalent to about 60 GWD/tHM of industrial burnup. The discrepancies up to 1% have been observed depending on time step model and theoretical predictions are consistent with numerical results. Conclusions presented in this paper are important for research and development concerning nuclear fuel cycle also in the context of Gen4 systems.

  20. Effect of burn-up and high burn-up structure on spent nuclear fuel alteration

    Energy Technology Data Exchange (ETDEWEB)

    Clarens, F.; Gonzalez-Robles, E.; Gimenez, F. J.; Casas, I.; Pablo, J. de; Serrano, D.; Wegen, D.; Glatz, J. P.; Martinez-Esparza, A.

    2009-07-01

    In this report the results of the experimental work carried out within the collaboration project between ITU-ENRESA-UPC/CTM on spent fuel (SF) covering the period 2005-2007 were presented. Studies on both RN release (Fast Release Fraction and matrix dissolution rate) and secondary phase formation were carried out by static and flow through experiments. Experiments were focussed on the study of the effect of BU with two PWR SF irradiated in commercial reactors with mean burn-ups of 48 and 60 MWd/KgU and; the effect of High Burn-up Structure (HBS) using powdered samples prepared from different radial positions. Additionally, two synthetic leaching solutions, bicarbonate and granitic bentonite ground wa ter were used. Higher releases were determined for RN from SF samples prepared from the center in comparison with the fuel from the periphery. However, within the studied range, no BU effect was observed. After one year of contact time, secondary phases were observed in batch experiments, covering the SF surface. Part of the work was performed for the Project NF-PRO of the European Commission 6th Framework Programme under contract no 2389. (Author)

  1. 12 CFR 201.51 - Interest rates applicable to credit extended by a Federal Reserve Bank. 1

    Science.gov (United States)

    2010-01-01

    ... account rates on market sources of funds. (d) Primary credit rate in a financial emergency. (1) The primary credit rate at a Federal Reserve Bank is the target federal funds rate of the Federal Open Market... U.S. money markets resulting from an act of war, military or terrorist attack, natural disaster,...

  2. The Financial Indicators' Application in the Evaluation of Credit Risk%财务指标评价银行信贷风险的实例运用

    Institute of Scientific and Technical Information of China (English)

    伍宇冰

    2011-01-01

    纵观古今,对于全球银行业来说,信贷风险管理的好坏决定了银行的生死存亡。近年来,随着我国银行业体制改革深入,各家银行信贷业务发展迅速,但是我国银行业信贷风险管理观念薄弱,管理水平仍较低,信贷业务快速发展和风险管理相对滞后的矛盾日益凸显,国内关于银行信贷风险管理手段和技术的研究也比较落后,本文将着重从财务报表分析角度探讨财务指标在信贷风险评价中的运用,探讨财务指标在信贷风险评价中的有效性。%Historically,it is the performance of credit risk management that determines the survival of banks for the global banking.In recent years,with the further structural reforms in the banking of our country,the credit risk management of banks develop rapidly.However,owing to the weakness of the conception of credit risk management,the low level of the management and the debasing ability to withstand risks in our country's banking,the contradiction between the rapid development of credit and relatively lag of the risk management is becoming increasingly conspicuous.Domestic research on the methods and technology of bank credit risk management is relatively backward.From the perspective of financial statements analysis,this paper arms at discussing the financial indicators' application and effectiveness in the evaluation of credit risk.

  3. MODELING CREDIT RISK THROUGH CREDIT SCORING

    OpenAIRE

    Adrian Cantemir CALIN; Oana Cristina POPOVICI

    2014-01-01

    Credit risk governs all financial transactions and it is defined as the risk of suffering a loss due to certain shifts in the credit quality of a counterpart. Credit risk literature gravitates around two main modeling approaches: the structural approach and the reduced form approach. In addition to these perspectives, credit risk assessment has been conducted through a series of techniques such as credit scoring models, which form the traditional approach. This paper examines the evolution of...

  4. An empirical formulation to describe the evolution of the high burnup structure

    Science.gov (United States)

    Lemes, Martín; Soba, Alejandro; Denis, Alicia

    2015-01-01

    In the present work the behavior of fuel pellets for LWR power reactors in the high burnup range (average burnup higher than about 45 MWd/kgU) is analyzed. For extended irradiation periods, a considerable Pu concentration is reached in the pellet periphery (rim zone), that contributes to local burnup. Gradually, a new microstructure develops in that ring, characterized by small grains and large pores as compared with those of the original material. In this region Xe is absent from the solid lattice (although it continues to be dissolved in the rest of the pellet). The porous microstructure in the pellet edge causes local changes in the mechanical and thermal properties, thus affecting the overall fuel behavior. It is generally accepted that the evolution of porosity in the high burnup structure (HBS) is determinant of the retention capacity of the fission gases rejected from the fuel matrix. This is the reason why, during the latest years a considerable effort has been devoted to characterizing the parameters that influence porosity. Although the mechanisms governing the microstructural transformation have not been completely elucidated yet, some empirical expressions can be given, and this is the intention of the present work, for representing the main physical parameters. Starting from several works published in the open literature, some mathematical expressions were developed to describe the behavior and progress of porosity at local burnup values ranging from 60 to 300 MWd/kgU. The analysis includes the interactions of different orders between pores, the growth of the pore radius by capturing vacancies, the evolution of porosity, pore number density and overpressure within the closed pores, the inventory of fission gas dissolved in the matrix and retained in the pores. The model is mathematically expressed by a system of non-linear differential equations. In the present work, results of this calculation scheme are compared with experimental data available in

  5. Power excursion analysis for BWR`s at high burnup

    Energy Technology Data Exchange (ETDEWEB)

    Diamond, D.J.; Neymoith, L.; Kohut, P. [Brookhaven National Lab., Upton, NY (United States)

    1996-03-01

    A study has been undertaken to determine the fuel enthalpy during a rod drop accident and during two thermal-hydraulic transients. The objective was to understand the consequences to high burnup fuel and the sources of uncertainty in the calculations. The analysis was done with RAMONA-4B, a computer code that models the neutron kinetics throughout the core along with the thermal-hydraulics in the core, vessel, and steamline. The results showed that the maximum fuel enthalpy in high burnup fuel will be affected by core design, initial conditions, and modeling assumptions. The important parameters in each of these categories are discussed in the paper.

  6. Interdependence and contagion among industry-level US credit markets: An application of wavelet and VMD based copula approaches

    Science.gov (United States)

    Shahzad, Syed Jawad Hussain; Nor, Safwan Mohd; Kumar, Ronald Ravinesh; Mensi, Walid

    2017-01-01

    This study examines the interdependence and contagion among US industry-level credit markets. We use daily data of 11 industries from 17 December 2007 to 31 December 2014 for the time-frequency, namely, wavelet squared coherence analysis. The empirical analysis reveals that Basic Materials (Utilities) industry credit market has the highest (lowest) interdependence with other industries. Basic Materials credit market passes cyclical effect to all other industries. The little "shift-contagion" as defined by Forbes and Rigobon (2002) is examined using elliptical and Archimedean copulas on the short-run decomposed series obtained through Variational Mode Decomposition (VMD). The contagion effects between US industry-level credit markets mainly occurred during the global financial crisis of 2007-08.

  7. Credit: Educational Loans, Money Management, Credit Cards

    Science.gov (United States)

    Nation's Schools and Colleges, 1974

    1974-01-01

    Brief notes discuss current developments such as a bank loan program for parents with university-age children; a high school student-run credit union; and charging education fees with credit cards. (JF)

  8. Need for higher fuel burnup at the Hatch Plant

    Energy Technology Data Exchange (ETDEWEB)

    Beckhman, J.T. [Georgia Power Co., Birmingham, AL (United States)

    1996-03-01

    Hatch is a BWR 4 and has been in operation for some time. The first unit became commercial about 1975. Obtaining higher burnups, or higher average discharge exposures, is nothing new at Hatch. Since we have started, the discharge exposure of the plant has increased. Now, of course, we are not approaching the numbers currently being discussed but, the average discharge exposure has increased from around 20,000 MWD/MTU in the early to mid-1980s to 34,000 MWD/MTU in 1994, I am talking about batch average values. There are also peak bundle and peak rod values. You will have to make the conversions if you think in one way or the other because I am talking in batch averages. During Hatch`s operating history we have had some problems with fuel failure. Higher burnup fuel raises a concern about how much fuel failure you are going to have. Fuel failure is, of course, an economic issue with us. Back in the early 1980s, we had a problem with crud-induced localized corrosion, known as CILC. We have gotten over that, but we had some times when it was up around 27 fuel failures a year. That is not a pleasant time to live through because it is not what you want from an economic viewpoint or any other. We have gotten that down. We have had some fuel failures recently, but they have not been related to fuel burnup or to corrosion. In fact, the number of failures has decreased from the early 1980s to the 90s even though burnup increased during that time. The fuel failures are more debris-related-type failures. In addition to increasing burnups, utilities are actively evaluating or have already incorporated power uprate and longer fuel cycles (e.g., 2-year cycles). The goal is to balance out the higher power density, longer cycles, higher burnup, and to have no leakers. Why do we as an industry want to have higher burnup fuel? That is what I want to tell you a little bit about.

  9. Design and construction of a prototype advanced on-line fuel burn-up monitoring system for the modular pebble bed reactor

    Energy Technology Data Exchange (ETDEWEB)

    Su, Bingjing; Hawari, Ayman, I.

    2004-03-30

    Modular Pebble Bed Reactor (MPBR) is a high temperature gas-cooled nuclear power reactor currently under study as a next generation reactor system. In addition to its inherently safe design, a unique feature of this reactor is its multi-pass fuel circulation in which the fuel pebbles are randomly loaded and continuously cycled through the core until they reach their prescribed End-of-Life burn-up limit. Unlike the situation with a conventional light water reactor, depending solely on computational methods to perform in-core fuel management for MPBR will be highly inaccurate. An on-line measurement system is needed to accurately assess whether a given pebble has reached its End-of-Life burn-up limit and thereby provide an on-line, automated go/no-go decision on fuel disposition on a pebble-by-pebble basis. This project investigated approaches to analyzing fuel pebbles in real time using gamma spectroscopy and possibly using passive neutron counting of spontaneous fission neutrons to provide the speed, accuracy, and burn-up range required for burnup determination of MPBR. It involved all phases necessary to develop and construct a burn-up monitor, including a review of the design requirements of the system, identification of detection methodologies, modeling and development of potential designs, and finally, the construction and testing of an operational detector system. Based upon the research work performed in this project, the following conclusions are made. In terms of using gamma spectrometry, two possible approaches were identified for burnup assay. The first approach is based on the measurement of the absolute activity of Cs-137. However, due to spectral interference and the need for absolute calibration of the spectrometer, the uncertainty in burnup determination using this approach was found to range from {approx} {+-}40% at beginning of life to {approx} {+-}10% at the discharge burnup. An alternative approach is to use a relative burnup indicator. In this

  10. OREST - The hammer-origen burnup program system

    Energy Technology Data Exchange (ETDEWEB)

    Hesse, U. (Gesellschaft fur Reaktorsicherheit mbH Forschungsgelande, 8046 Garching bei Munchen (DE))

    1988-08-01

    Reliable prediction of the characteristics of irradiated light water reactor fuels (e.g., afterheat power, neutron and gamma radiation sources, final uranium and plutonium contents) is needed for many aspects of the nuclear fuel cycle. Two main problems must be solved: the simulation of all isotopic nuclear reactions and the simulation of neutron fluxes setting the reactions in motion. In state-of-the-art computer techniques, a combination of specialized codes for lattice cell and burnup calculations is preferred to solve these cross-linked problems in time or burnup step approximation. In the program system OREST, developed for official and commercial tasks in the Federal Republic of Germany nuclear fuel cycle, the well-known codes HAMMER and ORIGEN and directly coupled with a fuel rod temperature module.

  11. ATR PDQ and MCWO Fuel Burnup Analysis Codes Evaluation

    Energy Technology Data Exchange (ETDEWEB)

    G.S. Chang; P. A. Roth; M. A. Lillo

    2009-11-01

    The Advanced Test Reactor (ATR) at the Idaho National Laboratory (INL) is being studied to determine the feasibility of converting it from the highly enriched Uranium (HEU) fuel that is currently uses to low enriched Uranium (LEU) fuel. In order to achieve this goal, it would be best to qualify some different computational methods than those that have been used at ATR for the past 40 years. This paper discusses two methods of calculating the burnup of ATR fuel elements. The existing method, that uses the PDQ code, is compared to a modern method that uses A General Monte Carlo N-Particle Transport Code (MCNP) combined with the Origen2.2 code. This modern method, MCNP with ORIGEN2.2 (MCWO), is found to give excellent agreement with the existing method (PDQ). Both of MCWO and PDQ are also in a very good agreement to the 235U burnup data generated by an analytical method.

  12. New burnup calculation of TRIGA IPR-R1 reactor

    Energy Technology Data Exchange (ETDEWEB)

    Meireles, Sincler P. de; Campolina, Daniel de A.M.; Santos, Andre A. Campagnole dos; Menezes, Maria A.B.C.; Mesquita, Amir Z., E-mail: sinclercdtn@hotmail.com.br [Centro de Desenvolvimento da Tecnologia Nuclear (CDTN/CNEN-MG), Belo Horizonte, MG (Brazil)

    2015-07-01

    The IPR-R1 TRIGA Mark I research reactor, located at the Nuclear Technology Development Center - CDTN, Belo Horizonte, Brazil, operates since 1960.The reactor is operating for more than fifty years and has a long history of operation. Determining the current composition of the fuel is very important to calculate various parameters. The reactor burnup calculation has been performed before, however, new techniques, methods, software and increase of the processing capacity of the new computers motivates new investigations to be performed. This work presents the evolution of effective multiplication constant and the results of burnup. This new model has a more detailed geometry with the introduction of the new devices, like the control rods and the samarium discs. This increase of materials in the simulation in burnup calculation was very important for results. For these series of simulations a more recently cross section library, ENDF/B-VII, was used. To perform the calculations two Monte Carlo particle transport code were used: Serpent and MCNPX. The results obtained from two codes are presented and compared with previous studies in the literature. (author)

  13. Model biases in high-burnup fast reactor simulations

    Energy Technology Data Exchange (ETDEWEB)

    Touran, N.; Cheatham, J.; Petroski, R. [TerraPower LLC, 11235 S.E. 6th St, Bellevue, WA 98004 (United States)

    2012-07-01

    A new code system called the Advanced Reactor Modeling Interface (ARMI) has been developed that loosely couples multiscale, multiphysics nuclear reactor simulations to provide rapid, user-friendly, high-fidelity full systems analysis. Incorporating neutronic, thermal-hydraulic, safety/transient, fuel performance, core mechanical, and economic analyses, ARMI provides 'one-click' assessments of many multi-disciplined performance metrics and constraints that historically require iterations between many diverse experts. The capabilities of ARMI are implemented in this study to quantify neutronic biases of various modeling approximations typically made in fast reactor analysis at an equilibrium condition, after many repetitive shuffles. Sensitivities at equilibrium that result in very high discharge burnup are considered ( and >20% FIMA), as motivated by the development of the Traveling Wave Reactor. Model approximations discussed include homogenization, neutronic and depletion mesh resolution, thermal-hydraulic coupling, explicit control rod insertion, burnup-dependent cross sections, fission product model, burn chain truncation, and dynamic fuel performance. The sensitivities of these approximations on equilibrium discharge burnup, k{sub eff}, power density, delayed neutron fraction, and coolant temperature coefficient are discussed. (authors)

  14. Avaliação da aplicabilidade de um modelo de credit scoring com varíaveis sistêmicas e não-sistêmicas em carteiras de crédito bancário rotativo de pessoas físicas An evaluation on the applicability of a credit scoring model, with systemic and non-systemic variables in revolving bank credit portfolio for individuals

    Directory of Open Access Journals (Sweden)

    José Odálio dos Santos

    2007-08-01

    capability. Likewise, a more significant historical exposition of the banks to insolvency risk is being observed, such as the risk of not getting paid (partially or totally and the revolving credit borrowed by consumers. Considering the size and the importance of this market to the great commercial banks and to the economy as a whole, the scope of this research comprises the following points: 1. detailing the processes of subjective and objective credit analysis carried out by the main domestic private banks; 2. approaching the selective function of interest rates in revolving credits; 3. highlighting the main characteristics of credit scoring models; and 4. proposing a model of credit scoring for revolving credits. This model is based on systemic and non-systemic variables and directed to the reduction of insolvency risk. The applicability of the credit scoring model proposed in a sample, extracted from the consumers credit portfolio which belongs to an important medium size Brazilian private commercial bank (Bank X - fictitious name, presented a satisfactory accuracy level in the identification of prospective (96% and non-prospective (92% clients, which led to the conclusion that it included and considered adequately the representative variables of borrowers’ payment capability.

  15. Maximum Marginal Likelihood Estimation of a Monotonic Polynomial Generalized Partial Credit Model with Applications to Multiple Group Analysis.

    Science.gov (United States)

    Falk, Carl F; Cai, Li

    2016-06-01

    We present a semi-parametric approach to estimating item response functions (IRF) useful when the true IRF does not strictly follow commonly used functions. Our approach replaces the linear predictor of the generalized partial credit model with a monotonic polynomial. The model includes the regular generalized partial credit model at the lowest order polynomial. Our approach extends Liang's (A semi-parametric approach to estimate IRFs, Unpublished doctoral dissertation, 2007) method for dichotomous item responses to the case of polytomous data. Furthermore, item parameter estimation is implemented with maximum marginal likelihood using the Bock-Aitkin EM algorithm, thereby facilitating multiple group analyses useful in operational settings. Our approach is demonstrated on both educational and psychological data. We present simulation results comparing our approach to more standard IRF estimation approaches and other non-parametric and semi-parametric alternatives.

  16. 20 CFR 606.23 - Avoidance of tax credit reduction.

    Science.gov (United States)

    2010-04-01

    ... 20 Employees' Benefits 3 2010-04-01 2010-04-01 false Avoidance of tax credit reduction. 606.23... Tax Credit Reduction § 606.23 Avoidance of tax credit reduction. (a) Applicability. Subsection (g) of... receipts and benefit outlays under the law in effect for the year for which avoidance is requested, as...

  17. Application of Generalized Hukuhara derivative approach in an economic production quantity model with partial trade credit policy under fuzzy environment

    Directory of Open Access Journals (Sweden)

    Pinki Majumder

    2016-01-01

    Full Text Available In this present study, a production inventory model with partial trade credit is formulated and solved in fuzzy environment via Generalized Hukuhara derivative approach. To capture the market, a supplier offers a trade credit period to its retailers. Due to this facility, retailer also offers a partial trade credit period to his/her customer to boost the demand of the item. In practical life situation, demands are generally dependent upon time. Constant demand of an item varies time to time. In this vague situation, demands are taken as time dependent, where its constant part is taken as Left Right - type fuzzy number. In this paper, Generalized Hukuhara derivative approach is used to solve the fuzzy inventory model. Four different cases are considered by using Generalized Hukuhara-(i differentiability and Generalized Hukuhara-(ii differentiability. The objective of this paper is to find out the optimal time so as the total inventory cost is minimum. Finally the model is solved by generalized reduced gradient method. The proposed model and technique are illustrated by numerical examples. Some sensitivity analyses both in tabular and graphical forms are presented and the effects of minimum cost with respect to various inventory parameters are discussed.

  18. Credit Union Headquarters

    Data.gov (United States)

    Department of Homeland Security — The National Credit Union Administration (NCUA) is the independent federal agency that charters and supervises federal credit unions. NCUA, backed of the full faith...

  19. Experimental validation of the DARWIN2.3 package for fuel cycle applications

    Energy Technology Data Exchange (ETDEWEB)

    San-Felice, L.; Eschbach, R.; Bourdot, P. [DEN, DER, CEA-Cadarache, F-13108 ST Paul-Lez-Durance (France); Tsilanizara, A.; Huynh, T. D. [DEN, DM2S, CEA-Saclay, F-91191 Gif sur Yvette (France); Ourly, H. [EDF, R and D, 1 av. General de Gaulle, F-92131 Clamart Cedex (France); Thro, J. F. [AREVA, Tour AREVA, F-92084 Paris la Defense (France)

    2012-07-01

    The DARWIN package, developed by the CEA and its French partners (AREVA and EDF) provides the required parameters for fuel cycle applications: fuel inventory, decay heat, activity, neutron, {gamma}, {alpha}, {beta} sources and spectrum, radiotoxicity. This paper presents the DARWIN2.3 experimental validation for fuel inventory and decay heat calculations on Pressurized Water Reactor (PWR). In order to validate this code system for spent fuel inventory a large program has been undertaken, based on spent fuel chemical assays. This paper deals with the experimental validation of DARWIN2.3 for the Pressurized Water Reactor (PWR) Uranium Oxide (UOX) and Mixed Oxide (MOX) fuel inventory calculation, focused on the isotopes involved in Burn-Up Credit (BUC) applications and decay heat computations. The calculation - experiment (C/E-1) discrepancies are calculated with the latest European evaluation file JEFF-3.1.1 associated with the SHEM energy mesh. An overview of the tendencies is obtained on a complete range of burn-up from 10 to 85 GWd/t (10 to 60 GWcVt for MOX fuel). The experimental validation of the DARWIN2.3 package for decay heat calculation is performed using calorimetric measurements carried out at the Swedish Interim Spent Fuel Storage Facility for Pressurized Water Reactor (PWR) assemblies, covering a large burn-up (20 to 50 GWd/t) and cooling time range (10 to 30 years). (authors)

  20. Modernization of credit relations

    Directory of Open Access Journals (Sweden)

    S.V. Volosovich

    2015-03-01

    Full Text Available Nowadays it is essential to modernize credit relations in the conditions of global economy transformations. This is due to the influence of integration processes on credit relations and transformation of the risks inherent in the credit field. The purpose of this article is to develop measures that help to improve the efficiency of interaction of credit relations’ participants. Modernization of credit relations is based on the interaction of its main and indirect subjects who belong to the subsystems of loans granting, deposits attraction and provision of related services. Its goal is to pass from extensive to intensive model of interaction between the subjects of credit relations. Components of the credit relations modernization are the following: institutional modernization, which is based on the interaction of credit relations’ subjects, and ensures the development of competition in all credit market’s segments, the creation of its corresponding infrastructure, qualitative change in the approaches of regulation and supervision; technological modernization, which involves the formation of joint products on the credit market and the formation of an integrated informational and analytical system. In the result of the credit relations’ modernization it is expected to achieve synergies between the subjects of credit relations, that will lead to changes in the business architecture of the financial market.

  1. Trust and Credit

    DEFF Research Database (Denmark)

    Harste, Gorm

    The present paper is an answer to the question, how did trust and credit emerge. The systems of trust and credit reduce the environmental and contextual complexities in which trust and credit are embedded. The paper analyses the forms of this reduction in a number of stages in the evolution...

  2. Rural Credit in Vietnam

    DEFF Research Database (Denmark)

    Barslund, Mikkel Christoffer; Tarp, Finn

    This paper uses a survey of 932 rural households to uncover how the rural credit market operates in four provinces of Vietnam. Households obtain credit through formal and informal lenders, but formal loans are almost entirely for production and asset accumulation. Interest rates fell from 1997...... to credit policy is clearly inappropriate....

  3. Research and Application of Subagging for Personal Credit Scoring%Subagging在个人信用评估中的应用研究

    Institute of Scientific and Technical Information of China (English)

    刘玉峰; 贺昌政

    2011-01-01

    In this paper, we use an improved integrated classifier, subagging, to build a model for personal credit scoring, hoping to obtain better results. Due to the shortcomings of single classifier, we propose an integrated classifier for personal credit scoring. Experiment results show that subagging - KNN and subagging - decision tree can effectively improve the classification accuracy compared with single classifier and bagging. This model is more applicable to the control of consumer credit risk for commercial banks.%运用集成分类算法bagging的改进模型——subagging试图建立一个专门针对个人信用评估的方法,以期取得更好的预测分类效果.针对个人信用评估中单一分类器的不足,提出了利用分类器的集成进行个人信用评估的方法.利用UCI上的信用数据对单个分类器、bagging集成分类器以及subagging集成分类器进行实验比较,结果表明,subagging -决策树和subagging -K近邻在样本不独立和不平衡的情况下有效地提高了模型的精准性.结果显示,它们对商业银行控制消费信贷风险具有更好的适用性.

  4. Statistical methods in credit risk management

    Directory of Open Access Journals (Sweden)

    Ljiljanka Kvesić

    2012-12-01

    Full Text Available Successful banks base their operations on the principles of liquidity, profitability and safety. Therefore, the correct assessment of the ability of a loan applicant to carry out certain obligations is of crucial importance for the functioning of a bank. In the past few decades several credit scoring models have been developed to provide support to credit analysts in the assessment of a loan applicant. This paper presents three statistical methods that are used for this purpose in the area of credit risk management: logistical regression, discriminatory analysis and survival analysis. Their implementation in the banking sector was motivated to a great extent by the development and application of information and communication technologies. This paper aims to point out the most important theoretical aspects of these methods, but also to actualise the need for the development and application of the credit scoring model in Croatian banking practice.

  5. A neural network model for credit risk evaluation.

    Science.gov (United States)

    Khashman, Adnan

    2009-08-01

    Credit scoring is one of the key analytical techniques in credit risk evaluation which has been an active research area in financial risk management. This paper presents a credit risk evaluation system that uses a neural network model based on the back propagation learning algorithm. We train and implement the neural network to decide whether to approve or reject a credit application, using seven learning schemes and real world credit applications from the Australian credit approval datasets. A comparison of the system performance under the different learning schemes is provided, furthermore, we compare the performance of two neural networks; with one and two hidden layers following the ideal learning scheme. Experimental results suggest that neural networks can be effectively used in automatic processing of credit applications.

  6. Rural Credit in Vietnam

    DEFF Research Database (Denmark)

    Barslund, Mikkel Christoffer; Tarp, Finn

    This paper uses a survey of 932 rural households to uncover how the rural credit market operates in four provinces of Vietnam. Households obtain credit through formal and informal lenders, but formal loans are almost entirely for production and asset accumulation. Interest rates fell from 1997...... to 2002, reflecting increased market integration; but the determinants of formal and informal credit demand are distinct. Credit rationing depends on education and credit history, but we find no evidence of a bias against women. Regional differences are striking, and a ‘one size fits all’ approach...

  7. Credit Risk Management

    Directory of Open Access Journals (Sweden)

    Viorica IOAN

    2012-11-01

    Full Text Available The bank is exposed to credit risk, the risk of not being able to recuperate the debtor claims as a result of the activity of granting loans to the clientele. Also, credit risk may manifest due to investments in other local and foreign credit institutions. Credit risk may be minimized through the careful evaluation of credit solicitors, through their monitoring along the duration of the loan and through the establishing of risk exposure limits, of significant risk margins as well as the acceptable balance between risk and profit.

  8. MONTE-CARLO BURNUP CALCULATION UNCERTAINTY QUANTIFICATION AND PROPAGATION DETERMINATION

    Energy Technology Data Exchange (ETDEWEB)

    Nichols, T.; Sternat, M.; Charlton, W.

    2011-05-08

    MONTEBURNS is a Monte-Carlo depletion routine utilizing MCNP and ORIGEN 2.2. Uncertainties exist in the MCNP transport calculation, but this information is not passed to the depletion calculation in ORIGEN or saved. To quantify this transport uncertainty and determine how it propagates between burnup steps, a statistical analysis of a multiple repeated depletion runs is performed. The reactor model chosen is the Oak Ridge Research Reactor (ORR) in a single assembly, infinite lattice configuration. This model was burned for a 25.5 day cycle broken down into three steps. The output isotopics as well as effective multiplication factor (k-effective) were tabulated and histograms were created at each burnup step using the Scott Method to determine the bin width. It was expected that the gram quantities and k-effective histograms would produce normally distributed results since they were produced from a Monte-Carlo routine, but some of results do not. The standard deviation at each burnup step was consistent between fission product isotopes as expected, while the uranium isotopes created some unique results. The variation in the quantity of uranium was small enough that, from the reaction rate MCNP tally, round off error occurred producing a set of repeated results with slight variation. Statistical analyses were performed using the {chi}{sup 2} test against a normal distribution for several isotopes and the k-effective results. While the isotopes failed to reject the null hypothesis of being normally distributed, the {chi}{sup 2} statistic grew through the steps in the k-effective test. The null hypothesis was rejected in the later steps. These results suggest, for a high accuracy solution, MCNP cell material quantities less than 100 grams and greater kcode parameters are needed to minimize uncertainty propagation and minimize round off effects.

  9. Thermodynamic analysis for high burn-up fuel internal chemistry

    Energy Technology Data Exchange (ETDEWEB)

    Fuji, Kensho; Kyoh, Bunkei [Kinki Univ., Higashi-Osaka, Osaka (Japan). Faculty of Science and Technology

    1997-09-01

    Chemical states of fission products and actinide elements in high burn-up LWR fuel pellets have been analyzed thermodynamically using the computer program SOLGASMIX-PV. Calculations with this computer code have been performed for a complex multi-component system, which comprises 54 chemical species. The analysis shows that neither alkali nor alkaline-earth uranates are formed, but alkali and alkaline-earth molybdates exist in irradiated LWR fuel pellets in contrast with their post irradiation examinations. These molybdates tend to increase with increasing oxygen potential in the fuel under operating conditions, whereas the zirconates decrease. (author)

  10. Determination of IRT-2M fuel burnup by gamma spectrometry.

    Science.gov (United States)

    Koleška, Michal; Viererbl, Ladislav; Marek, Milan; Ernest, Jaroslav; Šunka, Michal; Vinš, Miroslav

    2016-01-01

    A spectrometric system was developed for evaluating spent fuel in the LVR-15 research reactor, which employs highly enriched (36%) IRT-2M-type fuel. Such system allows the measurement of detailed fission product profiles. Within these measurements, nuclides such as (137)Cs, (134)Cs, (144)Ce, (106)Ru and (154)Eu may be detected in fuel assemblies with different cooling times varying between 1.67 and 7.53 years. Burnup calculations using the MCNPX Monte Carlo code data showed good agreement with measurements, though some discrepancies were observed in certain regions. These discrepancies are attributed to the evaluation of irradiation history, reactor regulation pattern and buildup schemes.

  11. New results from the NSRR experiments with high burnup fuel

    Energy Technology Data Exchange (ETDEWEB)

    Fuketa, Toyoshi; Ishijima, Kiyomi; Mori, Yukihide [Japan Atomic Research Institute, Toaki, Ibaraki (Japan)] [and others

    1996-03-01

    Results obtained in the NSRR power burst experiments with irradiated PWR fuel rods with fuel burnup up to 50 MWd/kgU are described and discussed in this paper. Data concerning test method, test fuel rod, pulse irradiation, transient records during the pulse and post irradiation examination are described, and interpretations and discussions on fission gas release and fuel pellet fragmentation are presented. During the pulse-irradiation experiment with 50 MWd/kgU PWR fuel rod, the fuel rod failed at considerably low energy deposition level, and large amount of fission gas release and fragmentation of fuel pellets were observed.

  12. Burn-up calculation of different thorium-based fuel matrixes in a thermal research reactor using MCNPX 2.6 code

    Directory of Open Access Journals (Sweden)

    Gholamzadeh Zohreh

    2014-12-01

    Full Text Available Decrease of the economically accessible uranium resources and the inherent proliferation resistance of thorium fuel motivate its application in nuclear power systems. Estimation of the nuclear reactor’s neutronic parameters during different operational situations is of key importance for the safe operation of nuclear reactors. In the present research, thorium oxide fuel burn-up calculations for a demonstrative model of a heavy water- -cooled reactor have been performed using MCNPX 2.6 code. Neutronic parameters for three different thorium fuel matrices loaded separately in the modelled thermal core have been investigated. 233U, 235U and 239Pu isotopes have been used as fissile element in the thorium oxide fuel, separately. Burn-up of three different fuels has been calculated at 1 MW constant power. 135X and 149Sm concentration variations have been studied in the modelled core during 165 days burn-up. Burn-up of thorium oxide enriched with 233U resulted in the least 149Sm and 135Xe productions and net fissile production of 233U after 165 days. The negative fuel, coolant and void reactivity of the used fuel assures safe operation of the modelled thermal core containing (233U-Th O2 matrix. Furthermore, utilisation of thorium breeder fuel demonstrates several advantages, such as good neutronic economy, 233U production and less production of long-lived α emitter high radiotoxic wastes in biological internal exposure point of view

  13. A feasibility and optimization study to determine cooling time and burnup of advanced test reactor fuels using a nondestructive technique

    Energy Technology Data Exchange (ETDEWEB)

    Navarro, Jorge [Univ. of Utah, Salt Lake City, UT (United States)

    2013-12-01

    for ATR applications the technique was tested using one-isotope, multi-isotope and fuel simulated sources. Burnup calibrations were perfomed using convoluted and deconvoluted data. The calibrations results showed burnup prediction by this method improves using deconvolution. The final stage of the deconvolution method development was to perform an irradiation experiment in order to create a surrogate fuel source to test the deconvolution method using experimental data. A conceptual design of the fuel scan system is path forward using the rugged LaBr3 detector in an above the water configuration and deconvolution algorithms.

  14. Information Sharing and Credit Rationing : Evidence from the Introduction of a Public Credit Registry

    NARCIS (Netherlands)

    Cheng, X.; Degryse, H.A.

    2010-01-01

    We provide the first evidence on how the introduction of information sharing via a public credit registry affects banks’ lending decisions. We employ a unique dataset containing detailed information on credit card applications and decisions from one of the leading banks in China. While we do not fin

  15. Comparison of nuclear data uncertainty propagation methodologies for PWR burn-up simulations

    CERN Document Server

    Diez, Carlos Javier; Hoefer, Axel; Porsch, Dieter; Cabellos, Oscar

    2014-01-01

    Several methodologies using different levels of approximations have been developed for propagating nuclear data uncertainties in nuclear burn-up simulations. Most methods fall into the two broad classes of Monte Carlo approaches, which are exact apart from statistical uncertainties but require additional computation time, and first order perturbation theory approaches, which are efficient for not too large numbers of considered response functions but only applicable for sufficiently small nuclear data uncertainties. Some methods neglect isotopic composition uncertainties induced by the depletion steps of the simulations, others neglect neutron flux uncertainties, and the accuracy of a given approximation is often very hard to quantify. In order to get a better sense of the impact of different approximations, this work aims to compare results obtained based on different approximate methodologies with an exact method, namely the NUDUNA Monte Carlo based approach developed by AREVA GmbH. In addition, the impact ...

  16. Accident source terms for boiling water reactors with high burnup cores.

    Energy Technology Data Exchange (ETDEWEB)

    Gauntt, Randall O.; Powers, Dana Auburn; Leonard, Mark Thomas

    2007-11-01

    The primary objective of this report is to provide the technical basis for development of recommendations for updates to the NUREG-1465 Source Term for BWRs that will extend its applicability to accidents involving high burnup (HBU) cores. However, a secondary objective is to re-examine the fundamental characteristics of the prescription for fission product release to containment described by NUREG-1465. This secondary objective is motivated by an interest to understand the extent to which research into the release and behaviors of radionuclides under accident conditions has altered best-estimate calculations of the integral response of BWRs to severe core damage sequences and the resulting radiological source terms to containment. This report, therefore, documents specific results of fission product source term analyses that will form the basis for the HBU supplement to NUREG-1465. However, commentary is also provided on observed differences between the composite results of the source term calculations performed here and those reflected NUREG-1465 itself.

  17. Development, implementation, and verification of multicycle depletion perturbation theory for reactor burnup analysis

    Energy Technology Data Exchange (ETDEWEB)

    White, J.R.

    1980-08-01

    A generalized depletion perturbation formulation based on the quasi-static method for solving realistic multicycle reactor depletion problems is developed and implemented within the VENTURE/BURNER modular code system. The present development extends the original formulation derived by M.L. Williams to include nuclide discontinuities such as fuel shuffling and discharge. This theory is first described in detail with particular emphasis given to the similarity of the forward and adjoint quasi-static burnup equations. The specific algorithm and computational methods utilized to solve the adjoint problem within the newly developed DEPTH (Depletion Perturbation Theory) module are then briefly discussed. Finally, the main features and computational accuracy of this new method are illustrated through its application to several representative reactor depletion problems.

  18. Evaluation of Isotopic Measurements and Burn-up Value of Sample GU3 of ARIANE Project

    Energy Technology Data Exchange (ETDEWEB)

    Tore, C.; Rodriguez Rivada, A.

    2014-07-01

    Estimation of the burn-up value of irradiated fuel and its isotopic composition are important for criticality analysis, spent fuel management and source term estimation. The practical way to estimate the irradiated fuel composition and burn.up value is calculation with validated code and nuclear data. Such validation of the neutronic codes and nuclear data requires the benchmarking with measured values. (Author)

  19. Calculation of Effect of Burnup History on Spent Fuel Reactivity Based on CASMO5%基于CASMO5的燃耗历史对乏燃料反应性的影响计算

    Institute of Scientific and Technical Information of China (English)

    李晓波; 夏兆东; 朱庆福

    2015-01-01

    Based on the burnup credit of actinides+fission products (APU‐2) which are usually considered in spent fuel package ,the effect of power density and operating histo‐ry on k∞ was studied .All the burnup calculations are based on the two‐dimensional fuel assembly burnup program CASMO5 . The results show that taking the core average power density of specified power plus a bounding margin of 0.002 3 to k∞ ,and taking the operating history of specified power without shutdown during cycle and between cycles plus a bounding margin of 0.004 5 to k∞ can meet the bounding principle of burnup credit .%基于乏燃料贮存领域常用的锕系加裂变产物(APU‐2)级燃耗信任制,应用二维组件燃耗计算程序CASMO5,计算了燃耗过程中功率密度和运行历史对乏燃料 k∞的影响。结果表明:燃耗计算中,选择堆芯额定功率对应的平均功率密度,同时k∞附加0.0023的包络裕度,运行历史选择循环内及循环间无停堆额定功率运行,同时 k∞附加0.0045的包络裕度,可满足燃耗信任制中包络性原则。

  20. MTR core loading pattern optimization using burnup dependent group constants

    Directory of Open Access Journals (Sweden)

    Iqbal Masood

    2008-01-01

    Full Text Available A diffusion theory based MTR fuel management methodology has been developed for finding superior core loading patterns at any stage for MTR systems, keeping track of burnup of individual fuel assemblies throughout their history. It is based on using burnup dependent group constants obtained by the WIMS-D/4 computer code for standard fuel elements and control fuel elements. This methodology has been implemented in a computer program named BFMTR, which carries out detailed five group diffusion theory calculations using the CITATION code as a subroutine. The core-wide spatial flux and power profiles thus obtained are used for calculating the peak-to-average power and flux-ratios along with the available excess reactivity of the system. The fuel manager can use the BFMTR code for loading pattern optimization for maximizing the excess reactivity, keeping the peak-to-average power as well as flux-ratio within constraints. The results obtained by the BFMTR code have been found to be in good agreement with the corresponding experimental values for the equilibrium core of the Pakistan Research Reactor-1.

  1. Detailed description and user`s manual of high burnup fuel analysis code EXBURN-I

    Energy Technology Data Exchange (ETDEWEB)

    Suzuki, Motoe [Japan Atomic Energy Research Inst., Tokai, Ibaraki (Japan). Tokai Research Establishment; Saitou, Hiroaki

    1997-11-01

    EXBURN-I has been developed for the analysis of LWR high burnup fuel behavior in normal operation and power transient conditions. In the high burnup region, phenomena occur which are different in quality from those expected for the extension of behaviors in the mid-burnup region. To analyze these phenomena, EXBURN-I has been formed by the incorporation of such new models as pellet thermal conductivity change, burnup-dependent FP gas release rate, and cladding oxide layer growth to the basic structure of low- and mid-burnup fuel analysis code FEMAXI-IV. The present report describes in detail the whole structure of the code, models, and materials properties. Also, it includes a detailed input manual and sample output, etc. (author). 55 refs.

  2. RAPID program to predict radial power and burnup distribution of UO{sub 2} fuel

    Energy Technology Data Exchange (ETDEWEB)

    Lee, Chan Bock; Song, Jae Sung; Bang, Je Gun; Kim, Dae Ho [Korea Atomic Energy Research Institute, Taejon (Korea)

    1999-02-01

    Due to the radial variation of the neutron flux and its energy spectrum inside UO{sub 2} fuel, the fission density and fissile isotope production rates are varied radially in the pellet, and it becomes necessary to know the accurate radial power and burnup variation to predict the high burnup fuel behavior such as rim effects. Therefore, to predict the radial distribution of power, burnup and fissionable nuclide densities in the pellet with the burnup and U-235 enrichment, RAPID(RAdial power and burnup Prediction by following fissile Isotope Distribution in the pellet) program was developed. It considers the specific radial variation of the neutron reaction of the nuclides while the constant radial variation of neutron reaction except neutron absorption of U-238 regardless of the nuclides, the burnup and U-235 enrichment is assumed in TUBRNP model which is recognized as the one of the most reliable models. Therefore, it is expected that RAPID may be more accurate than TUBRNP, specially at high burnup region. RAPID is based upon and validated by the detailed reactor physics code, HELIOS which is one of few codes that can calculates the radial variations of the nuclides inside the pellet. Comparison of RAPID prediction with the measured data of the irradiated fuels showed very good agreement. RAPID can be used to calculate the local variations of the fissionable nuclide concentrations as well as the local power and burnup inside that pellet as a function of the burnup up to 10 w/o U-235 enrichment and 150 MWD/kgU burnup under the LWR environment. (author). 8 refs., 50 figs., 1 tab.

  3. Extension and validation of the TRANSURANUS burn-up model for helium production in high burn-up LWR fuels

    Science.gov (United States)

    Botazzoli, Pietro; Luzzi, Lelio; Brémier, Stephane; Schubert, Arndt; Van Uffelen, Paul; Walker, Clive T.; Haeck, Wim; Goll, Wolfgang

    2011-12-01

    The TRANSURANUS burn-up model (TUBRNP) calculates the local concentration of the actinides, the main fission products, and 4He as a function of the radial position across a fuel rod. In this paper, the improvements in the helium production model as well as the extensions in the simulation of 238-242Pu, 241Am, 243Am and 242-245Cm isotopes are described. Experimental data used for the extended validation include new EPMA measurements of the local concentrations of Nd and Pu and recent SIMS measurements of the radial distributions of Pu, Am and Cm isotopes, both in a 3.5% enriched commercial PWR UO 2 fuel with a burn-up of 80 and 65 MWd/kgHM, respectively. Good agreement has been found between TUBRNP and the experimental data. The analysis has been complemented by detailed neutron transport calculations (VESTA code), and also revealed the need to update the branching ratio for the 241Am(n,γ) 242mAm reaction in typical PWR conditions.

  4. Seeking Universal Credit Ratings

    Institute of Scientific and Technical Information of China (English)

    2011-01-01

    Amid the EU’s ongoing sovereign debt crisis,the current international credit rating system has been accused of aggravating the world’s economic woes.Recently,Guan Jianzhong,Chairman of the Board and President of the Beijing-based Dagong Global Credit Rating Co.Ltd.,spoke to Beijing Review reporter Yu Yan about reforms in the current international credit rating system and Dagong’s role.Dagong is the first non-Western rating agency to assess the world’s sovereign credit and risks.

  5. The burnup dependence of light water reactor spent fuel oxidation

    Energy Technology Data Exchange (ETDEWEB)

    Hanson, B.D.

    1998-07-01

    Over the temperature range of interest for dry storage or for placement of spent fuel in a permanent repository under the conditions now being considered, UO{sub 2} is thermodynamically unstable with respect to oxidation to higher oxides. The multiple valence states of uranium allow for the accommodation of interstitial oxygen atoms in the fuel matrix. A variety of stoichiometric and nonstoichiometric phases is therefore possible as the fuel oxidizers from UO{sub 2} to higher oxides. The oxidation of UO{sub 2} has been studied extensively for over 40 years. It has been shown that spent fuel and unirradiated UO{sub 2} oxidize via different mechanisms and at different rates. The oxidation of LWR spent fuel from UO{sub 2} to UO{sub 2.4} was studied previously and is reasonably well understood. The study presented here was initiated to determine the mechanism and rate of oxidation from UO{sub 2.4} to higher oxides. During the early stages of this work, a large variability in the oxidation behavior of samples oxidized under nearly identical conditions was found. Based on previous work on the effect of dopants on UO{sub 2} oxidation and this initial variability, it was hypothesized that the substitution of fission product and actinide impurities for uranium atoms in the spent fuel matrix was the cause of the variable oxidation behavior. Since the impurity concentration is roughly proportional to the burnup of a specimen, the oxidation behavior of spent fuel was expected to be a function of both temperature and burnup. This report (1) summarizes the previous oxidation work for both unirradiated UO{sub 2} and spent fuel (Section 2.2) and presents the theoretical basis for the burnup (i.e., impurity concentration) dependence of the rate of oxidation (Sections 2.3, 2.4, and 2.5), (2) describes the experimental approach (Section 3) and results (Section 4) for the current oxidation tests on spent fuel, and (3) establishes a simple model to determine the activation energies

  6. The analysis of economic capital application of credit approval in commercial banks%浅析经济资本在商业银行授信审批中的应用

    Institute of Scientific and Technical Information of China (English)

    胡晓磊; 刘庆卫

    2014-01-01

    This paper firstly analyzed the problems exposed in current commercial bank credit approval, then analyzed the significance of economic capital management in credit approval stage, and finally put forward some thoughts and suggestion for the application of economic capital approach in credit approval process.%本文结合当前商业银行授信审批中暴露出的问题,分析了在授信审批阶段科学应用经济资本管理工具的重要意义,提出了在授信审批环节应用经济资本的思路及建议。

  7. Burnup calculations for the HOMER-15 and SAFE-300 reactors

    Science.gov (United States)

    Amiri, Benjamin W.; Poston, David I.

    2002-01-01

    The Heatpipe Power System (HPS) is a near-term low-cost space fission power system. As the U-235 fuel of the HPS is burned, higher actinides and fission products will be produced. This will cause changes in system reactivity, radioactivity, and decay power. One potential concern is that gaseous fission products may exert excessive pressure on the fuel pin cladding. To evaluate these issues, simulations were run in MONTEBURNS. MONTEBURNS is an automated tool that links the Monte Carlo transport code MCNP with the radioactive decay and burnup code ORIGEN2. This paper describes the results of these simulations, as well as how those results compare with the current experimental database of irradiated materials. .

  8. Manufacturing Data Uncertainties Propagation Method in Burn-Up Problems

    Directory of Open Access Journals (Sweden)

    Thomas Frosio

    2017-01-01

    Full Text Available A nuclear data-based uncertainty propagation methodology is extended to enable propagation of manufacturing/technological data (TD uncertainties in a burn-up calculation problem, taking into account correlation terms between Boltzmann and Bateman terms. The methodology is applied to reactivity and power distributions in a Material Testing Reactor benchmark. Due to the inherent statistical behavior of manufacturing tolerances, Monte Carlo sampling method is used for determining output perturbations on integral quantities. A global sensitivity analysis (GSA is performed for each manufacturing parameter and allows identifying and ranking the influential parameters whose tolerances need to be better controlled. We show that the overall impact of some TD uncertainties, such as uranium enrichment, or fuel plate thickness, on the reactivity is negligible because the different core areas induce compensating effects on the global quantity. However, local quantities, such as power distributions, are strongly impacted by TD uncertainty propagations. For isotopic concentrations, no clear trends appear on the results.

  9. Simulation of triton burn-up in JET plasmas

    Energy Technology Data Exchange (ETDEWEB)

    Loughlin, M.J.; Balet, B.; Jarvis, O.N.; Stubberfield, P.M. [Commission of the European Communities, Abingdon (United Kingdom). JET Joint Undertaking

    1994-07-01

    This paper presents the first triton burn-up calculations for JET plasmas using the transport code TRANSP. Four hot ion H-mode deuterium plasmas are studied. For these discharges, the 2.5 MeV emission rises rapidly and then collapses abruptly. This phenomenon is not fully understood but in each case the collapse phase is associated with a large impurity influx known as the ``carbon bloom``. The peak 14 MeV emission occurs at this time, somewhat later than that of the 2.5 MeV neutron peak. The present results give a clear indication that there are no significant departures from classical slowing down and spatial diffusion for tritons in JET plasmas. (authors). 7 refs., 3 figs., 1 tab.

  10. Assessment of reactivity transient experiments with high burnup fuel

    Energy Technology Data Exchange (ETDEWEB)

    Ozer, O.; Yang, R.L.; Rashid, Y.R.; Montgomery, R.O.

    1996-03-01

    A few recent experiments aimed at determining the response of high-burnup LWR fuel during a reactivity initiated accident (RIA) have raised concerns that existing failure criteria may be inappropriate for such fuel. In particular, three experiments (SPERT CDC-859, NSRR HBO-1 and CABRI REP Na-1) appear to have resulted in fuel failures at only a fraction of the anticipated enthalpy levels. In evaluating the results of such RIA simulation experiments, however, it is necessary that the following two key considerations be taken into account: (1) Are the experiments representative of conditions that LWR fuel would experience during an in-reactor RIA event? (2) Is the fuel that is being utilized in the tests representative of the present (or anticipated) population of LWR fuel? Conducting experiments under conditions that can not occur in-reactor can trigger response modes that could not take place during in-reactor operation. Similarly, using unrepresentative fuel samples for the tests will produce failure information that is of limited relevance to commercial LWR fuel. This is particularly important for high-burnup fuel since the manner under which the test samples are base-irradiated prior to the test will impact the mechanical properties of the cladding and will therefore affect the RIA response. A good example of this effect can be seen in the results of the SPERT CDC-859 test and in the NSRR JM-4 and JM-5 tests. The conditions under which the fuel used for these tests was fabricated and/or base-irradiated prior to the RIA pulse resulted in the formation of multiple cladding defects in the form of hydride blisters. When this fuel was subjected to the RIA power pulse, it failed by developing multiple cracks that were closely correlated with the locations of the pre-existing hydride blisters. In the case of the JM tests, many of the cracks formed within the blisters themselves and did not propagate beyond the heavily hydrided regions.

  11. Self-Fulfilling Credit Cycles

    OpenAIRE

    Costas Azariadis; Leo Kaas; Yi Wen

    2015-01-01

    In U.S. data 1981–2012, unsecured firm credit moves procyclically and tends to lead GDP, while secured firm credit is acyclical; similarly, shocks to unsecured firm credit explain a far larger fraction of output fluctuations than shocks to secured credit. In this paper we develop a tractable dynamic general equilibrium model in which unsecured firm credit arises from self-enforcing borrowing constraints, preventing an efficient capital allocation among heterogeneous firms. Unsecured credit re...

  12. Credit risk management in banks

    OpenAIRE

    Pětníková, Tereza

    2014-01-01

    The subject of this diploma thesis is managing credit risk in banks, as the most significant risk faced by banks. The aim of this work is to define the basic techniques, tools and methods that are used by banks to manage credit risk. The first part of this work focuses on defining these procedures and describes the entire process of credit risk management, from the definition of credit risk, describing credit strategy and policy, organizational structure, defining the most used credit risk mi...

  13. Thinking Beyond Credit

    NARCIS (Netherlands)

    Ploeg, van der J.D.

    2010-01-01

    Credit is often seen as an indispensable vehicle for the poor to get out of poverty, or as the tool that allows farmers to get access to new technologies, to increase productivity and their incomes. But many existing credit programmes often undermine farmers’ independence, tie them into dependency r

  14. Burnup measurements on spent fuel elements of the RP-10 research reactor

    Energy Technology Data Exchange (ETDEWEB)

    Vela Mora, Mariano; Gallardo Padilla, Alberto; Palomino, Jose Luis Castro, E-mail: mvela@ipen.gob.p [Instituto Peruano de Energia Nuclear (IPEN/Peru), Lima (Peru). Grupo de Calculo, Analisis y Seguridad de Reactores; Terremoto, Luis Antonio Albiac, E-mail: laaterre@ipen.b [Instituto de Pesquisas Energeticas e Nucleares (IPEN/CNEN-SP), Sao Paulo, SP (Brazil)

    2011-07-01

    This work describes the measurement, using nondestructive gamma-ray spectroscopy, of the average burnup attained by Material Testing Reactor (MTR) fuel elements irradiated in the RP-10 research reactor. Measurements were performed at the reactor storage pool area using {sup 137}Cs as the only burnup monitor, even for spent fuel elements with cooling times much shorter than two years. The experimental apparatus was previously calibrated in efficiency to obtain absolute average burnup values, which were compared against corresponding ones furnished by reactor physics calculations. The mean deviation between both values amounts to 6%. (author)

  15. Accident source terms for pressurized water reactors with high-burnup cores calculated using MELCOR 1.8.5.

    Energy Technology Data Exchange (ETDEWEB)

    Gauntt, Randall O.; Powers, Dana Auburn; Ashbaugh, Scott G.; Leonard, Mark Thomas; Longmire, Pamela

    2010-04-01

    In this study, risk-significant pressurized-water reactor severe accident sequences are examined using MELCOR 1.8.5 to explore the range of fission product releases to the reactor containment building. Advances in the understanding of fission product release and transport behavior and severe accident progression are used to render best estimate analyses of selected accident sequences. Particular emphasis is placed on estimating the effects of high fuel burnup in contrast with low burnup on fission product releases to the containment. Supporting this emphasis, recent data available on fission product release from high-burnup (HBU) fuel from the French VERCOR project are used in this study. The results of these analyses are treated as samples from a population of accident sequences in order to employ approximate order statistics characterization of the results. These trends and tendencies are then compared to the NUREG-1465 alternative source term prescription used today for regulatory applications. In general, greater differences are observed between the state-of-the-art calculations for either HBU or low-burnup (LBU) fuel and the NUREG-1465 containment release fractions than exist between HBU and LBU release fractions. Current analyses suggest that retention of fission products within the vessel and the reactor coolant system (RCS) are greater than contemplated in the NUREG-1465 prescription, and that, overall, release fractions to the containment are therefore lower across the board in the present analyses than suggested in NUREG-1465. The decreased volatility of Cs2MoO4 compared to CsI or CsOH increases the predicted RCS retention of cesium, and as a result, cesium and iodine do not follow identical behaviors with respect to distribution among vessel, RCS, and containment. With respect to the regulatory alternative source term, greater differences are observed between the NUREG-1465 prescription and both HBU and LBU predictions than exist between HBU and LBU

  16. Management Strategy Of Bank Credit Portfolio

    OpenAIRE

    Nenad Vunjak; Tamara Antonijevic

    2008-01-01

    Credit portfolio includes a credit group that is structured by bank management team according to credit users. Realizing the key targets of credit portfolio management imply the analysis of: (1) volume of credits, (2) portfolio structure, (3) credit services, (4) payment of credits, (5) credit price (interest rate), (6) realized profit. The credit portfolio modeling is the top management competence. Performance of credit portfolio depends from expect risks and returns estimate, having insight...

  17. ThO{sub 2}-UO{sub 2} annular pins for high burnup fuels

    Energy Technology Data Exchange (ETDEWEB)

    Caner, Marc; Dugan, Edward T

    2000-06-01

    The main purpose of this work is to investigate the use of annular fuel pins (particularly pins containing thorium dioxide) for high burnup fuel. The following parameters were evaluated and compared between postulated mixed thorium-uranium dioxide standard and annular (9% void fraction) type fuel assemblies, as a function of burnup: the infinite multiplication factor, the uranium and plutonium isotopic compositions, the fuel temperature coefficient of reactivity and the conversion ratio. We used the SCALE-4.3 code system. The calculation method consisted in obtaining actinide and fission product number densities as functions of assembly burnup, by means of a 1-D transport calculation combined with a 0-D burnup calculation. These number densities were then used in a 3-D Monte Carlo code for obtaining k{sub {infinity}} from two-dimensional-symmetry 'snapshots'.

  18. Fission-gas release at extended burnups: effect of two-dimensional heat transfer

    Energy Technology Data Exchange (ETDEWEB)

    Tayal, M. [Atomic Energy of Canada Limited, Mississauga, Ontario (Canada); Yu, S.D. [Ryerson Polytechnic Univ., Toronto, Ontario (Canada); Lau, J.H.K

    2000-09-01

    To better simulate the performance of high-burnup CANDU fuel, a two-dimensional model for heat transfer between the pellet and the sheath has been added to the computer code ELESTRES. The model covers four relative orientations of the pellet and the sheath and their impacts on heat transfer and fission-gas release. The predictions of the code were compared to a database of 27 experimental irradiations involving extended burnups and normal burnups. The calculated values of fission gas release matched the measurements to an average of 94%. Thus, the two-dimensional heat transfer model increases the versatility of the ELESTRES code to better simulate fuels at normal as well as at extended burnups. (author)

  19. Challenging Credit Dominance

    Institute of Scientific and Technical Information of China (English)

    2010-01-01

    @@ Europe's widening sovereign debt crisis has brought independent credit ratings to the forefront of the EU's agenda.To directly address the mat ter,the EU announced plans to set up a European creditrating authority for sovereign debt ratings on April 30.This marked a milestone in the international credit history,and the beginning of changes to U.S.-dominated international credit ratings and the pattern of international politics and economics,said Sun Zhe,Director of the Center for U.S.

  20. French investigations of high burnup effect on LOCA thermomecanical behavior. Part two. Oxidation and quenching experiments under simulated LOCA conditions with high burnup clad material

    Energy Technology Data Exchange (ETDEWEB)

    GrandJean, C. [IPSN, Cadarache (France); Cauvin, R.; Lebuffe, C. [EDF/SCMI, Chinon (France)] [and others

    1997-01-01

    In the frame of the high burnup fuel studies to support a possible extension of the current discharge burnup limit, experimental programs have been undertaken, jointly by EDF and IPSN in order to study the thermal-shock behavior of high burnup fuel claddings under typical LOCA conditions. The TAGUS program used unirradiated cladding samples, bare or bearing a pre-corrosion state simulating the end-of-life state of high burnup fuel claddings: the TAGCIR program used actually irradiated cladding samples taken from high burnup rods irradiated over 5 cycles in a commercial EDF PWR and having reached a rod burnup close to 60 GWd/tU. The thermal-shock failure tests consisted in oxidizing the cladding samples under steam flow, on both inner and outer faces or on the outer face alone, and subjecting them to a final water quench. The heating was provided by an inductive furnace the power of which being regulated through monitoring of the sample surface temperature with use of a single-wave optical pyrometer. Analysis of the irradiated tests (TAGCIR series) evidenced an increased oxidation rate as compared to similar tests on unirradiated samples. Results of the quenching tests series on unirradiated and irradiated samples are plotted under the usual presentation of failure maps relative to the oxidation parameters ECR (equivalent cladding reacted) or e{sub {beta}} (thickness of the remaining beta phase layer) as a function of the oxidation temperature. Comparison of the failure limits for irradiated specimens to those for unirradiated specimens indicates a lower brittleness under two side oxidation and possibly the opposite under one-side oxidation. The tentative analysis of the oxidation and quenching tests results on irradiated samples reveals the important role played by the hydrogen charged during in-reactor corrosion on the oxidation kinetics and the failure bearing capability of the cladding under LOCA transient conditions.

  1. 78 FR 28631 - Experian, Experian Healthcare (Medical Present Value (MPV)-Credit Services and Decision Analytics...

    Science.gov (United States)

    2013-05-15

    ... Employment and Training Administration Experian, Experian Healthcare (Medical Present Value (MPV)-- Credit... 4, 2013, applicable to workers of Experian, Experian Healthcare, (medical Present Value (MPV... Present Value (MPV)--Credit Services and Decision Analytics), Plymouth, Massachusetts...

  2. Burnup analysis of the VVER-1000 reactor using thorium-based fuel

    Energy Technology Data Exchange (ETDEWEB)

    Korkmaz, Mehmet E.; Agar, Osman; Bueyueker, Eylem [Karamanoglu Mehmetbey Univ., Karaman (Turkey). Faculty of Kamil Ozdag Science

    2014-12-15

    This paper aims to investigate {sup 232}Th/{sup 233}U fuel cycles in a VVER-1000 reactor through calculation by computer. The 3D core geometry of VVER-1000 system was designed using the Serpent Monte Carlo 1.1.19 Code. The Serpent Code using parallel programming interface (Message Passing Interface-MPI), was run on a workstation with 12-core and 48 GB RAM. {sup 232}Th/{sup 235}U/{sup 238}U oxide mixture was considered as fuel in the core, when the mass fraction of {sup 232}Th was increased as 0.05-0.1-0.2-0.3-0.4 respectively, the mass fraction of {sup 238}U equally was decreased. In the system, the calculations were made for 3 000 MW thermal power. For the burnup analyses, the core is assumed to deplete from initial fresh core up to a burnup of 16 MWd/kgU without refuelling considerations. In the burnup calculations, a burnup interval of 360 effective full power days (EFPDs) was defined. According to burnup, the mass changes of the {sup 232}Th, {sup 233}U, {sup 238}U, {sup 237}Np, {sup 239}Pu, {sup 241}Am and {sup 244}Cm were evaluated, and also flux and criticality of the system were calculated in dependence of the burnup rate.

  3. Credit scores, cardiovascular disease risk, and human capital.

    Science.gov (United States)

    Israel, Salomon; Caspi, Avshalom; Belsky, Daniel W; Harrington, HonaLee; Hogan, Sean; Houts, Renate; Ramrakha, Sandhya; Sanders, Seth; Poulton, Richie; Moffitt, Terrie E

    2014-12-02

    Credit scores are the most widely used instruments to assess whether or not a person is a financial risk. Credit scoring has been so successful that it has expanded beyond lending and into our everyday lives, even to inform how insurers evaluate our health. The pervasive application of credit scoring has outpaced knowledge about why credit scores are such useful indicators of individual behavior. Here we test if the same factors that lead to poor credit scores also lead to poor health. Following the Dunedin (New Zealand) Longitudinal Study cohort of 1,037 study members, we examined the association between credit scores and cardiovascular disease risk and the underlying factors that account for this association. We find that credit scores are negatively correlated with cardiovascular disease risk. Variation in household income was not sufficient to account for this association. Rather, individual differences in human capital factors—educational attainment, cognitive ability, and self-control—predicted both credit scores and cardiovascular disease risk and accounted for ∼45% of the correlation between credit scores and cardiovascular disease risk. Tracing human capital factors back to their childhood antecedents revealed that the characteristic attitudes, behaviors, and competencies children develop in their first decade of life account for a significant portion (∼22%) of the link between credit scores and cardiovascular disease risk at midlife. We discuss the implications of these findings for policy debates about data privacy, financial literacy, and early childhood interventions.

  4. Models of Credit Risk Measurement

    OpenAIRE

    Hagiu Alina

    2011-01-01

    Credit risk is defined as that risk of financial loss caused by failure by the counterparty. According to statistics, for financial institutions, credit risk is much important than market risk, reduced diversification of the credit risk is the main cause of bank failures. Just recently, the banking industry began to measure credit risk in the context of a portfolio along with the development of risk management started with models value at risk (VAR). Once measured, credit risk can be diversif...

  5. Credit derivatives and risk management

    OpenAIRE

    Michael S. Gibson

    2007-01-01

    The striking growth of credit derivatives suggests that market participants find them to be useful tools for risk management. I illustrate the value of credit derivatives with three examples. A commercial bank can use credit derivatives to manage the risk of its loan portfolio. An investment bank can use credit derivatives to manage the risks it incurs when underwriting securities. An investor, such as an insurance company, asset manager, or hedge fund, can use credit derivatives to align its...

  6. High Burn-Up Spent Nuclear Fuel Vibration Integrity Study

    Energy Technology Data Exchange (ETDEWEB)

    Wang, Jy-An John [Oak Ridge National Lab. (ORNL), Oak Ridge, TN (United States); Wang, Hong [Oak Ridge National Lab. (ORNL), Oak Ridge, TN (United States); Jiang, Hao [Oak Ridge National Lab. (ORNL), Oak Ridge, TN (United States); Bevard, Bruce Balkcom [Oak Ridge National Lab. (ORNL), Oak Ridge, TN (United States); Howard, Rob L [Oak Ridge National Lab. (ORNL), Oak Ridge, TN (United States); Scaglione, John M [Oak Ridge National Lab. (ORNL), Oak Ridge, TN (United States)

    2015-01-01

    The Oak Ridge National Laboratory (ORNL) has developed the cyclic integrated reversible-bending fatigue tester (CIRFT) approach to successfully demonstrate the controllable fatigue fracture on high burnup (HBU) spent nuclear fuel (SNF) in a normal vibration mode. CIRFT enables examination of the underlying mechanisms of SNF system dynamic performance. Due to the inhomogeneous composite structure of the SNF system, the detailed mechanisms of the pellet-pellet and pellet-clad interactions and the stress concentration effects at the pellet-pellet interface cannot be readily obtained from a CIRFT system measurement. Therefore, finite element analyses (FEAs) are used to translate the global moment-curvature measurement into local stress-strain profiles for further investigation. The major findings of CIRFT on the HBU SNF are as follows: SNF system interface bonding plays an important role in SNF vibration performance. Fuel structure contributes to SNF system stiffness. There are significant variations in stress and curvature of SNF systems during vibration cycles resulting from segment pellets and clad interactions. SNF failure initiates at the pellet-pellet interface region and appears to be spontaneous.

  7. Application of AHP in Evaluating Individual Farmer' s Credit Worthiness%基于AHP的农户个人信用度评价

    Institute of Scientific and Technical Information of China (English)

    何军峰

    2011-01-01

    Based on a credit rating system research at home and abroad and through combining the current situation and the realistic environment , a system of farmers' credit indexes was put forward and an evaluating model of farmer credit on the basis of AHP was established, which offers a set of feasible methods for appraising the farmer credit degree.%在借鉴国内外信用评级体系的基础上,通过结合当前的研究现状及现实环境,提出了一个新的农户个人信用指标评价体系,建立了基于AHP的农户信用度评价模型,为农户信用等级的评定提供一套科学可行的方法.

  8. Tritium release from EXOTIC-7 orthosilicate pebbles. Effect of burnup and contact with beryllium during irradiation

    Energy Technology Data Exchange (ETDEWEB)

    Scaffidi-Argentina, F.; Werle, H. [Forschungszentrum Karlsruhe GmbH Technik und Umwelt (Germany). Inst. fuer Neutronenphysik und Reaktortechnik

    1998-03-01

    EXOTIC-7 was the first in-pile test with {sup 6}Li-enriched (50%) lithium orthosilicate (Li{sub 4}SiO{sub 4}) pebbles and with DEMO representative Li-burnup. Post irradiation examinations of the Li{sub 4}SiO{sub 4} have been performed at the Forschungszentrum Karlsruhe (FZK), mainly to investigate the tritium release kinetics as well as the effect of Li-burnup and/or contact with beryllium during irradiation. The release rate of Li{sub 4}SiO{sub 4} from pure Li{sub 4}SiO{sub 4} bed of capsule 28.1-1 is characterized by a broad main peak at about 400degC and by a smaller peak at about 800degC, and that from the mixed beds of capsule 28.2 and 26.2-1 shows again these two peaks, but most of the tritium is now released from the 800degC peak. This shift of release from low to high temperature may be due to the higher Li-burnup and/or due to contact with Be during irradiation. Due to the very difficult interpretation of the in-situ tritium release data, residence times have been estimated on the basis of the out-of-pile tests. The residence time for Li{sub 4}SiO{sub 4} from caps. 28.1-1 irradiated at 10% Li-burnup agrees quite well with that of the same material irradiated at Li-burnup lower than 3% in the EXOTIC-6 experiment. In spite of the observed shift in the release peaks from low to high temperature, also the residence time for Li{sub 4}SiO{sub 4} from caps. 26.2-1 irradiated at 13% Li-burnup agrees quite well with the data from EXOTIC-6 experiment. On the other hand, the residence time for Li{sub 4}SiO{sub 4} from caps. 28.2 (Li-burnup 18%) is about a factor 1.7-3.8 higher than that for caps. 26.2-1. Based on these data on can conclude that up to 13% Li-burnup neither the contact with beryllium nor the Li-burnup have a detrimental effect on the tritium release of Li{sub 4}SiO{sub 4} pebbles, but at 18% Li-burnup the residence time is increased by about a factor three. (J.P.N.)

  9. Application of a rule extraction algorithm family based on the Re-RX algorithm to financial credit risk assessment from a Pareto optimal perspective

    Directory of Open Access Journals (Sweden)

    Yoichi Hayashi

    2016-01-01

    Full Text Available Historically, the assessment of credit risk has proved to be both highly important and extremely difficult. Currently, financial institutions rely on the use of computer-generated credit scores for risk assessment. However, automated risk evaluations are currently imperfect, and the loss of vast amounts of capital could be prevented by improving the performance of computerized credit assessments. A number of approaches have been developed for the computation of credit scores over the last several decades, but these methods have been considered too complex without good interpretability and have therefore not been widely adopted. Therefore, in this study, we provide the first comprehensive comparison of results regarding the assessment of credit risk obtained using 10 runs of 10-fold cross validation of the Re-RX algorithm family, including the Re-RX algorithm, the Re-RX algorithm with both discrete and continuous attributes (Continuous Re-RX, the Re-RX algorithm with J48graft, the Re-RX algorithm with a trained neural network (Sampling Re-RX, NeuroLinear, NeuroLinear+GRG, and three unique rule extraction techniques involving support vector machines and Minerva from four real-life, two-class mixed credit-risk datasets. We also discuss the roles of various newly-extended types of the Re-RX algorithm and high performance classifiers from a Pareto optimal perspective. Our findings suggest that Continuous Re-RX, Re-RX with J48graft, and Sampling Re-RX comprise a powerful management tool that allows the creation of advanced, accurate, concise and interpretable decision support systems for credit risk evaluation. In addition, from a Pareto optimal perspective, the Re-RX algorithm family has superior features in relation to the comprehensibility of extracted rules and the potential for credit scoring with Big Data.

  10. 34 CFR 225.11 - What selection criteria does the Secretary use in evaluating an application for a Credit...

    Science.gov (United States)

    2010-07-01

    ... interest by employees and members of the board of directors in a decision-making role; (6) If the applicant... school facilities programs, their performance in implementing these grants. (d) Quality of project... members of the project team, including consultants or subcontractors; and (2) The staffing plan for...

  11. VaR and its application to the credit risk management%风险值法在金融机构信用风险管理中的运用

    Institute of Scientific and Technical Information of China (English)

    于研

    2003-01-01

    This paper tries to analyze the modem features of credit risk, the differences between market risk and credit risk, the integrated management of market risk and credit risk by using VaR method and its positive effects of China.

  12. Schumpeter might be right again : the functional differentiation of credit

    NARCIS (Netherlands)

    Bezemer, Dirk J.

    2014-01-01

    In contemporary research, it is common to measure growth-enhancing financial development by the volume of credit as a ratio of the gross domestic product (GDP), an application of Schumpeter's theory of credit and development. Recently, researchers have been surprised to find a negative relation betw

  13. Improving Credit Scorecard Modeling Through Applying Text Analysis

    Directory of Open Access Journals (Sweden)

    Omar Ghailan

    2016-04-01

    Full Text Available In the credit card scoring and loans management, the prediction of the applicant’s future behavior is an important decision support tool and a key factor in reducing the risk of Loan Default. A lot of data mining and classification approaches have been developed for the credit scoring purpose. For the best of our knowledge, building a credit scorecard by analyzing the textual data in the application form has not been explored so far. This paper proposes a comprehensive credit scorecard model technique that improves credit scorecard modeling though employing textual data analysis. This study uses a sample of loan application forms of a financial institution providing loan services in Yemen, which represents a real-world situation of the credit scoring and loan management. The sample contains a set of Arabic textual data attributes defining the applicants. The credit scoring model based on the text mining pre-processing and logistic regression techniques is proposed and evaluated through a comparison with a group of credit scorecard modeling techniques that use only the numeric attributes in the application form. The results show that adding the textual attributes analysis achieves higher classification effectiveness and outperforms the other traditional numerical data analysis techniques.

  14. Pricing of Credit Default Swaps Based on Credit Metrics Model%基于Credit Metrics模型的CDS定价研究

    Institute of Scientific and Technical Information of China (English)

    李玉强; 张能福

    2011-01-01

    信用违约互换(Credit Default Swaps,CDS)作为当今国际上最流行的的信用衍生工具,被广泛应用于商业银行的信用风险管理中。Credit Metrics模型被广泛运用于度量信用风险的大小,在应用Credit Metrics模型计算商业银行贷款的VaR基础上探讨CDS的定价问题。以单笔贷款为例来说明该模型探讨CDS定价实际运用过程,对我国商业银行信用风险管理的提高有一定指导作用。%CDS as the most popular international credit derivatives,is widely used in commercial bank credit risk management.Credit Metrics model has been widely used in measuring the size of the credit risk in application,this will calculate the VaR of commercial bank loans and discuss the CDS pricing issues.In this paper,a single loan as an example illustrates the model discuss CDS pricing practical application process,which may provide certain guidances for the improvement of our credit risk management.

  15. Recognition Model of Credit Default in Rural Credit Cooperatives and Application%农村信用社信贷违约识别模型及其应用

    Institute of Scientific and Technical Information of China (English)

    樊鹏英; 李楠; 陈暮紫; 陈敏

    2014-01-01

    构建农村信用社信用风险模型对完善农村金融风险管理体系、提高农村信用社经营管理意义重大.基于还款意愿和还款能力两方面,系统分析了影响农信社贷款债务人违约率的主要因素,在此基础上应用logistic方法建立农信社债务人违约率预测模型,并通过Gini系数对模型区分能力和识别能力进行验证评估.实证结果表明,模型中债务人年龄、所在地区、贷款额所占家庭收入比例、与信用社信贷关系密切程度以及户口状况等因素都表现显著;违约率预测模型在样本内和样本外均有较好的违约识别能力,从而可为农信社放贷前的债务人信用评估、贷款发放和风险管理提供有力参考.%Constructing a risk assessment model for rural credit cooperative is critical for perfecting rural finance risk management mechanism and improving the ability of risk controlling.This paper analyzes the key factors affecting probability of default systematically based on the debtor's will and capability of paying back.On top of that,we build logistic model to predict probability of default,and verify the model's ability for default distinguishing and recognition.The result shows that probability of default is related to debtor age,district,the proportion between loaning amount and household income,relationship between debtor and creditor and registration properties (temporary residents or permanent residents) and the model has better performance on default identification in sample and out of sample.Therefore,this model provides foundation for credit assessment before lending,risk management for rural credit cooperative.

  16. Summary of high burnup fuel issues and NRC`s plan of action

    Energy Technology Data Exchange (ETDEWEB)

    Meyer, R.O.

    1997-01-01

    For the past two years the Office of Nuclear Regulatory Research has concentrated mostly on the so-called reactivity-initiated accidents -- the RIAs -- in this session of the Water Reactor Safety Information Meeting, but this year there is a more varied agenda. RIAs are, of course, not the only events of interest for reactor safety that are affected by extended burnup operation. Their has now been enough time to consider a range of technical issues that arise at high burnup, and a list of such issues being addressed in their research program is given here. (1) High burnup capability of the steady-state code (FRAPCON) used for licensing audit calculations. (2) General capability (including high burnup) of the transient code (FRAPTRAN) used for special studies. (3) Adequacy at high burnup of fuel damage criteria used in regulation for reactivity accidents. (4) Adequacy at high burnup of models and fuel related criteria used in regulation for loss-of-coolant accidents (LOCAs). (5) Effect of high burnup on fuel system damage during normal operation, including control rod insertion problems. A distinction is made between technical issues, which may or may not have direct licensing impacts, and licensing issues. The RIAs became a licensing issue when the French test in CABRI showed that cladding failures could occur at fuel enthalpies much lower than a value currently used in licensing. Fuel assembly distortion became a licensing issue when control rod insertion was affected in some operating plants. In this presentation, these technical issues will be described and the NRC`s plan of action to address them will be discussed.

  17. New high burnup fuel models for NRC`s licensing audit code, FRAPCON

    Energy Technology Data Exchange (ETDEWEB)

    Lanning, D.D.; Beyer, C.E.; Painter, C.L. [Pacific Northwest Laboratory, Richland, WA (United States)

    1996-03-01

    Fuel behavior models have recently been updated within the U.S. Nuclear Regulatory Commission steady-state FRAPCON code used for auditing of fuel vendor/utility-codes and analyses. These modeling updates have concentrated on providing a best estimate prediction of steady-state fuel behavior up to the maximum burnup level s of current data (60 to 65 GWd/MTU rod-average). A decade has passed since these models were last updated. Currently, some U.S. utilities and fuel vendors are requesting approval for rod-average burnups greater than 60 GWd/MTU; however, until these recent updates the NRC did not have valid fuel performance models at these higher burnup levels. Pacific Northwest Laboratory (PNL) has reviewed 15 separate effects models within the FRAPCON fuel performance code (References 1 and 2) and identified nine models that needed updating for improved prediction of fuel behavior at high burnup levels. The six separate effects models not updated were the cladding thermal properties, cladding thermal expansion, cladding creepdown, fuel specific heat, fuel thermal expansion and open gap conductance. Comparison of these models to the currently available data indicates that these models still adequately predict the data within data uncertainties. The nine models identified as needing improvement for predicting high-burnup behavior are fission gas release (FGR), fuel thermal conductivity (accounting for both high burnup effects and burnable poison additions), fuel swelling, fuel relocation, radial power distribution, fuel-cladding contact gap conductance, cladding corrosion, cladding mechanical properties and cladding axial growth. Each of the updated models will be described in the following sections and the model predictions will be compared to currently available high burnup data.

  18. Farmer credit loan decision model and application based on bank credit risk losing ratio%基于贷款风险损失比的农户信贷模型与应用

    Institute of Scientific and Technical Information of China (English)

    庞素琳

    2012-01-01

    The article studies the farmer credit loan decision model based on the bank loan risk losing ratio and the corresponding interest rate mechanism on the bank fiduciary loan. Assuming two different cases; One being that the successful probability of the fanner' s project affects only the expected return of the bank and the other being that the successful probability of the farmer' s project affects on both the expected return of the bank and the expected return of the farmer respectively, it proposes two farmer credit loan decision models and gives two different optimal loan interest rate mechanisms on the bank by taking both individual rationality of the farmer and loan risk losing ratio the bank can tolerate the most as constraint conditions. It also gives an example. Aiming at the fanner' s different credit grades and he got the bank credit in the course of the five levels of classification, it designs 4 groups of different combinatorial data. It discusses the changes of both the optimal project successful probability of the farmer and the optimal loan interest rate of the bank based on the changes of the loan fund, the farmer' s self-wealth, the loan risk losing ratio the bank can tolerate the most and the expected yield of the farmer. It also discusses the changes of both the net expected yield and the reasonable interval of the expected yield for the farmer project.%在农户信用评级基础上,研究基于银行贷款风险损失比的农户信用贷款决策模型以及银行相应的信用贷款利率机制.通过以农户个体合理性和银行最大可接受的贷款风险损失比作为约束条件,分别在农户项目成功概率对银行期望收益的影响以及农户项目成功概率同时对银行期望收益和农户期望收益都产生影响两种不同情形的假设下,建立了相应的农户信用贷款决策模型,给出了两种不同的银行最优贷款利率机制.本文还举出实例,针对5级分类中农户不同的信用等级

  19. Development and verification of fuel burn-up calculation model in a reduced reactor geometry

    Energy Technology Data Exchange (ETDEWEB)

    Sembiring, Tagor Malem [Center for Reactor Technology and Nuclear Safety (PTKRN), National Nuclear Energy Agency (BATAN), Kawasan PUSPIPTEK Gd. No. 80, Serpong, Tangerang 15310 (Indonesia)], E-mail: tagorms@batan.go.id; Liem, Peng Hong [Research Laboratory for Nuclear Reactor (RLNR), Tokyo Institute of Technology (Tokyo Tech), O-okayama, Meguro-ku, Tokyo 152-8550 (Japan)

    2008-02-15

    A fuel burn-up model in a reduced reactor geometry (2-D) is successfully developed and implemented in the Batan in-core fuel management code, Batan-FUEL. Considering the bank mode operation of the control rods, several interpolation functions are investigated which best approximate the 3-D fuel assembly radial power distributions across the core as function of insertion depth of the control rods. Concerning the applicability of the interpolation functions, it can be concluded that the optimal coefficients of the interpolation functions are not very sensitive to the core configuration and core or fuel composition in RSG GAS (MPR-30) reactor. Consequently, once the optimal interpolation function and its coefficients are derived then they can be used for 2-D routine operational in-core fuel management without repeating the expensive 3-D neutron diffusion calculations. At the selected fuel elements (at H-9 and G-6 core grid positions), the discrepancy of the FECFs (fuel element channel power peaking factors) between the 2-D and 3-D models are within the range of 3.637 x 10{sup -4}, 3.241 x 10{sup -4} and 7.556 x 10{sup -4} for the oxide, silicide cores with 250 g {sup 235}U/FE and the silicide core with 300 g {sup 235}U/FE, respectively.

  20. Credit and civilization.

    Science.gov (United States)

    Newton, Tim

    2003-09-01

    This paper analyses financial credit in order to re-examine the work of Norbert Elias, particularly his association of interdependency complexity with social discipline, and his approach to contradiction. Following a discussion of these issues, the paper examines Elias's writing on money and explores the emergence of financial credit networks in early modern England. Attention is paid to credit networks and social discipline, to credit and the state, and to the contradictory images associated with the transition to modern cash economies. From one perspective, early modern credit networks might be read as a confirmation of Elias, particularly his argument that interdependency complexity, changing power balances and self-restraint are interwoven. Yet the development of modern cash money raises questions, not just in relation to Elias's treatment of money, but also with regard to his assumptions about social discipline and his approach to ambivalence and contradiction. Drawing on the foregoing discussion, the paper argues that the relation between interdependency complexity and social discipline is contingent and variable, and that interdependency complexity may simultaneously encourage contradictory processes, such as those of civilizing and barbarity.

  1. Credit commercial et limitation du credit des entreprises canadiennes

    OpenAIRE

    Cunningham, Rose

    2005-01-01

    Burkart et Ellingsen (2004) ont elabore un modele de credit commercial et de limitation du credit bancaire selon lequel les entreprises a faible ou moyenne rentabilite auraient recours au credit commercial pour attenuer les effets de limitation du credit bancaire. Nous testons cette prediction et plusieurs autres produites par ce modele a partir d'un vaste echantillon compose de plus de 28 000 entreprises canadiennes. Au lieu de choisir arbitrairement les entreprises susceptibles de voir leur...

  2. Model for evolution of grain size in the rim region of high burnup UO2 fuel

    Science.gov (United States)

    Xiao, Hongxing; Long, Chongsheng; Chen, Hongsheng

    2016-04-01

    The restructuring process of the high burnup structure (HBS) formation in UO2 fuel results in sub-micron size grains that accelerate the fission gas swelling, which will raise some concern over the safety of extended the nuclear fuel operation life in the reactor. A mechanistic and engineering model for evolution of grain size in the rim region of high burnup UO2 fuel based on the experimental observations of the HBS in the literature is presented. The model takes into account dislocations evolution under irradiation and the grain subdivision occur successively at increasing local burnup. It is assumed that the original driving force for subdivision of grain in the HBS of UO2 fuel is the production and accumulation of dislocation loops during irradiation. The dislocation loops can also be annealed through thermal diffusion when the temperature is high enough. The capability of this model is validated by the comparison with the experimental data of temperature threshold of subdivision, dislocation density and sub-grain size as a function of local burnup. It is shown that the calculated results of the dislocation density and subdivided grain size as a function of local burnup are in good agreement with the experimental results.

  3. Plutonium and Minor Actinides Recycling in Standard BWR using Equilibrium Burnup Model

    Directory of Open Access Journals (Sweden)

    Abdul Waris

    2008-03-01

    Full Text Available Plutonium (Pu and minor actinides (MA recycling in standard BWR with equilibrium burnup model has been studied. We considered the equilibrium burnup model as a simple time independent burnup method, which can manage all possible produced nuclides in any nuclear system. The equilibrium burnup code was bundled with a SRAC cell-calculation code to become a coupled cell-burnup calculation code system. The results show that the uranium enrichment for the criticality of the reactor, the amount of loaded fuel and the required natural uranium supply per year decrease for the Pu recycling and even much lower for the Pu & MA recycling case compared to those of the standard once-through BWR case. The neutron spectra become harder with the increasing number of recycled heavy nuclides in the reactor core. The total fissile rises from 4.77% of the total nuclides number density in the reactor core for the standard once-through BWR case to 6.64% and 6.72% for the Plutonium recycling case and the Pu & MA recycling case, respectively. The two later data may become the main basis why the required uranium enrichment declines and consequently diminishes the annual loaded fuel and the required natural uranium supply. All these facts demonstrate the advantage of plutonium and minor actinides recycling in BWR.

  4. An Analysis of Credit Scoring for Agricultural Loans in Thailand

    Directory of Open Access Journals (Sweden)

    Visit Limsombunchai

    2005-01-01

    Full Text Available Loan contract performance determines the profitability and stability of the financial institutions and screening the loan applications is a key process in minimizing credit risk. Before making any credit decisions, credit analysis (the assessment of the financial history and financial backgrounds of the borrowers should be completed as part of the screening process. A good credit risk assessment assists financial institutions on loan pricing, determining amount of credit, credit risk management, reduction of default risk and increase in debt repayment. The purpose of this study is to estimate a credit scoring model for the agricultural loans in Thailand. The logistic regression and Artificial Neural Networks (ANN are used to construct the credit scoring models and to predict the borrower’s creditworthiness and default risk. The results of the logistic regression confirm the importance of total asset value, capital turnover ratio (efficiency and the duration of a bank - borrower relationship as important factors in determining the creditworthiness of the borrowers. The results also show that a higher value of assets implies a higher credit worthiness and a higher probability of a good loan. However, the negative signs found on both capital turnover ratio and the duration of bank-borrower relationship, which contradict with the hypothesized signs, suggest that the borrower who has a long relationship with the bank and who has a higher gross income to total assets has a higher probability to default on debt repayment.

  5. Leasing versus Credit

    OpenAIRE

    Chalupecký, Jakub

    2008-01-01

    The aim of the bachelor thesis is to compare a leasing and a credit as a form of external financing long-term assets especially from accounting, tax and legal point of view. An accounting part is focused on the beginning, standard progress and correct ending of a contract. A chapter devoted to taxes follows the preceding accounting issues. In a following chapter the thesis is focused on a comparison of an economic advantage of a financial leasing and a credit. Lastly the theoretical knowledge...

  6. Credit where due.

    Science.gov (United States)

    Friedman, Steven G

    2016-08-01

    The history of medicine is filled with stories of tireless researchers who failed to get credit for their hard work. Examples of this include Rosalind Franklin, who helped to elucidate the structure of DNA; Frederick Banting, who helped to discover insulin; and Jay McLean, who discovered heparin. The founding of the field of vascular surgery provides one of the most vivid examples of uncredited work. Even though Alexis Carrel was an unpaid, untitled assistant in Charles Guthrie's laboratory, it was Carrel alone who received a Nobel Prize for their work. In an attempt to give credit where due, the reasons for this injustice are described.

  7. Burn-up Function of Fuel Management Code for Aqueous Homogeneous Reactors and Its Validation%溶液堆物理计算程序FMCAHR燃耗功能及其验证

    Institute of Scientific and Technical Information of China (English)

    汪量子; 姚栋; 王侃

    2011-01-01

    介绍了FMCAHR程序的燃耗计算模型及流程,并使用燃耗基准题和DRAGON程序对燃耗计算结果进行验证.验证结果表明,FMCAHR燃耗计算功能的准确性较高,适用于溶液堆的燃耗计算分析.%Fuel Management Code for Aqueous Homogeneous Reactors(FMCAHR)is developed based on the Monte Carlo transport method,to analyze the physics characteristics of aqueous homogeneous reactors. FMCAHR has the ability of doing resonance treatment,searching for critical rod heights,thermal hydraulic parameters calculation,radiolytic-gas bubbles' calculation and burn-up calculation. This paper introduces the theory model and scheme of its bum-up function,and then compares its calculation results with benchmarks and with DRAGON'S burn-up results,which confirms its burn-up computing precision and its applicability in the burn-up calculation and analysis for aqueous solution reactors.

  8. Comparative Research on Romanian SMEs Crediting

    Directory of Open Access Journals (Sweden)

    Florin - Mihai MAGDA

    2014-09-01

    Full Text Available In an efficient market economy, economic growth and welfare is based on the existence of a powerful SME sector. As proven in the context of the nowadays crisis, a powerful and well-developed SME sector can successfully cope with economic challenges and can adapt more easily to a negative economic context, insuring, in the same time, the premises for the economic recovery and the population welfare. Therefore, one of the most important concerns for the developing countries is the development of the SME segment, which obviously supposes the accumulation of capital. Considering the post-revolutionary economic history of Romania, the shift from a centrally planned economy to the market economy, and afterwards the financial crisis that has started in 2008, at present the SME segment is being developed especially through loans granted by the commercial banks, taken into account the low absorption rate of European funds and the insignificant and incoherent governmental financing programs. Therefore, this paper is important and actual as it synthetically and relatively simply presents the way in which Romanian commercial banks determine which SMEs may be financed, after performing a quantitative / financial analysis of the applicants in order to correctly determine the credit risk as a result of assessing and interpreting the main economic and financial indexes. We will also present the actual macro-economical stage (crediting terms, credit risk, credit demand, etc, as well as the main similarities and differences occurring in the SMEs crediting process at the Romanian commercial banks.

  9. 77 FR 26050 - Burnup Credit in the Criticality Safety Analyses of Pressurized Water Reactor Spent Fuel in...

    Science.gov (United States)

    2012-05-02

    ... acceptance criteria contained in NUREG-1536, Revision 1, ``Standard Review Plan for Spent Fuel Dry Storage Systems at a General License Facility,'' NUREG-1567, ``Standard Review Plan for Spent Fuel Dry Storage Facilities,'' and NUREG-1617, ``Standard Review Plan for Transportation Packages for Spent Nuclear...

  10. Dynamic Diversification in Corporate Credit

    DEFF Research Database (Denmark)

    Christoffersen, Peter; Jacobs, Kris; Jin, Xisong;

    We characterize diversification in corporate credit using a new class of dynamic copula models which can capture dynamic dependence and asymmetry in large samples of firms. We also document important differences between credit spread and equity return dependence dynamics. Modeling a decade...... the crisis and remain high as well. The most important shocks to credit dependence occur in August of 2007 and in August of 2011, but interestingly these dates are not associated with significant changes to median credit spreads....

  11. Self-Fulfilling Credit Cycles

    OpenAIRE

    Costas Azariadis; Leo Kaas

    2012-01-01

    This paper argues that self-fulfilling beliefs in credit conditions can generate endogenously persistent business cycle dynamics. We develop a tractable dynamic general equilibrium model with idiosyncratic firm productivity shocks. Capital from less productive firms is lent to more productive ones in the form of credit secured by collateral and also as unsecured credit based on reputation. A dynamic complementarity between current and future credit constraints permits uncorrelated sunspot sho...

  12. Intertemporal consumption and credit constraints

    DEFF Research Database (Denmark)

    Leth-Petersen, Søren

    2010-01-01

    There is continuing controversy over the importance of credit constraints. This paper investigates whether total household expenditure and debt is affected by an exogenous increase in access to credit provided by a credit market reform that enabled Danish house owners to use housing equity as col...

  13. Credit Risk Modeling

    DEFF Research Database (Denmark)

    Lando, David

    Credit risk is today one of the most intensely studied topics in quantitative finance. This book provides an introduction and overview for readers who seek an up-to-date reference to the central problems of the field and to the tools currently used to analyze them. The book is aimed at researchers...

  14. Review of Halden Reactor Project high burnup fuel data that can be used in safety analyses

    Energy Technology Data Exchange (ETDEWEB)

    Wiesenack, W. [OECD Halden Reactor Project (Norway)

    1996-03-01

    The fuels and materials testing programmes carried out at the OECD Halden Reactor Project are aimed at providing data in support of a mechanistic understanding of phenomena, especially as related to high burnup fuel. The investigations are focused on identifying long term property changes, and irradiation techniques and instrumentation have been developed over the years which enable to assess fuel behaviour and properties in-pile. The fuel-cladding gap has an influence on both thermal and mechanical behaviour. Improved gap conductance due to gap closure at high exposure is observed even in the case of a strong contamination with released fission gas. On the other hand, pellet-cladding mechanical interaction, which is measured with cladding elongation detectors and diameter gauges, is re-established after a phase with less interaction and is increasing. These developments are exemplified with data showing changes of fuel temperature, hydraulic diameter and cladding elongation with burnup. Fuel swelling and cladding primary and secondary creep have been successfully measured in-pile. They provide data for, e.g., the possible cladding lift-off to be accounted for at high burnup. Fuel conductivity degradation is observed as a gradual temperature increase with burnup. This affects stored heat, fission gas release and temperature dependent fuel behaviour in general. The Halden Project`s data base on fission gas release shows that the phenomenon is associated with an accumulation of gas atoms at the grain boundaries to a critical concentration before appreciable release occurs. This is accompanied by an increase of the surface-to-volume ratio measured in-pile in gas flow experiments. A typical observation at high burnup is also that a burst release of fission gas may occur during a power decrease. Gas flow and pressure equilibration experiments have shown that axial communication is severely restricted at high burnup.

  15. Post Irradiation Examination Plan for High-Burnup Demonstration Project Sister Rods

    Energy Technology Data Exchange (ETDEWEB)

    Scaglione, John M [Oak Ridge National Lab. (ORNL), Oak Ridge, TN (United States); Montgomery, Rose [Oak Ridge National Lab. (ORNL), Oak Ridge, TN (United States); Bevard, Bruce Balkcom [Oak Ridge National Lab. (ORNL), Oak Ridge, TN (United States)

    2016-04-01

    This test plan describes the experimental work to be implemented by the U.S. Department of Energy (DOE) Office of Nuclear Energy (NE) to characterize high burnup (HBU) spent nuclear fuel (SNF) in conjunction with the High Burnup Dry Storage Cask Research and Development Project and serves to coordinate and integrate the multi-year experimental program to collect and develop data regarding the continued storage and eventual transport of HBU (i.e., >45 GWd/MTU) SNF. The work scope involves the development, performance, technical integration, and oversight of measurements and collection of relevant data, guided by analyses and demonstration of need.

  16. Fuel burnup calculation of Ghana MNSR using ORIGEN2 and REBUS3 codes.

    Science.gov (United States)

    Abrefah, R G; Nyarko, B J B; Fletcher, J J; Akaho, E H K

    2013-10-01

    Ghana Research Reactor-1 core is to be converted from HEU fuel to LEU fuel in the near future and managing the spent nuclear fuel is very important. A fuel depletion analysis of the GHARR-1 core was performed using ORIGEN2 and REBUS3 codes to estimate the isotopic inventory at end-of-cycle in order to help in the design of an appropriate spent fuel cask. The results obtained for both codes were consistent for U-235 burnup weight percent and Pu-239 build up as a result of burnup.

  17. Progress of the RIA experiments with high burnup fuels and their evaluation in JAERI

    Energy Technology Data Exchange (ETDEWEB)

    Ishijima, Kiyomi; Fuketa, Toyoshi [Japan Atomic Energy Research Institute, Ibaraki-ken (Japan)

    1997-01-01

    Recent results obtained in the NSRR power burst experiments with high burnup PWR fuel rods are described and discussed in this paper. Data concerning test condition, transient records during pulse irradiation and post irradiation examination are described. Another high burnup PWR fuel rod failed in the test HBO-5 at the slightly higher energy deposition than that in the test HBO-1. The failure mechanism of the test HBO-5 is the same as that of the test HBO-1, that is, hydride-assisted PCMI. Some influence of the thermocouples welding on the failure behavior of the HBO-5 rod was observed.

  18. 诚信评价系统在陆运交易平台中的应用%Application of Credit Rating System in Land Trading Platform

    Institute of Scientific and Technical Information of China (English)

    黄昆

    2014-01-01

    针对陆运行业诚信体系建设滞后的问题,提出了在陆运交易平台中建立完善的诚信评价系统的方案,阐述了诚信评价系统在陆运交易平台中的构成,并从准入机制、监管机制、奖惩机制、会员管理、诚信评价积分、不良信用举报、服务质量跟踪等方面具体论述了诚信评价系统在陆运交易平台中的设计与实施。%To improve the lagging of credit system construction for land transportation platforms, a scheme of credit rating system was proposed. In the paper, the constitution of the system was described and its design and implementa-tion in the land trading platform were discussed from the perspectives of access permission mechanism, supervision mechanism, reward and punishment mechanism, membership management, credit rating scores, bad credit reporting and service quality tracking.

  19. Credit Risk Assessment Model Based Using Principal component Analysis And Artificial Neural Network

    Directory of Open Access Journals (Sweden)

    Hamdy Abeer

    2016-01-01

    Full Text Available Credit risk assessment for bank customers has gained increasing attention in recent years. Several models for credit scoring have been proposed in the literature for this purpose. The accuracy of the model is crucial for any financial institution’s profitability. This paper provided a high accuracy credit scoring model that could be utilized with small and large datasets utilizing a principal component analysis (PCA based breakdown to the significance of the attributes commonly used in the credit scoring models. The proposed credit scoring model applied PCA to acquire the main attributes of the credit scoring data then an ANN classifier to determine the credit worthiness of an individual applicant. The performance of the proposed model was compared to other models in terms of accuracy and training time. Results, based on German dataset showed that the proposed model is superior to others and computationally cheaper. Thus it can be a potential candidate for future credit scoring systems.

  20. Measuring Credit Capacity on Danish Farms Using DEA

    DEFF Research Database (Denmark)

    Friis Pedersen, Michael; Vesterlund Olsen, Jakob

    2013-01-01

    Purpose:The purpose of this paper is to introduce a novel measure of access to credit suited to estimate the relative change in credit reserves. Design/methodology/approach: A debt possibility frontier is estimated using data envelopment analysis and the Malmquist index is calculated. The Malmquist...... index is redubbed the Debt Development index and decomposed into “change in debt capacity” and “change in debt capacity utilization”. Bootstrapping is applied for statistical inference. The method is applied to an unbalanced panel of 92,000 Danish farm accounts from 1996 to 2009. Findings: The paper...... in credit reserves. Practical implications: In a period of increasing credit reserves, risk management institutions are unlikely to develop. Like agricultural policy, access to credit may crowd out market-based risk management. Originality/value: The study represents a novel application and interpretation...

  1. COMBINING CLASSIFIERS FOR CREDIT RISK PREDICTION

    Institute of Scientific and Technical Information of China (English)

    Bhekisipho TWALA

    2009-01-01

    Credit risk prediction models seek to predict quality factors such as whether an individual will default (bad applicant) on a loan or not (good applicant). This can be treated as a kind of machine learning (ML) problem. Recently, the use of ML algorithms has proven to be of great practical value in solving a variety of risk problems including credit risk prediction. One of the most active areas of recent research in ML has been the use of ensemble (combining) classifiers. Research indicates that ensemble individual classifiers lead to a significant improvement in classification performance by having them vote for the most popular class. This paper explores the predicted behaviour of five classifiers for different types of noise in terms of credit risk prediction accuracy, and how could such accuracy be improved by using pairs of classifier ensembles. Benchmarking results on five credit datasets and comparison with the performance of each individual classifier on predictive accuracy at various attribute noise levels are presented. The experimental evaluation shows that the ensemble of classifiers technique has the potential to improve prediction accuracy.

  2. Sovereign credit default swaps

    OpenAIRE

    Frank Packer; Chamaree Suthiphongchai

    2003-01-01

    This paper focuses on the sovereign segment of the credit default swap (CDS) market, examining data covering several years of quotes and trades from an important CDS inter-dealer broker. Compared to corporate or bank CDSs, sovereign CDSs are concentrated in fewer names and in contracts with reference assets of relatively short maturity, apparently a result of the fairly high proportion of low-rated sovereigns that tend to issue at short maturities. In addition, spreads on CDSs written on very...

  3. Comparison between SERPENT and MONTEBURNS codes applied to burnup calculations of a GFR-like configuration

    Energy Technology Data Exchange (ETDEWEB)

    Chersola, Davide [GeNERG – DIME/TEC, University of Genova, via all’Opera Pia 15/a, 16145 Genova (Italy); INFN, via Dodecaneso 33, 16146 Genova (Italy); Lomonaco, Guglielmo, E-mail: guglielmo.lomonaco@unige.it [GeNERG – DIME/TEC, University of Genova, via all’Opera Pia 15/a, 16145 Genova (Italy); INFN, via Dodecaneso 33, 16146 Genova (Italy); Marotta, Riccardo [GeNERG – DIME/TEC, University of Genova, via all’Opera Pia 15/a, 16145 Genova (Italy); INFN, via Dodecaneso 33, 16146 Genova (Italy); Mazzini, Guido [Centrum výzkumu Řež (Research Centre Rez), Husinec-Rez, cp. 130, 25068 Rez (Czech Republic)

    2014-07-01

    Highlights: • MC codes are widely adopted to analyze nuclear facilities, including GEN-IV reactors. • Burnup calculations are an efficient tool to test neutronic Monte Carlo codes. • In this comparison the used codes show some differences but a good agreement exists. - Abstract: This paper presents the comparison between two Monte Carlo based burnup codes: SERPENT and MONTEBURNS. Monte Carlo codes are fully and worldwide adopted to perform analyses on nuclear facilities, also in the frame of Generation IV advanced reactors simulations. Thus, faster and most powerful calculation codes are needed with the aim to analyze complex geometries and specific neutronic behaviors. Burnup calculations are an efficient tool to test neutronic Monte Carlo codes: indeed these calculations couple transport and depletion procedures, so that neutronic reactor behavior can be simulated in its totality. Comparisons have been performed on a configuration representing the Allegro MOX 75 MW{sub th} reactor proposed by the European GoFastR (Gas-cooled Fast Reactor) Project in the frame of the 7th Euratom Framework Program. Although in burnup and criticality comparisons the codes used in simulations show different calculation times and some differences in amounts and in precision (in term of statistical errors), a reasonably good agreement between them exists.

  4. Computational simulation of fuel burnup estimation for research reactors plate type

    Energy Technology Data Exchange (ETDEWEB)

    Santos, Nadia Rodrigues dos, E-mail: nadiasam@gmail.com [Instituto Federal de Educacao, Ciencia e Tecnologia do Rio de Janeiro (IFRJ), Paracambi, RJ (Brazil); Lima, Zelmo Rodrigues de; Moreira, Maria de Lourdes, E-mail: zrlima@ien.gov.br, E-mail: malu@ien.gov.br [Instituto de Engenharia Nuclear (IEN/CNEN-RJ), Rio de Janeiro, RJ (Brazil)

    2015-07-01

    The aim of this study is to estimate the spatial fuel burnup, through computational simulation, in two research reactors plate type, loaded with dispersion fuel: the benchmark Material Test Research - International Atomic Energy Agency (MTR-IAEA) and a typical multipurpose reactor (MR). The first composed of plates with uranium oxide dispersed in aluminum (UAlx-Al) and a second composed with uranium silicide (U{sub 3}Si{sub 2}) dispersed in aluminum. To develop this work we used the deterministic code, WIMSD-5B, which performs the cell calculation solving the neutron transport equation, and the DF3DQ code, written in FORTRAN, which solves the three-dimensional neutron diffusion equation using the finite difference method. The methodology used was adequate to estimate the spatial fuel burnup , as the results was in accordance with chosen benchmark, given satisfactorily to the proposal presented in this work, even showing the possibility to be applied to other research reactors. For future work are suggested simulations with other WIMS libraries, other settings core and fuel types. Comparisons the WIMSD-5B results with programs often employed in fuel burnup calculations and also others commercial programs, are suggested too. Another proposal is to estimate the fuel burnup, taking into account the thermohydraulics parameters and the Xenon production. (author)

  5. Fission Gas Release in LWR Fuel Rods Exhibiting Very High Burn-Up

    DEFF Research Database (Denmark)

    Carlsen, H.

    1980-01-01

    Two UO2Zr BWR type test fuel rods were irradiated to a burn-up of about 38000 MWd/tUO2. After non-destructive characterization, the fission gas released to the internal free volume was extracted and analysed. The irradiation was simulated by means of the Danish fuel performance code WAFER-2, which...

  6. Development of an MCNP-tally based burnup code and validation through PWR benchmark exercises

    Energy Technology Data Exchange (ETDEWEB)

    El Bakkari, B. [ERSN-LMR, Department of physics, Faculty of Sciences P.O.Box 2121, Tetuan (Morocco)], E-mail: bakkari@gmail.com; El Bardouni, T.; Merroun, O.; El Younoussi, Ch.; Boulaich, Y. [ERSN-LMR, Department of physics, Faculty of Sciences P.O.Box 2121, Tetuan (Morocco); Chakir, E. [EPTN-LPMR, Faculty of Sciences Kenitra (Morocco)

    2009-05-15

    The aim of this study is to evaluate the capabilities of a newly developed burnup code called BUCAL1. The code provides the full capabilities of the Monte Carlo code MCNP5, through the use of the MCNP tally information. BUCAL1 uses the fourth order Runge Kutta method with the predictor-corrector approach as the integration method to determine the fuel composition at a desired burnup step. Validation of BUCAL1 was done by code vs. code comparison. Results of two different kinds of codes are employed. The first one is CASMO-4, a deterministic multi-group two-dimensional transport code. The second kind is MCODE and MOCUP, a link MCNP-ORIGEN codes. These codes use different burnup algorithms to solve the depletion equations system. Eigenvalue and isotope concentrations were compared for two PWR uranium and thorium benchmark exercises at cold (300 K) and hot (900 K) conditions, respectively. The eigenvalue comparison between BUCAL1 and the aforementioned two kinds of codes shows a good prediction of the systems'k-inf values during the entire burnup history, and the maximum difference is within 2%. The differences between the BUCAL1 isotope concentrations and the predictions of CASMO-4, MCODE and MOCUP are generally better, and only for a few sets of isotopes these differences exceed 10%.

  7. Dependence of heavy metal burnup on nuclear data libraries for fast reactors

    CERN Document Server

    Ohki, S

    2003-01-01

    Japan Nuclear Cycle Development Institute (JNC) is considering the highly burnt fuel as well as the recycling of minor actinide (MA) in the development of commercialized fast reactor cycle systems. Higher accuracy in burnup calculation is going to be required for higher mass plutonium isotopes ( sup 2 sup 4 sup 0 Pu, etc.) and MA nuclides. In the framework of research and development aiming at the validation and necessary improvements of fast reactor burnup calculation, we investigated the differences among the burnup calculation results with the major nuclear data libraries: JEF-2.2, ENDF/B-VI Release 5, JENDL-3.2, and JENDL-3.3. We focused on the heavy metal nuclides such as plutonium and MA in the central core region of a conventional sodium-cooled fast reactor. For main heavy metal nuclides ( sup 2 sup 3 sup 5 U, sup 2 sup 3 sup 8 U, sup 2 sup 3 sup 9 Pu, sup 2 sup 4 sup 0 Pu, and sup 2 sup 4 sup 1 Pu), number densities after 1-cycle burnup did not change over one or two percent. Library dependence was re...

  8. Oxygen potential measurements in high burnup LWR U0 2 fuel

    Science.gov (United States)

    Matzke, Hj.

    1995-05-01

    A miniature solid state galvanic cell was used to measure the oxygen potential Δ overlineG( O2) of reactor irradiated U0 2 fuel at different burnups in the range of 28 to ⩾ 150 GWd d/t M. This very high burnup was achieved in the rim region of a fuel with a cross section average burnup of 75 GWd d/t M. The fuels had different enrichments and therefore different contributions of fission of 235U and 239Pu. The temperature range covered was 900 to 1350 K. None of the fuels showed a significant oxidation. Rather, if allowance is made for the dissolved rare earth fission products and the Pu formed during irradiation, some of the fuels were very slightly substoichiometric and the highest possible degree of oxidation corresponded to U0 2.001. In general, the Δ overlineG( O2) at 750°C was about -400 kJ/mol, corresponding to the Δ overlineG( O2) of the reaction Mo + O 2 → MoO 2. The implication of these results which are in contrast to commonly assumed ideas that U0 2 fuel oxidizes due to burnup, are discussed and the importance of the fission product Mo and of the zircaloy clad as oxygen buffers is outlined.

  9. Thermal properties of U–Mo alloys irradiated to moderate burnup and power

    Energy Technology Data Exchange (ETDEWEB)

    Burkes, Douglas E., E-mail: Douglas.Burkes@pnnl.gov; Casella, Andrew M.; Casella, Amanda J.; Buck, Edgar C.; Pool, Karl N.; MacFarlan, Paul J.; Edwards, Matthew K.; Smith, Frances N.

    2015-09-15

    Highlights: • Thermal properties of irradiated U–Mo alloy monolithic fuel samples were measured. • Density, thermal diffusivity, and thermal conductivity are influenced by increasing burnup. • U–Mo chemistry and specific heat capacity was not as sensitive to increasing burnup. • Thermal conductivity decreased approximately 45% for a fission density of 4.52 × 10{sup 21} fissions cm{sup −3} at 200 °C. • An empirical model developed previously agrees well with the experimental measurements. - Abstract: A variety of physical and thermal property measurements as a function of temperature and fission density were performed on irradiated U–Mo alloy monolithic fuel samples with a Zr diffusion barrier and clad in aluminum alloy 6061. The U–Mo alloy density, thermal diffusivity, and thermal conductivity are strongly influenced by increasing burnup, mainly as the result of irradiation induced recrystallization and fission gas bubble formation and coalescence. U–Mo chemistry, specifically Mo content, and specific heat capacity was not as sensitive to increasing burnup. Measurements indicated that thermal conductivity of the U–Mo alloy decreased approximately 30% for a fission density of 3.30 × 10{sup 21} fissions cm{sup −3} and approximately 45% for a fission density of 4.52 × 10{sup 21} fissions cm{sup −3} from unirradiated values at 200 °C. An empirical thermal conductivity degradation model developed previously and summarized here agrees well with the experimental measurements.

  10. A simple gamma spectrometry method for evaluating the burnup of MTR-type HEU fuel elements

    Science.gov (United States)

    Makmal, T.; Aviv, O.; Gilad, E.

    2016-10-01

    A simple method for the evaluation of the burnup of a materials testing reactor (MTR) fuel element by gamma spectrometry is presented. The method was applied to a highly enriched uranium MTR nuclear fuel element that was irradiated in a 5 MW pool-type research reactor for a total period of 34 years. The experimental approach is based on in-situ measurements of the MTR fuel element in the reactor pool by a portable high-purity germanium detector located in a gamma cell. To corroborate the method, analytical calculations (based on the irradiation history of the fuel element) and computer simulations using a dedicated fuel cycle burnup code ORIGEN2 were performed. The burnup of the MTR fuel element was found to be 52.4±8.8%, which is in good agreement with the analytical calculations and the computer simulations. The method presented here is suitable for research reactors with either a regular or an irregular irradiation regime and for reactors with limited infrastructure and/or resources. In addition, its simplicity and the enhanced safety it confers may render this method suitable for IAEA inspectors in fuel element burnup assessments during on-site inspections.

  11. High Burnup Dry Storage Cask Research and Development Project, Final Test Plan

    Energy Technology Data Exchange (ETDEWEB)

    None

    2014-02-27

    EPRI is leading a project team to develop and implement the first five years of a Test Plan to collect data from a SNF dry storage system containing high burnup fuel.12 The Test Plan defined in this document outlines the data to be collected, and the storage system design, procedures, and licensing necessary to implement the Test Plan.13 The main goals of the proposed test are to provide confirmatory data14 for models, future SNF dry storage cask design, and to support license renewals and new licenses for ISFSIs. To provide data that is most relevant to high burnup fuel in dry storage, the design of the test storage system must mimic real conditions that high burnup SNF experiences during all stages of dry storage: loading, cask drying, inert gas backfilling, and transfer to the ISFSI for multi-year storage.15 Along with other optional modeling, SETs, and SSTs, the data collected in this Test Plan can be used to evaluate the integrity of dry storage systems and the high burnup fuel contained therein over many decades. It should be noted that the Test Plan described in this document discusses essential activities that go beyond the first five years of Test Plan implementation.16 The first five years of the Test Plan include activities up through loading the cask, initiating the data collection, and beginning the long-term storage period at the ISFSI. The Test Plan encompasses the overall project that includes activities that may not be completed until 15 or more years from now, including continued data collection, shipment of the Research Project Cask to a Fuel Examination Facility, opening the cask at the Fuel Examination Facility, and examining the high burnup fuel after the initial storage period.

  12. Collective credit allocation in science

    CERN Document Server

    Shen, Hua-Wei

    2014-01-01

    Collaboration among researchers is an essential component of the modern scientific enterprise, playing a particularly important role in multidisciplinary research. However, we continue to wrestle with allocating credit to the coauthors of publications with multiple authors, since the relative contribution of each author is difficult to determine. At the same time, the scientific community runs an informal field-dependent credit allocation process that assigns credit in a collective fashion to each work. Here we develop a credit allocation algorithm that captures the coauthors' contribution to a publication as perceived by the scientific community, reproducing the informal collective credit allocation of science. We validate the method by identifying the authors of Nobel-winning papers that are credited for the discovery, independent of their positions in the author list. The method can also compare the relative impact of researchers working in the same field, even if they did not publish together. The ability...

  13. Permit trading and credit trading

    DEFF Research Database (Denmark)

    Boom, Jan-Tjeerd; R. Dijstra, Bouwe

    This paper compares emissions trading based on a cap on total emissions (permit trading) and on relative standards per unit of output (credit trading). Two types of market structure are considered: perfect competition and Cournot oligopoly. We find that output, abatement costs and the number...... of firms are higher under credit trading. Allowing trade between permit-trading and credit-trading sectors may increase in welfare. With perfect competition, permit trading always leads to higher welfare than credit trading. With imperfect competition, credit trading may outperform permit trading....... Environmental policy can lead to exit, but also to entry of firms. Entry and exit have a profound impact on the performance of the schemes, especially under imperfect competition. We find that it may be impossible to implement certain levels of total industry emissions. Under credit trading several levels...

  14. Behaviour of fission gas in the rim region of high burn-up UO 2 fuel pellets with particular reference to results from an XRF investigation

    Science.gov (United States)

    Mogensen, M.; Pearce, J. H.; Walker, C. T.

    1999-01-01

    XRF and EPMA results for retained xenon from Battelle's high burn-up effects program are re-evaluated. The data reviewed are from commercial low enriched BWR fuel with burn-ups of 44.8-54.9 GWd/tU and high enriched PWR fuel with burn-ups from 62.5 to 83.1 GWd/tU. It is found that the high burn-up structure penetrated much deeper than initially reported. The local burn-up threshold for the formation of the high burn-up structure in those fuels with grain sizes in the normal range lay between 60 and 75 GWd/tU. The high burn-up structure was not detected by EPMA in a fuel that had a grain size of 78 μm although the local burn-up at the pellet rim had exceeded 80 GWd/tU. It is concluded that fission gas had been released from the high burn-up structure in three PWR fuel sections with burn-ups of 70.4, 72.2 and 83.1 GWd/tU. In the rim region of the last two sections at the locations where XRF indicated gas release the local burn-up was higher than 75 GWd/tU.

  15. 12 CFR 703.6 - Credit analysis.

    Science.gov (United States)

    2010-01-01

    ... 12 Banks and Banking 6 2010-01-01 2010-01-01 false Credit analysis. 703.6 Section 703.6 Banks and... ACTIVITIES § 703.6 Credit analysis. A Federal credit union must conduct and document a credit analysis on an... Federal Deposit Insurance Corporation. A Federal credit union must update this analysis at least...

  16. Burnup calculation by the method of first-flight collision probabilities using average chords prior to the first collision

    Science.gov (United States)

    Karpushkin, T. Yu.

    2012-12-01

    A technique to calculate the burnup of materials of cells and fuel assemblies using the matrices of first-flight neutron collision probabilities rebuilt at a given burnup step is presented. A method to rebuild and correct first collision probability matrices using average chords prior to the first neutron collision, which are calculated with the help of geometric modules of constructed stochastic neutron trajectories, is described. Results of calculation of the infinite multiplication factor for elementary cells with a modified material composition compared to the reference one as well as calculation of material burnup in the cells and fuel assemblies of a VVER-1000 are presented.

  17. Credit demand in Mozambican manufacturing

    DEFF Research Database (Denmark)

    Byiers, Bruce; Rand, John; Tarp, Finn

    2010-01-01

    manager education and business association membership are associated with whether a firm is credit constrained or not. Using our preferred measure of credit constraint suggests that around 43 per cent of the firms surveyed are constrained, and these enterprises would almost triple their debt burden......This paper uses two industrial firm surveys to identify the key determinants of credit demand in Mozambican manufacturing. We construct five different measures of being credit constrained and estimate desired debt demand. Besides firm size and ownership structure, we find evidence that general...

  18. Credit rationing and firm size

    Directory of Open Access Journals (Sweden)

    G. CALCAGNINI

    2013-10-01

    Full Text Available This paper examines the likelihood of credit rationing faced by firms of different size. Contrary to common thought, several recent contributions on this topic argue that, when rationing credit, size alone is not a sufficient condition for discriminating between firms. We show that this result can be predicted using a framework based on the Stiglitz-Weiss model. In particular, in an environment of asymmetric information, we highlight how the likelihood of credit rationing depends upon the shape of the distribution function of project returns, especially its asymmetry and Kurtosis. Our empirical results do not support the hypothesis that small firms face more credit rationing than larger firms.

  19. Artificial metaplasticity neural network applied to credit scoring.

    Science.gov (United States)

    Marcano-Cedeño, Alexis; Marin-de-la-Barcena, A; Jimenez-Trillo, J; Piñuela, J A; Andina, D

    2011-08-01

    The assessment of the risk of default on credit is important for financial institutions. Different Artificial Neural Networks (ANN) have been suggested to tackle the credit scoring problem, however, the obtained error rates are often high. In the search for the best ANN algorithm for credit scoring, this paper contributes with the application of an ANN Training Algorithm inspired by the neurons' biological property of metaplasticity. This algorithm is especially efficient when few patterns of a class are available, or when information inherent to low probability events is crucial for a successful application, as weight updating is overemphasized in the less frequent activations than in the more frequent ones. Two well-known and readily available such as: Australia and German data sets has been used to test the algorithm. The results obtained by AMMLP shown have been superior to state-of-the-art classification algorithms in credit scoring.

  20. Credit and identity theft

    OpenAIRE

    Charles M. Kahn; Roberds, William

    2005-01-01

    The quintessential crime of the information age is identity theft, the malicious use of personal identifying data. In this paper we model “identity” and its use in credit transactions. Various types of identity theft occur in equilibrium, including “new account fraud,” “existing account fraud,” and “friendly fraud.” The equilibrium incidence of identity theft represents a tradeoff between a desire to avoid costly or invasive monitoring of individuals on the one hand and the need to control tr...

  1. The effect of the financial crisis on credit scoring in the retail credit market in South Africa / van der Walt, J.

    OpenAIRE

    Van der Walt, Andries Jacobus

    2011-01-01

    This study follows a three–pronged approach to investigate the effects of the global financial crisis on the South African retail credit market (using Woolworths as subject). These three prongs, or areas, include a literature study, step–by–step credit scoring guide and an application of this guide in an empirical study. To achieve this goal, credit scoring was selected as the quantitative tool to illustrate these effects. Two different periods were chosen to supply a snapshot of the retail c...

  2. Development of a Burnup Module DECBURN Based on the Krylov Subspace Method

    Energy Technology Data Exchange (ETDEWEB)

    Cho, J. Y.; Kim, K. S.; Shim, H. J.; Song, J. S

    2008-05-15

    This report is to develop a burnup module DECBURN that is essential for the reactor analysis and the assembly homogenization codes to trace the fuel composition change during the core burnup. The developed burnup module solves the burnup equation by the matrix exponential method based on the Krylov Subspace method. The final solution of the matrix exponential is obtained by the matrix scaling and squaring method. To develop DECBURN module, this report includes the followings as: (1) Krylov Subspace Method for Burnup Equation, (2) Manufacturing of the DECBURN module, (3) Library Structure Setup and Library Manufacturing, (4) Examination of the DECBURN module, (5) Implementation to the DeCART code and Verification. DECBURN library includes the decay constants, one-group cross section and the fission yields. Examination of the DECBURN module is performed by manufacturing a driver program, and the results of the DECBURN module is compared with those of the ORIGEN program. Also, the implemented DECBURN module to the DeCART code is applied to the LWR depletion benchmark and a OPR-1000 pin cell problem, and the solutions are compared with the HELIOS code to verify the computational soundness and accuracy. In this process, the criticality calculation method and the predictor-corrector scheme are introduced to the DeCART code for a function of the homogenization code. The examination by a driver program shows that the DECBURN module produces exactly the same solution with the ORIGEN program. DeCART code that equips the DECBURN module produces a compatible solution to the other codes for the LWR depletion benchmark. Also the multiplication factors of the DeCART code for the OPR-1000 pin cell problem agree to the HELIOS code within 100 pcm over the whole burnup steps. The multiplication factors with the criticality calculation are also compatible with the HELIOS code. These results mean that the developed DECBURN module works soundly and produces an accurate solution

  3. Credit scoring for individuals

    Directory of Open Access Journals (Sweden)

    Maria DIMITRIU

    2010-12-01

    Full Text Available Lending money to different borrowers is profitable, but risky. The profits come from the interest rate and the fees earned on the loans. Banks do not want to make loans to borrowers who cannot repay them. Even if the banks do not intend to make bad loans, over time, some of them can become bad. For instance, as a result of the recent financial crisis, the capability of many borrowers to repay their loans were affected, many of them being on default. That’s why is important for the bank to monitor the loans. The purpose of this paper is to focus on credit scoring main issues. As a consequence of this, we presented in this paper the scoring model of an important Romanian Bank. Based on this credit scoring model and taking into account the last lending requirements of the National Bank of Romania, we developed an assessment tool, in Excel, for retail loans which is presented in the case study.

  4. 76 FR 26549 - Removal of Certain References to Credit Ratings Under the Securities Exchange Act of 1934

    Science.gov (United States)

    2011-05-06

    ... Release No. 11497 (Jun. 26, 1975), 40 FR 29795 (Jul. 16, 1975) and 17 CFR 240.15c3-1. \\12\\ See Credit... assess the credit and liquidity risks applicable to a security, and based on this process, would have to determine that the investment has only a ``minimal amount of credit risk.'' Under the proposed amendments,...

  5. Store Security. Credit Card Fraud.

    Science.gov (United States)

    Brockway, Jerry

    The manual, intended for use by adults and not in the high school classroom situation, presents material directed toward assisting in the reduction of credit card crime. This teaching guide is organized in three sections which deal with the nature of and major reasons for credit card fraud, the types of hot card runners, and methods of reducing…

  6. Multiple Ratings and Credit Spreads

    NARCIS (Netherlands)

    Bongaerts, D.; Cremers, K.J.M.; Goetzmann, W.N.

    2009-01-01

    This paper explores the role played by multiple credit rating agencies (CRAs) in the market for corporate bonds. Moody’s, S&P and Fitch operate in a competitive setting with market demand for both credit information and the certification value of a high rating. We empirically document the outcome of

  7. Credit Protection and Lending Relationships

    NARCIS (Netherlands)

    Arping, S.

    2014-01-01

    We examine the impact of credit default swaps (CDS) on lending relationships and credit market efficiency. CDS insulate lenders against losses from forcing borrowers into default and liquidation. This improves the credibility of foreclosure threats, which can have positive implications for borrower

  8. Draft evaluation of the frequency for gas sampling for the high burnup confirmatory data project

    Energy Technology Data Exchange (ETDEWEB)

    Stockman, Christine T. [Sandia National Lab. (SNL-NM), Albuquerque, NM (United States); Alsaed, Halim A. [Sandia National Lab. (SNL-NM), Albuquerque, NM (United States); Bryan, Charles R. [Sandia National Lab. (SNL-NM), Albuquerque, NM (United States)

    2015-03-26

    This report fulfills the M3 milestone M3FT-15SN0802041, “Draft Evaluation of the Frequency for Gas Sampling for the High Burn-up Storage Demonstration Project” under Work Package FT-15SN080204, “ST Field Demonstration Support – SNL”. This report provides a technically based gas sampling frequency strategy for the High Burnup (HBU) Confirmatory Data Project. The evaluation of: 1) the types and magnitudes of gases that could be present in the project cask and, 2) the degradation mechanisms that could change gas compositions culminates in an adaptive gas sampling frequency strategy. This adaptive strategy is compared against the sampling frequency that has been developed based on operational considerations. Gas sampling will provide information on the presence of residual water (and byproducts associated with its reactions and decomposition) and breach of cladding, which could inform the decision of when to open the project cask.

  9. Determination of deuterium–tritium critical burn-up parameter by four temperature theory

    Energy Technology Data Exchange (ETDEWEB)

    Nazirzadeh, M.; Ghasemizad, A. [Department of Physics, University of Guilan, 41335-1914 Rasht (Iran, Islamic Republic of); Khanbabei, B. [School of Physics, Damghan University, 36716-41167 Damghan (Iran, Islamic Republic of)

    2015-12-15

    Conditions for thermonuclear burn-up of an equimolar mixture of deuterium-tritium in non-equilibrium plasma have been investigated by four temperature theory. The photon distribution shape significantly affects the nature of thermonuclear burn. In three temperature model, the photon distribution is Planckian but in four temperature theory the photon distribution has a pure Planck form below a certain cut-off energy and then for photon energy above this cut-off energy makes a transition to Bose-Einstein distribution with a finite chemical potential. The objective was to develop four temperature theory in a plasma to calculate the critical burn up parameter which depends upon initial density, the plasma components initial temperatures, and hot spot size. All the obtained results from four temperature theory model are compared with 3 temperature model. It is shown that the values of critical burn-up parameter calculated by four temperature theory are smaller than those of three temperature model.

  10. Experience with incomplete control rod insertion in fuel with burnup exceeding approximately 40 GWD/MTU

    Energy Technology Data Exchange (ETDEWEB)

    Kee, E. [Houston Lighting & Power Co., Wadworth, TX (United States)

    1997-01-01

    Analysis and measurement experience with fuel assemblies having incomplete control rod insertion at burnups of approximately 40 GWD/MTU is presented. Control rod motion dynamics and simplified structural analyses are presented and compared to measurement data. Fuel assembly growth measurements taken with the plant Refueling Machine Z-Tape are described and presented. Bow measurements (including plug gauging) are described and potential improvements are suggested. The measurements described and analysis performed show that sufficient guide tube bow (either from creep or yield buckling) is present in some high burnup assemblies to stop the control rods before they reach their full limit of travel. Recommendations are made that, if implemented, could improve cost performance related to testing and analysis activities.

  11. High burnup fuel behavior related to fission gas effects under reactivity initiated accidents (RIA) conditions

    Science.gov (United States)

    Lemoine, F.

    1997-09-01

    Specific aspects of irradiated fuel result from the increasing retention of gaseous and volatile fission products with burnup, which, under overpower conditions, can lead to solid fuel pressurization and swelling causing severe PCMI (pellet clad mechanical interaction). In order to assess the reliability of high burnup fuel under RIAs, experimental programs have been initiated which have provided important data concerning the transient fission gas behavior and the clad loading mechanisms. The importance of the rim zone is demonstrated based on three experiments resulting in clad failure at low enthalpy, which are explained by energetic considerations. High gas release in non-failure tests with low energy deposition underlines the importance of grain boundary and porosity gas. Measured final releases are strongly correlated to the microstructure evolution, depending on energy deposition, pulse width, initial and refabricated fuel rod design. Observed helium release can also increase internal pressure and gives hints to the gas behavior understanding.

  12. Thermal properties of U–Mo alloys irradiated to moderate burnup and power

    Energy Technology Data Exchange (ETDEWEB)

    Burkes, Douglas E.; Casella, Andrew M.; Casella, Amanda J.; Buck, Edgar C.; Pool, Karl N.; MacFarlan, Paul J.; Edwards, Matthew K.; Smith, Frances N.

    2015-09-01

    A variety of physical and thermal property measurements as a function of temperature and fission density were performed on irradiated U-Mo alloy monolithic fuel samples with a Zr diffusion barrier and clad in aluminum alloy 6061. The U-Mo alloy density, thermal diffusivity, and thermal conductivity are strongly influenced by increasing burnup, mainly as the result of irradiation induced recrystallization and fission gas bubble formation and coalescence. U-Mo chemistry, specifically Mo content, and specific heat capacity was not as sensitive to increasing burnup. Measurements indicated that thermal conductivity of the U-Mo alloy decreased approximately 30% for a fission density of 2.88 × 1021 fissions cm-3 and approximately 45% for a fission density of 4.08 × 1021 fissions cm-3 from unirradiated values at 200 oC. An empirical thermal conductivity degradation model developed previously and summarized here agrees well with the experimental measurements.

  13. Assessing the Effect of Fuel Burnup on Control Rod Worth for HEU and LEU Cores of Gharr-1

    Directory of Open Access Journals (Sweden)

    E.K. Boafo

    2013-02-01

    Full Text Available An important parameter in the design and analysis of a nuclear reactor is the reactivity worth of the control rod which is a measure of the efficiency of the control rod to absorb excess reactivity. During reactor operation, the control rod worth is affected by factors such as the fuel burnup, Xenon concentration, Samarium concentration and the position of the control rod in the core. This study investigates the effect of fuel burnup on the control rod worth by comparing results of a fresh and an irradiated core of Ghana's Miniature Neutron Source Reactor for both HEU and LEU cores. In this study, two codes have been utilized namely BURNPRO for fuel burnup calculation and MCNP5 which uses densities of actinides of the irradiated fuel obtained from BURNPRO. Results showed a decrease of the control rod worth with burnup for the LEU while rod worth increased with burnup for the HEU core. The average thermal flux in both inner and outer irradiation sites also decreased significantly with burnup for both cores.

  14. S∧4 Reactor: Operating Lifetime and Estimates of Temperature and Burnup Reactivity Coefficients

    Science.gov (United States)

    King, Jeffrey C.; El-Genk, Mohamed S.

    2006-01-01

    The S∧4 reactor has a sectored, Mo-14%Re solid core for avoidance of single point failures in reactor cooling and Closed Brayton Cycle (CBC) energy conversion. The reactor is loaded with UN fuel, cooled with a He-Xe gas mixture at ~1200 K and operates at steady thermal power of 550 kW. Following a launch abort accident, the axial and radial BeO reflectors easily disassemble upon impact so that the bare reactor is subcriticial when submerged in wet sand or seawater and the core voids are filled with seawater. Spectral Shift Absorber (SSA) additives have been shown to increase the UN fuel enrichment and significantly reduce the total mass of the reactor. This paper investigates the effects of SSA additions on the temperature and burnup reactivity coefficients and the operational lifetime of the S∧4 reactor. SSAs slightly decrease the temperature reactivity feedback coefficient, but significantly increase the operating lifetime by decreasing the burnup reactivity coefficient. With no SSAs, fuel enrichment is only 58.5 wt% and the estimated operating lifetime is the shortest (7.6 years) with the highest temperature and burnup reactivity feedback coefficients (-0.2709 ¢/K and -1.3470 $/atom%). With europium-151 and gadolinium-155 additions, the enrichment (91.5 and 94 wt%) and operating lifetime (9.9 and 9.8 years) of the S∧4 reactor are the highest while the temperature and burnup reactivity coefficients (-0.2382 and -0.2447 ¢/K -0.9073 and 0.8502 $/atom%) are the lowest.

  15. Analysis of the effect of UO{sub 2} high burnup microstructure on fission gas release

    Energy Technology Data Exchange (ETDEWEB)

    Jernkvist, Lars Olof; Massih, Ali [Quantum Technologies AB, Uppsala Science Park (Sweden)

    2002-10-01

    This report deals with high-burnup phenomena with relevance to fission gas release from UO{sub 2} nuclear fuel. In particular, we study how the fission gas release is affected by local buildup of fissile plutonium isotopes and fission products at the fuel pellet periphery, with subsequent formation of a characteristic high-burnup rim zone micro-structure. An important aspect of these high-burnup effects is the degradation of fuel thermal conductivity, for which prevalent models are analysed and compared with respect to their theoretical bases and supporting experimental data. Moreover, the Halden IFA-429/519.9 high-burnup experiment is analysed by use of the FRAPCON3 computer code, into which modified and extended models for fission gas release are introduced. These models account for the change in Xe/Kr-ratio of produced and released fission gas with respect to time and space. In addition, several alternative correlations for fuel thermal conductivity are implemented, and their impact on calculated fission gas release is studied. The calculated fission gas release fraction in IFA-429/519.9 strongly depends on what correlation is used for the fuel thermal conductivity, since thermal release dominates over athermal release in this particular experiment. The conducted calculations show that athermal release processes account for less than 10% of the total gas release. However, athermal release from the fuel pellet rim zone is presumably underestimated by our models. This conclusion is corroborated by comparisons between measured and calculated Xe/Kr-ratios of the released fission gas.

  16. Angra 1 high burnup fuel behaviour under reactivity initiated accident conditions

    Energy Technology Data Exchange (ETDEWEB)

    Gomes, Daniel de Souza; Silva, Antonio Teixeira e, E-mail: dsgomes@ipen.b, E-mail: teixeira@ipen.b [Instituto de Pesquisas Energeticas e Nucleares (IPEN/CNEN-SP), Sao Paulo, SP (Brazil)

    2011-07-01

    The 16x16 NGF (Next Generation Fuel) fuel assembly, comprising of highly corrosive-resistant ZIRLO clad fuel rods, been replacing the current 16x16 Standard (16STD) fuel assembly in the Angra 1, a pressurized water reactor, with a net output of 626 MWe. The 16x16 NGF fuel assemblies are designed for a peak rod average burnup of up to 75 GWd/MTU, thus improving fuel utilization and reducing spent fuel storage issues. A design basis accident, the Reactivity Initiated Accident (RIA), became a concern for a further increase in burnup as the simulated RIA tests revealed a lower enthalpy threshold for fuel failure. Two fuel performance codes, FRAPCON and FRAPTRAN, were used to predict high burnup behavior of Angra 1, during an RIA. The maximum average linear fuel rating used was 17.62 KW/m. The FRAPCON 3.4 code was applied to simulate the steady-state performance of the 16 NGF fuel rods up to a burnup of 55 GWd/MTU. With FRAPTRAN-1.4 the fuel behavior was simulated for an RIA power pulse of 4.5 ms (FHWH), and enthalpy peak of 130 Cal/g. With FRAPCON-3.4, the corrosion and hydrogen pickup characteristics of the advanced ZIRLO clad fuel rods were added to the code by modifying the actual corrosion model for Zircaloy-4 through the multiplication of empirical factors, which were appropriate to each alloy, and by means of reducing the current hydrogen pickup fraction. (author)

  17. Irradiation performance of PFBR MOX fuel after 112 GWd/t burn-up

    Science.gov (United States)

    Venkiteswaran, C. N.; Jayaraj, V. V.; Ojha, B. K.; Anandaraj, V.; Padalakshmi, M.; Vinodkumar, S.; Karthik, V.; Vijaykumar, Ran; Vijayaraghavan, A.; Divakar, R.; Johny, T.; Joseph, Jojo; Thirunavakkarasu, S.; Saravanan, T.; Philip, John; Rao, B. P. C.; Kasiviswanathan, K. V.; Jayakumar, T.

    2014-06-01

    The 500 MWe Prototype Fast Breeder Reactor (PFBR) which is in advanced stage of construction at Kalpakkam, India, will use mixed oxide (MOX) fuel with a target burnup of 100 GWd/t. The fuel pellet is of annular design to enable operation at a peak linear power of 450 W/cm with the requirement of minimum duration of pre-conditioning. The performance of the MOX fuel and the D9 clad and wrapper material was assessed through Post Irradiation Examinations (PIE) after test irradiation of 37 fuel pin subassembly in Fast Breeder Test Reactor (FBTR) to a burn-up of 112 GWd/t. Fission product distribution, swelling and fuel-clad gap evolution, central hole diameter variation, restructuring, fission gas release and clad wastage due to fuel-clad chemical interaction were evaluated through non-destructive and destructive examinations. The examinations have indicated that the MOX fuel can safely attain the desired target burn-up in PFBR.

  18. Burnup simulations of different fuel grades using the MCNPX Monte Carlo code

    Directory of Open Access Journals (Sweden)

    Asah-Opoku Fiifi

    2014-01-01

    Full Text Available Global energy problems range from the increasing cost of fuel to the unequal distribution of energy resources and the potential climate change resulting from the burning of fossil fuels. A sustainable nuclear energy would augment the current world energy supply and serve as a reliable future energy source. This research focuses on Monte Carlo simulations of pressurized water reactor systems. Three different fuel grades - mixed oxide fuel (MOX, uranium oxide fuel (UOX, and commercially enriched uranium or uranium metal (CEU - are used in this simulation and their impact on the effective multiplication factor (Keff and, hence, criticality and total radioactivity of the reactor core after fuel burnup analyzed. The effect of different clad materials on Keff is also studied. Burnup calculation results indicate a buildup of plutonium isotopes in UOX and CEU, as opposed to a decline in plutonium radioisotopes for MOX fuel burnup time. For MOX fuel, a decrease of 31.9% of the fissile plutonium isotope is observed, while for UOX and CEU, fissile plutonium isotopes increased by 82.3% and 83.8%, respectively. Keff results show zircaloy as a much more effective clad material in comparison to zirconium and stainless steel.

  19. Burn-up characteristics of ADS system utilizing the fuel composition from MOX PWRs spent fuel

    Energy Technology Data Exchange (ETDEWEB)

    Marsodi E-mail: marsodi@batan.go.id; Lasman, K.A.S.; Nishihara, K. E-mail: nishi@omega.tokai.jaeri.go.jp; Osugi, T.; Tsujimoto, K.; Marsongkohadi; Su' ud, Z. E-mail: szaki@fi.itb.ac.id

    2002-12-01

    Burn-up characteristics of accelerator-driven system, ADS has been evaluated utilizing the fuel composition from MOX PWRs spent fuel. The system consists of a high intensity proton beam accelerator, spallation target, and sub-critical reactor core. The liquid lead-bismuth, Pb-Bi, as spallation target, was put in the center of the core region. The general approach was conducted throughout the nitride fuel that allows the utilities to choose the strategy for destroying or minimizing the most dangerous high level wastes in a fast neutron spectrum. The fuel introduced surrounding the target region was the same with the composition of MOX from 33 GWd/t PWRs spent-fuel with 5 year cooling and has been compared with the fuel composition from 45 and 60 GWd/t PWRs spent-fuel with the same cooling time. The basic characteristics of the system such as burn-up reactivity swing, power density, neutron fluxes distribution, and nuclides densities were obtained from the results of the neutronics and burn-up analyses using ATRAS computer code of the Japan Atomic Energy research Institute, JAERI.

  20. Thermal Hydraulic Analysis of 3 MW TRIGA Research Reactor of Bangladesh Considering Different Cycles of Burnup

    Directory of Open Access Journals (Sweden)

    M.H. Altaf

    2014-12-01

    Full Text Available Burnup dependent steady state thermal hydraulic analysis of TRIGA Mark-II research reactor has been carried out utilizing coupled point kinetics, neutronics and thermal hydraulics code EUREKA-2/RR. From the previous calculations of neutronics parameters including percentage burnup of individual fuel elements performed so far for 700 MWD burnt core of TRIGA reactor showed that the fuel rod predicted as hottest at the beginning of cycle (fresh core was found to remain as the hottest until 200 MWD of burn, but, with the progress of core burn, the hottest rod was found to be shifted and another rod in the core became the hottest. The present study intends to evaluate the thermal hydraulic parameters of these hottest fuel rods at different cycles of burnup, from beginning to 700 MWD core burnt considering reactor operates under steady state condition. Peak fuel centerline temperature, maximum cladding and coolant temperatures of the hottest channels were calculated. It revealed that maximum temperature reported for fuel clad and fuel centerline found to lie below their melting points which indicate that there is no chance of burnout on the fuel cladding surface and no blister in the fuel meat throughout the considered cycles of core burnt.

  1. Oxygen potential in the rim region of high burnup UO 2 fuel

    Science.gov (United States)

    Matzke, Hj.

    1994-01-01

    Small specimens from the rim region (fuel surface) of a UO 2 fuel rod with an average burnup of 7.6% FIMA were analysed in a miniaturized galvanic cell to determine their oxygen potential Δ Ḡ(O 2) . These fuel pieces represented the porous rim structure with very small grains known to be formed near the periphery of high burnup UO 2 fuel pellets. The oxygen potential of the rim material was very low, corresponding to that of unirradiated stoichiometric UO 2, or to that of slightly substoichiometric UO 2 containing rare earth fission products. No indication of oxidation due to fission was found, though most fission was that of Pu. Measurements on pieces from the inner, unrestructured fuel showed somewhat higher oxygen potentials corresponding to those of very slightly substoichiometric fuel if allowance is made for the incorporation of rare earths. These results are in contrast to some generally accepted ideas of burnup effects, and the possible reasons and implications are discussed.

  2. CREDIT RISK. DETERMINATION MODELS

    Directory of Open Access Journals (Sweden)

    MIHAELA GRUIESCU

    2012-01-01

    Full Text Available The internationalization of financial flows and banking and the rapid development of markets have changed the financial sector, causing him to respond with force and imagination. Under these conditions, the concerns of financial and banking institutions, rating institutions are increasingly turning to find the best solutions to hedge risks and maximize profits. This paper aims to present a number of advantages, but also limits the Merton model, the first structural model for modeling credit risk. Also, some are extensions of the model, some empirical research and performance known, others such as state-dependent models (SDM, which together with the liquidation process models (LPM, are two recent efforts in the structural models, show different phenomena in real life.

  3. Credit Rationing Effects of Credit Value-at-Risk

    OpenAIRE

    Slijkerman, J.F.; Smant, David; Vries, Casper

    2004-01-01

    textabstractBanks provide risky loans to firms which have superior information regarding the quality of their projects. Due to asymmetric information the banks face the risk of adverse selection. Credit Value-at-Risk (CVaR) regulation counters the problem of low quality, i.e. high risk, loans and therefore reduces the risk of the bank loan portfolio. However, CVaR regulation distorts the operation of credit markets. We show that a binding CVaR constraint introduces credit rationing and lowers...

  4. AGRIBUSINESS TRADE CREDIT -- A PARADOX

    OpenAIRE

    Gustafson, Cole R.

    2004-01-01

    This article utilizes the Survey of Small Business Finances to compare and contrast trade credit practices of rural small business firms. The results show that these firms borrow money and then re-lend it to others in the form of trade credit. There is a strong direct relationship between various forms of debt held by these firms and their level of accounts receivable (e.g., trade credit extended to customers). The actual level of re-lending varied among firms depending on their adoption leve...

  5. 10 CFR 490.505 - Credit accounts.

    Science.gov (United States)

    2010-01-01

    ... OF ENERGY ENERGY CONSERVATION ALTERNATIVE FUEL TRANSPORTATION PROGRAM Alternative Fueled Vehicle Credit Program § 490.505 Credit accounts. (a) DOE shall establish a credit account for each fleet or covered person who obtains an alternative fueled vehicle credit. (b) DOE shall send to each fleet...

  6. 10 CFR 490.503 - Credit allocation.

    Science.gov (United States)

    2010-01-01

    ... 10 Energy 3 2010-01-01 2010-01-01 false Credit allocation. 490.503 Section 490.503 Energy DEPARTMENT OF ENERGY ENERGY CONSERVATION ALTERNATIVE FUEL TRANSPORTATION PROGRAM Alternative Fueled Vehicle Credit Program § 490.503 Credit allocation. (a) Based on annual credit activity report information,...

  7. 12 CFR 561.12 - Consumer credit.

    Science.gov (United States)

    2010-01-01

    ... 12 Banks and Banking 5 2010-01-01 2010-01-01 false Consumer credit. 561.12 Section 561.12 Banks... AFFECTING ALL SAVINGS ASSOCIATIONS § 561.12 Consumer credit. The term consumer credit means credit extended... real estate and chattel liens secured by mobile homes and leases of personal property to consumers...

  8. Trade credit: Elusive insurance of firm growth

    NARCIS (Netherlands)

    Bams, Dennis; Bos, Jaap; Pisa, Magdalena

    2016-01-01

    Firms depend heavily on trade credit. This paper introduces a trade credit network into a structural model of the economy. In an empirical analysis of the model, we find that trade credit is an elusive insurance: as long as a firm is financially unconstrained and times are good, more trade credit en

  9. Credit Scores, Race, and Residential Sorting

    Science.gov (United States)

    Nelson, Ashlyn Aiko

    2010-01-01

    Credit scores have a profound impact on home purchasing power and mortgage pricing, yet little is known about how credit scores influence households' residential location decisions. This study estimates the effects of credit scores on residential sorting behavior using a novel mortgage industry data set combining household demographic, credit, and…

  10. 个人信用评分的主要模型与方法综述%Consumer credit scoring model:a survey

    Institute of Scientific and Technical Information of China (English)

    石庆焱; 靳云汇

    2003-01-01

    Credit scoring is one of important tools that help financial institutions decide whether or not to grantcredit to applicants. Statistical and operational research based techniques used in credit scoring are sur-veyed in this paper.

  11. 12 CFR 614.4352 - Farm Credit Banks and agricultural credit banks.

    Science.gov (United States)

    2010-01-01

    ... 12 Banks and Banking 6 2010-01-01 2010-01-01 false Farm Credit Banks and agricultural credit banks. 614.4352 Section 614.4352 Banks and Banking FARM CREDIT ADMINISTRATION FARM CREDIT SYSTEM LOAN POLICIES AND OPERATIONS Lending and Leasing Limits § 614.4352 Farm Credit Banks and agricultural...

  12. Creation of Carbon Credits by Water Saving

    Directory of Open Access Journals (Sweden)

    Yasutoshi Shimizu

    2012-07-01

    Full Text Available Until now, as a way of reducing greenhouse gas emissions from Japanese homes, the emphasis has been on reduction of energy consumption for air-conditioning and lighting. In recent years, there has been progress in CO2 emission reduction through research into the water-saving performance of bathroom fixtures such as toilets and showers. Simulations have shown that CO2 emissions associated with water consumption in Japanese homes can be reduced by 25% (1% of Japan’s total CO2 emissions by 2020 through the adoption of the use of water-saving fixtures. In response to this finding, a program to promote the replacement of current fixtures with water-saving toilet bowls and thermally insulated bathtubs has been added to the Government of Japan’s energy-saving policy. Furthermore, CO2 emission reduction through widespread use of water-saving fixtures has been adopted by the domestic credit system promoted by the Government of Japan as a way of achieving CO2 emission-reduction targets; application of this credit system has also begun. As part of a bilateral offset credit mechanism promoted by the Government of Japan, research to evaluate the CO2 reduction potential of the adoption of water-saving fixtures has been done in the city of Dalian, in China.

  13. PECULIARITIES OF CREDITING IN A MARKET OF RETAIL BANKING SERVICES

    Directory of Open Access Journals (Sweden)

    A. N. Kharchenko

    2014-09-01

    Full Text Available A purpose of the article is to define a sense of a concept of “retail banking crediting” on the basis of determination of the peculiarities of crediting in the market of retail banking services.  Methods. The methods of synthesis, induction, deduction, and analogy are used in the process of research.  Results. Approaches of scholars regarding the peculiarities of provision of retail banking services are systematized. Types of consumers of the retail services are considered. The author determined that individuals and legal entities of the small and medium business are among such consumers. Together with other peculiarities of the retail banking crediting the author emphasized the peculiarities such as a mass character of provision, the standardization of a credit product, a monetary form, an inconsiderable amount of credit, the voluntary explanation of a purpose of crediting, and the development of distribution channels. Taking into account the mentioned above, the author proposed the own definition of the sense of the concept of “retail banking crediting”.     An area of result application. The results of research may be applied in the activity of banks in the process of organization and improvement of the retail banking crediting.

  14. Armenia - Water to Market Credit

    Data.gov (United States)

    Millennium Challenge Corporation — The analysis of WtM credit used baseline and final follow-up Farming Practices Survey (FPS) data to summarize beneficiary and loan characteristics, as well as to...

  15. Essays on credit default swaps

    OpenAIRE

    Guo, Biao

    2013-01-01

    This thesis is structured to research on a financial derivative asset known as a credit default swap (CDS). A CDS is a contract in which the buyer of protection makes a series of payments (often referred to as CDS spreads) to the protection seller and, in exchange, receives a payoff if a default event occurs. A default event can be defined in several ways, including failure to pay, restructuring or rescheduling of debt, credit event repudiation, moratorium and acceleration. The main motiv...

  16. Enhancement of transparency and accuracy of credit scoring models through genetic fuzzy classifier

    Directory of Open Access Journals (Sweden)

    Raja N. Ainon

    2010-04-01

    Full Text Available Credit risk evaluation systems play an important role in the financial decision-making by enabling faster credit decisions, reducing the cost of credit analysis and diminishing possible risks. Credit scoring is the most commonly used technique for evaluating the creditworthiness of the credit applicants. The credit models built with this technique should satisfy two important criteria, namely accuracy, which measures the capability of predicting the behaviour of the customers, and transparency, which reflects the ability of the model to describe the input-output relation in an understandable way. In our paper, two credit scoring models are proposed using two types of fuzzy systems, namely Takagi-Sugeno (TS and Mamdani types. The accuracy and transparency of these two models have been optimised. The TS fuzzy credit scoring model is generated using subtractive clustering method while the Mamdani fuzzy system is extracted using fuzzy C-means clustering algorithm. The accuracy and transparency of the two resulting fuzzy credit scoring models are optimised using two multi-objective evolutionary techniques. The potential of the proposed modelling approaches for enhancing the transparency of the credit scoring models while maintaining the classification accuracy is illustrated using two benchmark real world data sets. The TS fuzzy system is found to be highly accurate and computationally efficient while the Mamdani fuzzy system is highly transparent, intuitive and humanly understandable.

  17. A user credit assessment model based on clustering ensemble for broadband network new media service supervision

    Science.gov (United States)

    Liu, Fang; Cao, San-xing; Lu, Rui

    2012-04-01

    This paper proposes a user credit assessment model based on clustering ensemble aiming to solve the problem that users illegally spread pirated and pornographic media contents within the user self-service oriented broadband network new media platforms. Its idea is to do the new media user credit assessment by establishing indices system based on user credit behaviors, and the illegal users could be found according to the credit assessment results, thus to curb the bad videos and audios transmitted on the network. The user credit assessment model based on clustering ensemble proposed by this paper which integrates the advantages that swarm intelligence clustering is suitable for user credit behavior analysis and K-means clustering could eliminate the scattered users existed in the result of swarm intelligence clustering, thus to realize all the users' credit classification automatically. The model's effective verification experiments are accomplished which are based on standard credit application dataset in UCI machine learning repository, and the statistical results of a comparative experiment with a single model of swarm intelligence clustering indicates this clustering ensemble model has a stronger creditworthiness distinguishing ability, especially in the aspect of predicting to find user clusters with the best credit and worst credit, which will facilitate the operators to take incentive measures or punitive measures accurately. Besides, compared with the experimental results of Logistic regression based model under the same conditions, this clustering ensemble model is robustness and has better prediction accuracy.

  18. Cause Analysis of "Non-agricultural Trend" of Credit Cooperatives and Reversion Approaches

    Institute of Scientific and Technical Information of China (English)

    Qingwu; CUI

    2013-01-01

    "Non-agricultural trend" of credit cooperatives is demonstrated as outflow of substantial contribution, application of credit fund in "non-agricultural sectors" and downsizing outlets. As a result, rural financial exclusion and insufficient effective supply of rural finance have been aggravated, and most rural households have been excluded from the service range of credit cooperatives. Major causes for such a trend were summarized as: (a) profit-driven nature of credit cooperatives; (b) conditionality of "agriculture, rural area and peasant" economy; (c) influence of macro-environment. It is proposed that credit cooperatives would only revert their focus to "agriculture, rural area and peasant" economy only if rural financial exclusion and economic restrictions on the development of credit cooperatives were removed, and the macro-environment was optimized.

  19. Credit Risk Modelling and Implementation of Credit Risk Models in China

    OpenAIRE

    Yu, Mengxiao

    2007-01-01

    Credit risk, or the risk of counterparty default, is an important factor in the valuation and risk management of financial assets. It has become increasingly important to financial institutions. A variety of credit risk models have been developed to measure credit risk. They are J.P. Morgan's CreditMetrics; KMV's PortfolioManager based on Merton (1974) option pricing model; macroeconomic model CreditPortfolio View developed by McKinsey; CSFB's Credit Risk+ Model based on actuarial science fra...

  20. Burnup concept for a long-life fast reactor core using MCNPX.

    Energy Technology Data Exchange (ETDEWEB)

    Holschuh, Thomas Vernon,; Lewis, Tom Goslee,; Parma, Edward J.,

    2013-02-01

    This report describes a reactor design with a burnup concept for a long-life fast reactor core that was evaluated using Monte Carlo N-Particle eXtended (MCNPX). The current trend in advanced reactor design is the concept of a small modular reactor (SMR). However, very few of the SMR designs attempt to substantially increase the lifetime of a reactor core, especially without zone loading, fuel reshuffling, or other artificial mechanisms in the core that %E2%80%9Cflatten%E2%80%9D the power profile, including non-uniform cooling, non-uniform moderation, or strategic poison placement. Historically, the limitations of computing capabilities have prevented acceptable margins in the temporal component of the spatial excess reactivity in a reactor design, due primarily to the error in burnup calculations. This research was performed as an initial scoping analysis into the concept of a long-life fast reactor. It can be shown that a long-life fast reactor concept can be modeled using MCNPX to predict burnup and neutronics behavior. The inherent characteristic of this conceptual design is to minimize the change in reactivity over the lifetime of the reactor. This allows the reactor to operate substantially longer at full power than traditional Light Water Reactors (LWRs) or other SMR designs. For the purpose of this study, a single core design was investigated: a relatively small reactor core, yielding a medium amount of power (~200 to 400 MWth). The results of this scoping analysis were successful in providing a preliminary reactor design involving metal U-235/U-238 fuel with HT-9 fuel cladding and sodium coolant at a 20% volume fraction.

  1. Spent fuel dissolution rates as a function of burnup and water chemistry

    Energy Technology Data Exchange (ETDEWEB)

    Gray, W.J.

    1998-06-01

    To help provide a source term for performance-assessment calculations, dissolution studies on light-water-reactor (LWR) spent fuel have been conducted over the past few years at Pacific Northwest National Laboratory in support of the Yucca Mountain Site Characterization Project. This report describes that work for fiscal years 1996 through mid-1998 and includes summaries of some results from previous years for completeness. The following conclusions were based on the results of various flowthrough dissolution rate tests and on tests designed to measure the inventories of {sup 129}I located within the fuel/cladding gap region of different spent fuels: (1) Spent fuels with burnups in the range 30 to 50 MWd/kgM all dissolved at about the same rate over the conditions tested. To help determine whether the lack of burnup dependence extends to higher and lower values, tests are in progress or planned for spent fuels with burnups of 13 and {approximately} 65 MWd/kgM. (2) Oxidation of spent fuel up to the U{sub 4}O{sub 9+x} stage does not have a large effect on intrinsic dissolution rates. However, this degree of oxidation could increase the dissolution rates of relatively intact fuel by opening the grain boundaries, thereby increasing the effective surface area that is available for contact by water. From a disposal viewpoint, this is a potentially more important consideration than the effect on intrinsic rates. (3) The gap inventories of {sup 129}I were found to be smaller than the fission gas release (FGR) for the same fuel rod with the exception of the rod with the highest FGR. Several additional fuels would have to be tested to determine whether a generalized relationship exists between FGR and {sup 129}I gap inventory for US LWR fuels.

  2. 77 FR 72712 - Identity Theft Red Flags and Address Discrepancies Under the Fair and Accurate Credit...

    Science.gov (United States)

    2012-12-06

    ... regulations applicable to the entities subject to its jurisdiction to clarify that the definition of... definition of ``creditor.'' C. Furnishing Information to Credit Reporting Agencies A creditor will be covered... 615 of the Fair Credit Reporting Act (FCRA), to implement the Red Flag Program Clarification Act...

  3. 76 FR 44800 - Election of Reduced Research Credit Under Section 280C(c)(3)

    Science.gov (United States)

    2011-07-27

    ... [TD 9539] RIN 1545-BI09 Election of Reduced Research Credit Under Section 280C(c)(3) AGENCY: Internal... dates of applicability, see Sec. 1.280C- 4(c). FOR FURTHER INFORMATION CONTACT: David Selig, (202) 622... research credit under section 280C(c)(3). On July 16, 2009, a notice of proposed rulemaking...

  4. Thermodynamic analysis for high burn-up fuel internal chemistry. 2

    Energy Technology Data Exchange (ETDEWEB)

    Fuji, Kensho; Kyoh, Bunkei [Kinki Univ., Higashi-Osaka, Osaka (Japan)

    1998-09-01

    Thermodynamic calculations with the computer program SOLGASMIX-PV have been performed for the chemical states expected in irradiated fast breeder reactor (FBR) fuels containing transuranium (TRU) elements. The analysis shows that A (alkali and alkaline-earth)-molybdates exist, but neither A-uranates nor A-zirconates are formed in FBR fuel pellets irradiated to high burn-up. And increase of oxygen potential in irradiated FBR fuel is ascribed to growing amount of rare earth, noble metal and TRU elements. (author)

  5. Effects of Lower Drying-Storage Temperature on the Ductility of High-Burnup PWR Cladding

    Energy Technology Data Exchange (ETDEWEB)

    Billone, M. C. [Argonne National Lab. (ANL), Argonne, IL (United States); Burtseva, T. A. [Argonne National Lab. (ANL), Argonne, IL (United States)

    2016-08-30

    The purpose of this research effort is to determine the effects of canister and/or cask drying and storage on radial hydride precipitation in, and potential embrittlement of, high-burnup (HBU) pressurized water reactor (PWR) cladding alloys during cooling for a range of peak drying-storage temperatures (PCT) and hoop stresses. Extensive precipitation of radial hydrides could lower the failure hoop stresses and strains, relative to limits established for as-irradiated cladding from discharged fuel rods stored in pools, at temperatures below the ductile-to-brittle transition temperature (DBTT).

  6. Lending and Credit Monitoring Principles

    Directory of Open Access Journals (Sweden)

    Viorica IOAN

    2012-11-01

    Full Text Available The results of a bank’s activities depend to a significant extent on the quality of the credit portfolio that it holds, as well as on the credit tracking and control system. The purpose and functioning of such inter-banking systems differs from one bank to another. Loans require an increasingly efficient type of internal surveillance of activity. Following the clients’ behavior and performances, as well as their entire activity is a particularly important phase and absolutely necessary in the course of a loan. The purpose of this activity is, generally, that of identifying, as early as possible, of clues about any problems that may appear during the course of the loan, so as to make possible, as early as can be, the taking of remedial measures with a view to anticipate the deterioration of the loan’s debt. An open communication between the bank and the loan’s beneficiary is an essential condition for an efficient tracking program. Another basic element is the rigorous and complete filling out of the credit papers. The credit files are the backbone of the of the loan monitoring process because these contain all of the documents which may offer to the credit officer, accounting expert, as well as other interested parties a permanent, chronological record of the loan relation.

  7. The contribution of financial statements in the granting credit process: a case study of São Paulo city

    Directory of Open Access Journals (Sweden)

    Sergio Roberto da Silva

    2016-12-01

    Full Text Available The granting credit analysis process is important to the development of any country. This research aims to describe the use of financial statement analysis within the context of the financial institutions credit granting process. We propose to identify the relevance of accounting information for credit analysis and how this information influences a final decision. We tried to establish a conclusion of this importance, performing case studies by applying interview with credit professionals from different financial institutions headquartered in São Paulo. The research technique was the semi-structured interview tied to a research protocol. Research reveals that the financial statements represent 70% of the opinion of the credit granting. In addition to the statements the banks are used other tools to grant or not the credit. It follows that the principles of realization of the financial statements must be followed in order to not harm the organizations in any credit application with financial institutions.

  8. A multi-platform linking code for fuel burnup and radiotoxicity analysis

    Science.gov (United States)

    Cunha, R.; Pereira, C.; Veloso, M. A. F.; Cardoso, F.; Costa, A. L.

    2014-02-01

    A linking code between ORIGEN2.1 and MCNP has been developed at the Departamento de Engenharia Nuclear/UFMG to calculate coupled neutronic/isotopic results for nuclear systems and to produce a large number of criticality, burnup and radiotoxicity results. In its previous version, it evaluated the isotopic composition evolution in a Heat Pipe Power System model as well as the radiotoxicity and radioactivity during lifetime cycles. In the new version, the code presents features such as multi-platform execution and automatic results analysis. Improvements made in the code allow it to perform simulations in a simpler and faster way without compromising accuracy. Initially, the code generates a new input for MCNP based on the decisions of the user. After that, MCNP is run and data, such as recoverable energy per prompt fission neutron, reaction rates and keff, are automatically extracted from the output and used to calculate neutron flux and cross sections. These data are then used to construct new ORIGEN inputs, one for each cell in the core. Each new input is run on ORIGEN and generates outputs that represent the complete isotopic composition of the core on that time step. The results show good agreement between GB (Coupled Neutronic/Isotopic code) and Monteburns (Automated, Multi-Step Monte Carlo Burnup Code System), developed by the Los Alamos National Laboratory.

  9. Tritium Burn-up Depth and Tritium Break-Even Time

    Institute of Scientific and Technical Information of China (English)

    LI Cheng-Yue; DENG Bai-Quan; HUANG Jin-Hua; YAN Jian-Cheng

    2006-01-01

    @@ Similarly to but quite different from the xenon poisoning effects resulting from fission-produced iodine during the restart-up process of a fission reactor, we introduce a completely new concept of the tritium burn-up depth and tritium break-even time in the fusion energy research area. To show what the least required amount of tritium storage is used to start up a fusion reactor and how long a time the fusion reactor needs to be operated for achieving the tritium break-even during the initial start-up phase due to the finite tritium breeding time that is dependent on the tritium breeder, specific structure of breeding zone, layout of coolant flow pipe, tritium recovery scheme, extraction process, the tritium retention of reactor components, unrecoverable tritium fraction in breeder, leakage to the inertial gas container, and the natural decay etc., we describe this new phenomenon and answer this problem by setting up and by solving a set of equations, which express a dynamic subsystem model of the tritium inventory evolution in a fusion experimental breeder (FEB). It is found that the tritium burn-up depth is 317g and the tritium break-even time is approximately 240 full power days for FEB designed detail configuration and it is also found that after one-year operation, the tritium storage reaches 1.18kg that is more than theleast required amount of tritium storage to start up three of FEB-like fusion reactors.

  10. Fuel burnup analysis for IRIS reactor using MCNPX and WIMS-D5 codes

    Science.gov (United States)

    Amin, E. A.; Bashter, I. I.; Hassan, Nabil M.; Mustafa, S. S.

    2017-02-01

    International Reactor Innovative and Secure (IRIS) reactor is a compact power reactor designed with especial features. It contains Integral Fuel Burnable Absorber (IFBA). The core is heterogeneous both axially and radially. This work provides the full core burn up analysis for IRIS reactor using MCNPX and WIMDS-D5 codes. Criticality calculations, radial and axial power distributions and nuclear peaking factor at the different stages of burnup were studied. Effective multiplication factor values for the core were estimated by coupling MCNPX code with WIMS-D5 code and compared with SAS2H/KENO-V code values at different stages of burnup. The two calculation codes show good agreement and correlation. The values of radial and axial powers for the full core were also compared with published results given by SAS2H/KENO-V code (at the beginning and end of reactor operation). The behavior of both radial and axial power distribution is quiet similar to the other data published by SAS2H/KENO-V code. The peaking factor values estimated in the present work are close to its values calculated by SAS2H/KENO-V code.

  11. EBSD and TEM characterization of high burn-up mixed oxide fuel

    Science.gov (United States)

    Teague, Melissa; Gorman, Brian; Miller, Brandon; King, Jeffrey

    2014-01-01

    Understanding and studying the irradiation behavior of high burn-up oxide fuel is critical to licensing of future fast breeder reactors. Advancements in experimental techniques and equipment are allowing for new insights into previously irradiated samples. In this work dual column focused ion beam (FIB)/scanning electron microscope (SEM) was utilized to prepared transmission electron microscope samples from mixed oxide fuel with a burn-up of 6.7% FIMA. Utilizing the FIB/SEM for preparation resulted in samples with a dose rate of <0.5 mRem/h compared to ∼1.1 R/h for a traditionally prepared TEM sample. The TEM analysis showed that the sample taken from the cooler rim region of the fuel pellet had ∼2.5× higher dislocation density than that of the sample taken from the mid-radius due to the lower irradiation temperature of the rim. The dual column FIB/SEM was additionally used to prepared and serially slice ∼25 μm cubes. High quality electron back scatter diffraction (EBSD) were collected from the face at each step, showing, for the first time, the ability to obtain EBSD data from high activity irradiated fuel.

  12. Evaluation of the HTTR criticality and burnup calculations with continuous-energy and multigroup cross sections

    Energy Technology Data Exchange (ETDEWEB)

    Chiang, Min-Han; Wang, Jui-Yu [Institute of Nuclear Engineering and Science, National Tsing Hua University, 101, Section 2, Kung-Fu Road, Hsinchu 30013, Taiwan (China); Sheu, Rong-Jiun, E-mail: rjsheu@mx.nthu.edu.tw [Institute of Nuclear Engineering and Science, National Tsing Hua University, 101, Section 2, Kung-Fu Road, Hsinchu 30013, Taiwan (China); Department of Engineering System and Science, National Tsing Hua University, 101, Section 2, Kung-Fu Road, Hsinchu 30013, Taiwan (China); Liu, Yen-Wan Hsueh [Institute of Nuclear Engineering and Science, National Tsing Hua University, 101, Section 2, Kung-Fu Road, Hsinchu 30013, Taiwan (China); Department of Engineering System and Science, National Tsing Hua University, 101, Section 2, Kung-Fu Road, Hsinchu 30013, Taiwan (China)

    2014-05-01

    The High Temperature Engineering Test Reactor (HTTR) in Japan is a helium-cooled graphite-moderated reactor designed and operated for the future development of high-temperature gas-cooled reactors. Two detailed full-core models of HTTR have been established by using SCALE6 and MCNP5/X, respectively, to study its neutronic properties. Several benchmark problems were repeated first to validate the calculation models. Careful code-to-code comparisons were made to ensure that two calculation models are both correct and equivalent. Compared with experimental data, the two models show a consistent bias of approximately 20–30 mk overestimation in effective multiplication factor for a wide range of core states. Most of the bias could be related to the ENDF/B-VII.0 cross-section library or incomplete modeling of impurities in graphite. After that, a series of systematic analyses was performed to investigate the effects of cross sections on the HTTR criticality and burnup calculations, with special interest in the comparison between continuous-energy and multigroup results. Multigroup calculations in this study were carried out in 238-group structure and adopted the SCALE double-heterogeneity treatment for resonance self-shielding. The results show that multigroup calculations tend to underestimate the system eigenvalue by a constant amount of ∼5 mk compared to their continuous-energy counterparts. Further sensitivity studies suggest the differences between multigroup and continuous-energy results appear to be temperature independent and also insensitive to burnup effects.

  13. Customer Credit Risk Assessment using Artificial Neural Networks

    Directory of Open Access Journals (Sweden)

    Nasser Mohammadi

    2016-03-01

    Full Text Available Since the granting of banking facilities in recent years has faced problems such as customer credit risk and affects the profitability directly, customer credit risk assessment has become imperative for banks and it is used to distinguish good applicants from those who will probably default on repayments. In credit risk assessment, a score is assigned to each customer then by comparing it with the cut-off point score which distinguishes two classes of the applicants, customers are classified into two credit statuses either a good or bad applicant. Regarding good performance and their ability of classification, generalization and learning patterns, Multilayer Perceptron Neural Network model trained using various Back-Propagation (BP algorithms considered in designing an evaluation model in this study. The BP algorithms, Levenberg-Marquardt (LM, Gradient descent, Conjugate gradient, Resilient, BFGS Quasinewton, and One-step secant were utilized. Each of these six networks runs and trains for different numbers of neurons within their hidden layer. Mean squared error (MSE is used as a criterion to specify optimum number of neurons in the hidden layer. The results showed that LM algorithm converges faster to the network and achieves better performance than the other algorithms. At last, by comparing classification performance of neural network with a number of classification algorithms such as Logistic Regression and Decision Tree, the neural network model outperformed the others in customer credit risk assessment. In credit models, because the cost that Type II error rate imposes to the model is too high, therefore, Receiver Operating Characteristic curve is used to find appropriate cut-off point for a model that in addition to high Accuracy, has lower Type II error rate.

  14. Transfer Credit Assessment for B.C. College Transfer Students Admitted to the University of British Columbia in the 1997/98 Session.

    Science.gov (United States)

    Reh-Bosch, Susan; Atkins, Lorraine

    This report assesses the transfer credit process for British Columbia (BC) college transfer applicants to the University of British Columbia (UBC). Results indicate that students are earning on average 49.7 credits from the BC college attended and are being granted an average of 42.2 credits when transferring to UBC. This translated into 84.9% of…

  15. Instant release fraction and matrix release of high burn-up UO2 spent nuclear fuel: Effect of high burn-up structure and leaching solution composition

    Science.gov (United States)

    Serrano-Purroy, D.; Clarens, F.; González-Robles, E.; Glatz, J. P.; Wegen, D. H.; de Pablo, J.; Casas, I.; Giménez, J.; Martínez-Esparza, A.

    2012-08-01

    Two weak points in Performance Assessment (PA) exercises regarding the alteration of Spent Nuclear Fuel (SNF) are the contribution of the so-called Instant Release Fraction (IRF) and the effect of High Burn-Up Structure (HBS). This manuscript focuses on the effect of HBS in matrix (long term) and instant release of a Pressurised Water Reactor (PWR) SNF irradiated in a commercial reactor with a mean Burn-Up (BU) of 60 GWd/tU. In order to study the HBS contribution, two samples from different radial positions have been prepared. One from the centre of the SNF, labelled CORE, and one from the periphery, enriched with HBS and labelled OUT. Static leaching experiments have been carried out with two synthetic leaching solutions: bicarbonate (BIC) and Bentonitic Granitic Groundwater (BGW), and in all cases under oxidising conditions. IRF values have been calculated from the determined Fraction of Inventory in Aqueous Phase (FIAP). In all studied cases, some radionuclides (RN): Rb, Sr and Cs, have shown higher release rates than uranium, especially at the beginning of the experiment, and have been considered as IRF. Redox sensitive RN like Mo and Tc have been found to dissolve slightly faster than uranium and further studies might be needed to confirm if they can also be considered part of the IRF. Most of the remaining studied RN, mainly actinides and lanthanides, have been found to dissolve congruently with the uranium matrix. Finally, Zr, Ru and Rh presented lower release rates than the matrix. Higher matrix release has been determined for CORE than for OUT samples showing that the formation of HBS might have a protective effect against the oxidative corrosion of the SNF. On the contrary, no significant differences have been observed between the two studied leaching solutions (BIC and BGW). Two different IRF contributions have been determined. One corresponding to the fraction of inventory segregated in the external open grain boundaries, directly available to water and

  16. Credit rating dynamics and competition

    DEFF Research Database (Denmark)

    Hirth, Stefan

    2014-01-01

    I analyze the market for credit ratings with competition between more than two rating agencies. How can honest rating behavior be achieved, and under which conditions can a new honest rating agency successfully invade a market with inflating incumbents? My model predicts cyclic dynamics if sophis......I analyze the market for credit ratings with competition between more than two rating agencies. How can honest rating behavior be achieved, and under which conditions can a new honest rating agency successfully invade a market with inflating incumbents? My model predicts cyclic dynamics...

  17. 76 FR 36885 - Regulation B; Equal Credit Opportunity

    Science.gov (United States)

    2011-06-23

    ...-Frank Wall Street Reform and Consumer Protection Act (Dodd-Frank Act or Act), requires that financial institutions collect and report information concerning credit applications made by women- or minority- owned... for ECOA is transferred to the Consumer Financial Protection Bureau (CFPB), which is July 21,...

  18. METHODOLOGY FOR DETERMINING ACCESS TO MICRO ENTERPRISE CREDIT

    Directory of Open Access Journals (Sweden)

    Juliana Mesén Vargas

    2013-07-01

    Full Text Available In this paper, a methodology is developed to identify those characteristics of micro-enterprises and micro-entrepreneurs related to access to commercial credit. This methodology is applied, for illustrative purposes, to a sample of 401 micro-enterprises and micro-entrepreneurs in Costa Rica. Although the main purpose of this paper is to present the methodology rather than commenting on the results of its application, the following results should be highlighted: on average, men have more access to credit, while the levels of education and age have no significant influence on access.

  19. The Research on Ordering Structure of Credit Targets

    Institute of Scientific and Technical Information of China (English)

    ZongfangZhou; XiaowoTang

    2004-01-01

    We put forward the credit targets sequences set and ordering structure of credit targets sequences and the dominance structure in credit targets sequences set. We also give a model to evaluate customer's credit by the deviation.

  20. Credit risk enhancement in a network of interdependent firms

    Science.gov (United States)

    Neu, Peter; Kühn, Reimer

    2004-11-01

    We generalize existing structural models for credit risk to capture the impact of counterparty defaults on economic capital allocated to banks’ loan portfolios. Exploring the analogy to a lattice gas model from physics, correlations between sequential defaults are modeled as due to functionally defined, heterogeneous couplings between mutually dependent counterparties. We show that-already for moderate micro-economic dependencies-counterparty risk results in a fattening of the tails in the portfolio loss distribution. In particular, for stronger mutually supportive relationship between the firms, collective phenomena such as bursts and avalanches of defaults can be observed in the model. In this context, traditional credit risk models are inadequate because they underestimate the required capital buffer. Our model setting is particularly applicable for doing stress analyses of credit risk in loan portfolios.

  1. 12 CFR 615.5172 - Production credit association and agricultural credit association investment in farmers' notes...

    Science.gov (United States)

    2010-01-01

    ... 12 Banks and Banking 6 2010-01-01 2010-01-01 false Production credit association and agricultural credit association investment in farmers' notes given to cooperatives and dealers. 615.5172 Section 615....5172 Production credit association and agricultural credit association investment in farmers'...

  2. CARDHOLDERS' ATTITUDE AND BANK CREDIT CARD USAGE IN MALAYSIA: AN EXPLORATORY STUDY

    Directory of Open Access Journals (Sweden)

    Aizzat Mohd. Nasurdin

    2002-01-01

    Full Text Available The study is aimed at validating attributes that influence the differences in attitudes among active and inactive cardholders. By focusing on relevant attributes that have been identified, it is believed that credit card issuing banks can position themselves effectively via their marketing strategies to activate their existing cardholders' usage rate as well as to attract new active cardholders. Thirteen important attributes were used to measure credit cardholders' attitude. These attributes include acceptance level, credit limit, interest-free repayment period, annual fee, application approval period, ancillary functions, handling of cardholders' complaints, issuing bank image, gift/bonus to new applicants, card design, leaflet to describe the card,and advertising by the issuing bank. Acceptance level, credit limit, interest free repayment period, ancillary functions, handling of cardholders' complaints, bank image, and bank advertising were found to be the most important attributes that influenced cardholders' attitudes in distinguishing active from inactive cardholders. Based on the results of the study, several suggestions are forwarded to credit card issuing banks as a step to stimulate credit cardholders' usage level. Among these are to work closer with various retailers to promote the credit card payment mode, to provide adequate credit limit to cardholders, to extend interest free repayment period from 20 days to 30 days, to implement strategic alliances with firms involved in travelling, entertainment, insurance, and telecommunications and, to advertise more so as to create a brand name for the issuing bank.

  3. Rare Disasters and Credit Market Puzzles

    DEFF Research Database (Denmark)

    Christoffersen, Peter; Du, Du; Elkamhi, Redouane

    to the real economy and not to bond prices can simultaneously explain several key empirical regularities in credit markets. Our model captures the empirical level and volatility of credit spreads, generates a flexible credit risk term structure, and provides a good fit to a century of observed spreads...

  4. 76 FR 24089 - Credit Risk Retention

    Science.gov (United States)

    2011-04-29

    ... Department of Housing and Urban Development 24 CFR Part 267 Credit Risk Retention; Proposed Rule #0;#0..., and HUD (the Agencies) are proposing rules to implement the credit risk retention requirements of... securitizer of asset-backed securities to retain not less than five percent of the credit risk of the...

  5. 78 FR 57927 - Credit Risk Retention

    Science.gov (United States)

    2013-09-20

    ... Part 246 24 CFR Part 267 Credit Risk Retention; Proposed Rule #0;#0;Federal Register / Vol. 78 , No... HOUSING AND URBAN DEVELOPMENT 24 CFR Part 267 RIN 2501-AD53 Credit Risk Retention AGENCY: Office of the... published in the Federal Register on April 29, 2011, and to implement the credit risk retention...

  6. 78 FR 72537 - Credit Union Service Organizations

    Science.gov (United States)

    2013-12-03

    ... significant value to the credit union industry by acting as a collaborative means to share risk, manage costs... mainly to CUSOs engaged in more complex or high-risk activities, such as credit and lending, information... continues to believe that CUSOs present material risks to the credit union industry. Past experience...

  7. 76 FR 34010 - Credit Risk Retention

    Science.gov (United States)

    2011-06-10

    ...-AA43 DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT 24 CFR Part 267 RIN 2501-AD53 Credit Risk Retention... a joint notice of proposed rulemaking for public comment to implement the credit risk retention... Reform and Consumer Protection Act (``Credit Risk NPR'' or ``proposed rule''). Due to the complexity...

  8. Rare Disasters, Credit, and Option Market Puzzles

    DEFF Research Database (Denmark)

    Christoffersen, Peter; Du, Du; Elkamhi, Redouane

    2016-01-01

    calibrated to the real economy can simultaneously explain several key empirical regularities in equity, credit, and options markets. Our model captures the empirical level and volatility of credit spreads, generates a flexible credit risk term structure, and provides a good fit to a century of observed...

  9. Changing Credit Limits, Changing Business Cycles

    DEFF Research Database (Denmark)

    Jensen, Henrik; Ravn, Søren Hove; Santoro, Emiliano

    economies, since credit constraints become non-binding more often. As expansionary shocks may make credit constraints non-binding, while contractionary shocks cannot, recessions become deeper than expansions. The non-monotonic relationship between credit market conditions and macroeconomic fluctuations...

  10. 75 FR 80866 - Credit Rating Standardization Study

    Science.gov (United States)

    2010-12-23

    ... to a new credit rating terminology, or for private contracts and investment management agreements... Act of 2010 on the feasibility and desirability of: Standardizing credit ratings terminology, so that... stress; and standardizing credit rating terminology across asset classes, so that named...

  11. Credit Derivatives and Loan Pricing

    NARCIS (Netherlands)

    Norden, L.; Wagner, W.B.

    2007-01-01

    This paper examines the relationship between the new markets for credit default swaps (CDS) and the pricing of syndicated loans to U.S. corporates. We find that changes in CDS spreads have a significantly positive coefficient and explain about 25% of subsequent monthly changes in aggregate loan spre

  12. Insurability of export credit risks

    NARCIS (Netherlands)

    Alsem, K.J.; Antufjew, J.; Huizingh, K.R.E.; Koning, Ruud H.; Sterken, E.; Woltil, M.

    2003-01-01

    Firms exporting their goods and services abroad face risks that are different from the risks faced by firms who do not engage in international trade. It is common practice to allow the receiving party to pay in instalments. The exporting firm faces credit risk, but as in most countries, Dutch firms

  13. Academic Credit for ESL Classes?

    Science.gov (United States)

    Van Meter, Jean

    1990-01-01

    As a result of the increased demand for English-as-a-Second-Language (ESL) instruction and the concomitant growth of ESL programs, interest has increased in the issue of credit for courses designed to promote English language proficiency sufficient to engage in postsecondary education. Recent national and regional studies have found that a…

  14. Managing Your Credit. The CIRcular: Consumer Information Report 18.

    Science.gov (United States)

    Bank of America NT & SA, San Francisco, CA.

    This report describes principles and techniques for credit management. Topics covered include: (1) methods of determining personal credit limits; (2) ways to keep track of credit use; (3) suggestions for planning credit use; (4) explanations of single-payment charge accounts, revolving credit, installment credit, and consolidation loans; and (5)…

  15. 12 CFR 619.9140 - Farm Credit bank(s).

    Science.gov (United States)

    2010-01-01

    ... 12 Banks and Banking 6 2010-01-01 2010-01-01 false Farm Credit bank(s). 619.9140 Section 619.9140 Banks and Banking FARM CREDIT ADMINISTRATION FARM CREDIT SYSTEM DEFINITIONS § 619.9140 Farm Credit bank(s). Except as otherwise defined, the term Farm Credit bank(s) includes Farm Credit...

  16. Conceptual design study on an upgraded future Monju core (2). Core concept with extended refueling interval and increased fuel burnup

    Energy Technology Data Exchange (ETDEWEB)

    Kinjo, Hidehito; Ishibashi, Jun-ichi; Nishi, Hiroshi [Japan Nuclear Cycle Development Inst., Tsuruga Head Office, International Cooperation and Technology Development Center, Tsuruga, Fukui (Japan); Kageyama, Takeshi [Nuclear Energy System Inc., Tokyo (Japan)

    2003-03-01

    A conceptual design study has been performed at the International Cooperation and Technology Development Center to investigate the feasibility of upgraded future Monju cores with extended refueling intervals of 365efpd/cycle and increased fuel burnup of 150 GWd/t. The goal of this study is to demonstrate the possible contribution of Monju to the improved economy and to efficient utilization, as one of the major facilities for fast neutron irradiation. Two design measures have been mainly taken to improve the core fuel burnup and reactivity control characteristics for the extended operating cycle length of 1 year: (1) The driver fuel pin specification with both increased pin diameter of 7.7mm and increased active core height of about 100cm has been chosen to reduce the burnup reactivity swing, (2) The absorber control rod specification has also been changed to enhance the control rod reactivity worth by increasing {sup 10}B-enrichment and absorber length, and to adequately secure the shutdown reactivity margin. The major core characteristics have been evaluated on the core power distribution, safety parameters such as sodium void reactivity and Doppler effect, thermal hydraulics and reactivity control characteristics. The results show that this core could achieve the targeted core performances of 1-year operating cycle as well as 150GWd/t discharged burnup, without causing any significant drawback on the core characteristics and safety aspects. The upgraded core concepts have, therefore, been confirmed as feasible. (author)

  17. 78 FR 67348 - Invitation for Public Comment on Draft Test Plan for the High Burnup Dry Storage Cask Research...

    Science.gov (United States)

    2013-11-12

    ...: U.S. Department of Energy, C/O Melissa Bates, 1955 Freemont Ave., MS 1235, Idaho Falls, ID 83415..., 1955 Fremont Ave., Attn: Melissa Bates, Idaho Falls, ID, between 8 a.m. and 3:30 p.m. MT, Monday.... Melissa Bates, Contracting Officers Representative, High Burnup Dry Storage Cask Research and...

  18. Kinetic parameters study based on burn-up for improving the performance of research reactor equilibrium core

    Directory of Open Access Journals (Sweden)

    Muhammad Atta

    2014-01-01

    Full Text Available In this study kinetic parameters, effective delayed neutron fraction and prompt neutron generation time have been investigated at different burn-up stages for research reactor's equilibrium core utilizing low enriched uranium high density fuel (U3Si2-Al fuel with 4.8 g/cm3 of uranium. Results have been compared with reference operating core of Pakistan research Reactor-1. It was observed that by increasing fuel burn-up, effective delayed neutron fraction is decreased while prompt neutron generation time is increased. However, over all ratio beff/L is decreased with increasing burn-up. Prompt neutron generation time L in the understudy core is lower than reference operating core of reactor at all burn-up steps due to hard spectrum. It is observed that beff is larger in the understudy core than reference operating core of due to smaller size. Calculations were performed with the help of computer codes WIMSD/4 and CITATION.

  19. 12 CFR 614.4125 - Funding and discount relationships between Farm Credit Banks or agricultural credit banks and...

    Science.gov (United States)

    2010-01-01

    ... and Banking FARM CREDIT ADMINISTRATION FARM CREDIT SYSTEM LOAN POLICIES AND OPERATIONS Bank... available must be recalculated without that ineligible loan. (b) The Farm Credit Bank or agricultural credit... consistent with the Farm Credit Bank's or agricultural credit bank's lending policies and loan...

  20. Design of special purpose database for credit cooperation bank business processing network system

    Science.gov (United States)

    Yu, Yongling; Zong, Sisheng; Shi, Jinfa

    2011-12-01

    With the popularization of e-finance in the city, the construction of e-finance is transfering to the vast rural market, and quickly to develop in depth. Developing the business processing network system suitable for the rural credit cooperative Banks can make business processing conveniently, and have a good application prospect. In this paper, We analyse the necessity of adopting special purpose distributed database in Credit Cooperation Band System, give corresponding distributed database system structure , design the specical purpose database and interface technology . The application in Tongbai Rural Credit Cooperatives has shown that system has better performance and higher efficiency.

  1. A Network Model of Credit Risk Contagion

    Directory of Open Access Journals (Sweden)

    Ting-Qiang Chen

    2012-01-01

    Full Text Available A network model of credit risk contagion is presented, in which the effect of behaviors of credit risk holders and the financial market regulators and the network structure are considered. By introducing the stochastic dominance theory, we discussed, respectively, the effect mechanisms of the degree of individual relationship, individual attitude to credit risk contagion, the individual ability to resist credit risk contagion, the monitoring strength of the financial market regulators, and the network structure on credit risk contagion. Then some derived and proofed propositions were verified through numerical simulations.

  2. Determinants of Financial Sustainability for Farm Credit Applications—A Delphi Study

    Directory of Open Access Journals (Sweden)

    Johannes I. F. Henning

    2016-01-01

    Full Text Available Farmers use credit from commercial credit providers to finance production activities. Commercial credit providers have to predict the financial sustainability of the enterprise to ensure that the borrower will have the ability to repay the loan. A Delphi study was conducted to explore what factors are used as indicators of loan-repayment ability of farmers. The objective was not only to identify factors that are currently considered, but also to identify other personal attributes that may improve the accuracy in predicting the repayment ability of potential borrowers. The Delphi was applied to a panel consisting of nine credit analysts and credit managers from a commercial credit provider in South Africa. The results indicate that the current and past financial performance, account standing, collateral, and credit record of the farm are very important in the assessment of applications in terms of financial performance. Experience and the success factors compared to competitors were found to be important, while age and education/qualification are regarded as less important in predicting repayment ability. The results also show that, although not currently objectively included in credit evaluations, credit analysis regards leadership and human relations; commitment and confidence; internal locus of control; self-efficacy; calculated risk taking; need for achievement; and opportunity seeking as important indicators of the ability of potential borrows to repay their loans. Thus, credit analysts and managers also regard management abilities and entrepreneurial characteristics of potential borrowers to be good indicators of repayment ability. Results from this research provide new indicator factors that can be used to extend existing credit evaluation instruments in order to more accurately predict repayment ability.

  3. Development of burnup dependent fuel rod model in COBRA-TF

    Science.gov (United States)

    Yilmaz, Mine Ozdemir

    The purpose of this research was to develop a burnup dependent fuel thermal conductivity model within Pennsylvania State University, Reactor Dynamics and Fuel Management Group (RDFMG) version of the subchannel thermal-hydraulics code COBRA-TF (CTF). The model takes into account first, the degradation of fuel thermal conductivity with high burnup; and second, the fuel thermal conductivity dependence on the Gadolinium content for both UO2 and MOX fuel rods. The modified Nuclear Fuel Industries (NFI) model for UO2 fuel rods and Duriez/Modified NFI Model for MOX fuel rods were incorporated into CTF and fuel centerline predictions were compared against Halden experimental test data and FRAPCON-3.4 predictions to validate the burnup dependent fuel thermal conductivity model in CTF. Experimental test cases from Halden reactor fuel rods for UO2 fuel rods at Beginning of Life (BOL), through lifetime without Gd2O3 and through lifetime with Gd 2O3 and a MOX fuel rod were simulated with CTF. Since test fuel rod and FRAPCON-3.4 results were based on single rod measurements, CTF was run for a single fuel rod surrounded with a single channel configuration. Input decks for CTF were developed for one fuel rod located at the center of a subchannel (rod-centered subchannel approach). Fuel centerline temperatures predicted by CTF were compared against the measurements from Halden experimental test data and the predictions from FRAPCON-3.4. After implementing the new fuel thermal conductivity model in CTF and validating the model with experimental data, CTF model was applied to steady state and transient calculations. 4x4 PWR fuel bundle configuration from Purdue MOX benchmark was used to apply the new model for steady state and transient calculations. First, one of each high burnup UO2 and MOX fuel rods from 4x4 matrix were selected to carry out single fuel rod calculations and fuel centerline temperatures predicted by CTF/TORT-TD were compared against CTF /TORT-TD /FRAPTRAN

  4. Effects of microstructural constraints on the transport of fission products in uranium dioxide at low burnups

    Science.gov (United States)

    Lim, Harn Chyi; Rudman, Karin; Krishnan, Kapil; McDonald, Robert; Dickerson, Patricia; Gong, Bowen; Peralta, Pedro

    2016-08-01

    Diffusion of fission gases in UO2 is studied at low burnups, before bubble growth and coalescence along grain boundaries (GBs) become dominant, using a 3-D finite element model that incorporates actual UO2 microstructures. Grain boundary diffusivities are assigned based on crystallography with lattice and GB diffusion coupled with temperature to account for temperature gradients. Heterogeneity of GB properties and connectivity can induce regions where concentration is locally higher than without GB diffusion. These regions are produced by "bottlenecks" in the GB network because of lack of connectivity among high diffusivity GBs due to crystallographic constraints, and they can lead to localized swelling. Effective diffusivities were calculated assuming a uniform distribution of high diffusivity among GBs. Results indicate an increase over the bulk diffusivity with a clear grain size effect and that connectivity and properties of different GBs become important factors on the variability of fission product concentration at the microscale.

  5. Propagation of Uncertainty in System Parameters of a LWR Model by Sampling MCNPX Calculations - Burnup Analysis

    Science.gov (United States)

    Campolina, Daniel de A. M.; Lima, Claubia P. B.; Veloso, Maria Auxiliadora F.

    2014-06-01

    For all the physical components that comprise a nuclear system there is an uncertainty. Assessing the impact of uncertainties in the simulation of fissionable material systems is essential for a best estimate calculation that has been replacing the conservative model calculations as the computational power increases. The propagation of uncertainty in a simulation using a Monte Carlo code by sampling the input parameters is recent because of the huge computational effort required. In this work a sample space of MCNPX calculations was used to propagate the uncertainty. The sample size was optimized using the Wilks formula for a 95th percentile and a two-sided statistical tolerance interval of 95%. Uncertainties in input parameters of the reactor considered included geometry dimensions and densities. It was showed the capacity of the sampling-based method for burnup when the calculations sample size is optimized and many parameter uncertainties are investigated together, in the same input.

  6. Burn-Up Determination by High Resolution Gamma Spectrometry: Axial and Diametral Scanning Experiments

    Energy Technology Data Exchange (ETDEWEB)

    Forsyth, R.S.; Blackadder, W.H.; Ronqvist, N.

    1967-02-15

    In the gamma spectrometric determination of burn-up the use of a single fission product as a monitor of the specimen fission rate is subject to errors caused by activity saturation or, in certain cases, fission product migration. Results are presented of experiments in which all the resolvable gamma peaks in the fission product spectrum have been used to calculate the fission rate; these results form a pattern which reflect errors in the literature values of the gamma branching ratios, fission yields etc., and also represent a series of empirical correction factors. Axial and diametral scanning experiments on a long-irradiated low-enrichment fuel element are also described and demonstrate that it is possible to differentiate between fissions in U-235 and in Pu-239 respectively by means of the ratios of the Ru-106 activity to the activities of the other fission products.

  7. Data Mining Techniques to Estimate Plutonium, Initial Enrichment, Burnup, and Cooling Time in Spent Fuel Assemblies

    Energy Technology Data Exchange (ETDEWEB)

    Trellue, Holly Renee [Los Alamos National Lab. (LANL), Los Alamos, NM (United States); Fugate, Michael Lynn [Los Alamos National Lab. (LANL), Los Alamos, NM (United States); Tobin, Stephen Joesph [Los Alamos National Lab. (LANL), Los Alamos, NM (United States)

    2015-03-19

    The Next Generation Safeguards Initiative (NGSI), Office of Nonproliferation and Arms Control (NPAC), National Nuclear Security Administration (NNSA) of the U.S. Department of Energy (DOE) has sponsored a multi-laboratory, university, international partner collaboration to (1) detect replaced or missing pins from spent fuel assemblies (SFA) to confirm item integrity and deter diversion, (2) determine plutonium mass and related plutonium and uranium fissile mass parameters in SFAs, and (3) verify initial enrichment (IE), burnup (BU), and cooling time (CT) of facility declaration for SFAs. A wide variety of nondestructive assay (NDA) techniques were researched to achieve these goals [Veal, 2010 and Humphrey, 2012]. In addition, the project includes two related activities with facility-specific benefits: (1) determination of heat content and (2) determination of reactivity (multiplication). In this research, a subset of 11 integrated NDA techniques was researched using data mining solutions at Los Alamos National Laboratory (LANL) for their ability to achieve the above goals.

  8. Investigation of the fundamental constants stability based on the reactor Oklo burn-up analysis

    CERN Document Server

    Onegin, M S

    2010-01-01

    The burn-up for SC56-1472 sample of the natural Oklo reactor zone 3 was calculated using the modern Monte Carlo codes. We reconstructed the neutron spectrum in the core by means of the isotope ratios: $^{147}$Sm/$^{148}$Sm and $^{176}$Lu/$^{175}$Lu. These ratios unambiguously determine the spectrum index and core temperature. The effective neutron absorption cross section of $^{149}$Sm calculated using this spectrum was compared with experimental one. The disagreement between these two values allows to limit a possible shift of the low laying resonance of $^{149}$Sm even more . Then, these limits were converted to the limits for the change of the fine structure constant $\\alpha$. We found that for the rate of $\\alpha$ change the inequality $|\\delta \\dot{\\alpha}/\\alpha| \\le 5\\cdot 10^{-18}$ is fulfilled, which is of the next higher order than our previous limit.

  9. Investigation of the Fundamental Constants Stability Based on the Reactor Oklo Burn-Up Analysis

    Science.gov (United States)

    Onegin, M. S.; Yudkevich, M. S.; Gomin, E. A.

    2012-12-01

    The burn-up of few samples of the natural Oklo reactor zones 3, 5 was calculated using the modern Monte Carlo code. We reconstructed the neutron spectrum in the core by means of the isotope ratios: 147Sm/148Sm and 176Lu/175Lu. These ratios unambiguously determine the water content and core temperature. The isotope ratio of the 149Sm in the sample calculated using this spectrum was compared with experimental one. The disagreement between these two values allows one to limit a possible shift of the low lying resonance of 149Sm. Then, these limits were converted to the limits for the change of the fine structure constant α. We have found out, that for the rate of α change, the inequality ěrt˙ {α }/α ěrt<= 5× 10-18 is fulfilled, which is one order higher than our previous limit.

  10. Utilizing the burnup capability in MCNPX to perform depletion analysis of an MNSR fuel

    Energy Technology Data Exchange (ETDEWEB)

    Boafo, Emmanuel [Ghana atomic Energy Commission, Accra (Ghana)

    2013-07-01

    The burnup capability in the MCNPX code was utilized to perform fuel depletion analysis of the MNSR LEU core by estimating the amount of fissile material (U-235) consumed as well as the amount of plutonium formed after the reactor core expected life. The decay heat removal rate for the MNSR after reactor shutdown was also investigated due to its significance to reactor safety. The results show that 0.568 % of U-235 was burnt up after 200 days of reactor operation while the amount of plutonium formed was not significant. The study also found that the decay heat decreased exponentially after reactor shutdown confirming that the decay heat will be removed from the system by natural circulation after shut down and hence safety of the reactor is assured.

  11. Triton burnup study using scintillating fiber detector on JT-60U

    Energy Technology Data Exchange (ETDEWEB)

    Harano, Hideki [Japan Atomic Energy Research Inst., Naka, Ibaraki (Japan). Naka Fusion Research Establishment

    1997-09-01

    The DT fusion reactor cannot be realized without knowing how the fusion-produced 3.5 MeV {alpha} particles behave. The {alpha} particles` behavior can be simulated using the 1 MeV triton. To investigate the 1 MeV triton`s behavior, a new type of directional 14 MeV neutron detector, scintillating fiber (Sci-Fi) detector has been developed and installed on JT-60U in the cooperation with LANL as part of a US-Japan collaboration. The most remarkable feature of the Sci-Fi detector is that the plastic scintillating fibers are employed for the neutron sensor head. The Sci-Fi detector measures and extracts the DT neutrons from the fusion radiation field in high time resolution (10 ms) and wide dynamic range (3 decades). Triton burnup analysis code TBURN has been made in order to analyze the time evolution of DT neutron emission rate obtained by the Sci-Fi detector. The TBURN calculations reproduced the measurements fairly well, and the validity of the calculation model that the slowing down of the 1 MeV triton was classical was confirmed. The Sci-Fi detector`s directionality indicated the tendency that the DT neutron emission profile became more and more peaked with the time progress. In this study, in order to examine the effect of the toroidal field ripple on the triton burnup, R{sub p}-scan and n{sub e}-scan experiments have been performed. The R{sub p}-scan experiment indicates that the triton`s transport was increased as the ripple amplitude over the triton became larger. In the n{sub e}-scan experiment, the DT neutron emission showed the characteristic changes after the gas puffing injection. It was theoretically confirmed that the gas puffing was effective for the collisionality scan. (J.P.N.) 127 refs.

  12. High burnup effects on fuel behaviour under accident conditions: the tests CABRI REP-Na

    Science.gov (United States)

    Schmitz, Franz; Papin, Joelle

    A large, performance based, knowledge and experience in the field of nuclear fuel behaviour is available for nominal operation conditions. The database is continuously completed and precursor assembly irradiations are performed for testing of new materials and innovative designs. This procedure produces data and arguments to extend licencing limits in the permanent research for economic competitiveness. A similar effort must be devoted to the establishment of a database for fuel behaviour under off-normal and accident conditions. In particular, special attention must be given to the so-called design-basis-accident (DBA) conditions. Safety criteria are formulated for these situations and must be respected without consideration of the occurrence probability and the risk associated to the accident situation. The introduction of MOX fuel into the cores of light water reactors and the steadily increasing goal burnup of the fuel call for research work, both experimental and analytical, in the field of fuel response to DBA conditions. In 1992, a significant programme step, CABRI REP-Na, has been launched by the French Nuclear Safety and Protection Institute (IPSN) in the field of the reactivity initiated accident (RIA). After performing the nine experiments of the initial test matrix it can be concluded that important new findings have been evidenced. High burnup clad corrosion and the associated degradation of the mechanical properties of the ZIRCALOY4 clad is one of the key phenomena of the fuel behaviour under accident conditions. Equally important is the evidence that transient, dynamic fission gas effects resulting from the close to adiabatic heating introduces a new explosive loading mechanism which may lead to clad rupture under RIA conditions, especially in the case of heterogeneous MOX fuel.

  13. Transport and Burnup Numerical Simulation on the Liquid Blanket Burnup of In-Zinerater%In-Zinerater液态包层输运燃耗数值模拟

    Institute of Scientific and Technical Information of China (English)

    师学明; 杨俊云; 刘成安

    2014-01-01

    Z-Pinch惯性约束聚变是未来一种有竞争力的能源候选方案。Z-Pinch驱动的聚变裂变混合堆可高效地嬗变反应堆乏燃料中分离出的超铀元素。对美国Sandia国家实验室提出的In-Zinerater混合堆概念进行了中子学分析和数值模拟。在三维输运燃耗耦合程序MCORGS中增加了处理在线添加燃料与去除裂变产物的功能,实现了对液态燃料燃耗过程的模拟。增加6Li丰度和燃料初装量保持寿期初反应性不变,可以减缓寿期内反应性下降趋势。逐步增加包层内超铀元素装量,可以控制整个寿期内反应性基本恒定。聚变功率取20 MW,通过反应性控制,5年内包层能量放大倍数在160∼180之间,氚增殖比在1.5∼1.7之间,优于In-Zinerater基准设计方案。%Z-Pinch Inertial confinement fusion is a competitive candidate for future energy solution. A fusion-fission hybrid driven by Z-Pinch can be used to transmute transuranic elements from spent fuels of reactors efficiently. Analysis and numerical simulation of blanket neutronics of In-Zinerater, which is a fusion-fission hybrid concept design in Sandia National Laboratories, is given in this paper. Modification to the three dimension transport and burnup code MCORGS are done, so as to simulate continuous feeding and continuous chemical processing of the liquid fuel. Different combination of initial enrichment of 6Li and fuels loading in the blanket are selected to keep the same reactivity at begin of core. By this way, the decreasing trend of reactivity at life of the core can be lowered. The reactivity can be maintained constant by increasing the fuel loading in the core gradually as the burnup deepens. Given a 20 MW fusion power, by reactivity control, the blanket energy multiplication is around 160∼180 and tritium breed ratio 1.5∼1.7 in 5 years, which is a better result than Sandia’s original design.

  14. Estimation of Credit Risk for Business Firms of Nationalized Bank by Neural Network Approach

    Directory of Open Access Journals (Sweden)

    Ms. A. R. Ghatge

    2013-06-01

    Full Text Available Financial credit risk assessment has gained a great deal of attention. Many different parties have an interest in credit risk assessment. Banking authorities are interested because it helps them to determine the overall strength of the banking system and its ability to handle adverse conditions. Due to the importance of credit risk analysis, many methods were widely applied to credit risk measurement tasks, from that Artificial Neural Network plays an important role for analyzing the credit default problem. Artificial neural networks represent an easily customizable tool for modeling learning behavior of agents and for studying a lot of problems very difficult to analyze with standard economic models ANN has many advantages over conventional methods of analysis. According to Shachmurove (2002, they have the ability to analyze complex patterns quickly and with a high degree of accuracy.The focus of this paper is to determine that a neural network is a suitable modelling technique for predicting the business firm loan is satisfactory or not. This paper shows that an ANN approach will classify the applicant as a default or not and predict a credit default allowance amount more closely aligned with the credit default expenseincurred during the fiscal period than traditional management approaches to estimating the allowance. The results show that credit risk evaluation using Back propagation neural network and expert evaluation have the very good consistency

  15. Modelling local government unit credit risk in the Republic of Croatia

    Directory of Open Access Journals (Sweden)

    Petra Posedel

    2012-12-01

    Full Text Available The objective of this paper is to determine possible indicators that affect local unit credit risk and investigate their effect on default (credit risk of local government units in Croatia. No system for the estimation of local unit credit risk has been established in Croatia so far causing many practical problems in local unit borrowing. Because of the specific nature of the operations of local government units and legislation that does not allow local government units to go into bankruptcy, conventional methods for estimating credit risk are not applicable, and the set of standard potential determinants of credit risk has to be expanded with new indicators. Thus in the paper, in addition to the usual determinants of credit risk, the hypothesis of the influence of political factors on local unit credit risk in Croatia is also tested out, with the use of a Tobit model. Results of econometric analysis show that credit risk of local government units in Croatia is affected by the political structure of local government, the proportion of income tax and surtax in operating revenue, the ratio of net operating balance, net financial liabilities and direct debt to operating revenue, as well as the ratio of debt repayment and cash, and direct debt and operating revenue.

  16. Qualification of the B and W Mark B fuel assembly for high burnup. Third semi-annual progress report, July-December 1979

    Energy Technology Data Exchange (ETDEWEB)

    Coleman, T.A.

    1980-03-01

    Five Babcock and Wilcox-designed Mark B (15 x 15) pressurized water reactor fuel assemblies were irradiated to extended burnups in Duke Power Company's Oconee Unit 1 reactor. An assembly average burnup of 40,000 MWd/mtU, which is about 29% greater than previous discharge burnups at Oconee 1, was attained. The nondestructive examination of these five assemblies, which have been irradiated for four fuel cycles, was begun. Data obtained included fuel assembly and fuel dimensions, water channel spacings, fuel rod surface deposit samples, and holddown spring preload forces. Visual examination of the assemblies indicated that good fuel performance was maintained through four cycles of irradiation.

  17. 多群蒙卡输运与点燃耗耦合程序系统TRITON基准验证%Benchmark Verification of Multi-group Monte Carlo Transport and Point-Burnup Codes Coupling System TRITON

    Institute of Scientific and Technical Information of China (English)

    武祥; 若夕子; 于涛; 谢金森; 陈昊威

    2014-01-01

    TRITON couples multi group Monte Carlo Transport code KENO V. a and point-burnup code ORIGEN-S. It features adaptability on complex geometries,flexible processing ability on cross section and rapid calculating speed. Based on the thorium-based fuel cell benchmark of Idaho National Laboratory ( INL) ,the verification on TRITON burnup calcu-lation was performed,which showed good coincidence with the result of MOCUP code by INL. Furthermore, the results of burnup isotopes selection schemes in TRITON showed that,for thorium based fuel,only important nuclides on Th-U cycle was included,correct results can be obtained by TRITON. Conclusions in the present paper will support further applications of TRITON.%TRITON程序系统耦合了多群蒙特卡罗输运程序KENO V. a与点燃耗程序ORIGEN-S,具有几何适应性强、截面处理能力灵活、计算速度快等显著特点.本文基于爱达荷国家实验室( INL)钍基燃料元件燃耗基准题,开展了TRITON程序燃耗功能的验证,结果与INL采用MOCUP程序给出的结果吻合很好.同时,燃耗核素选取对TRITON计算结果的影响分析表明对于钍基燃料,只有在考虑Th-U循环重要核素的前提下,TRITON才能给出正确结果.上述结论为TRITON程序的应用奠定了基础.

  18. Research and Application of University Library Reader Credit Evaluation System%高校图书馆读者信用评价体系的应用研究

    Institute of Scientific and Technical Information of China (English)

    成永娟

    2012-01-01

    On account of the reader's discreditable behavior in university libraries, and combining reader's credit rating and credit score together, the author proposes a university library reader credit evaluation system. Credit score is depended on both reader's bor- rowing and retunling action and reading behavior inside libraries. While, credit rating,basing on different values from several index, is calculated on weight. As for designing reader credit evaluation module, the author applies neural network method. Through sample test, the efficiency of the credit evaluation module is testified.%针对目前高校图书馆普遍存在的读者失信问题,根据高校图书馆的实际情况构建相应的读者信用指标体系,将读者信用评价与信用积分制结合起来。信用分由读者的借还行为以及读者在馆内的阅读行为记录共同决定。给各种指标赋予不同的权值,经过加权计算来进行信用评分。采用神经网络的方法对读者信用评价模型进行设计,通过样本测试证明信用评价模型的有效性。

  19. The Maritime Public Service Platform Based on Credit Management Research and Application%基于信用管理的海事公共服务平台研究及应用

    Institute of Scientific and Technical Information of China (English)

    葛鸣明; 孟波波

    2016-01-01

    At present the government public service is given priority to with information service,and business application and handle the class subject to confirm identity and validity of public service and other issues are still in the way of online and offline parallel processing. In this paper,according to the characteristics of the Internet service,and in combination with the application of credit management system and reliable basic data,build a including Internet,mobile Internet,WeChat,text messages and other maritime public service platform, service means,realize the business of whole network. According to the characteristics of the Internet application,the design is suitable for the maritime public service system,Internet applications can fully exert the achievement of information construction,benefits,the realization of the real high quality social services.%目前政府公共服务以信息查询服务为主,而业务申请和办理类的公共服务受制于身份认证和有效性确认等问题还处于线上和线下并行的方式进行处理。本文针对互联网服务的特征,结合信用管理体系和可信的基础数据的应用,构建一个包括互联网、移动互联网、微信、短信等多种服务手段在内的海事公共服务平台,实现业务的全网络化的办理。针对互联网应用的特征,设计适合于互联网应用的海事公共服务的体系,能够充分的发挥已有信息化建设成果的效益,真正的实现优质高效的社会服务。

  20. Earned Income Tax Credit Eligibility and Participation

    Science.gov (United States)

    2007-11-02

    to assist the working poor . The EIC is intended to offset the burden of the Social Security payroll tax on low - income workers and to encourage low ...The Earned Income Tax Credit (EIC), which is expected to provide over $30 billion in refundable credits in fiscal year 2002, is major federal effort... income individuals to work. The amounts of credit that taxpayers receive depend on the taxpayers’ incomes and the number of qualifying children they have

  1. Three essays on credit derivatives and liquidity

    OpenAIRE

    Arakelyan, Armen

    2012-01-01

    This thesis consists of three empirical essays on pricing credit derivatives and the impact of liquidity on the prices of credit derivatives. In essay one, I investigate empirically the pricing of Collateralized Debt Obligations (CDO) within the framework of copula models. In essay two I analyze the impact of illiquidity on Credit Default Swap (CDS) spreads on an individual level. In essay three I analyze the effect of market wide illiquidity on portfolio CDS spreads on an aggrega...

  2. 12 CFR 704.6 - Credit risk management.

    Science.gov (United States)

    2010-01-01

    ... 12 Banks and Banking 6 2010-01-01 2010-01-01 false Credit risk management. 704.6 Section 704.6... CREDIT UNIONS § 704.6 Credit risk management. (a) Policies. A corporate credit union must operate according to a credit risk management policy that is commensurate with the investment risks and...

  3. 12 CFR 619.9145 - Farm Credit Bank.

    Science.gov (United States)

    2010-01-01

    ... 12 Banks and Banking 6 2010-01-01 2010-01-01 false Farm Credit Bank. 619.9145 Section 619.9145 Banks and Banking FARM CREDIT ADMINISTRATION FARM CREDIT SYSTEM DEFINITIONS § 619.9145 Farm Credit Bank. The term Farm Credit Bank refers to a bank resulting from the mandatory merger of the Federal...

  4. 12 CFR 619.9015 - Agricultural credit associations.

    Science.gov (United States)

    2010-01-01

    ... 12 Banks and Banking 6 2010-01-01 2010-01-01 false Agricultural credit associations. 619.9015 Section 619.9015 Banks and Banking FARM CREDIT ADMINISTRATION FARM CREDIT SYSTEM DEFINITIONS § 619.9015 Agricultural credit associations. Agricultural credit associations are associations created by the merger...

  5. 12 CFR 619.9155 - Federal land credit association.

    Science.gov (United States)

    2010-01-01

    ... 12 Banks and Banking 6 2010-01-01 2010-01-01 false Federal land credit association. 619.9155 Section 619.9155 Banks and Banking FARM CREDIT ADMINISTRATION FARM CREDIT SYSTEM DEFINITIONS § 619.9155 Federal land credit association. The term Federal land credit association refers to a Federal land...

  6. 12 CFR 619.9020 - Agricultural credit banks.

    Science.gov (United States)

    2010-01-01

    ... 12 Banks and Banking 6 2010-01-01 2010-01-01 false Agricultural credit banks. 619.9020 Section 619.9020 Banks and Banking FARM CREDIT ADMINISTRATION FARM CREDIT SYSTEM DEFINITIONS § 619.9020 Agricultural credit banks. Agricultural credit banks are those banks created by the merger of a Farm...

  7. 12 CFR 619.9146 - Farm Credit institutions.

    Science.gov (United States)

    2010-01-01

    ... 12 Banks and Banking 6 2010-01-01 2010-01-01 false Farm Credit institutions. 619.9146 Section 619.9146 Banks and Banking FARM CREDIT ADMINISTRATION FARM CREDIT SYSTEM DEFINITIONS § 619.9146 Farm Credit institutions. Except as otherwise defined, the term Farm Credit institutions refers to all...

  8. Burnup determination of a fuel element concerning different cooling times; Seguimiento del quemado de un elemento combustible, para diferentes tiempos de enfriamento

    Energy Technology Data Exchange (ETDEWEB)

    Henriquez, C.; Navarro, G.; Pereda, C.; Mutis, O. [Comision Chilena de Energia Nuclear, Santiago (Chile). Dept. de Aplicaciones Nucleares. Unidad de Reactores; Terremoto, Luis A.A.; Zeituni, Carlos A. [Instituto de Pesquisas Energeticas e Nucleares (IPEN), Sao Paulo, SP (Brazil). Centro de Engenharia Nuclear

    2002-07-01

    In this work we report a complete set of measurements and some relevant results regarding the burnup process of a fuel element containing low enriched nuclear fuel. This fuel element was fabricated at the Plant of Fuel Elements of the Chilean Nuclear Energy Commission (CCHEN). Measurements were carried out using gamma-ray spectroscopy and the absolute burnup of the fuel element was determined. (author)

  9. The Comparative Analysis of the Application of Several Scoring Models of Consumer Credit in China%多种个人信用评分模型在中国应用的比较研究

    Institute of Scientific and Technical Information of China (English)

    石庆焱; 靳云汇

    2004-01-01

    Based on a set of credit card sample of Chinese commercial bank, a systemically comparative study of various statistical credit scoring models was firstly made in China. The comparative study indicated that every model has its own strength and weakness. Thestrengths of linear discriminant analysis, linear program, and Logistic regression are that these models are explainable and their outputs can be a linear scorecard(so can be easily implemented). But these models have higher misclassification rate comparing with others. Neural network and classification tree models have a higher predict accuracy,but may be‘over fitted’ ,and their outputs are hard to be explained.

  10. A Study of Experience Credit for Professional Engineering Licensure

    Energy Technology Data Exchange (ETDEWEB)

    Martin, M.A.

    2003-08-11

    Oak Ridge National Laboratory performed a study of experience credit for professional engineering licensure for the Department of Energy's Industrial Assessment Center (IAC) Program. One of the study's goals was to determine how state licensure boards grant experience credit for engineering licensure, particularly in regards to IAC experience and experience prior to graduation. Another goal involved passing IAC information to state licensure boards to allow the boards to become familiar with the program and determine if they would grant credit to IAC graduates. The National Council of Examiners for Engineers and Surveyors (NCEES) has adopted a document, the ''Model Law''. This document empowers states to create state engineering boards and oversee engineering licensure. The board can also interpret and adopt rules and regulations. The Model Law also gives a general ''process'' for engineering licensure, the ''Model Law Engineer''. The Model Law Engineer requires that an applicant for professional licensure, or professional engineering (PE) licensure, obtain a combination of formal education and professional experience and successfully complete the fundamentals of engineering (FE) and PE exams. The Model Law states that a PE applicant must obtain four years of ''acceptable'' engineering experience after graduation to be allowed to sit for the PE exam. Although the Model Law defines ''acceptable experience,'' it is somewhat open to interpretation, and state boards decide whether applicants have accumulated the necessary amount of experience. The Model Law also allows applicants one year of credit for postgraduate degrees as well as experience credit for teaching courses in engineering. The Model Law grants states the power to adopt and amend the bylaws and rules of the Model Law licensure process. It allows state boards the freedom to modify the experience

  11. THE INVESTIGATION OF BURNUP CHARACTERISTICS USING THE SERPENT MONTE CARLO CODE FOR A SODIUM COOLED FAST REACTOR

    Directory of Open Access Journals (Sweden)

    MEHMET E. KORKMAZ

    2014-06-01

    Full Text Available In this research, we investigated the burnup characteristics and the conversion of fertile 232Th into fissile 233U in the core of a Sodium-Cooled Fast Reactor (SFR. The SFR fuel assemblies were designed for burning 232Th fuel (fuel pin 1 and 233U fuel (fuel pin 2 and include mixed minor actinide compositions. Monte Carlo simulations were performed using Serpent Code1.1.19 to compare with CRAM (Chebyshev Rational Approximation Method and TTA (Transmutation Trajectory Analysis method in the burnup calculation mode. The total heating power generated in the system was assumed to be 2000 MWth. During the reactor operation period of 600 days, the effective multiplication factor (keff was between 0.964 and 0.954 and peaking factor is 1.88867.

  12. The investigation of burnup characteristics using the serpent Monte Carlo code for a sodium cooled fast reactor

    Energy Technology Data Exchange (ETDEWEB)

    Korkmaz, Mehmet E.; Agar, Osman [Karamanoglu Mehmetbey University, Faculty of Kamil Oezdag Science, Karaman (Turkmenistan)

    2014-06-15

    In this research, we investigated the burnup characteristics and the conversion of fertile {sup 232}Th into fissile {sup 233}U in the core of a Sodium-Cooled Fast Reactor (SFR). The SFR fuel assemblies were designed for burning {sup 232}Th fuel (fuel pin 1) and {sup 233}U fuel (fuel pin 2) and include mixed minor actinide compositions. Monte Carlo simulations were performed using Serpent Code1.1.19 to compare with CRAM (Chebyshev Rational Approximation Method) and TTA (Transmutation Trajectory Analysis) method in the burnup calculation mode. The total heating power generated in the system was assumed to be 2000 MWth. During the reactor operation period of 600 days, the effective multiplication factor (keff) was between 0.964 and 0.954 and peaking factor is 1.88867.

  13. Study of irradiation induced restructuring of high burnup fuel - Use of computer and accelerator for fuel science and engineering -

    Energy Technology Data Exchange (ETDEWEB)

    Sataka, M.; Ishikawa, N.; Chimn, Y.; Nakamura, J.; Amaya, M. [Japan Atomic Energy Agency, Naka Gun (Japan); Iwasawa, M.; Ohnuma, T.; Sonoda, T. [Central Research Institute of Electric Power Industry, Tokyo (Japan); Kinoshita, M.; Geng, H. Y.; Chen, Y.; Kaneta, Y. [The Univ. of Tokyo, Tokyo (Japan); Yasunaga, K.; Matsumura, S.; Yasuda, K. [Kyushu Univ., Motooka (Japan); Iwase [Osaka Prefecture Univ., Osaka (Japan); Ichinomiya, T.; Nishiuran, Y. [Hokkaido Univ., Kitaku (Japan); Matzke, HJ. [Academy of Ceramics, Karlsruhe (Germany)

    2008-10-15

    In order to develop advanced fuel for future LWR reactors, trials were made to simulate the high burnup restructuring of the ceramics fuel, using accelerator irradiation out of pile and with computer simulation. The target is to reproduce the principal complex process as a whole. The reproduction of the grain subdivision (sub grain formation) was successful at experiments with sequential combined irradiation. It was made by recovery process of the accumulated dislocations, making cells and sub-boundaries at grain boundaries and pore surfaces. Details of the grain sub division mechanism is now in front of us outside of the reactor. Extensive computer science studies, first principle and molecular dynamics gave behavior of fission gas atoms and interstitial oxygen, assisting the high burnup restructuring.

  14. Credit Spreads Across the Business Cycle

    DEFF Research Database (Denmark)

    Nielsen, Mads Stenbo

    This paper studies how corporate bond spreads vary with the business cycle. I show that both level and slope of empirical credit spread curves are correlated with the state of the economy, and I link this to variation in idiosyncratic jump risk. I develop a structural credit risk model that accou......This paper studies how corporate bond spreads vary with the business cycle. I show that both level and slope of empirical credit spread curves are correlated with the state of the economy, and I link this to variation in idiosyncratic jump risk. I develop a structural credit risk model...... to firm fundamentals....

  15. THE COOPERATIVE CREDIT MUTUAL IN BRAZIL.

    Directory of Open Access Journals (Sweden)

    Laércio Baptista da Silva

    2013-06-01

    Full Text Available This study presents an analysis of the reality of credit unions in Brazil, in view of the singular importance of credit unions for the whole society as an alternative to private resources in favor of members of the community where they are located. It confirms that, in Brazil, the mutual credit unions, besides being presented as one of the viable options within the financial system, are also seen as an alternative by which some sectors of society promote the humanization of the financial system by offering credit and return on capital with fairer interest rates.

  16. Credit risk assessment model for Jordanian commercial banks: Neural scoring approach

    Directory of Open Access Journals (Sweden)

    Hussain Ali Bekhet

    2014-01-01

    Full Text Available Despite the increase in the number of non-performing loans and competition in the banking market, most of the Jordanian commercial banks are reluctant to use data mining tools to support credit decisions. Artificial neural networks represent a new family of statistical techniques and promising data mining tools that have been used successfully in classification problems in many domains. This paper proposes two credit scoring models using data mining techniques to support loan decisions for the Jordanian commercial banks. Loan application evaluation would improve credit decision effectiveness and control loan office tasks, as well as save analysis time and cost. Both accepted and rejected loan applications, from different Jordanian commercial banks, were used to build the credit scoring models. The results indicate that the logistic regression model performed slightly better than the radial basis function model in terms of the overall accuracy rate. However, the radial basis function was superior in identifying those customers who may default.

  17. Temperature and burnup correlated fuel-cladding chemical interaction in U-10ZR metallic fuel

    Science.gov (United States)

    Carmack, William J.

    Metallic fuels are proposed for use in advanced sodium cooled fast reactors and provide a number of advantages over other fuel types considering their fabricability, performance, recyclability, and safety. Resistance to cladding "breach" and subsequent release of fission products and fuel constituents to the nuclear power plant primary coolant system is a key performance parameter for a nuclear fuel system. In metallic fuel, FCCI weakens the cladding, especially at high power-high temperature operation, contributing to fuel pin breach. Empirical relationships for FCCI have been developed from a large body of data collected from in-pile (EBR-II) and out-of-pile experiments [1]. However, these relationships are unreliable in predicting FCCI outside the range of EBR-II experimental data. This dissertation examines new FCCI data extracted from the MFF-series of prototypic length metallic fuel irradiations performed in the Fast Flux Test Facility (FFTF). The fuel in these assemblies operated a temperature and burnup conditions similar to that in EBR-II but with axial fuel height three times longer than EBR-II experiments. Comparing FCCI formation data from FFTF and EBR-II provides new insight into FCCI formation kinetics. A model is developed combining both production and diffusion of lanthanides to the fuel-cladding interface and subsequent reaction with the cladding. The model allows these phenomena to be influenced by fuel burnup (lanthanide concentrations) and operating temperature. Parameters in the model are adjusted to reproduce measured FCCI layer thicknesses from EBR-II and FFTF. The model predicts that, under appropriate conditions, rate of FCCI formation can be controlled by either fission product transport or by the reaction rate of the interaction species at the fuel-cladding interface. This dissertation will help forward the design of metallic fuel systems for advanced sodium cooled fast reactors by allowing the prediction of FCCI layer formation in full

  18. A feasibility study to determine cooling time and burnup of ATR fuel using a nondestructive technique and three types of gamma-ray detectors

    Energy Technology Data Exchange (ETDEWEB)

    Navarro, J.; Aryaeinejad, R.; Nigg, D.W. [Idaho National Laboratory, P. O. Box 1625, Idaho Falls, ID 83415 (United States)

    2011-07-01

    The goal of this work was to perform a feasibility study and establish measurement techniques to determine the burnup of the Advanced Test Reactor (ATR) fuels at the Idaho National Laboratory (INL). Three different detectors of high purity germanium (HPGe), lanthanum bromide (LaBr{sub 3}), and high pressure xenon (HPXe) in two detection system configurations of below and above the water pool were used in this study. The last two detectors were used for the first time in fuel burnup measurements. The results showed that a better quality spectra can be achieved with the above the water pool configuration. Both short and long cooling time fuels were investigated in order to determine which measurement technique, absolute or fission product ratio, is better suited in each scenario and also to establish what type of detector should be used in each case for the best burnup measurement. The burnup and cooling time calibrations were established using experimental absolute activities or isotopic ratios and ORIGEN burnup calculations. A method was developed to do burnup and cooling time calibrations using fission isotopes activities without the need to know the exact geometry. (authors)

  19. In Comparative Analysis for Fuel Burnup of Fuel Assembly Designs for the 300 kW Small Medical Reactor

    Science.gov (United States)

    Sambuu, Odmaa; Nanzad, Norov

    2009-03-01

    A 300 kW small medical reactor was designed to be used for boron neutron capture therapy (BNCT) at KAIST in 1996 [1]. In this paper, analysis for the core life cycle of the original design of the BNCT facility and modifications of the fuel assembly configuration and enrichment to get a proper life cycle were performed and a criticality, neutron flux distribution and fuel burnup calculations were carried out.

  20. Recent view to the results of pulse tests in the IGR reactor with high burn-up fuel

    Energy Technology Data Exchange (ETDEWEB)

    Asmolov, V.; Yegorova, L. [Russian Research Centre, Moscow (Russian Federation)

    1996-03-01

    Testing of 43 fuel elements (13 fuel elements with high burn-up fuel, 10 fuel elements with preirradiated cladding and fresh fuel, and 20 non-irradiated fuel elements) was carried out in the IGR pulse reactor with a half width of the reactor power pulse of about 0.7 sec. Tests were conducted in capsules with no coolant flow and with standard initial conditions in the capsule of 20{degrees}C and 0.2 MPa. Two types of coolant were used: water and air. One purpose of the test program was to determine the thresholds and mechanisms of fuel rod failure under RIA conditions for VVER fuel rods over their entire exposure range, from zero to high burn-up. These failure thresholds are often used in safety analyses. The tests and analyses were designed to reveal the influence on fuel rod failure of (1) the mechanical properties of the cladding, (2) the pellet-to-cladding gap, (3) fuel burn-up, (4) fuel-to-coolant heat transfer, and other parameters. The resulting data base can also be used for validation of computer codes used for analyzing fuel rod behavior. Three types of test specimens were used in the tests, and diagrams of these specimens are shown in Fig. 1. {open_quotes}Type-C{close_quotes} specimens were re-fabricated from commercial fuel rods of the VVER-1000 type that had been subjected to many power cycles of operation in the Novovoronezh Nuclear Power Plant (NV NPP). {open_quotes}Type-D{close_quotes} specimens were fabricated from the same commercial fuel rods used above, but the high burn-up oxide fuel was removed from the cladding and was replaced with fresh oxide fuel pellets. {open_quotes}Type-D{close_quotes} specimens thus provided a means of separating the effects of the cladding and the oxide fuel pellets and were used to examine cladding effects only.

  1. Characterization of the non-uniqueness of used nuclear fuel burnup signatures through a Mesh-Adaptive Direct Search

    Energy Technology Data Exchange (ETDEWEB)

    Skutnik, Steven E., E-mail: sskutnik@utk.edu; Davis, David R.

    2016-05-01

    The use of passive gamma and neutron signatures from fission indicators is a common means of estimating used fuel burnup, enrichment, and cooling time. However, while characteristic fission product signatures such as {sup 134}Cs, {sup 137}Cs, {sup 154}Eu, and others are generally reliable estimators for used fuel burnup within the context where the assembly initial enrichment and the discharge time are known, in the absence of initial enrichment and/or cooling time information (such as when applying NDA measurements in a safeguards/verification context), these fission product indicators no longer yield a unique solution for assembly enrichment, burnup, and cooling time after discharge. Through the use of a new Mesh-Adaptive Direct Search (MADS) algorithm, it is possible to directly probe the shape of this “degeneracy space” characteristic of individual nuclides (and combinations thereof), both as a function of constrained parameters (such as the assembly irradiation history) and unconstrained parameters (e.g., the cooling time before measurement and the measurement precision for particular indicator nuclides). In doing so, this affords the identification of potential means of narrowing the uncertainty space of potential assembly enrichment, burnup, and cooling time combinations, thereby bounding estimates of assembly plutonium content. In particular, combinations of gamma-emitting nuclides with distinct half-lives (e.g., {sup 134}Cs with {sup 137}Cs and {sup 154}Eu) in conjunction with gross neutron counting (via {sup 244}Cm) are able to reasonably constrain the degeneracy space of possible solutions to a space small enough to perform useful discrimination and verification of fuel assemblies based on their irradiation history.

  2. 12 CFR 614.4540 - Other financing institution access to Farm Credit Banks and agricultural credit banks for funding...

    Science.gov (United States)

    2010-01-01

    ... seasonal peak in loans and leases to farmers, ranchers, aquatic producers and harvesters. The Farm Credit... Credit Banks and agricultural credit banks for funding, discount, and other similar financial assistance. 614.4540 Section 614.4540 Banks and Banking FARM CREDIT ADMINISTRATION FARM CREDIT SYSTEM...

  3. SEM Characterization of the High Burn-up Microstructure of U-7Mo Alloy

    Energy Technology Data Exchange (ETDEWEB)

    Dennis D. Keiser, Jr.; Jan-Fong Jue; Jian Gan; Brandon Miller; Adam Robinson; Pavel Medvedev; James Madden; Dan Wachs; M. Teague

    2014-04-01

    During irradiation, the microstructure of U-7Mo evolves until at a fission density near 5x1021 f/cm3 a high-burnup microstructure exists that is very different than what was observed at lower fission densities. This microstructure is dominated by randomly distributed, relatively large, homogeneous fission gas bubbles. The bubble superlattice has collapsed in many microstructural regions, and the fuel grain sizes, in many areas, become sub-micron in diameter with both amorphous fuel and crystalline fuel present. Solid fission product precipitates can be found inside the fission gas bubbles. To generate more information about the characteristics of the high-fission density microstructure, three samples irradiated in the RERTR-7 experiment have been characterized using a scanning electron microscope equipped with a focused ion beam. The FIB was used to generate samples for SEM imaging and to perform 3D reconstruction of the microstructure, which can be used to look for evidence of possible fission gas bubble interlinkage.

  4. Propagation of Nuclear Data Uncertainties for ELECTRA Burn-up Calculations

    Science.gov (United States)

    Sjöstrand, H.; Alhassan, E.; Duan, J.; Gustavsson, C.; Koning, A. J.; Pomp, S.; Rochman, D.; Österlund, M.

    2014-04-01

    The European Lead-Cooled Training Reactor (ELECTRA) has been proposed as a training reactor for fast systems within the Swedish nuclear program. It is a low-power fast reactor cooled by pure liquid lead. In this work, we propagate the uncertainties in 239Pu transport data to uncertainties in the fuel inventory of ELECTRA during the reactor lifetime using the Total Monte Carlo approach (TMC). Within the TENDL project, nuclear models input parameters were randomized within their uncertainties and 740 239Pu nuclear data libraries were generated. These libraries are used as inputs to reactor codes, in our case SERPENT, to perform uncertainty analysis of nuclear reactor inventory during burn-up. The uncertainty in the inventory determines uncertainties in: the long-term radio-toxicity, the decay heat, the evolution of reactivity parameters, gas pressure and volatile fission product content. In this work, a methodology called fast TMC is utilized, which reduces the overall calculation time. The uncertainty of some minor actinides were observed to be rather large and therefore their impact on multiple recycling should be investigated further. It was also found that, criticality benchmarks can be used to reduce inventory uncertainties due to nuclear data. Further studies are needed to include fission yield uncertainties, more isotopes, and a larger set of benchmarks.

  5. Fuel burnup analysis of the TRIGA Mark II Reactor at the University of Pavia

    CERN Document Server

    Chiesa, Davide; Pozzi, Stefano; Previtali, Ezio; Sisti, Monica; Alloni, Daniele; Magrotti, Giovanni; Manera, Sergio; Prata, Michele; Salvini, Andrea; Cammi, Antonio; Zanetti, Matteo; Sartori, Alberto

    2015-01-01

    A time evolution model was developed to study fuel burnup for the TRIGA Mark II reactor at the University of Pavia. The results were used to predict the effects of a complete core reconfiguration and the accuracy of this prediction was tested experimentally. We used the Monte Carlo code MCNP5 to reproduce system neutronics in different operating conditions and to analyse neutron fluxes in the reactor core. The software that took care of time evolution, completely designed in-house, used the neutron fluxes obtained by MCNP5 to evaluate fuel consumption. This software was developed specifically to keep into account some features that differentiate experimental reactors from power ones, such as the daily ON/OFF cycle and the long fuel lifetime. These effects can not be neglected to properly account for neutron poison accumulation. We evaluated the effect of 48 years of reactor operation and predicted a possible new configuration for the reactor core: the objective was to remove some of the fuel elements from the...

  6. Cladding stress during extended storage of high burnup spent nuclear fuel

    Science.gov (United States)

    Raynaud, Patrick A. C.; Einziger, Robert E.

    2015-09-01

    In an effort to assess the potential for low temperature creep and delayed hydride cracking failures in high burnup spent fuel cladding during extended dry storage, the U.S. NRC analytical fuel performance tools were used to predict cladding stress during a 300 year dry storage period for UO2 fuel burned up to 65 GWd/MTU. Fuel swelling correlations were developed and used along with decay gas production and release fractions to produce circumferential average cladding stress predictions with the FRAPCON-3.5 fuel performance code. The resulting stresses did not result in cladding creep failures. The maximum creep strains accumulated were on the order of 0.54-1.04%, but creep failures are not expected below at least 2% strain. The potential for delayed hydride cracking was assessed by calculating the critical flaw size required to trigger this failure mechanism. The critical flaw size far exceeded any realistic flaw expected in spent fuel at end of reactor life.

  7. Fuel failure and fission gas release in high burnup PWR fuels under RIA conditions

    Science.gov (United States)

    Fuketa, Toyoshi; Sasajima, Hideo; Mori, Yukihide; Ishijima, Kiyomi

    1997-09-01

    To study the fuel behavior and to evaluate the fuel enthalpy threshold of fuel rod failure under reactivity initiated accident (RIA) conditions, a series of experiments using pulse irradiation capability of the Nuclear Safety Research Reactor (NSRR) has been performed. During the experiments with 50 MWd/kg U PWR fuel rods (HBO test series; an acronym for high burnup fuels irradiated in Ohi unit 1 reactor), significant cladding failure occurred. The energy deposition level at the instant of the fuel failure in the test is 60 cal/g fuel, and is considerably lower than those expected and pre-evaluated. The result suggests that mechanical interaction between the fuel pellets and the cladding tube with decreased integrity due to hydrogen embrittlement causes fuel failure at the low energy deposition level. After the pulse irradiation, the fuel pellets were found as fragmented debris in the coolant water, and most of these were finely fragmented. This paper describes several key observations in the NSRR experiments, which include cladding failure at the lower enthalpy level, possible post-failure events and large fission gas release.

  8. TEM Characterization of High Burn-up Microstructure of U-7Mo Alloy

    Energy Technology Data Exchange (ETDEWEB)

    Jian Gan; Brandon Miller; Dennis Keiser; Adam Robinson; James Madden; Pavel Medvedev; Daniel Wachs

    2014-04-01

    As an essential part of global nuclear non-proliferation effort, the RERTR program is developing low enriched U-Mo fuels (< 20% U-235) for use in research and test reactors that currently employ highly enriched uranium fuels. One type of fuel being developed is a dispersion fuel plate comprised of U-7Mo particles dispersed in Al alloy matrix. Recent TEM characterizations of the ATR irradiated U-7Mo dispersion fuel plates include the samples with a local fission densities of 4.5, 5.2, 5.6 and 6.3 E+21 fissions/cm3 and irradiation temperatures of 101-136?C. The development of the irradiated microstructure of the U-7Mo fuel particles consists of fission gas bubble superlattice, large gas bubbles, solid fission product precipitates and their association to the large gas bubbles, grain subdivision to tens or hundreds of nanometer size, collapse of bubble superlattice, and amorphisation. This presentation will describe the observed microstructures specifically focusing on the U-7Mo fuel particles. The impact of the observed microstructure on the fuel performance and the comparison of the relevant features with that of the high burn-up UO2 fuels will be discussed.

  9. Fuel Burnup and Fuel Pool Shielding Analysis for Bushehr Nuclear Reactor VVER-1000

    Science.gov (United States)

    Hadad, Kamal; Ayobian, Navid

    Bushehr Nuclear power plant (BNPP) is currently under construction. The VVER-1000 reactor will be loaded with 126 tons of about 4% enriched fuel having 3-years life cycle. The spent fuel (SF) will be transferred into the spent fuel pool (SPF), where it stays for 8 years before being transferred to Russia. The SPF plays a crucial role during 8 years when the SP resides in there. This paper investigates the shielding of this structure as it is designed to shield the SF radiation. In this study, the SF isotope inventory, for different cycles and with different burnups, was calculated using WIMS/4D transport code. Using MCNP4C nuclear code, the intensity of γ rays was obtained in different layers of SFP shields. These layers include the water above fuel assemblies (FA) in pool, concrete wall of the pool and water laid above transferring fuels. Results show that γ rays leakage from the shield in the mentioned layers are in agreement with the plant's PSAR data. Finally we analyzed an accident were the water height above the FA in the pool drops to 47 cm. In this case it was observed that exposure dose above pool, 10 and 30 days from the accident, are still high and in the levels of 1000 and 758 R/hr.

  10. MCNPX Monte Carlo burnup simulations of the isotope correlation experiments in the NPP Obrigheim

    Energy Technology Data Exchange (ETDEWEB)

    Cao Yan, E-mail: ycao@anl.go [Nuclear Engineering Division, Argonne National Laboratory, 9700 South Cass Avenue, Argonne, IL 60439 (United States); Gohar, Yousry [Nuclear Engineering Division, Argonne National Laboratory, 9700 South Cass Avenue, Argonne, IL 60439 (United States); Broeders, Cornelis H.M. [Forschungszentrum Karlsruhe, Institute for Neutron Physics and Reactor Technology, P.O. Box 3640, 76021 Karlsruhe (Germany)

    2010-10-15

    This paper describes the simulation work of the Isotope Correlation Experiment (ICE) using the MCNPX Monte Carlo computer code package. The Monte Carlo simulation results are compared with the ICE-Experimental measurements for burnup up to 30 GWD/t. The comparison shows the good capabilities of the MCNPX computer code package for predicting the depletion of the uranium fuel and the buildup of the plutonium isotopes in a PWR thermal reactor. The Monte Carlo simulation results show also good agreements with the experimental data for calculating several long-lived and stable fission products. However, for the americium and curium actinides, it is difficult to judge the predication capabilities for these actinides due to the large uncertainties in the ICE-Experimental data. In the MCNPX numerical simulations, a pin cell model is utilized to simulate the fuel lattice of the nuclear power reactor. Temperature dependent libraries based on JEFF3.1 nuclear data files are utilized for the calculations. In addition, temperature dependent libraries based ENDF/B-VII nuclear data files are utilized and the obtained results are very close to the JEFF3.1 results, except for {approx}10% differences in the prediction of the minor actinide isotopes buildup.

  11. Propagation of nuclear data uncertainties for ELECTRA burn-up calculations

    CERN Document Server

    ostrand, H; Duan, J; Gustavsson, C; Koning, A; Pomp, S; Rochman, D; Osterlund, M

    2013-01-01

    The European Lead-Cooled Training Reactor (ELECTRA) has been proposed as a training reactor for fast systems within the Swedish nuclear program. It is a low-power fast reactor cooled by pure liquid lead. In this work, we propagate the uncertainties in Pu-239 transport data to uncertainties in the fuel inventory of ELECTRA during the reactor life using the Total Monte Carlo approach (TMC). Within the TENDL project the nuclear models input parameters were randomized within their uncertainties and 740 Pu-239 nuclear data libraries were generated. These libraries are used as inputs to reactor codes, in our case SERPENT, to perform uncertainty analysis of nuclear reactor inventory during burn-up. The uncertainty in the inventory determines uncertainties in: the long-term radio-toxicity, the decay heat, the evolution of reactivity parameters, gas pressure and volatile fission product content. In this work, a methodology called fast TMC is utilized, which reduces the overall calculation time. The uncertainty in the ...

  12. Determinants of SME credit worthiness under Basel rules: the value of credit history information

    Directory of Open Access Journals (Sweden)

    Francesco Dainelli

    2013-03-01

    Full Text Available The Basel III Accord has reportedly had an impact on SME financing. In this paper, we aim to highlight the determinants of SME credit worthiness. We use credit history in addition to financial ratios and “hybrid” indicators that have been built by mixing credit history with financial statement data. We develop a failure prediction logit model on 187 Italian SMEs. The use of short-term credit lines is the most important variable. Contrary to common understanding, capitalization levels do not affect ratings. Lastly, credit worthiness is sensitive to sale profitability.

  13. The Design and Application of the Credit Rating Index System for the Insurance Company%保险公司资信评级指标体系的设计与应用

    Institute of Scientific and Technical Information of China (English)

    谭中明; 胡百灵; 卜松

    2012-01-01

    Constructing a scientific insurance company credit rating index system has a great significance in impro ving the insurance information disclosure system, and strengthening the policyholder's trust in the insurance compa ny. It also has a great significance in improving the insurance supervision work. Based on the characteristics of the insurance industry and insurance company's credit characteristics,this paper designed a set of insurance company's credit rating index system from the quantitative and qualitative aspects. Then, using the factor analysis method, it an alyzed 20 sample insurance companies' credit status, and at last, put forward detailed suggestions on how to perfect our country's insurance company credit rating system.%建立科学的保险资信评级体系对完善保险信息披露制度,增进投保人对保险公司的信任,改进保险监管工作意义重大。本文依据我国保险行业特点和保险公司信用特征,从定性和定量两方面构建了一套保险公司资信评级指标体系,并以此为基础,运用因子分析法,对20家样本保险公司资信状况进行应用分析,最后就如何建立健全我国保险公司资信评级制度提出了对策建议。

  14. 层次分析法在评级中的应用——建立商业银行评级模型%The Application of AHP in Credit Rating The Establishment of Rating Models for Commercial Banks

    Institute of Scientific and Technical Information of China (English)

    贾曼莉; 刘晶

    2012-01-01

    Based on the analysis of credit rating model,and in view of the advantages of Analytical Hierachy Process(AHP) in establishing a credit rating model,the author emploxs the thought of system engineering-AHP-to build a model.The present paper mainly includes: the author gives further analysis of the commercial banks credit rating system,and makes a new system of indicators on the basis of surveys and statistics;the author applies AHP to establishing a credit rating model.Given the credit rating's characteristic that is it can not be completely quantified,the author applies AHP to establishing a rating model to better China's commercial banks in the actual rating in order to achieve a purpose of the combination of quantitative and qualitative analysis.%在分析信用评级模型的基础上,充分考虑层次分析法在建立信用评级模型中的优势,进而运用系统工程的思想方法——层次分析法搭建模型。本文的主要工作为:(1)对商业银行信用评级指标体系进行分析,并在我国原有影响较大的指标体系基础上采用专家调查和数理统计的方法,构思新的指标体系;(2)鉴于商业银行信用评级无法完全量化,在商业银行评级的模型研究中使用层次分析法建立评级模型,以达到定量与定性分析相结合的目的。

  15. Study on Application of Credit Evaluation in Tendering and Bidding of Architectural Engineering%诚信评价在建设工程招投标中的运用研究

    Institute of Scientific and Technical Information of China (English)

    叶胜

    2016-01-01

    Because of the imperfect credit system, problems like the deterioration of credit environment, widespread dishonesty acts, lack of strict punish-ment for dishonesty and delayed credit legal system construction emerge in construction industry. How to build a complete credit system for the construc-tion industry and to apply it to bidding to regulate the construction market and promote the healthy and sustainable development of the construction indus-try has become the urgent problem to be studied. This paper analyses and summarizes the basic frame, management mode and preliminary effects of the credit system in Chongqing for reference.%我国建筑市场信用制度不健全,建筑业中存在的信用环境恶化、失信行为普遍、失信惩罚不力、信用法制建设滞后等诸多问题开始凸现.如何构建完善的建筑业诚信体系,并将诚信体系评价应用到招投标中,以规范建筑市场并促进建筑行业的健康持续发展,已成为当前亟需研究的问题. 论文对重庆市诚信体系的基本框架、管理模式和初步效应进行了分析和总结,对建立有效的诚信激励和失信惩戒机制有参考价值.

  16. Thermal property change of MOX and UO2 irradiated up to high burnup of 74 GWd/t

    Science.gov (United States)

    Nakae, Nobuo; Akiyama, Hidetoshi; Miura, Hiromichi; Baba, Toshikazu; Kamimura, Katsuichiro; Kurematsu, Shigeru; Kosaka, Yuji; Yoshino, Aya; Kitagawa, Takaaki

    2013-09-01

    Thermal property is important because it controls fuel behavior under irradiation. The thermal property change at high burnup of more than 70 GWd/t is examined. Two kinds of MOX fuel rods, which were fabricated by MIMAS and SBR methods, and one referenced UO2 fuel rod were used in the experiment. These rods were taken from the pre-irradiated rods (IFA 609/626, of which irradiation test were carried out by Japanese PWR group) and re-fabricated and re-irradiated in HBWR as IFA 702 by JNES. The specification of fuel corresponds to that of 17 × 17 PWR type fuel and the axially averaged linear heat rates (LHR) of MOX rods are 25 kW/m (BOL of IFA 702) and 20 kW/m (EOL of IFA 702). The axial peak burnups achieved are about 74 GWd/t for both of MOX and UO2. Centerline temperature and plenum gas pressure were measured in situ during irradiation. The measured centerline temperature is plotted against LHR at the position where thermocouples are fixed. The slopes of MOX are corresponded to each other, but that of UO2 is higher than those of MOX. This implies that the thermal conductivity of MOX is higher than that of UO2 at high burnup under the condition that the pellet-cladding gap is closed during irradiation. Gap closure is confirmed by the metallography of the postirradiation examinations. It is understood that thermal conductivity of MOX is lower than that of UO2 before irradiation since phonon scattering with plutonium in MOX becomes remarkable. A phonon scattering with plutonium decreases in MOX when burnup proceeds. Thus, thermal conductivity of MOX becomes close to that of UO2. A reverse phenomenon is observed at high burnup region. The phonon scattering with fission products such as Nd and Zr causes a degradation of thermal conductivity of burnt fuel. It might be speculated that this scattering effect causes the phenomenon and the mechanism is discussed here.

  17. 10 CFR 490.502 - Creditable actions.

    Science.gov (United States)

    2010-01-01

    ... DEPARTMENT OF ENERGY ENERGY CONSERVATION ALTERNATIVE FUEL TRANSPORTATION PROGRAM Alternative Fueled Vehicle Credit Program § 490.502 Creditable actions. A fleet or covered person becomes entitled to alternative... of the number of alternative fueled vehicles that fleet or covered person is required to acquire in...

  18. IMPROVEMENT OF SMALL BUSINESS CREDIT IN RUSSIA

    Directory of Open Access Journals (Sweden)

    Klimova N. V.

    2015-12-01

    Full Text Available Small business is the basis for the development of the national economy, providing 60% of revenues in foreign countries. In Russia, this sector is developing slowly due to lack of funding. In connection with the development of small business, lending is growing in popularity in this sphere. The state develops a variety of programs to support small businesses in the form of public and private lending institutions, venture capital funds, credit unions. However, the volume of lending to small business remains relatively low, due to mistrust of banks and credit organizations in the sphere of small business. Nevertheless, it is here, according to statistics, the debt on loans is only 1.5% of the total. The article describes the features of small business lending, it analyzes the dynamics of the volume of loans granted, and the amount of debt, identifies main obstacles to obtaining loans to entrepreneurs, gives the analysis of credit conditions of small business in Russia and Germany. The problem of credit was considered from two perspectives: from the perspective of credit institutions and the banks themselves. We have developed measures to improve credit conditions, which must take into account not only credit institutions but also the state. It is necessary to provide tax incentives, encouraging the establishment and development of insurance business associations, to support the creation of specialized banks lending to small businesses, the development of cooperation of small and large banks to increase bank lending and reduce credit risks

  19. Adam Smith, Religion, and Tuition Tax Credits.

    Science.gov (United States)

    Alexander, Kern

    1983-01-01

    Examines tuition tax credit programs in framework of Adam Smith's ideas on the economic impact of established churches. Finds that tuition tax credits would amount to state expenditures to relieve the financial burden of parochial school parents and would allow churches to invest commercially to maintain their charitable functions. (JW)

  20. Trade credit, collateral liquidation, and borrowing constraints

    NARCIS (Netherlands)

    D. Fabbri; A.M.C. Menichini

    2010-01-01

    Assuming that firms’ suppliers are better able to extract value from the liquidation of assets in default and have an information advantage over other creditors, the paper derives six predictions on the use of trade credit. (1) Financially unconstrained firms (with unused bank credit lines) take tra

  1. ED Strengthens Credit Management and Debt Collection.

    Science.gov (United States)

    Olmo, Ralph J.

    1982-01-01

    This interview with the comptroller for the U.S. Department of Education focuses on efforts to improve credit management and debt collection. Topics discussed are the credit management initiative, the extent of the problem, improvements, the Housing and Facilities Loan Program, and the significance of the Debt Collection Act of 1982. (JOW)

  2. Credit Ratings and Bank Monitoring Ability

    NARCIS (Netherlands)

    Nakamura, L.I.; Roszbach, K.

    2010-01-01

    In this paper we use credit rating data from two Swedish banks to elicit evidence on these banks’ loan monitoring ability. We do so by comparing the ability of bank ratings to predict loan defaults relative to that of public ratings from the Swedish credit bureau. We test the banks’ abilility to for

  3. 75 FR 64785 - Corporate Credit Unions

    Science.gov (United States)

    2010-10-20

    ... corporate credit union capital, investments, asset-liability management, governance, and credit union... governance provisions; and limit a corporate CUSO to categories of services preapproved by NCUA. In addition..., and whether to make modifications in the area of corporate governance. NCUA received some 445...

  4. Potentials in Asian Export Credit Cooperation

    Institute of Scientific and Technical Information of China (English)

    2004-01-01

    "Mekong River Regional Development Project advocated by Asian Development Bank (ADB) has been implemented. Trans-Asia Railway and Trans-Asia Highway are being discussed. It is a good opportunity for Asian Export Credit Agencies (ECAs) to cooperate and financing these large crossboarder projects."On May 11, at the 10th Annual Meeting of Asian Export Credit Agencies,

  5. Credit Participation and Credit Source Selection of Vietnam Small and Medium Enterprises

    Directory of Open Access Journals (Sweden)

    Nguyen Anh Hoang

    2014-10-01

    Full Text Available This study is an attempt to investigate the motivation behind the decision to participate in the credit market of SMEs from perspectives of behavioral finance and social capital theories. In addi- tion, the study also examines the effect of behavioral finance and social capital factors on the credit source selection among SMEs. This study’s design strategy involves conducting questionnaire sur- veys to SMEs owners and statistical techniques to analyze the determinants of credit participation and credit source selection of borrowers. The findings showed that personal traits of SMEs owners/ managers in terms of behavioral finance factors such as debt and risk attitudes, present biased and overconfidence and firms networking also have impacts on the firms’ credit participation and credit source selection. The research is one of the few studies that consider the influence of behavioral finance factors on firms financing decision. Furthermore, our result also contributes to explain the common use of informal credit market in developing countries.

  6. Meeting Summary, Credit Trading Work Group

    Energy Technology Data Exchange (ETDEWEB)

    Kevin Bryan

    2000-12-07

    OAK-B135 Credit Trading Work Group Meeting Summary. The purpose of the meeting is to: (1) Provide an opportunity for NWCC Work Group Members, NWCC Members, and invited expert participants to hear an overview of the draft NWCC Credit Trading Report and to critically review and discuss the report's recommendations and principles. (2) Hear presentations from several perspectives of other experts on credit trading which provide: (a) a brief summary of credit trading activities they are involved in, and (b) critical responses to the NWCC draft report. (3) Identify how the report can be improved at the big picture level. Attempt to resolve issues or concerns if necessary. (4) Discuss the recommendations and credit trading principles in detail and attempt to reach consensus on these sections for presentation to the NWCC. (5) Discuss if any of the outreach and communication recommendations in the report should be conducted by the NWCC.

  7. Sovereign Credit Risk, Liquidity and ECB Intervention

    DEFF Research Database (Denmark)

    Pelizzon, Loriana; Subrahmanyam, Marti G.; Tomio, Davide

    This paper explores the interaction between credit risk and liquidity, in the context of the intervention by the European Central Bank (ECB), during the Euro-zone crisis. The laboratory for our investigation is the Italian sovereign bond market, the largest in the Euro-zone. We use a unique data...... break following the announcement of the implementation of the Long-Term Re nancing Operations (LTRO) by the European Central Bank (ECB) on December 8, 2012. The improvement in liquidity in the Italian government bond market strongly attenuated the dynamic relationship between credit risk and market...... between changes in Italian sovereign credit risk and liquidity in the secondary bond market, conditional on the level of credit risk, measured by the Italian sovereign credit default swap (CDS) spread. We demonstrate the existence of a threshold of 500 basis points (bp) in the CDS spread, above which...

  8. An empirical approach to the credit risk assessment of a microfinance institution in Peru

    Directory of Open Access Journals (Sweden)

    Juan Lara Rubio

    2011-06-01

    Full Text Available The growth of micro-credit along with the excellent conditions to carry out microfinance activity in the economy and financial system of the Republic of Peru are pushing for Microfinance Institutions (IMF increased competition with banks in this segment business. Like in commercial banks, in microfinance questions such as: is this customer profitable?, What is the credit limit that I must accept to his/her application?, What interest rate should I charge to him/ her?, How I can reduce the risk default?, etc., are matters to be assessed properly. We propose a method that could facilitate improvement in customer qualification between failed and not failed. To this end, we propose a methodology that analyzes credit risk in the provision of microcredit through the design of a credit scoring model that we apply to a Development Agency for Small and Micro Enterprise (EDPYME, which is an IMF under the supervision by the Banking and Insurance Superintendency (SBS.

  9. Integration Of Company’s Financial Data In Credit Risk Assessment Using A Multidimensional Model

    Directory of Open Access Journals (Sweden)

    Maria – Monica Haralambie

    2015-12-01

    Full Text Available This paper is a detailed overview from theoretical and practical perspectives of a scoring system used by a financial institution in assessing the credit risk of a corporate client. The objective of this research was to demonstrate the importance of a scoring system for a credit institution when approving a loan application of a potential borrower. The complexity and importance of the topic makes it a subject of high interest for all type of credit institutions. We believe that through this work we were able to bring into discussion only a part of the specific issues related to credit risk management scoring systems and we believe that this work represents a support for future research

  10. Influence of credit scoring on the dynamics of Markov chain

    Science.gov (United States)

    Galina, Timofeeva

    2015-11-01

    Markov processes are widely used to model the dynamics of a credit portfolio and forecast the portfolio risk and profitability. In the Markov chain model the loan portfolio is divided into several groups with different quality, which determined by presence of indebtedness and its terms. It is proposed that dynamics of portfolio shares is described by a multistage controlled system. The article outlines mathematical formalization of controls which reflect the actions of the bank's management in order to improve the loan portfolio quality. The most important control is the organization of approval procedure of loan applications. The credit scoring is studied as a control affecting to the dynamic system. Different formalizations of "good" and "bad" consumers are proposed in connection with the Markov chain model.

  11. Important and Critical Issues of Complying Presentation Based Upon Letter of Credit (L/C Payment

    Directory of Open Access Journals (Sweden)

    Ömer Özkan

    2016-12-01

    Full Text Available In this study, there is suggested proposals and determined about such a way must be followed in complying presentation in accordance with letter of credit payment and the faults of exporting companies specific to Turkey in this issue. Beneficiary needs to provide complying presentation after preparing the papers appropriately at first letter of credit terms, rules of UCP 600 and ISBP 745 for applicant bank and if available confirming bank’s pay obligation could continue against beneficiary company in letter of credit payment. Since provided complying presentation ability requires a certain level of experience and expertness; it is observed about exporter companies in Turkey localized, receive export prices late and pay extra charges/commissions, could not benefit from pay obligation guarantee of applicant bank and if available confirming bank because of their generally discrepant document, facing contradiction in terms on this complying document preparing. Moreover, a various letter of credit condition which are disadvantages of exporters and could be caused financial losses are discussed and includes advices in this study. Based upon the findings, there is determined about most important reason of the companies could not provide complying presentation is preparing certain documents within letter of credit conditions incorrect, and it is shown how to prepare the subjected documents appropriately to letter of credit payment as considering their main and critical properties.

  12. Improving Software Citation and Credit

    CERN Document Server

    Allen, Alice; DuPrie, Kimberly; Mink, Jessica; Nemiroff, Robert; Robitaille, Thomas; Shamir, Lior; Shortridge, Keith; Taylor, Mark; Teuben, Peter; Wallin, John

    2015-01-01

    The past year has seen movement on several fronts for improving software citation, including the Center for Open Science's Transparency and Openness Promotion (TOP) Guidelines, the Software Publishing Special Interest Group that was started at January's AAS meeting in Seattle at the request of that organization's Working Group on Astronomical Software, a Sloan-sponsored meeting at GitHub in San Francisco to begin work on a cohesive research software citation-enabling platform, the work of Force11 to "transform and improve" research communication, and WSSSPE's ongoing efforts that include software publication, citation, credit, and sustainability. Brief reports on these efforts were shared at the BoF, after which participants discussed ideas for improving software citation, generating a list of recommendations to the community of software authors, journal publishers, ADS, and research authors. The discussion, recommendations, and feedback will help form recommendations for software citation to those publishers...

  13. Credit Supply and Corporate Innovation

    DEFF Research Database (Denmark)

    Amore, Mario Daniele; Schneider, Cédric; Zaldokas, Alminas

    We present evidence that banking development plays a key role in technological progress. We focus on firms’ innovative performance, measured by patent-based metrics, and employ exogenous variations in banking development arising from the staggered deregulation of banking activities across U.S. st...... by a greater ability of deregulated banks to geographically diversify credit risk.......We present evidence that banking development plays a key role in technological progress. We focus on firms’ innovative performance, measured by patent-based metrics, and employ exogenous variations in banking development arising from the staggered deregulation of banking activities across U.......S. states during the 1980s and 1990s. We find that deregulation had significant beneficial effects on the quantity and quality of innovation activities, especially for firms highly dependent on external capital and located closer to entering banks. Furthermore, we find that these results are partly driven...

  14. Credit Supply and Corporate Innovation

    DEFF Research Database (Denmark)

    Amore, Mario Daniele; Schneider, Cédric; Žaldokas, Alminas

    2013-01-01

    We present evidence that banking development plays a key role in technological progress. We focus on manufacturing firms' innovative performance, measured by patent-based metrics, and employ exogenous variations in banking development arising from the staggered deregulation of banking activities ...... that these results are strongly driven by a greater ability of deregulated banks to geographically diversify credit risk.......We present evidence that banking development plays a key role in technological progress. We focus on manufacturing firms' innovative performance, measured by patent-based metrics, and employ exogenous variations in banking development arising from the staggered deregulation of banking activities...... across US states during the 1980s and 1990s. We find that interstate banking deregulation had significant beneficial effects on the quantity and quality of innovation activities, especially for firms highly dependent on external capital and located closer to entering banks. Furthermore, we find...

  15. Credit Risk Transfer and Crunches

    DEFF Research Database (Denmark)

    Wigan, Duncan

    2010-01-01

    banks as risk navigators and generated a competitive hierarchy within the global banking industry determined on a gauge of this capacity. This private regulatory regime promoted market inflation and rendered institutional liquidity and risk transfer definitive of market power. In turn, a ballooning...... credit derivatives market broke the limits of financial production and defined state actions in the face of crisis. A shift from a central concern with solvency to that of liquidity thinly masks a profound redistribution of power from the public to the private. By swapping private assets of uncertain...... value for government bonds, central banks have effectively recognised that the products of innovation in the private sphere are global money. The state is in a curious bind. It takes on limitless exposure to private liabilities while its reform agenda is constrained to calling for greater levels...

  16. Credit card spending limit and personal finance: system dynamics approach

    Directory of Open Access Journals (Sweden)

    Mirjana Pejić Bach

    2014-03-01

    Full Text Available Credit cards have become one of the major ways for conducting cashless transactions. However, they have a long term impact on the well being of their owner through the debt generated by credit card usage. Credit card issuers approve high credit limits to credit card owners, thereby influencing their credit burden. A system dynamics model has been used to model behavior of a credit card owner in different scenarios according to the size of a credit limit. Experiments with the model demonstrated that a higher credit limit approved on the credit card decreases the budget available for spending in the long run. This is a contribution toward the evaluation of action for credit limit control based on their consequences.

  17. FACTORING- CREDIT OPPORTUNITIES IN ROMANIA

    Directory of Open Access Journals (Sweden)

    ADELA IONESCU

    2013-05-01

    Full Text Available Capital is the main factor of production, business development becomes virtually impossible without taking into account the financial market and the resources it provides to businesses. Any business, regardless of its degree of development, is involving direct contact with financial markets, namely the institutions that mediate mobilization of capital and the services they provide. Understanding the functioning of the financial system, the specific financial mechanisms through which savings are allocated to support capital investments and the costs and risks involved is essential for the development of a solid base for business. In this context, factoring operations can support economic agents, allowing a transfer of commercial receivables from their holder to a factor who commits to their recovery and guarantee such operations even if temporary or permanent insolvency of the debtor . Thus, factoring is a complex technique in at least two aspects, of the debt and the transfer of credit. . Factoring is a means of financing business, especially export-import transactions, less known in Romania. Maybe because of poor business environment popularize the term is as little known as it was a few years ago the leasing. Present in Romanian legislation since 2002, factoring appears as a contract between one party (called adherent, providing goods or service and a banking company or a financial institution specialized (called factor, which the last one shall finance debts pursuing and preservation against credit risks and adherent gives factor by way of sale, debts arising from the sale of goods or services to third parties. The article is divided into three parts. In the first part we defined the concept of factoring and international factoring, then I presented the advantages and development of factoring in Romania, and the last part conclusions.

  18. Temperature and Burnup Correlated FCCI in U-10Zr Metallic Fuel

    Energy Technology Data Exchange (ETDEWEB)

    William J. Carmack

    2012-05-01

    Metallic fuels are proposed for use in advanced sodium cooled fast reactors. The experience basis for metallic fuels is extensive and includes development and qualification of fuels for the Experimental Breeder Reactor I, the Experimental Breeder Reactor II, FERMI-I, and the Fast Flux Test Facility (FFTF) reactors. Metallic fuels provide a number of advantages over other fuel types in terms of fabricability, performance, recyclability, and safety. Key to the performance of all nuclear fuel systems is the resistance to “breach” and subsequent release of fission products and fuel constituents to the primary coolant system of the nuclear power plant. In metallic fuel, the experience is that significant fuel-cladding chemical (FCCI) interaction occurs and becomes prevalent at high power-high temperature operation and ultimately leads to fuel pin breach and failure. Empirical relationships for metallic fuel pin failure have been developed from a large body of in-pile and out of pile research, development, and experimentation. It has been found that significant in-pile acceleration of the FCCI rate is experienced over similar condition out-of-pile experiments. The study of FCCI in metallic fuels has led to the quantification of in-pile failure rates to establish an empirical time and temperature dependent failure limit for fuel elements. Up until now the understanding of FCCI layer formation has been limited to data generated in EBR-II experiments. This dissertation provides new FCCI data extracted from the MFF-series of metallic fuel irradiations performed in the FFTF. These fuel assemblies contain valuable information on the formation of FCCI in metallic fuels at a variety of temperature and burnup conditions and in fuel with axial fuel height three times longer than EBR-II experiments. The longer fuel column in the FFTF and the fuel pins examined have significantly different flux, power, temperature, and FCCI profiles than that found in similar tests conducted in

  19. Long-range Ising model for credit portfolios with heterogeneous credit exposures

    Science.gov (United States)

    Kato, Kensuke

    2016-11-01

    We propose the finite-size long-range Ising model as a model for heterogeneous credit portfolios held by a financial institution in the view of econophysics. The model expresses the heterogeneity of the default probability and the default correlation by dividing a credit portfolio into multiple sectors characterized by credit rating and industry. The model also expresses the heterogeneity of the credit exposure, which is difficult to evaluate analytically, by applying the replica exchange Monte Carlo method to numerically calculate the loss distribution. To analyze the characteristics of the loss distribution for credit portfolios with heterogeneous credit exposures, we apply this model to various credit portfolios and evaluate credit risk. As a result, we show that the tail of the loss distribution calculated by this model has characteristics that are different from the tail of the loss distribution of the standard models used in credit risk modeling. We also show that there is a possibility of different evaluations of credit risk according to the pattern of heterogeneity.

  20. Source Term Analysis for Reactor Coolant System with Consideration of Fuel Burnup

    Energy Technology Data Exchange (ETDEWEB)

    Lee, Yu Jong; Ahn, Joon Gi; Hwang, Hae Ryong [KEPCO EnC, Daejeon (Korea, Republic of)

    2015-10-15

    The radiation source terms in reactor coolant system (RCS) of pressurized water reactor (PWR) are basic design information for ALARA design such as radiation protection and shielding. Usually engineering companies own self-developed computer codes to estimate the source terms in RCS. DAMSAM and FIPCO are the codes developed by engineering companies. KEPCO E and C has developed computer code, RadSTAR, for use in the Radiation Source Term Analysis for Reactor coolant system during normal operation. The characteristics of RadSTAR are as follows. (1) RadSTAR uses fuel inventory data calculated by ORIGEN, such as ORIGEN2 or ORIGEN-S to consider effects of the fuel burnup. (2) RadSTAR estimates fission products by using finite differential method and analytic method to minimize numerical error. (3) RadSTAR enhances flexibility by adding the function to build the nuclide data library (production pathway library) for user-defined nuclides from ORIGEN data library. (4) RadSTAR consists of two modules. RadSTAR-BL is to build the nuclide data library. RadSTAR-ST is to perform numerical analysis on source terms. This paper includes descriptions on the numerical model, the buildup of nuclide data library, and the sensitivity analysis and verification of RadSTAR. KEPCO E and C developed RadSTAR to calculate source terms in RCS during normal operation. Sensitivity analysis and accuracy verification showed that RadSTAR keeps stability at Δt of 0.1 day and gives more accurate results in comparison with DAMSAM. After development, RadSTAR will replace DAMSAM. The areas, necessary to further development of RadSTAR, are addition of source term calculations for activation products and for shutdown operation.

  1. FY14 Status Report: CIRFT Testing Results on High Burnup UNF

    Energy Technology Data Exchange (ETDEWEB)

    Wang, Jy-An John [ORNL; Wang, Hong [ORNL; Jiang, Hao [ORNL

    2014-09-01

    The objective of this project is to perform a systematic study of SNF/UNF (spent nuclear fuel/or used nuclear fuel) integrity under simulated transportation environments by using hot cell testing technology developed recently at Oak Ridge National Laboratory (ORNL), CIRFT (Cyclic Integrated Reversible-Bending Fatigue Tester). Under Nuclear Regulatory Commission (NRC) sponsorship, ORNL completed four benchmarking tests, four static tests, and twelve dynamic or cycle tests on H. B. Robinson (HBR) high burn-up (HBU) fuel. With support from the US Department of Energy and the NRC, CIRFT testing has been continued. The CIRFT testing was conducted on three HBR rods (R3, R4, and R5), with two specimens failed and one specimen un-failed. The total number of cycles in the test of un-failed specimens went over 2.23 107; the test was stopped as because the specimen did not show any sign of failure. The data analysis on all the HBR SNF rods demonstrated that it is necessary to characterize the fatigue life of used fuel rods in terms of both the curvature amplitude and the maximum of absolute of curvature extremes. The latter is significant because the maxima of extremes signify the maximum of tensile stress of the outer fiber of the bending rod. So far, a large variety of hydrogen contents has been covered in the CIRFT testing on HBR rods. It has been shown that the load amplitude is the dominant factor that controls the lifetime of bending rods, but the hydrogen content also has an important effect on the lifetime attained, according to the load range tested.

  2. Modelling the predictive performance of credit scoring

    Directory of Open Access Journals (Sweden)

    Shi-Wei Shen

    2013-02-01

    Full Text Available Orientation: The article discussed the importance of rigour in credit risk assessment.Research purpose: The purpose of this empirical paper was to examine the predictive performance of credit scoring systems in Taiwan.Motivation for the study: Corporate lending remains a major business line for financial institutions. However, in light of the recent global financial crises, it has become extremely important for financial institutions to implement rigorous means of assessing clients seeking access to credit facilities.Research design, approach and method: Using a data sample of 10 349 observations drawn between 1992 and 2010, logistic regression models were utilised to examine the predictive performance of credit scoring systems.Main findings: A test of Goodness of fit demonstrated that credit scoring models that incorporated the Taiwan Corporate Credit Risk Index (TCRI, micro- and also macroeconomic variables possessed greater predictive power. This suggests that macroeconomic variables do have explanatory power for default credit risk.Practical/managerial implications: The originality in the study was that three models were developed to predict corporate firms’ defaults based on different microeconomic and macroeconomic factors such as the TCRI, asset growth rates, stock index and gross domestic product.Contribution/value-add: The study utilises different goodness of fits and receiver operator characteristics during the examination of the robustness of the predictive power of these factors.

  3. Credit risk assessment: Evidence from banking industry

    Directory of Open Access Journals (Sweden)

    Hassan Ghodrati

    2014-08-01

    Full Text Available Measuring different risk factors such as credit risk in banking industry has been an interesting area of studies. The artificial neural network is a nonparametric method developed to succeed for measuring credit risk and this method is applied to measure the credit risk. This research’s neural network follows back propagation paradigm, which enables it to use historical data for predicting future values with very good out of sample fitting. Macroeconomic variables including GDP, exchange rate, inflation rate, stock price index, and M2 are used to forecast credit risk for two Iranian banks; namely Saderat and Sarmayeh over the period 2007-2011. Research data are being tested for ADF and Causality Granger tests before entering the ANN to achieve the best lag structure for the research model. MSE and R values for the developed ANN in this research respectively are 86×〖10〗^(-4 and 0.9885, respectively. The results showed that ANN was able to predict banks’ credit risk with low error. Sensibility analyses which has accomplished on this research’s ANN corroborates that M2 has the highest effect on the ANN’s credit risk and should be considered as an additional leading indicator by Iran’s banking authorities. These matters confirm validation of macroeconomic notions in Iran’s credit systematic risk.

  4. Kredi Kartının Plansız Satın Alma Davranışına Etkisi: Karabük Üniversitesi Akademik Personeline Yönelik Bir Uygulama / The effect of Credit Card on Impulse Purchase: An application for the Academic staff of Karabuk University

    Directory of Open Access Journals (Sweden)

    Selçuk Yurtsever

    2012-12-01

    Full Text Available Kredi kartı kullanımının giderek yaygınlaşması, satın alma eylemlerinde ödeme kolaylığı sağlayarak hayatı kolaylaştırmasının yanı sıra tüketimi ve ihtiyaç fazlası satın almayı artırarak tüketicilerin gereksiz ürünlere sahip olmalarına ve kredi kartı borçlarını ödemede zorluk çekmelerine neden olmaktadır. Bu araştırma kredi kartının kontrolsüz bir tüketici davranışı olan plansız satın alma davranışlarına etkisini incelemektedir. Araştırma kapsamında Türkiye’de sosyo-ekonomik sınıf olarak en üst sınıfın bir altı olan B sosyo-ekonomik sınıf içerisinde yer alan akademisyenlerin kredi kartı kullanımları ele alınmaktadır. Bu bağlamda Karabük Üniversitesi akademik personeline anket uygulaması yapılmıştır. Anket sonucu ulaşılan verilere, Yüzde Analizi, Mertebeli Dereceleme ve Tek Faktörlü Çoklu Varyans Analizi (MANOVA uygulanmaktadır. Araştırma sonuçlarına göre araştırmaya katılan akademisyenlerin kredi kartını kontrollü ve bilinçli kullandıkları ve kredi kartı kullanımlarının plansız satın alma davranışına neden olmadığı ifade edilebilir. The effect of Credit Card on Impulse Purchase: An application for the Academic staff of Karabuk University Along with providing facility in payment, the widening use of credit cards also increases consumption and causes consumers to buy non-essential products and experience difficulties in paying their credit card debts by increasing surplus purchases. This research focuses on the effects of credit cards on impulse purchase, which is an uncontrolled consumer behavior. Within the scope of the research, the use of credit cards by academicians in the socio-economic class B which comes next after the top level socio-economic class in Turkey is assessed. In this context, a survey is carried out with the academic staff of Karabuk University. The data acquired as the result of the survey is evaluated with

  5. Transitive Credit and JSON-LD

    Directory of Open Access Journals (Sweden)

    Daniel S. Katz

    2015-11-01

    Full Text Available Science and engineering research increasingly relies on activities that facilitate research but are not currently rewarded or recognized, such as: data sharing; developing common data resources, software and methodologies; and annotating data and publications. To promote and advance these activities, we must develop mechanisms for assigning credit, facilitate the appropriate attribution of research outcomes, devise incentives for activities that facilitate research, and allocate funds to maximize return on investment. In this article, we focus on addressing the issue of assigning credit for both direct and indirect contributions, specifically by using JSON-LD to implement a prototype transitive credit system.

  6. The Impact of Credit on Village Economies.

    Science.gov (United States)

    Kaboski, Joseph P; Townsend, Robert M

    2012-04-01

    This paper evaluates the short-term impact of Thailand's 'Million Baht Village Fund'program, among the largest scale government microfinance iniative in the world, using pre- and post-program panel data and quasi-experimental cross-village variation in credit-per-household. We find that the village funds have increased total short-term credit, consumption, agricultural investment, income growth (from business and labor), but decreased overall asset growth. We also find a positive impact on wages, an important general equilibrium effect. The findings are broadly consistent qualitatively with models of credit-constrained household behavior and models of intermediation and growth.

  7. Optimizing congestion and emissions via tradable credit charge and reward scheme without initial credit allocations

    Science.gov (United States)

    Zhu, Wenlong; Ma, Shoufeng; Tian, Junfang

    2017-01-01

    This paper investigates the revenue-neutral tradable credit charge and reward scheme without initial credit allocations that can reassign network traffic flow patterns to optimize congestion and emissions. First, we prove the existence of the proposed schemes and further decentralize the minimum emission flow pattern to user equilibrium. Moreover, we design the solving method of the proposed credit scheme for minimum emission problem. Second, we investigate the revenue-neutral tradable credit charge and reward scheme without initial credit allocations for bi-objectives to obtain the Pareto system optimum flow patterns of congestion and emissions; and present the corresponding solutions are located in the polyhedron constituted by some inequalities and equalities system. Last, numerical example based on a simple traffic network is adopted to obtain the proposed credit schemes and verify they are revenue-neutral.

  8. Income Impacts of Credit on Accessed Households in Rural Vietnam: Do Various Credit Sources Perform Differently?

    Directory of Open Access Journals (Sweden)

    D. X. Luan

    2016-03-01

    Full Text Available This study uses the Propensity Score Matching to examine the income impact of different credit sources on accessed households in the Northern Mountains of Vietnam. Results show that overall rural credit serves an important role in improving household income with respect to total income, per capita income and non- farm income. However, different credit affects recipients heterogeneously. Whereas a significant increase in household income can be achieved through accessing commercial and informal loans, there is no significant increase of all income components associated recipients of preferential credit. These results imply that a successful credit scheme needs to consider variations in transaction costs, disbursement scheme, loan characteristics and typical socio-economic conditions of credit recipients.

  9. Development of Monteburns: A Code That Links MCNP and ORIGEN2 in an Automated Fashion for Burnup Calculations

    Energy Technology Data Exchange (ETDEWEB)

    Holly R. Trellue

    1998-12-01

    Monteburns is a fully automated tool that links the Monte Carlo transport code MCNP with the radioactive decay and burnup code 0RIGEN2. Monteburns produces many criticality and burnup computational parameters based on material feed/removal specifications, power(s), and time intervals. This code processes input from the user indicating the system geometry, initial material compositions, feed/removal, and other code-specific parameters. Results from MCNP, 0RIGEN2, and other calculations are then output successively as the code runs. The principle function of monteburns is to first transfer one-group cross sections and fluxes from MCNP to 0RIGEN2, and then transfer the resulting material compositions (after irradiation and/or decay) from 0RIGEN2 back to MCNP in a repeated, cyclic fashion. The main requirement of the code is that the user have a working MCNP input file and other input parameters; all interaction with 0RIGEN2 and other calculations are performed by monteburns. This report presents the results obtained from the benchmarking of monteburns to measured and previously obtained data from traditional Light Water Reactor systems. The majority of the differences seen between the two were less than five percent. These were primarily a result of variances in cross sections between MCNP, cross section libraries used by other codes, and observed values. With this understanding, this code can now be used with confidence for burnup calculations in three-dimensional systems. It was designed for use in the Accelerator Transmutation of Waste project at Los Alamos National Laboratory but is also being applied to the analysis of isotopic production/destruction of transuranic actinides in a reactor system. The code has now been shown to sufficiently support these calculations.

  10. Crediting Businesses as a Form of Financial Support

    Directory of Open Access Journals (Sweden)

    Kalinichenko Liudmyla L.

    2015-03-01

    Full Text Available In the article the modern methods of crediting businesses in Ukraine have been considered and practical recommendations on choosing a particular form and method of crediting, which depends on the characteristics of the borrower activities, its creditworthiness, crediting purposes and objects have been offered. Today the most common crediting methods in the banking practice are: credit line, overdraft, non-instalment term credit. Each of these methods has its own characteristics, which are suitable for specific areas of the organization activity. It has been found that the credit line benefit is that the borrower is given an opportunity within the fixed limit to use the credit funds immediately at the moment the need arises, which in its turn allows reducing the cost of the credit servicing, however, the main disadvantage of this method of crediting is that in the case of difficulties with the repayment of the previous tranche the bank may reduce or cancel the credit limit and enter an additional fee on the unclaimed credit line limit. Overdraft crediting is characterized by a rapid procedure of obtaining a credit, can be granted without security, does not have a targeted character, allows providing payments from the current account, at the same time the interest rate on the overdraft is higher than that on other credits, and another disadvantage is the requirement of mandatory and in a certain, relatively short time repaying the credit. Crediting in terms of lump-sum cash disbursement is characterized by simplicity in granting and consistency in the organization of the crediting process, but the accrual of interests occurs immediately after the transfer of funds to the borrower on the full amount of the received credit. Thus, when deciding on obtaining a bank credit the entrepreneur has to choose one or another method of crediting taking into account all the advantages and disadvantages of the chosen method.

  11. 16 CFR 444.2 - Unfair credit practices.

    Science.gov (United States)

    2010-01-01

    ... 16 Commercial Practices 1 2010-01-01 2010-01-01 false Unfair credit practices. 444.2 Section 444.2 Commercial Practices FEDERAL TRADE COMMISSION TRADE REGULATION RULES CREDIT PRACTICES § 444.2 Unfair credit practices. (a) In connection with the extension of credit to consumers in or affecting commerce, as...

  12. 25 CFR 140.23 - Credit at trader's risk.

    Science.gov (United States)

    2010-04-01

    ... 25 Indians 1 2010-04-01 2010-04-01 false Credit at trader's risk. 140.23 Section 140.23 Indians....23 Credit at trader's risk. Credit given Indians will be at the trader's own risk, as no assistance... accept pawns or pledges of personal property by Indians to obtain credit or loans....

  13. 12 CFR 702.108 - Risk mitigation credit.

    Science.gov (United States)

    2010-01-01

    ... 12 Banks and Banking 6 2010-01-01 2010-01-01 false Risk mitigation credit. 702.108 Section 702.108... CORRECTIVE ACTION Net Worth Classification § 702.108 Risk mitigation credit. (a) Who may apply. A credit union may apply for a risk mitigation credit if on any of the current or three preceding effective...

  14. 11 CFR 100.55 - Extension of credit.

    Science.gov (United States)

    2010-01-01

    ... substantially similar to extensions of credit to nonpolitical debtors that are of similar risk and size of... 11 Federal Elections 1 2010-01-01 2010-01-01 false Extension of credit. 100.55 Section 100.55... Contribution (2 U.S.C. 431(8)) § 100.55 Extension of credit. The extension of credit by any person is...

  15. 12 CFR 715.5 - Audit of Federal Credit Unions.

    Science.gov (United States)

    2010-01-01

    ... 12 Banks and Banking 6 2010-01-01 2010-01-01 false Audit of Federal Credit Unions. 715.5 Section 715.5 Banks and Banking NATIONAL CREDIT UNION ADMINISTRATION REGULATIONS AFFECTING CREDIT UNIONS SUPERVISORY COMMITTEE AUDITS AND VERIFICATIONS § 715.5 Audit of Federal Credit Unions. (a) Total assets...

  16. 12 CFR 614.4000 - Farm Credit Banks.

    Science.gov (United States)

    2010-01-01

    ... 12 Banks and Banking 6 2010-01-01 2010-01-01 false Farm Credit Banks. 614.4000 Section 614.4000 Banks and Banking FARM CREDIT ADMINISTRATION FARM CREDIT SYSTEM LOAN POLICIES AND OPERATIONS Lending Authorities § 614.4000 Farm Credit Banks. (a) Long-term real estate lending. Except to the extent...

  17. 12 CFR 614.4010 - Agricultural credit banks.

    Science.gov (United States)

    2010-01-01

    ... 12 Banks and Banking 6 2010-01-01 2010-01-01 false Agricultural credit banks. 614.4010 Section 614.4010 Banks and Banking FARM CREDIT ADMINISTRATION FARM CREDIT SYSTEM LOAN POLICIES AND OPERATIONS Lending Authorities § 614.4010 Agricultural credit banks. (a) Long-term real estate lending. Except to...

  18. 12 CFR 226.21 - Treatment of credit balances.

    Science.gov (United States)

    2010-01-01

    ... 12 Banks and Banking 3 2010-01-01 2010-01-01 false Treatment of credit balances. 226.21 Section... SYSTEM TRUTH IN LENDING (REGULATION Z) Closed-End Credit § 226.21 Treatment of credit balances. When a credit balance in excess of $1 is created in connection with a transaction (through transmittal of...

  19. 12 CFR 226.11 - Treatment of credit balances.

    Science.gov (United States)

    2010-01-01

    ... 12 Banks and Banking 3 2010-01-01 2010-01-01 false Treatment of credit balances. 226.11 Section... SYSTEM TRUTH IN LENDING (REGULATION Z) Open-End Credit § 226.11 Treatment of credit balances. When a... convenience of the user, the revised text is set forth as follows: § 226.11 Treatment of credit...

  20. 75 FR 9093 - Extensions of Credit by Federal Reserve Banks

    Science.gov (United States)

    2010-03-01

    ... CFR Part 201 Extensions of Credit by Federal Reserve Banks AGENCY: Board of Governors of the Federal... primary credit rate at each Federal Reserve Bank. ] The secondary credit rate at each Reserve Bank automatically increased by formula as a result of the Board's primary credit rate action. DATES: The...

  1. 12 CFR 611.505 - Farm Credit Administration review.

    Science.gov (United States)

    2010-01-01

    ... 12 Banks and Banking 6 2010-01-01 2010-01-01 false Farm Credit Administration review. 611.505 Section 611.505 Banks and Banking FARM CREDIT ADMINISTRATION FARM CREDIT SYSTEM ORGANIZATION Transfer of Authorities § 611.505 Farm Credit Administration review. (a) Upon receipt of the board of directors...

  2. 40 CFR 1042.715 - Banking emission credits.

    Science.gov (United States)

    2010-07-01

    ... 40 Protection of Environment 32 2010-07-01 2010-07-01 false Banking emission credits. 1042.715..., Banking, and Trading for Certification § 1042.715 Banking emission credits. (a) Banking is the retention of emission credits by the manufacturer generating the emission credits for use in future model...

  3. Inside the credit boom: Competition, Segmentation and Information - evidence from Serbian credit market

    OpenAIRE

    Dimitrijevic, Jasna; Najman , Boris

    2008-01-01

    In the context of rapid credit growth, the present paper investigates the supply side of the Serbian credit market. We use an on-site survey of banks aiming to describe financial intermediation by scanning the interest rates and other lending terms in Serbia. Findings from the survey suggest that the credit market is largely non-homogeneous and segmented, but with an increasing presence of competition. Motivated by these findings, we further use an original data set from the financial stateme...

  4. Income Impacts of Credit on Accessed Households in Rural Vietnam: Do Various Credit Sources Perform Differently?

    OpenAIRE

    D. X. Luan; S. Bauer; R. Kuhl

    2016-01-01

    This study uses the Propensity Score Matching to examine the income impact of different credit sources on accessed households in the Northern Mountains of Vietnam. Results show that overall rural credit serves an important role in improving household income with respect to total income, per capita income and non- farm income. However, different credit affects recipients heterogeneously. Whereas a significant increase in household income can be achieved through accessing commercial and informa...

  5. Study of the triton-burnup process in different JET scenarios using neutron monitor based on CVD diamond

    Science.gov (United States)

    Nemtsev, G.; Amosov, V.; Meshchaninov, S.; Popovichev, S.; Rodionov, R.

    2016-11-01

    We present the results of analysis of triton burn-up process using the data from diamond detector. Neutron monitor based on CVD diamond was installed in JET torus hall close to the plasma center. We measure the part of 14 MeV neutrons in scenarios where plasma current varies in a range of 1-3 MA. In this experiment diamond neutron monitor was also able to detect strong gamma bursts produced by runaway electrons arising during the disruptions. We can conclude that CVD diamond detector will contribute to the study of fast particles confinement and help predict the disruption events in future tokamaks.

  6. Formal and informal credit in four provinces of Vietnam

    DEFF Research Database (Denmark)

    Barslund, Mikkel; Tarp, Finn

    2008-01-01

    This paper uses a survey of 932 rural households to uncover how the rural credit market operates in Vietnam. Households obtain credit through formal and informal lenders. Formal loans are almost entirely for production and asset accumulation, while informal loans are used for consumption...... smoothening. The determinants of formal and informal credit demand are distinct. While credit rationing depends on education and credit history, in particular, regional differences in the demand for credit are striking. A 'one size fits all' approach to credit policy in Vietnam would be inappropriate...

  7. Indian Kisan Credit Card Scheme: An Analytical Study

    Directory of Open Access Journals (Sweden)

    Dharmendra Mehta

    2016-03-01

    Full Text Available Kisan Credit Card (KCC has now been regarded as the only medium of short-term credit for agriculture. The Kisan Credit Card (KCC scheme was introduced by the Finance Minister in his budget speech in the year 1998-99. From the year 1998-99, the scheme was implemented by public sector commercial banks, RRBs (Regional Rural Banks and cooperative banks in the country. It has emerged as an innovative credit distribution system to meet the production credit requirements of the farmers in a timely and easy manner. The present paper is aimed to study role of Kisan Credit Card in the rural credit facilitation in India.

  8. Credit cues and impression management: a preliminary attempt to explain the credit card effect.

    Science.gov (United States)

    McCall, Michael; Trombetta, Jessica; Gipe, Aimee

    2004-08-01

    Prior research had suggested that individuals would estimate higher product values and even tip more in the presence of credit cues. In the absence of a clear theoretical interpretation of this credit card effect we propose that this tendency is an impression management strategy such that credit cue exposure influences perceptions of the self and focuses attention on individual wealth. Thus, in the presence of others, credit cues serve to enhance images of the self. Preliminary data in support of this alternative theoretical perspective are presented.

  9. The public control of credit unions

    Directory of Open Access Journals (Sweden)

    Alberto García Müller

    2006-12-01

    Full Text Available Public control is the activity of investigation or review by the government takes over a company, to verify the conformity of its actions to law. This paper analyzes the control over credit unions.

  10. 48 CFR 1631.201-70 - Credits.

    Science.gov (United States)

    2010-10-01

    ... AND PROCEDURES Contracts With Commercial Organizations 1631.201-70 Credits. The provisions of FAR 31... checks; (d) Utilization review refunds; (e) Contract prescription drug rebates; (f) Volume discounts;...

  11. Securitization, Credit Rating and Issuers’ Characteristics

    Directory of Open Access Journals (Sweden)

    Mauricio Palmada Fernandes

    2014-01-01

    Full Text Available Given the growth of securitization through Credit Receivables Investment Funds (Fundos de Investimento em Direitos Creditórios - FIDCs in Brazil in recent years, this work aims to investigate empirically the relationship between securitization and credit rating in the Brazilian market. All issues of FIDCs held by banks and registered in the CVM from 2005 to July 2010 were analyzed. The two hypotheses discussed by Gorton and Souleles (2005 were confirmed to Brazilian financial institutions. There is evidence of an implied contract between the transferor companies and investors in securitizations made via FIDCs. Companies with higher credit risk, worst ratings, tend to securitize more. However no relationship was found between securitization and asset value, amount of loans or capital ratio.

  12. Dynamic Dependence and Diversification in Corporate Credit

    DEFF Research Database (Denmark)

    Christoffersen, Peter; Jacobs, Kris; Jin, Xisong

    We characterize dependence and tail dependence in corporate credit using a new class of dynamic copula models which can capture dynamic dependence and asymmetry in large samples of firms. We also document important differences between the dependence dynamics for credit spreads and equity returns....... Modeling a decade of weekly CDS spreads for 215 firms, we find that copula correlations are highly time-varying and persistent, and that they increase significantly in the financial crisis and have remained high since. Perhaps most importantly, tail dependence of CDS spreads increases even more than copula...... correlations during the crisis and remains high as well. The most important shocks to credit dependence occur in August of 2007 and in August of 2011, but interestingly these dates are not associated with significant changes to median credit spreads. The decrease in diversification potential caused...

  13. Taxation, credit constraints and the informal economy

    Directory of Open Access Journals (Sweden)

    Julia P. Araujo

    2016-01-01

    Full Text Available This paper extends Evans and Jovanovic (1989's entrepreneurship model to incorporate the informal sector. Specifically, entrepreneurs can operate either in the formal sector – in which they have limited access to credit markets and must pay taxes – or in the informal sector – in which they can avoid paying taxes, but have no access to credit markets. In addition, technology in the informal sector is both less productive and more labor intensive than that in the formal sector. We calibrate the model to the Brazilian economy, and evaluate the impact of credit frictions and taxation on occupational choices, aggregate output and inequality. Removing all distortions can improve aggregate efficiency considerably, largely because this induces entrepreneurs to switch to the formal sector, where the technology is superior. Most of this effect comes from removing credit market frictions, but taxes on formal businesses are also important. The elimination of distortions can also reduce income inequality substantially.

  14. VT New Market Tax Credit - Qualifying Counties

    Data.gov (United States)

    Vermont Center for Geographic Information — (Link to Metadata) The EconOther_NMTC layer delineates New Market Tax Credit (NMTC) "hot zones" and qualified counties and census tracts. This dataset is designed to...

  15. VT New Market Tax Credit - Qualifying Tracts

    Data.gov (United States)

    Vermont Center for Geographic Information — (Link to Metadata) The EconOther_NMTC layer delineates New Market Tax Credit (NMTC) "hot zones" and qualified counties and census tracts. This dataset is designed to...

  16. Sovereign Credit Risk, Liquidity, and ECB Intervention

    DEFF Research Database (Denmark)

    Pelizzon, Loriana; Subrahmanyam, Marti G.; Tomio, Davide

    This paper examines the dynamic relationship between credit risk and liquidity in the sovereign bond market in the context of the European Central Bank (ECB) interventions. Using comprehensive set of liquidity measures obtained from a detailed, quote-level dataset for the largest interdealer market...... for Italian government bonds, we show that changes in credit risk, as measured by the credit default swap (CDS) spread, generally drive the liquidity of the market. The relationship is stronger and tighter when the CDS spread is above 500 basis points. This threshold was estimated endogenously and can...... be ascribed mainly to changes in margins and collateral. Moreover, we show that the long-term refinancing operations (LTRO) intervention by the ECB weakened the sensitivity of the liquidity provision by the market makers to changes in the Italian government's credit risk, by providing them with vastly...

  17. Credit and savings: stepping stones from poverty.

    Science.gov (United States)

    2000-07-01

    This paper presents an interview with Mariame Dem, Zonal Program Manager for West Africa, concerning Oxfam's contribution to financial assets of women in helping them to achieve sustainable livelihoods. It was known that credit could improve the status of women and bargaining position within their household by giving them their own money. Dem said that the program has given grants for revolving credit funds, built women's literacy skills, and has kept them in touch with credit management organizations. Moreover, she said that Oxfam has invested in many micro-credit schemes for the empowerment of women. Their partners have set up a learning group and plan to train and network in the coming years.

  18. VT New Market Tax Credit - Hot Zones

    Data.gov (United States)

    Vermont Center for Geographic Information — (Link to Metadata) The EconOther_NMTC layer delineates New Market Tax Credit (NMTC) "hot zones" and qualified counties and census tracts. This dataset is designed to...

  19. Money and Credit Under Currency Substitution

    OpenAIRE

    Rodriguez, Carlos A.

    1992-01-01

    This paper examines the effects on the supply of money and credit of a repatriation of foreign assets in an economy subject to currency substitution. In the absence of 100 percent reserve requirements, such a change in the location of deposits, which is not compensated by an increase in money demand, induces a credit boom that works itself out through a transitory current account deficit and real currency appreciation. These results are illustrated with data from the recent experience in Arge...

  20. Credit Crunch, Creditor Protection, and Asset Prices

    OpenAIRE

    Galina Hale; Assaf Razin; Hui Tong

    2008-01-01

    In a Tobin's q model with productivity and liquidity shocks, we study the mechanism through which strong creditor protection increases the level and lowers the volatility of stock market prices. There are two channels at work: (1) the Tobin's q value under a credit crunch regime increases with creditor protection; and, (2) the probability of a credit crunch falls for given stochastic processes of underlying shocks when creditor protection improves. We test these predictions by using cross-cou...

  1. Endogenous credit limits with small default costs

    OpenAIRE

    Costas Azariadis; Leo Kaas

    2012-01-01

    We analyze an exchange economy of unsecured credit where borrowers have the option to declare bankruptcy in which case they are temporarily excluded from financial markets. Endogenous credit limits are imposed that are just tight enough to prevent default. Economies with temporary exclusion differ from their permanent exclusion counterparts in two important properties. If households are extremely patient, then the first–best allocation is an equilibrium in the latter economies but not necessa...

  2. Child Labour, Crop Shocks and Credit Constraints

    OpenAIRE

    Beegle, Kathleen; Dehejia, Rajeev H.; Gatti, Roberta

    2005-01-01

    This paper examines the relationship between household income shocks and child labour. In particular, we investigate the extent to which transitory income shocks lead to increases in child labour and whether household access to credit mitigates the effects of these shocks. Using data from a household panel survey in Tanzania, we find that both relationships are significant. We provide evidence that credit constraints could plausibly account for our results, but also discuss alternative interp...

  3. Identifying excessive credit growth and leverage

    OpenAIRE

    Alessi, Lucia; Detken, Carsten

    2014-01-01

    This paper aims at providing policymakers with a set of early warning indicators helpful in guiding decisions on when to activate macroprudential tools targeting excessive credit growth and leverage. To robustly select the key indicators we apply the “Random Forest” method, which bootstraps and aggregates a multitude of decision trees. On these identified key indicators we grow a binary classification tree which derives the associated optimal early warning thresholds. By using credit to GDP g...

  4. Child Labor, Crop Shocks, and Credit Constraints

    OpenAIRE

    Kathleen Beegle; Rajeev Dehejia; Roberta Gatti

    2003-01-01

    This paper examines the relationship between household income shocks and child labor. In particular, we investigate the extent to which transitory income shocks lead to increases in child labor and whether household access to credit mitigates the effects of these shocks. Using panel data from a survey in Tanzania, we find that both relationships are significant. Our results suggest that credit constraints play a role in explaining child labor and consequently that child labor is inefficient, ...

  5. 12 CFR 614.4130 - Funding and discount relationships between Farm Credit Banks or agricultural credit banks and OFIs.

    Science.gov (United States)

    2010-01-01

    ... CREDIT ADMINISTRATION FARM CREDIT SYSTEM LOAN POLICIES AND OPERATIONS Bank/Association Lending... direct loan or discounts, shall be consistent with the Farm Credit Bank's or agricultural credit bank's... 12 Banks and Banking 6 2010-01-01 2010-01-01 false Funding and discount relationships between...

  6. 12 CFR 614.4070 - Loans and chartered territory-Farm Credit Banks, agricultural credit banks, Federal land bank...

    Science.gov (United States)

    2010-01-01

    ... 12 Banks and Banking 6 2010-01-01 2010-01-01 false Loans and chartered territory-Farm Credit Banks... ADMINISTRATION FARM CREDIT SYSTEM LOAN POLICIES AND OPERATIONS Chartered Territories § 614.4070 Loans and chartered territory—Farm Credit Banks, agricultural credit banks, Federal land bank associations,...

  7. Efficient and Accurate Calculation of Burnup Problems with Short-Lived Nuclides by a Krylov Subspace Method with the Newton Divided Difference

    Energy Technology Data Exchange (ETDEWEB)

    Lee, Yoon Hee; Cho, Nam Zin [Korea Atomic Energy Research Institute, Daejeon (Korea, Republic of)

    2010-05-15

    Nowadays lattice physics codes tend to utilize a detailed burnup chain including short-lived nuclides in order to perform more accurate burnup calculations. But, since production codes, for example, ORIGEN2, take account of nuclides which have relatively long half-life, it is inappropriate for such detailed burnup chain calculation. To enhance that drawback, many matrix exponential calculation methods have been developed. Recently, a Krylov subspace method with the PADE approximation was used. In this paper, a Krylov subspace method based on spectral decomposition property of the matrix function theory with the Newton divided difference (NDD) is introduced. It is tested with a sample problem and compared with simple Taylor expansion method

  8. Chemical states of fission products in irradiated (U 0.3Pu 0.7)C 1+ x fuel at high burn-ups

    Science.gov (United States)

    Agarwal, Renu; Venugopal, V.

    2006-12-01

    The chemical states of fission products have been theoretically determined for the irradiated carbide fuel of Fast Breeder Test Reactor (FBTR) at Kalpakkam, India, at different burn-ups. The SOLGASMIX-PV computer code was used to determine the equilibrium chemical composition of the fuel. The system was assumed to be composed of a gaseous phase at one atmosphere pressure, and various solid phases. The distribution of elements in these phases and their chemical states at different temperatures were calculated as a function of burn-up. The FBTR fuel, (U 0.3Pu 0.7)C 1+ x, was loaded with C/M values in the range, 1.03-1.06. The present calculations indicated that even for the lowest starting C/M of 1.03 in the FBTR fuel, the liquid metal phase of (U, Pu), should not appear at a burn-up as high as 150 GWd/t.

  9. Instant release of fission products in leaching experiments with high burn-up nuclear fuels in the framework of the Euratom project FIRST- Nuclides

    Science.gov (United States)

    Lemmens, K.; González-Robles, E.; Kienzler, B.; Curti, E.; Serrano-Purroy, D.; Sureda, R.; Martínez-Torrents, A.; Roth, O.; Slonszki, E.; Mennecart, T.; Günther-Leopold, I.; Hózer, Z.

    2017-02-01

    The instant release of fission products from high burn-up UO2 fuels and one MOX fuel was investigated by means of leach tests. The samples covered PWR and BWR fuels at average rod burn-up in the range of 45-63 GWd/tHM and included clad fuel segments, fuel segments with opened cladding, fuel fragments and fuel powder. The tests were performed with sodium chloride - bicarbonate solutions under oxidizing conditions and, for one test, in reducing Ar/H2 atmosphere. The iodine and cesium release could be partially explained by the differences in sample preparation, leading to different sizes and properties of the exposed surface areas. Iodine and cesium releases tend to correlate with FGR and linear power rating, but the scatter of the data is significant. Although the gap between the fuel and the cladding was closed in some high burn-up samples, fissures still provide possible preferential transport pathways.

  10. Global Credit Crunch and Accounting

    Directory of Open Access Journals (Sweden)

    Haluk BENGÜ

    2015-12-01

    Full Text Available The concept of economic crisis is accepted to have entered management literature following the 1929 economic crisis. Can accounting be blamed for economic or financial crises? Is it fair to say that a defect or negligence in accounting and auditing played a role in the occurrence and rapid dissemination of the current global credit crunch? In other words, is it possible to find a link between the reasons for or results of the global financial crisis and the basic principles of accounting, the generally accepted accounting principles, the prevalent accounting approaches, methods and practices, the regulations on accounting, accounting audit and any relevant professional or legal regulation and accounting culture and values? The objective of this communiqué is to open the above-mentioned questions up for discussion. The answers to these questions are quite important, in that they will provide clues that can be used to shape the future of accounting and auditing. This study is expected to be inspirational for further empirical studies to be carried out in this domain.

  11. Modeling Cycle Dependence in Credit Insurance

    Directory of Open Access Journals (Sweden)

    Anisa Caja

    2014-03-01

    Full Text Available Business and credit cycles have an impact on credit insurance, as they do on other businesses. Nevertheless, in credit insurance, the impact of the systemic risk is even more important and can lead to major losses during a crisis. Because of this, the insurer surveils and manages policies almost continuously. The management actions it takes limit the consequences of a downturning cycle. However, the traditional modeling of economic capital does not take into account this important feature of credit insurance. This paper proposes a model aiming to estimate future losses of a credit insurance portfolio, while taking into account the insurer’s management actions. The model considers the capacity of the credit insurer to take on less risk in the case of a cycle downturn, but also the inverse, in the case of a cycle upturn; so, losses are predicted with a more dynamic perspective. According to our results, the economic capital is over-estimated when not considering the management actions of the insurer.

  12. Geoengineering with seagrasses: is credit due where credit is given?

    Science.gov (United States)

    Johannessen, Sophia C.; Macdonald, Robie W.

    2016-11-01

    Blue carbon, the carbon fixed by vegetated coastal ecosystems including seagrasses, is reported to have a large potential to sequester atmospheric carbon dioxide. Planting, expanding or protecting seagrass meadows has, accordingly, been proposed as a form of geoengineering. Seagrasses are reported to account for up to 18% of the carbon burial in the world’s oceans, which is on the same order of magnitude as other proposed geoengineering techniques, including iron fertilization. International protocols have been developed to quantify carbon sequestration in seagrass meadows, with a view to awarding carbon credits under the Verified Carbon Standard. Unfortunately, because these protocols do not adequately account for post-depositional processes in marine sediment, they significantly overestimate carbon capture by seagrass beds and give an incorrect view of its distribution. Specifically, neglecting biomixing and remineralization of carbon in surface sediments biases burial rates high, while using sediment carbon inventory (soil carbon stock) over the top 1 m as a proxy for burial rate incorrectly identifies areas of high carbon burial. Seagrass beds likely provide a limited setting for geoengineering, because they generally comprise slowly-accumulating, fine to medium sand, which captures organic carbon less efficiently than fine-grained sediments or rapidly-accumulating delta deposits. While there is no question that seagrass meadows provide valuable habitat, nor that they are disappearing rapidly, their contribution to the global burial of carbon has not yet been established. The danger of geoengineering with seagrasses before reliable assessment methods have been established is that overestimated carbon offsets could lead to a net increase in emissions of carbon dioxide to the atmosphere.

  13. Sistema de classificação de risco de crédito: uma aplicação a companhias abertas no Brasil Credit rating system: an application to public companies in Brazil

    Directory of Open Access Journals (Sweden)

    Giovani Antonio Silva Brito

    2009-12-01

    Full Text Available O artigo examina se eventos de default de companhias abertas no Brasil são previstos por um sistema de classificação de risco de crédito baseado em índices contábeis. O sistema de classificação proposto neste estudo utiliza a análise de conglomerados para classificar as empresas em oito classes de risco, das quais sete são destinadas a empresas solventes e uma para empresas insolventes (em default. A variável utilizada para atribuir as classificações de risco às empresas é a probabilidade de default estimada pelo modelo de risco de crédito desenvolvido por Brito e Assaf Neto (2008. O sistema de classificação de risco atribui ratings anuais para as companhias abertas não financeiras listadas na BM&FBOVESPA no período de 1994 a 2006. Com base nesses ratings, são geradas diversas matrizes de migração de risco para o período analisado. As matrizes de migração evidenciam a elevação do risco das empresas insolventes previamente ao ano de ocorrência do default. A maioria dessas empresas é classificada nas piores classes de risco ou apresenta migrações para ratings inferiores nos anos que precedem o default. Além disso, as taxas de mortalidade das empresas são crescentes nas classes de risco do sistema. Esses resultados evidenciam que insolvências empresariais podem ser previstas por sistemas de classificação de risco baseados, apenas, em índices contábeis.This paper examines whether default events of public companies in Brazil are predicted by a credit rating system based on accounting ratios. The credit rating system developed uses cluster analysis to classify companies in eight ratings, seven for solvent and one for default companies. The variable used to assign ratings to companies is the probability of default estimated by credit risk model developed by Brito and Assaf Neto (2008. The credit rating system assigns annual ratings to non-financial companies listed on Brazilian stock market from 1994 to 2006

  14. 基于最谨慎原则的信用衍生品定价模型及应用%A Credit Derivatives Pricing Model Using Most Prudent Principle and Its Application

    Institute of Scientific and Technical Information of China (English)

    杨晋渝; 孙立; 李冬来; 刘斌

    2012-01-01

    The most prudent principle in Basel II deals with the estimation problem for low default assets. This paper introduces the most prudent principle to estimate the probability of default. Combining with the random process of asset val- ue, a pricing model on credit derivatives products is built with a loss-given-default (LGD) following fi distribution. This model resolves the valuation problem for low default assets. Then the pricing model is applied to market data in China. The re- sults show that this pricing mode can reasonably and conservatively evaluate the credit risk of credit derivatives.%巴塞尔新资本协议提出最谨慎原则,针对违约数据较少的信用资产估值问题,提出了有效的解决方法。本文引入最谨慎原则估计违约率,采用资产价值波动过程,假设损失程度服从口分布,构建了适合我国市场的信用衍生品定价模型,处理低违约资产的信用风险估值问题。本文用我国债券市场数据对模型进行了实证分析,模型结果较为稳健,能合理反映信用衍生品的信用风险。

  15. 遗忘遗传算法及其在信用评分中的应用%Genetic algorithm with forgetting and its application in initial credit scoring

    Institute of Scientific and Technical Information of China (English)

    张玉洁; 孟祥武

    2012-01-01

    Based on the forgetting strategy,an improved genetic algorithm was proposed to solve the problem of local optimization,and a forgetting operator as well as its forgetting probability was given.For the search space was increased by forgetting some genes during the period of inheritance,the algorithm can break away from local optimization and avoid the premature convergence to the greatest extent.By using the algorithm to deal with the credit scoring of telecom customers for different arrears rates,the optimum solution of credit weights in the case of high rate of arrears was found,so it solves the problem that the fitness of credit weights is low for the credit scoring of telecom customers in high arrears rates.Experimental results demonstrate that the algorithm is effective and feasible.Compared with the standard genetic algorithm,the proposed algorithm can obtain better quality results.%为解决局部最优问题,将遗忘机制引入传统遗传算法中,提出了一种改进的遗忘遗传算法,给出了一种遗忘算子及其遗忘概率,通过在遗传过程中遗忘某些基因,增加了算法的搜索空间,使算法跳出局部最优,从而最大限度地避免早熟收敛.将该算法用于不同欠费率下的电信客户初始信用评分,找到信用权重的优化解,较好地解决了对高欠费率群体进行信用评分时,信用权重的适应值偏低的问题.实验结果表明所提算法有效可行.与标准遗传算法相比,本文所提算法可以获得更高质量的解.

  16. Accident source terms for light-water nuclear power plants using high-burnup or MOX fuel.

    Energy Technology Data Exchange (ETDEWEB)

    Salay, Michael (U.S. Nuclear Regulatory Commission, Washington, D.C.); Gauntt, Randall O.; Lee, Richard Y. (U.S. Nuclear Regulatory Commission, Washington, D.C.); Powers, Dana Auburn; Leonard, Mark Thomas

    2011-01-01

    Representative accident source terms patterned after the NUREG-1465 Source Term have been developed for high burnup fuel in BWRs and PWRs and for MOX fuel in a PWR with an ice-condenser containment. These source terms have been derived using nonparametric order statistics to develop distributions for the timing of radionuclide release during four accident phases and for release fractions of nine chemical classes of radionuclides as calculated with the MELCOR 1.8.5 accident analysis computer code. The accident phases are those defined in the NUREG-1465 Source Term - gap release, in-vessel release, ex-vessel release, and late in-vessel release. Important differences among the accident source terms derived here and the NUREG-1465 Source Term are not attributable to either fuel burnup or use of MOX fuel. Rather, differences among the source terms are due predominantly to improved understanding of the physics of core meltdown accidents. Heat losses from the degrading reactor core prolong the process of in-vessel release of radionuclides. Improved understanding of the chemistries of tellurium and cesium under reactor accidents changes the predicted behavior characteristics of these radioactive elements relative to what was assumed in the derivation of the NUREG-1465 Source Term. An additional radionuclide chemical class has been defined to account for release of cesium as cesium molybdate which enhances molybdenum release relative to other metallic fission products.

  17. Neutron Transport and Nuclear Burnup Analysis for the Laser Inertial Confinement Fusion-Fission Energy (LIFE) Engine

    Energy Technology Data Exchange (ETDEWEB)

    Kramer, K J; Latkowski, J F; Abbott, R P; Boyd, J K; Powers, J J; Seifried, J E

    2008-10-24

    Lawrence Livermore National Laboratory is currently developing a hybrid fusion-fission nuclear energy system, called LIFE, to generate power and burn nuclear waste. We utilize inertial confinement fusion to drive a subcritical fission blanket surrounding the fusion chamber. It is composed of TRISO-based fuel cooled by the molten salt flibe. Low-yield (37.5 MJ) targets and a repetition rate of 13.3 Hz produce a 500 MW fusion source that is coupled to the subcritical blanket, which provides an additional gain of 4-8, depending on the fuel. In the present work, we describe the neutron transport and nuclear burnup analysis. We utilize standard analysis tools including, the Monte Carlo N-Particle (MCNP) transport code, ORIGEN2 and Monteburns to perform the nuclear design. These analyses focus primarily on a fuel composed of depleted uranium not requiring chemical reprocessing or enrichment. However, other fuels such as weapons grade plutonium and highly-enriched uranium are also under consideration. In addition, we have developed a methodology using {sup 6}Li as a burnable poison to replace the tritium burned in the fusion targets and to maintain constant power over the lifetime of the engine. The results from depleted uranium analyses suggest up to 99% burnup of actinides is attainable while maintaining full power at 2GW for more than five decades.

  18. Study on core radius minimization for long life Pb-Bi cooled CANDLE burnup scheme based fast reactor

    Science.gov (United States)

    Afifah, Maryam; Miura, Ryosuke; Su'ud, Zaki; Takaki, Naoyuki; Sekimoto, H.

    2015-09-01

    Fast Breeder Reactor had been interested to be developed over the world because it inexhaustible source energy, one of those is CANDLE reactor which is have strategy in burn-up scheme, need not control roads for control burn-up, have a constant core characteristics during energy production and don't need fuel shuffling. The calculation was made by basic reactor analysis which use Sodium coolant geometry core parameter as a reference core to study on minimum core reactor radius of CANDLE for long life Pb-Bi cooled, also want to perform pure coolant effect comparison between LBE and sodium in a same geometry design. The result show that the minimum core radius of Lead Bismuth cooled CANDLE is 100 cm and 500 MWth thermal output. Lead-Bismuth coolant for CANDLE reactor enable to reduce much reactor size and have a better void coefficient than Sodium cooled as the most coolant for FBR, then we will have a good point in safety analysis.

  19. Inventory and Credit Decisions under Day-Terms Credit Linked Demand and Allowance for Bad Debts

    Directory of Open Access Journals (Sweden)

    K. K. Aggarwal

    2014-01-01

    Full Text Available In order to stimulate demand of their product, firms generally give credit period to their customers. However, selling on credit exposes the firms to the additional dimension of bad debts expense (i.e., customer’s default. Moreover, credit period through its influence on demand becomes a determinant of inventory decisions and inventory sold on credit gets converted to accounts receivable indicating the interaction between the two. Since inventory and credit decisions are interrelated, inventory decisions must be determined jointly with credit decisions. Consequently, in this paper, a mathematical model is developed to determine inventory and credit decisions jointly. The demand rate is assumed to be a logistic function of credit period. The accounts receivable carrying cost along with an explicit consideration of bad debt expense which have been often ignored in previous models are incorporated in the present model. The discounted cash flow approach (DCF is used to develop the model and the objective is to maximize the present value of the firm’s net profit per unit time. Finally, numerical example and sensitivity analysis have been done to illustrate the effectiveness of the proposed model.

  20. Overrated credit risk: three essays on credit risk in turbulent times

    NARCIS (Netherlands)

    Bongaerts, D.G.J.

    2010-01-01

    Credit markets have shown a dramatic development at the start of the 21st century. Increased regulatory pressure on financial institutions has spurred the development of innovative products that allow for transfer of credit risk. These developments lay at the base of the largest financial crisis sin

  1. 75 FR 15573 - Fiduciary Duties at Federal Credit Unions; Mergers and Conversions of Insured Credit Unions

    Science.gov (United States)

    2010-03-29

    ... accountants, or other persons retained by the Federal credit union, but only as to matters involving skills or... directors and all its committees have authority to retain staff and outside counsel, independent accountants..., independent public accountants, or other persons retained by the Federal credit union as to matters...

  2. 75 FR 81378 - Fiduciary Duties at Federal Credit Unions; Mergers and Conversions of Insured Credit Unions

    Science.gov (United States)

    2010-12-28

    ... measurements for when and how a director will be considered sufficiently trained in the use of financial... analysis to include intangible items such as the value of the relationship between the members and the... credit unions (those under ten million dollars in assets). Only a few credit unions convert in a...

  3. Panel Random Analysis of Credit Risk in Business

    Institute of Scientific and Technical Information of China (English)

    LIU Wei; ZHOU Yue-mei; ZHOU Ke

    2005-01-01

    Market economy is a kind of credit economy.The survival and development of an individual in the society are closely related with his credit. Without credit, market economy can not continue, the society can hardly run in good order and good health. This paper defines the basic concept of trade credit risk with its manifestation and brings forward the basic mode quantitatively analyzing the credit risk. The data structure of information is analyzed, the decomposition model of credit risk is structured and with the aid of statistical analysis, including regression analysis, analysis of variance, test of hypothesized, the description, classification, certification and confirmation of credit risk model are completed, then, we can describe and control the credit risk with the model to provide basis when building credit support system in today's society.

  4. The Criminal Offense of Credit/Debit Card Fraud and the Implementation of Its Sanction on Indonesian Criminal Law

    Directory of Open Access Journals (Sweden)

    Antonius Maria Laot Kian

    2015-04-01

    Full Text Available The aims of the study are to determine the legal arrangements and the application of criminal sanctions against the crime of credit/debit card fraud in Indonesia. The type of study was a normative research by classifying the provisions relevant to the crime of credit/debit card fraud is based on Law No. 11 Year 2008 concerning Information and Electronic Transactions; otherwise it is used also Convention on Cyber crime 2001. Analysis of legal materials made through a law (statue approach to create an ius constituendum regarding the application of criminal sanctions against crime credit/debit card fraud. The results of the research indicated that the legal arrangements and criminal sanctions against the crime of credit/debit card fraud in Indonesia is still relatively minimal. First, not integrated article that directly regulates computer related fraud. Second, not arranged in the form of criminal sanctions for actions that are restitution culprit.

  5. Derivatives and credit contagion in interconnected networks

    Science.gov (United States)

    Heise, S.; Kühn, R.

    2012-04-01

    The importance of adequately modeling credit risk has once again been highlighted in the recent financial crisis. Defaults tend to cluster around times of economic stress due to poor macro-economic conditions, but also by directly triggering each other through contagion. Although credit default swaps have radically altered the dynamics of contagion for more than a decade, models quantifying their impact on systemic risk are still missing. Here, we examine contagion through credit default swaps in a stylized economic network of corporates and financial institutions. We analyse such a system using a stochastic setting, which allows us to exploit limit theorems to exactly solve the contagion dynamics for the entire system. Our analysis shows that, by creating additional contagion channels, CDS can actually lead to greater instability of the entire network in times of economic stress. This is particularly pronounced when CDS are used by banks to expand their loan books (arguing that CDS would offload the additional risks from their balance sheets). Thus, even with complete hedging through CDS, a significant loan book expansion can lead to considerably enhanced probabilities for the occurrence of very large losses and very high default rates in the system. Our approach adds a new dimension to research on credit contagion, and could feed into a rational underpinning of an improved regulatory framework for credit derivatives.

  6. Formal and Informal Rural Credit in Four Provinces of Vietnam

    DEFF Research Database (Denmark)

    Barslund, Mikkel Christoffer; Tarp, Finn

    This paper uses a survey of 932 rural households to uncover how the rural credit market operates in four provinces of Vietnam. Households obtain credit through formal and informal lenders. Formal loans are almost entirely for production and asset accumulation, while informal loans are used...... for consumption smoothening. Interest rates fell from 1997 to 2002, reflecting increased market integration. Moreover, the determinants of formal and informal credit demand are distinct. While credit rationing depends on education and credit history, in particular, regional differences in the demand for credit...

  7. CREDIT RISK MINIMIZATION WAYS AND PRICING OF BANKING SERVICES

    Directory of Open Access Journals (Sweden)

    V. E. Gladkova

    2011-01-01

    Full Text Available Accurate accounting of own expenses on rendering banking services and forming reasonable prices for them make it possible for commercial banks to adequately react to market situation changes. Credit risk minimization comprises: credit rationing (in Russia according to RF Central Bank norms; credit diversification; credit structuring; and forming reserves to cover respective bank risks (also in accordance with RF CB documents. Effective is bank credit hedging (insuring through credit derivatives. Most advanced at international finance markets are such risk minimization systems as Basel-II and IRBA. Pricing models based on individual assessment of each borrower’s risk class (Risk Based Pricing approach are widely used.

  8. Determinants of bank credit growth in Nigeria 1980-2010

    Directory of Open Access Journals (Sweden)

    A. Enisan Akinlo

    2015-02-01

    Full Text Available The paper analyses the dominant factors influencing bank credit to private sector in Nigeria over the period 1980-2010 using the error correction modeling technique. The results show that broad money, cyclical risk premium and liquidity ratio tend to increase credit to the private sector. However, prime lending rate and reserve ratio lead to a reduction in credit to the private sector. Private credit increases with inflation, but not one to one, meaning that inflation tends to dampen real bank credit to the private sector.  Key Words: credit growth, banking sector, industry, error correction model.

  9. Development of a method for xenon determination in the microstructure of high burn-up nuclear fuel[Dissertation 17527

    Energy Technology Data Exchange (ETDEWEB)

    Horvath, M. I

    2008-07-01

    In nuclear fuel, in approximately one quarter of the fissions, one of the two formed fission products is gaseous. These are mainly the noble gases xenon and krypton with isotopes of xenon contributing up to 90% of the product gases. These noble fission gases do not combine with other species, and have a low solubility in the normally used uranium oxide matrix. They can be dissolved in the fuel matrix or precipitate in nanometer-sized bubbles within the fuel grain, in micrometer-sized bubbles at the grain boundaries, and a fraction also precipitates in fuel pores, coming from fuel fabrication. A fraction of the gas can also be released into the plenum of the fuel rod. With increasing fission, and therefore burn-up, the ceramic fuel material experiences a transformation of its structure in the 'cooler' rim region of the fuel. A subdivision occurs of the original fuel grains of few microns size into thousands of small grains of sub-micron sizes. Additionally, larger pores are formed, which also leads into an increasing porosity in the fuel rim, called high burn-up structure. In this structure, only a small fraction of the fission gas remains in the matrix, the major quantity is said to accumulate in these pores. Because of this accumulation, the knowledge of the quantities of gas within these pores is of major interest in consideration to burn-up, fuel performance and especially for safety issues. In case of design based accidents, i.e. rapidly increasing temperature transients, the behavior of the fuel has to be estimated. Various analytical techniques have been used to determine the Xe concentration in nuclear fuel samples. The capabilities of EPMA (Electron Probe Micro-Analyser) and SIMS (Secondary Ion Mass Spectrometry) have been studied and provided some qualitative information, which has been used for determining Xe-matrix concentrations. First approaches combining these two techniques to estimate pore pressures have been recently reported. However

  10. Development Of The Technique Of Assessment Of Banking Risks Of Long-Term Crediting Of Investments (On The Example Of Banks Of Sevastopol

    Directory of Open Access Journals (Sweden)

    Ulyana Viktorovna Dremova

    2015-03-01

    Full Text Available The external destabilizing factor — financial crisis — has significantly influenced on the level increase of riskiness of the banking credit operations. Taking into account that the increased level of risk follows long-term credits, these operations has been influenced the most, that can be as one of the constraining conditions for the provision of bank long-term credit resources. It, in turn, causes the need to develop the risk assessment technique of long-term credits in regulation of banks’ long-term credit operations. As the risk assessment of credit operations in banking practice is generally limited to the calculation of credit risk, it is efficient to consider the scientifically reasonable approach to a risks assessment of long-term crediting including influence of private risks for the purpose of carrying out the generalized assessment of riskiness both separate types of long-term credits, and a long-term credit portfolio in general. The offered method is based on the calculation of aggregate risk coefficient of the long-term credits, calculated by means of mathematical method of principal component. In the work, it is offered to perform an assessment of private risks by means of statistics: the expectation value, mean square deviation, and the coefficient of a variation. The use of the principal components’ method at the risk assessment of longterm crediting meets such requirements as a lack of value judgment, accounting of specific features of private risks of long-term credits, mathematical validity. It gives the chance to apply the offered risk assessment method of long-term credits in banking. The conclusion is made that the application of an aggregative risk indicator of a long-term crediting will allow banks to trace more accurately the level of riskiness of a long-term credit portfolio and separate types of long-term credits that will strengthen the bank information and analytical base on risk regulation in the field and

  11. Impacts of burnup-dependent swelling of metallic fuel on the performance of a compact breed-and-burn fast reactor

    Energy Technology Data Exchange (ETDEWEB)

    Hartanto, Donny; Heo, Woong; Kim, Chi Hyung; Kim, Yong Hee [Dept. of Nuclear and Quantum Engineering, Korea Advanced Institute of Science and Technology (KAIST), Daejeon (Korea, Republic of)

    2016-04-15

    The U-Zr or U-TRU-Zr cylindrical metallic fuel slug used in fast reactors is known to swell significantly and to grow during irradiation. In neutronics simulations of metallic-fueled fast reactors, it is assumed that the slug has swollen and contacted cladding, and the bonding sodium has been removed from the fuel region. In this research, a realistic burnup-dependent fuel-swelling simulation was performed using Monte Carlo code McCARD for a single-batch compact sodium-cooled breed-and-burn reactor by considering the fuel-swelling behavior reported from the irradiation test results in EBR-II. The impacts of the realistic burnup-dependent fuel swelling are identified in terms of the reactor neutronics performance, such as core lifetime, conversion ratio, axial power distribution, and local burnup distributions. It was found that axial fuel growth significantly deteriorated the neutron economy of a breed-and-burn reactor and consequently impaired its neutronics performance. The bonding sodium also impaired neutron economy, because it stayed longer in the blanket region until the fuel slug reached 2% burnup.

  12. Estimate of fuel burnup spatial a multipurpose reactor in computer simulation; Estimativa da queima espacial do combustivel de um reator multiproposito por simulacao computacional

    Energy Technology Data Exchange (ETDEWEB)

    Santos, Nadia Rodrigues dos, E-mail: nadia.santos@ifrj.edu.br [Instituto Federal de Educacao, Ciencia e Tecnologia do Rio de Janeiro (IFRJ), Paracambi, RJ (Brazil); Lima, Zelmo Rodrigues de; Moreira, Maria de Lourdes, E-mail: malu@ien.gov.br, E-mail: zrlima@ien.gov.br [Instituto de Engenharia Nuclear (IEN/CNEN-RJ), Rio de Janeiro, RJ (Brazil)

    2015-07-01

    In previous research, which aimed, through computer simulation, estimate the spatial fuel burnup for the research reactor benchmark, material test research - International Atomic Energy Agency (MTR/IAEA), it was found that the use of the code in FORTRAN language, based on the diffusion theory of neutrons and WIMSD-5B, which makes cell calculation, bespoke be valid to estimate the spatial burnup other nuclear research reactors. That said, this paper aims to present the results of computer simulation to estimate the space fuel burnup of a typical multipurpose reactor, plate type and dispersion. the results were considered satisfactory, being in line with those presented in the literature. for future work is suggested simulations with other core configurations. are also suggested comparisons of WIMSD-5B results with programs often employed in burnup calculations and also test different methods of interpolation values obtained by FORTRAN. Another proposal is to estimate the burning fuel, taking into account the thermohydraulics parameters and the appearance of xenon. (author)

  13. Corrosion studies with high burnup light water reactor fuel. Release of nuclides into simulated groundwater during accumulated contact time of up to two years

    Energy Technology Data Exchange (ETDEWEB)

    Zwicky, Hans-Urs (Zwicky Consulting GmbH, Remigen (Switzerland)); Low, Jeanett; Ekeroth, Ella (Studsvik Nuclear AB, Nykoeping (Sweden))

    2011-03-15

    In the framework of comprehensive research work supporting the development of a Swedish concept for the disposal of highly radioactive waste and spent fuel, Studsvik has performed a significant number of spent fuel corrosion studies under a variety of different conditions. These experiments, performed between 1990 and 2002, covered a burnup range from 27 to 49 MWd/kgU, which was typical for fuel to be disposed at that time. As part of this work, the so called Series 11 tests were performed under oxidising conditions in synthetic groundwater with fuel samples from a rod irradiated in the Ringhals 1 Boiling Water Reactor (BWR). In the meantime, Swedish utilities tend to increase the discharge burnup of fuel operated in their reactors. This means that knowledge of spent fuel corrosion performance has to be extended to higher burnup as well. Therefore, a series of experiments has been started at Studsvik, aiming at extending the data base acquired in the Series 11 corrosion tests to higher burnup fuel. Fuel burnup leads to complex and significant changes in the composition and properties of the fuel. The transformed microstructure, which is referred to as the high burnup structure or rim structure in the outer region of the fuel, consists of small grains of submicron size and a high concentration of pores of typical diameter 1 to 2 mum. This structure forms in UO{sub 2} fuel at a local burnup above 50 MWd/kgU, as long as the temperature is below 1,000-1,100 deg C. The high burnup at the pellet periphery is the consequence of plutonium build-up by neutron capture in 238U followed by fission of the formed plutonium. The amount of fission products in the fuel increases more or less linearly with burnup, in contrast to alpha emitting actinides that increase above average. As burnup across a spent fuel pellet is not uniform, but increases towards the periphery, the radiation field is also larger at the pellet surface. At the same time, it is easier for water to access the

  14. A study of fuel failure behavior in high burnup HTGR fuel. Analysis by STRESS3 and STAPLE codes

    Energy Technology Data Exchange (ETDEWEB)

    Martin, David G.; Sawa, Kazuhiro; Ueta, Shouhei; Sumita, Junya [Japan Atomic Energy Research Inst., Oarai, Ibaraki (Japan). Oarai Research Establishment

    2001-05-01

    In current high temperature gas-cooled reactors (HTGRs), Tri-isotropic coated fuel particles are employed as fuel. In safety design of the HTGR fuels, it is important to retain fission products within particles so that their release to primary coolant does not exceed an acceptable level. From this point of view, the basic design criteria for the fuel are to minimize the failure fraction of as-fabricated fuel coating layers and to prevent significant additional fuel failures during operation. This report attempts to model fuel behavior in irradiation tests using the U.K. codes STRESS3 and STAPLE. Test results in 91F-1A and HRB-22 capsules irradiation tests, which were carried out at the Japan Materials Testing Reactor of JAERI and at the High Flux Isotope Reactor of Oak Ridge National Laboratory, respectively, were employed in the calculation. The maximum burnup and fast neutron fluence were about 10%FIMA and 3 x 10{sup 25} m{sup -2}, respectively. The fuel for the irradiation tests was called high burnup fuel, whose target burnup and fast neutron fluence were higher than those of the first-loading fuel of the High Temperature Engineering Test Reactor. The calculation results demonstrated that if only mean fracture stress values of PyC and SiC are used in the calculation it is not possible to predict any particle failures, by which is meant when all three load bearing layers have failed. By contrast, when statistical variations in the fracture stresses and particle specifications are taken into account, as is done in the STAPLE code, failures can be predicted. In the HRB-22 irradiation test, it was concluded that the first two particles which had failed were defective in some way, but that the third and fourth failures can be accounted for by the pressure vessel model. In the 91F-1A irradiation test, the result showed that 1 or 2 particles had failed towards the end of irradiation in the upper capsule and no particles failed in the lower capsule. (author)

  15. Credit risk evaluation based on social media.

    Science.gov (United States)

    Yang, Yang; Gu, Jing; Zhou, Zongfang

    2016-07-01

    Social media has been playing an increasingly important role in the sharing of individuals' opinions on many financial issues, including credit risk in investment decisions. This paper analyzes whether these opinions, which are transmitted through social media, can accurately predict enterprises' future credit risk. We consider financial statements oriented evaluation results based on logit and probit approaches as the benchmarks. We then conduct textual analysis to retrieve both posts and their corresponding commentaries published on two of the most popular social media platforms for financial investors in China. Professional advice from financial analysts is also investigated in this paper. We surprisingly find that the opinions extracted from both posts and commentaries surpass opinions of analysts in terms of credit risk prediction.

  16. Innovations in liquidity management of credit institutions

    Directory of Open Access Journals (Sweden)

    L.E.Galjaeva

    2013-03-01

    Full Text Available The aim of the article. Article purpose is search and justification of new approaches to management of credit organization liquidity, and stable sources of attraction of available funds allocated for formation and reliable clients borrowers, and also providing demanded level of bank assets profitability.The results of the analysis. In article requirements to management system of credit organization liquidity are formulated. Theyare:ability to make short-term control of liquidity credit organization in the conditions of marketss high volatility;ability to organize strategic management of credit organization liquidity by means of trendss identification in the markets of money and capital, and also an assessment of chances and risks of the most significant clients borrowers and creditors;ability to carry out coordination of liquidity management in the decentralized structures of the credit organization and to estimate the liquiditys integrated risk.In the course of research the main problems that need to be solved for implementation of the concept of the coordinated liquidity management are revealed. They are:to coordinate financial politicians and to conclude agreements in the field of working capital structure optimization of the enterprises that will allow bank to attract the unused potential of enterprises liquidity as resource base, and to the enterprise to receive cheaper in comparison with the market access to the credits;to develop transition road map from the traditional relations between bank and the enterprise: creditor-borrower, to the business and partner relations in the field of the liquidity coordinated management on the basis of business processes transfer on liquiditys management in the service centers of joint access;to improve system risk of banks management as a whole as traditional approaches to liquidity risks management in the credit organization which don't consider feature of processes of liquidity coordinated management

  17. Estimation of transition probabilities of credit ratings

    Science.gov (United States)

    Peng, Gan Chew; Hin, Pooi Ah

    2015-12-01

    The present research is based on the quarterly credit ratings of ten companies over 15 years taken from the database of the Taiwan Economic Journal. The components in the vector mi (mi1, mi2,⋯, mi10) may first be used to denote the credit ratings of the ten companies in the i-th quarter. The vector mi+1 in the next quarter is modelled to be dependent on the vector mi via a conditional distribution which is derived from a 20-dimensional power-normal mixture distribution. The transition probability Pkl (i ,j ) for getting mi+1,j = l given that mi, j = k is then computed from the conditional distribution. It is found that the variation of the transition probability Pkl (i ,j ) as i varies is able to give indication for the possible transition of the credit rating of the j-th company in the near future.

  18. Credit Institutions Management Evaluation using Quantitative Methods

    Directory of Open Access Journals (Sweden)

    Nicolae Dardac

    2006-02-01

    Full Text Available Credit institutions supervising mission by state authorities is mostly assimilated with systemic risk prevention. In present, the mission is orientated on analyzing the risk profile of the credit institutions, the mechanism and existing systems as management tools providing to bank rules the proper instruments to avoid and control specific bank risks. Rating systems are sophisticated measurement instruments which are capable to assure the above objectives, such as success in banking risk management. The management quality is one of the most important elements from the set of variables used in the quoting process in credit operations. Evaluation of this quality is – generally speaking – fundamented on quantitative appreciations which can induce subjectivism and heterogeneity in quotation. The problem can be solved by using, complementary, quantitative technics such us DEA (Data Envelopment Analysis.

  19. Ombud’s Corner: due credit!

    CERN Multimedia

    Sudeshna Datta-Cockerill

    2016-01-01

    Patents, copyrights, trademarks… there are many ways to protect intellectual property and yet, despite these precautionary measures, it seems that colleagues sometimes still slip up: plots done by one person are used in another’s presentation without being appropriately credited, citations are wrongly assigned, references are inaccurate…   Plagiarism and misappropriation do not only happen in the worlds of art, music and literature. Often in our world, during the preparation phase of a scientific paper or even just in their daily work, scientists are required to share the work of many contributors and sometimes they do not keep track of who did what. No-one minds as long as this stays within the limits of teamwork, in which credits are distributed evenly and nobody’s contribution gets forgotten. Problems arise however, when one person’s work ends up being presented by another without the correct credit, or indeed when someone is held back from p...

  20. Effects of Credit on Economic Growth, Unemployment and Poverty

    Directory of Open Access Journals (Sweden)

    Mangasa Augustinus Sipahutar

    2016-06-01

                  Effect of credit on economic growth, unemployment and poverty provides evidence from Indonesia on the role of banks credit for promoting economic growth and reducing both unemployment and poverty.  To document the link between banks credit and economic growth, we estimate a VAR model and variance decompositions of annual GDP per capita growth rates to examine what proxy measures of banks credit are most important in accounting for economic growth over time and how much they contribute to explaining economic growth.  We also estimate an ECM to document the relationship between banks credit to both unemployment and poverty.  This paper revealed bi-direction causality between banks credit and economic growth.  Banks credit promotes economic growth and economic growth affects credit depth and financial development.  Furthermore, banks credit is a growth accelerating factor on Indonesian economic growth.  Banks credit is an endogenous growth and a good predictor on Indonesian economy. Our estimation model explained that credit allocated by banks increases business escalation to the real sectors then promotes economic growth, decreases unemployment rate through increasing in labor demanded, increases income and then decrease poverty.  This overall transmission mechanism just occurred through presence of banks credit by increasing money supply to the real sectors, promotes growth and social welfare.   Keywords :  banks credit, economic growth, growth accelerating factor, poverty, unemployment   JEL Classification : E51, E52, E58

  1. 49 CFR 260.31 - Execution and filing of the application.

    Science.gov (United States)

    2010-10-01

    ... Credit Risk Premium due from Applicant, if any, as provided in § 260.15. Applicant agrees to pay such Credit Risk Premium prior to the disbursement of direct or guaranteed loan, as appropriate. Such Credit Risk Premium may be refunded as provided in § 260.15. Respectfully submitted. Applicant(s) Seal(s)...

  2. A random matrix approach to credit risk.

    Science.gov (United States)

    Münnix, Michael C; Schäfer, Rudi; Guhr, Thomas

    2014-01-01

    We estimate generic statistical properties of a structural credit risk model by considering an ensemble of correlation matrices. This ensemble is set up by Random Matrix Theory. We demonstrate analytically that the presence of correlations severely limits the effect of diversification in a credit portfolio if the correlations are not identically zero. The existence of correlations alters the tails of the loss distribution considerably, even if their average is zero. Under the assumption of randomly fluctuating correlations, a lower bound for the estimation of the loss distribution is provided.

  3. CAUTIOUS PRACTICE IN ACCOUNTANCY CREDIT UNITS

    Directory of Open Access Journals (Sweden)

    Riana Iren RADU

    2006-01-01

    Full Text Available The constitution of the specific risk prevision refers to their creation and is realized including in the cost the sum representing the level of the necessary specific risk provisions, in case there is no provision. The constitutions, regulation and the utilization of specific risk provisions will be realized using the credit currency and/or the investments they correct. Specific risk provisions are to be determined only for the client’s balance sheet engagements. The calculation for the necessary volume of provisions is realized for each and every credit contract referring to the final client classification category.

  4. A random matrix approach to credit risk.

    Directory of Open Access Journals (Sweden)

    Michael C Münnix

    Full Text Available We estimate generic statistical properties of a structural credit risk model by considering an ensemble of correlation matrices. This ensemble is set up by Random Matrix Theory. We demonstrate analytically that the presence of correlations severely limits the effect of diversification in a credit portfolio if the correlations are not identically zero. The existence of correlations alters the tails of the loss distribution considerably, even if their average is zero. Under the assumption of randomly fluctuating correlations, a lower bound for the estimation of the loss distribution is provided.

  5. A PROBABILISTIC INVENTORY MODEL FOR CONDITIONAL CREDIT PERIOD AND LEAD TIME WITH MULTIPLE STORAGE FACILITIES

    Directory of Open Access Journals (Sweden)

    S. S. Mishra

    2008-01-01

    Full Text Available A probabilistic inventory model for conditional credit period with exponential demand, non-zero lead time and multiple storage facility has been developed. The behaviour of total expected cost (TEC has been examined and the use and application of the model is demonstrated with the help of a numerical example.

  6. 17 CFR 250.45 - Loans, extensions of credit, donations and capital contributions to associate companies.

    Science.gov (United States)

    2010-04-01

    ... joint liability, or to act as a surety or as an indemnitor with respect to contingent liabilities or..., extensions of credit, donations and capital contributions to associate companies. (a) General provision. No... to the order of the Commission with respect to such declaration under the applicable provisions...

  7. 26 CFR 9.1 - Investment credit-public utility property elections.

    Science.gov (United States)

    2010-04-01

    ... 26 Internal Revenue 14 2010-04-01 2010-04-01 false Investment credit-public utility property... Investment credit—public utility property elections. (a) Applicability of prior election under section 46(f... respect to public utility property described in section 46(f)(5) by reason of sections 301 and 302 of...

  8. 26 CFR 1.668(b)-1 - Credit for taxes paid by the trust.

    Science.gov (United States)

    2010-04-01

    ...) INCOME TAX (CONTINUED) INCOME TAXES Treatment of Excess Distributions of Trusts Applicable to Taxable... distribution (to which the credit relates) is required to be included in the gross income of the beneficiary... section in the ratio which the amount of the accumulation distribution to him bears to the...

  9. 75 FR 52393 - Proposed Data Collection; Comment Request: New Markets Tax Credit (NMTC) Program-Allocation...

    Science.gov (United States)

    2010-08-25

    ... allocation round (75 FR 4077, April 8, 2010) may be obtained from the NMTC Program page of the CDFI Fund's... Community Development Financial Institutions Fund Proposed Data Collection; Comment Request: New Markets Tax Credit (NMTC) Program--Allocation Application ACTION: Notice and request for comments. SUMMARY: The...

  10. The Cost of a Tuition Tax Credit Reconsidered in the Light of New Evidence.

    Science.gov (United States)

    Frey, Donald E.

    1982-01-01

    Using regression analysis on 1976-78 data from the National Center for Education Statistics, the author estimates demand and supply elasticities for nonpublic school tuition and enrollment. Application of the elasticities to data from a 1978 study indicates that federal tuition tax credits would be more costly than previously projected. (Author/RW)

  11. THE STEERING TOOL OF FINANCIAL INSTITUTIONS: CREDIT VAR (VALUE AT RISK

    Directory of Open Access Journals (Sweden)

    BĂRBULESCU MARINELA

    2015-04-01

    Full Text Available In order to determine the economic capital, in terms of internal management or of application of regulations, financial institutions need to model the probability of future losses on a loan portfolio. This is generally made applying the Credit VaR method. Thus, unexpected losses can be assessed.

  12. A Feasibility Study to Determine Cooling Time and Burnup of ATR Fuel Using a Nondestructive Technique and Three Types of Gamma-ray Detectors

    Energy Technology Data Exchange (ETDEWEB)

    Jorge Navarro; Rahmat Aryaeinejad,; David W. Nigg

    2011-05-01

    A Feasibility Study to Determine Cooling Time and Burnup of ATR Fuel Using a Nondestructive Technique1 Rahmat Aryaeinejad, Jorge Navarro, and David W Nigg Idaho National Laboratory Abstract Effective and efficient Advanced Test Reactor (ATR) fuel management require state of the art core modeling tools. These new tools will need isotopic and burnup validation data before they are put into production. To create isotopic, burn up validation libraries and to determine the setup for permanent fuel scanner system a feasibility study was perform. The study consisted in measuring short and long cooling time fuel elements at the ATR canal. Three gamma spectroscopy detectors (HPGe, LaBr3, and HPXe) and two system configurations (above and under water) were used in the feasibility study. The first stage of the study was to investigate which detector and system configuration would be better suited for different scenarios. The second stage of the feasibility study was to create burnup and cooling time calibrations using experimental isotopic data collected and ORIGEN 2.2 burnup data. The results of the study establish that a better spectra resolution is achieve with an above the water configuration and that three detectors can be used in the permanent fuel scanner system for different situations. In addition it was conclude that a number of isotopic ratios and absolute measurements could be used to predict ATR fuel burnup and cooling times. 1This work was supported by the U.S. Depart¬ment of Energy (DOE) under Battelle Energy Alliance, LLC Contract No. DE-AC07-05ID14517.

  13. Fully Coupled Modeling of Burnup-Dependent (U1- y , Pu y )O2- x Mixed Oxide Fast Reactor Fuel Performance

    Science.gov (United States)

    Liu, Rong; Zhou, Wenzhong; Zhou, Wei

    2016-03-01

    During the fast reactor nuclear fuel fission reaction, fission gases accumulate and form pores with the increase of fuel burnup, which decreases the fuel thermal conductivity, leading to overheating of the fuel element. The diffusion of plutonium and oxygen with high temperature gradient is also one of the important fuel performance concerns as it will affect the fuel material properties, power distribution, and overall performance of the fuel pin. In order to investigate these important issues, the (U1- y Pu y )O2- x fuel pellet is studied by fully coupling thermal transport, deformation, oxygen diffusion, fission gas release and swelling, and plutonium redistribution to evaluate the effects on each other with burnup-dependent models, accounting for the evolution of fuel porosity. The approach was developed using self-defined multiphysics models based on the framework of COMSOL Multiphysics to manage the nonlinearities associated with fast reactor mixed oxide fuel performance analysis. The modeling results showed a consistent fuel performance comparable with the previous results. Burnup degrades the fuel thermal conductivity, resulting in a significant fuel temperature increase. The fission gas release increased rapidly first and then steadily with the burnup increase. The fuel porosity increased dramatically at the beginning of the burnup and then kept constant as the fission gas released to the fuel free volume, causing the fuel temperature to increase. Another important finding is that the deviation from stoichiometry of oxygen affects greatly not only the fuel properties, for example, thermal conductivity, but also the fuel performance, for example, temperature distribution, porosity evolution, grain size growth, fission gas release, deformation, and plutonium redistribution. Special attention needs to be paid to the deviation from stoichiometry of oxygen in fuel fabrication. Plutonium content will also affect the fuel material properties and performance

  14. Credit risk evaluation using adaptive Lq penalty SVM with Gauss kernel

    Institute of Scientific and Technical Information of China (English)

    2008-01-01

    In order to improve the performance of support vector machine (SVM) applications in the field of credit risk evaluation, an adaptive Lq SVM model with Gauss kernel (ALqG-SVM) is proposed to evaluate credit risks. The non-adaptive penalty of the object function is extended to (0, 2] to increase classification accuracy. To further improve the generalization performance of the proposed model, the Gauss kernel is introduced, thus the non-linear classification problem can be linearly separated in higher dimensio...

  15. 77 FR 61751 - Farm Credit Administration Board; Sunshine Act; Regular Meeting

    Science.gov (United States)

    2012-10-11

    ... Mac Investment Management Bookletter--Providing Credit to Farmers and Ranchers Operating in Local... From the Federal Register Online via the Government Publishing Office FARM CREDIT ADMINISTRATION Farm Credit Administration Board; Sunshine Act; Regular Meeting AGENCY: Farm Credit...

  16. French investigations of high burnup effect on LOCA thermomechanical behavior: Part 1. Experimental programmes in support of LOCA design methodologies

    Energy Technology Data Exchange (ETDEWEB)

    Waeckel, N. [EDF/SEPTEN Villeurbanne (France); GrandJean, C. [IPSN, Cadarache (France); Cauvin, R.; Lebuffe, C. [EDF/SCMI, Chinon (France)

    1997-01-01

    Within the framework of Burn-Up extension request, EDF, FRAMATOME, CEA and IPSN have carried out experimental programmes in order to provide the design of fuel rods under LOCA conditions with relevant data. The design methods used in France for LOCA are based on standard Appendix K methodology updated to take into account some penalties related to the actual conditions of the Nuclear Power Plant. Best-Estimate assessments are used as well. Experimental programmes concern plastic deformation and burst behavior of advanced claddings (EDGAR) and thermal shock quenching behavior of highly irradiated claddings (TAGCIR). The former reveals the important role played by the {alpha}/{beta} transformation kinetics related to advanced alloys (Niobium alloys) and the latter the significative impact of hydrogen charged during in-reactor corrosion on oxidation kinetics and failure behavior in terms of cooling rates.

  17. Verification of spectral burn-up codes on 2D fuel assemblies of the GFR demonstrator ALLEGRO reactor

    Energy Technology Data Exchange (ETDEWEB)

    Čerba, Štefan, E-mail: stefan.cerba@stuba.sk [Slovak University of Technology in Bratislava, Faculty of Electrical Engineering and Information Technology, Institute of Nuclear and Physical Engineering, Ilkovičova 3, 812 19 Bratislava (Slovakia); Vrban, Branislav; Lüley, Jakub [Slovak University of Technology in Bratislava, Faculty of Electrical Engineering and Information Technology, Institute of Nuclear and Physical Engineering, Ilkovičova 3, 812 19 Bratislava (Slovakia); Dařílek, Petr [VUJE a.s., Okružná 5, 918 64 Trnava (Slovakia); Zajac, Radoslav, E-mail: radoslav.zajac@vuje.sk [VUJE a.s., Okružná 5, 918 64 Trnava (Slovakia); Nečas, Vladimír; Haščik, Ján [Slovak University of Technology in Bratislava, Faculty of Electrical Engineering and Information Technology, Institute of Nuclear and Physical Engineering, Ilkovičova 3, 812 19 Bratislava (Slovakia)

    2014-02-15

    Highlights: • Verification of the MCNPX, HELIOS and SCALE codes. • MOX and ceramic fuel assembly. • Gas-cooled fast reactor. • Burnup calculation. - Abstract: The gas-cooled fast reactor, which is one of the six GEN IV reactor concepts, is characterized by high operational temperatures and a hard neutron spectrum. The utilization of commonly used spectral codes, developed mainly for LWR reactors operated in the thermal/epithermal neutron spectrum, may be connected with systematic deviations since the main development effort of these codes has been focused on the thermal part of the neutron spectrum. To be able to carry out proper calculations for fast systems the used codes have to account for neutron resonances including the self-shielding effect. The presented study aims at verifying the spectral HELIOS, MCNPX and SCALE codes on the basis of depletion calculations of 2D MOX and ceramic fuel assemblies of the ALLEGRO gas-cooled fast reactor demonstrator in infinite lattice.

  18. Analysis of Corrosion Residues Collected from the Aluminum Basket Rails of the High-Burnup Demonstration Cask.

    Energy Technology Data Exchange (ETDEWEB)

    Bryan, Charles R. [Sandia National Lab. (SNL-NM), Albuquerque, NM (United States)

    2017-03-01

    On September, 2015, an inspection was performed on the TN-32B cask that will be used for the high-burnup demonstration project. During the survey, wooden cribbing that had been placed within the cask eleven years earlier to prevent shifting of the basket during transport was removed, revealing two areas of residue on the aluminum basket rails, where they had contacted the cribbing. The residue appeared to be a corrosion product, and concerns were raised that similar attack could exist at more difficult-to-inspect locations in the canister. Accordingly, when the canister was reopened, samples of the residue were collected for analysis. This report presents the results of that assessment, which determined that the corrosion was due to the presence of the cribbing. The corrosion was associated with fungal material, and fungal activity likely contributed to an aggressive chemical environment. Once the cask has been cleaned, there will be no risk of further corrosion.

  19. 78 FR 63380 - Farm Credit Administration Board Policy Statements

    Science.gov (United States)

    2013-10-24

    ... Efforts by Farm Credit Institutions FCA-PS-72 Financial Institution Rating System (FIRS) FCA-PS-77... the Members of Farm Credit System Institutions FCA-PS-81 Ethics, Independence, Arm's-Length Role,...

  20. 12 CFR 226.10 - Prompt crediting of payments.

    Science.gov (United States)

    2010-01-01

    ... SYSTEM TRUTH IN LENDING (REGULATION Z) Open-End Credit § 226.10 Prompt crediting of payments. (a) General... address for receiving payments, such as a post office box. (3) Nonconforming payments. If a...

  1. The place of agriculture in credit policy after World War II

    Directory of Open Access Journals (Sweden)

    Mirosław Kłusek

    2009-01-01

    Full Text Available After World War II the Polish state, which had restricted financial resources was forced to select the most important economic aims, which ought to have been driven out by people in select and taking into consideration credit applications. On this stage of state rebuilding, approval had been voiced, in first order for credits for agriculture production, mining production, industrial production, and craft production. Credits for sowing, harvest, rations, tools purchase, fertilizers, seeds and livestock had been the most important in agriculture. Ministry of Treasury and National Bank of Poland had been driven by planning rules and planning in economic life, central rule of establishing financial and credit politics and central way of establishing distributions ways, supervision and control. Unfortunately state credit politic realisation in relation to agriculture had diverged from its main assumptions. Industry had been favored at the expense of village. The effect of shortage of capital in a village had caused the fall of agricultural production, what, in short time had led to increase of agriculture products’ prices.

  2. CREDIT CONTROL INSTRUMENTS IN A DUAL BANKING SYSTEM: LEVERAGE CONTROL RATE (LCR – A PROPOSAL

    Directory of Open Access Journals (Sweden)

    Zubair HASAN

    2016-02-01

    Full Text Available Islam banishes interest. This raises two questions contextual to Central Banking. First, can Islamic banks create credit like the conventional? We shall argue that Islamic banks cannot avoid credit creation; an imperative for staying in the market where they operate in competition with their conventional rivals. Evidently, the interest rate policy would not be applicable to them as a control measure. This leads us to the second question: What could possibly replace the interest rate for Islamic banks? In reply, the paper suggests what it calls a leverage control rate (LCR as an addition to Central Banks’ credit control arsenal. The proposed rate is derived from the sharing of profit ratio in Islamic banking. It is contended that the new measure has an edge over the old fashioned interest rate instrument which it can in fact replace with advantage. It can possibly be a common measure in a dual system.

  3. Credit creation and control: an unresolved issue in Islamic banking

    OpenAIRE

    Hasan, Zubair

    2008-01-01

    Abstract. This paper deals with a still unresolved issue - credit creation and control- in an interest free banking system. The available literature on the subject is scanty, controversial and inconclusive. The paper holds that credit creation per se is not un-Islamic; the essential point is how credit is generated and used. It argues that credit creation cannot be banished; it is an imperative for frictionless adjustment of money supply to unavoidable fluctuations in its demand in modern...

  4. Formal and Informal Rural Credit in Four Provinces of Vietnam

    OpenAIRE

    Barslund, Mikkel Christoffer; Tarp, Finn

    2007-01-01

    This paper uses a survey of 932 rural households to uncover how the rural credit market operates in four provinces of Vietnam. Households obtain credit through formal and informal lenders. Formal loans are almost entirely for production and asset accumulation, while informal loans are used for consumption smoothening. Interest rates fell from 1997 to 2002, reflecting increased market integration. Moreover, the determinants of formal and informal credit demand are distinct. While credit ration...

  5. Study on the Credit Risk in Societies with Agricultural Profile

    Directory of Open Access Journals (Sweden)

    Jenica POPESCU

    2015-09-01

    Full Text Available The credit risk is one of the most important risks the banks face in their daily work and it has a direct impact on bank performance. In the current context, a bank has available a variety of options to determine capital requirements, to decrease the credit risk. This study aims to analyze the correlation of the main indicators of creditworthiness of firms and the credit risk, that a bank will take giving credit to these firms.

  6. Quantity versus Price Rationing of Credit: An Empirical Test

    Directory of Open Access Journals (Sweden)

    George A. Waters

    2013-07-01

    Full Text Available One proxy of price rationing of credit is an aggregation of information on interest rates, while loan officer survey data measures quantity rationing of credit, meaning some borrowers are denied loans. The latter Granger causes real GDP but the former does not. The loan officer survey is a better leading indicator of credit market conditions that affect real activity.

  7. 5 CFR 550.1405 - Crediting compensatory time off.

    Science.gov (United States)

    2010-01-01

    ... ADMINISTRATION (GENERAL) Compensatory Time Off for Travel § 550.1405 Crediting compensatory time off. (a) Upon a... employee is entitled to credit for compensatory time off for travel under the conditions specified in this... employee's request for credit of compensatory time off for travel may be denied if the request is not...

  8. 17 CFR 256.411.5 - Investment tax credit.

    Science.gov (United States)

    2010-04-01

    ... 17 Commodity and Securities Exchanges 3 2010-04-01 2010-04-01 false Investment tax credit. 256.411... HOLDING COMPANY ACT OF 1935 Income and Expense Accounts § 256.411.5 Investment tax credit. (a) This account shall be debited with the amounts of investment tax credits related to service company...

  9. Expanding Choice: Tax Credits and Educational Access in Montana

    Science.gov (United States)

    Carpenter, Dick M., II; Ross, John K.

    2009-01-01

    The evidence advanced in this report demonstrates that using tax credits to fund scholarships for students is both well-established and sound practice. Three existing credits allow taxpayer funds to flow to faith-based organizations, and one of those, the Qualified Endowment Credit, rewards contributions to more than a thousand charitable…

  10. 10 CFR 490.705 - Use of credits.

    Science.gov (United States)

    2010-01-01

    ... OF ENERGY ENERGY CONSERVATION ALTERNATIVE FUEL TRANSPORTATION PROGRAM Biodiesel Fuel Use Credit § 490.705 Use of credits. (a) At the request of a fleet or covered person allocated a credit under this... the Energy Policy Act of 1992. (c) A fleet or covered person that is a biodiesel alternative...

  11. 10 CFR 490.506 - Alternative fueled vehicle credit transfers.

    Science.gov (United States)

    2010-01-01

    ... Section 490.506 Energy DEPARTMENT OF ENERGY ENERGY CONSERVATION ALTERNATIVE FUEL TRANSPORTATION PROGRAM Alternative Fueled Vehicle Credit Program § 490.506 Alternative fueled vehicle credit transfers. (a) Any fleet... fueled vehicle credit to— (1) A fleet that is required to acquire alternative fueled vehicles; or (2)...

  12. 12 CFR 614.4356 - Farm Credit Leasing Services Corporation.

    Science.gov (United States)

    2010-01-01

    ... 12 Banks and Banking 6 2010-01-01 2010-01-01 false Farm Credit Leasing Services Corporation. 614... OPERATIONS Lending and Leasing Limits § 614.4356 Farm Credit Leasing Services Corporation. The Farm Credit Leasing Services Corporation may enter into a lease agreement with a lessee if the consolidated amount...

  13. Doing science: how to get credit for your scientific work.

    Science.gov (United States)

    Caudri, Daan; Bjerg, Anders; Saad, Neil; Jacinto, Tiago; Chalmers, James; Hardavella, Georgia

    2015-06-01

    Everyone deserves to be acknowledged for their efforts and contributions to a shared goal, and getting credit for your scientific work should be part of a natural process and should be fair and straightforward. However, credit cannot be objectively measured despite it having a big influence and, unfortunately, getting appropriate credit can occasionally be both complicated and challenging.

  14. 76 FR 16235 - Corporate Credit Unions, Technical Corrections

    Science.gov (United States)

    2011-03-23

    ... published a comprehensive overhaul to its corporate credit union rule, 12 CFR part 704. 75 FR 64786 (Oct. 20... particular investments that did not--when subject to the other credit risk and asset liability management... From the Federal Register Online via the Government Publishing Office NATIONAL CREDIT...

  15. 10 CFR 490.703 - Biodiesel fuel use credit allocation.

    Science.gov (United States)

    2010-01-01

    ... 10 Energy 3 2010-01-01 2010-01-01 false Biodiesel fuel use credit allocation. 490.703 Section 490.703 Energy DEPARTMENT OF ENERGY ENERGY CONSERVATION ALTERNATIVE FUEL TRANSPORTATION PROGRAM Biodiesel Fuel Use Credit § 490.703 Biodiesel fuel use credit allocation. (a) DOE shall allocate to a fleet...

  16. 75 FR 80678 - Conversions of Insured Credit Unions

    Science.gov (United States)

    2010-12-23

    ... person credit union's main office is located, and for corporate credit unions, ``Regional Director'' means the director of NCUA's Office of Corporate Credit Unions. This final rule amends the definition of... a reporting or a recordkeeping requirement, both referred to as information collections. The...

  17. 49 CFR 260.15 - Credit risk premium.

    Science.gov (United States)

    2010-10-01

    ... 49 Transportation 4 2010-10-01 2010-10-01 false Credit risk premium. 260.15 Section 260.15... REHABILITATION AND IMPROVEMENT FINANCING PROGRAM Overview § 260.15 Credit risk premium. (a) Where available... pay to the Administrator a Credit Risk Premium adequate to cover that portion of the subsidy cost...

  18. 49 CFR 260.17 - Credit risk premium analysis.

    Science.gov (United States)

    2010-10-01

    ... 49 Transportation 4 2010-10-01 2010-10-01 false Credit risk premium analysis. 260.17 Section 260... Financial Assistance § 260.17 Credit risk premium analysis. (a) When Federal appropriations are not available to cover the total subsidy cost, the Administrator will determine the Credit Risk...

  19. 76 FR 57940 - CCC Export Credit Guarantee (GSM-102) Program

    Science.gov (United States)

    2011-09-19

    ... Guarantee (GSM-102) Program AGENCY: Foreign Agricultural Service and Commodity Credit Corporation, USDA... administer the Export Credit Guarantee (GSM-102) Program. Changes in this proposed rule incorporate program...: Background On July 27, 2011, CCC published a proposed rule titled ``CCC Export Credit Guarantee...

  20. 26 CFR 1.23-1 - Residential energy credit.

    Science.gov (United States)

    2010-04-01

    ... 26 Internal Revenue 1 2010-04-01 2010-04-01 true Residential energy credit. 1.23-1 Section 1.23-1... Rates During A Taxable Year § 1.23-1 Residential energy credit. (a) General rule. Section 23 or former section 44C provides a residential energy credit against the tax imposed by chapter 1 of the...