The U.S. state of Utah is processing an agreement for a new Small Modular Reactor (SMR) to provide baseline and dispatchable power. The SMR bid quotes a price of $89/MWh. But cost overruns will tie the state’s consumers to whatever high prices entail, says Dennis Wamsted at IEEFA. Now a geothermal bid from NV Energy has been presented that offers the same capacity at around $70/MWh. Wamsted explains why the 140MW geothermal project would meet … [Read more...]
Small Modular Reactor cost overruns: the same old problems haunt new nuclear in Utah
Much hope is being placed on Small Modular Reactors (SMR) making new nuclear plants competitive. But David Schlissel at IEEFA summarises their research into the publications, updates and statements coming from the stakeholders involved with the SMR by UAMPS (Utah Associated Municipal Power Systems) and NuScale Power Corporation that shows that costs are going out of control, a persistent problem in the nuclear industry. The original target power … [Read more...]
Geopolitics and energy security require the U.S. and its allies to lead on Nuclear
Combine the current energy crisis with the geopolitical ambitions of Russia and China, and you have your reason for why the U.S. and its allies should prioritise nuclear, argues Robert Ichord at the Atlantic Council. All three nations have well-developed world-leading nuclear sectors. But it’s Russia that has been the largest exporter of nuclear reactors to the world market. Meanwhile, China has the most plants under construction at twenty. The … [Read more...]
U.S. can’t hit net-zero power target by 2035 without Advanced Nuclear
President Biden’s target of net-zero power generation by 2035 will be extremely challenging, if not impossible, argues Charles Merlin writing for IFRI. He says the best chance of achieving it is through advanced nuclear reactors, though the 2030+ switch-on dates of the new technology still won’t guarantee meeting Biden’s timescales. Why should the U.S. drive for advanced nuclear? Because of the known limitations of the other technologies. Wind … [Read more...]
Convolutional neural networks: facial recognition AI applied to analysis and design of Advanced Nuclear Reactors
Scientists are looking for new ways to predict how materials survive high temperatures, pressures and corrosion levels, and design new materials that can do so. Temperatures can reach 800 Celsius in parts of solar energy plants and advanced nuclear reactors. Dave Bukey at the Argonne National Laboratory looks at research that uses convolutional neural networks – a type of AI – to uncover patterns in huge data sets. The method is over 2,000 faster … [Read more...]
Micro-nuclear reactors: up to 20MW, portable, safer
Scientists are working on micro-nuclear reactors that are so small they can fit on the back of a truck or a standard 40-foot shipping container, explains Christina Nunez writing for the Argonne National Laboratory. Deliberately small, generating up to 20MW, they could provide zero-carbon power in remote settings or supplement electrical power grid recovery. Another idea would be to locate them on remote highways for re-charging long distance … [Read more...]
Washington State (U.S.) bill could make it the home for next generation Nuclear
Nuclear may soon be getting a boost from Washington State in the north-west of the U.S. There, a bill is being presented to promote the manufacture and deployment of new nuclear reactors. It will provide generous tax incentives to nuclear investments in the state. It’s the sort of support that renewable energy technology is used to, yet nuclear struggles to get because of critics of nuclear energy. That opposition is very frustrating, explains … [Read more...]
Nuclear: Does the West’s military need Small Modular Reactors?
The development of small modular nuclear reactors (SMRs), generating up to 300MW, are already getting support for civilian purposes. The military in Russia, China and the U.S. are also interested. It should reduce the reliance on long fuel supply lines, the defence of which costs lives. SMRs would be factory made and delivered on site. But Lukas TrakimaviÄŤius says many difficult questions must be answered before the West commits to this solution. … [Read more...]
Study identifies causes of soaring Nuclear plant cost overruns
Why does nuclear power cost so much when the technology has had decades to get it right? MIT’s David Chandler explains how researchers there have identified the main causes of the cost overruns in the U.S. It turns out that building new plants by copying existing designs actually costs more. That’s because site-specific constraints mean problems are being fixed during construction, adding to costs and delays. New types of concrete are being … [Read more...]
Nuclear in 2020: a global look ahead at policy, financing, politics, by country
Dan Yurman presents his worldwide review of nuclear’s prospects. 19 nations are covered. He explains while some countries are planning to scale down nuclear, like South Korea and France, some are increasing investment, like China. Others remain stuck over policy, pricing, financing and politics (e.g. Japan, the U.S.). Exporters of plants, led by Russia, are making moves – not always easily - in Eastern Europe and the Middle East. R&D … [Read more...]
Rolls Royce wants innovative financing for its first-of-a-kind nuclear SMRs
Rolls Royce has made nuclear reactors for decades, small enough to fit inside nuclear submarines. It’s now adapting that expertise for the grid. Dan Yurman runs through the details of the firm's plans, including a look at its first-of-a-kind 440MW technology. Regulatory timescales will be kept short by developing the small modular reactors (SMRs) at existing licensed nuclear sites – with Cumbria and Wales its main targets. Importantly, an … [Read more...]
Small Modular Reactors: interview with NuScale’s Jose Reyes
Dan Yurman has interviewed the co-founder and Chief Technology Officer of NuScale Power, Jose Reyes. NuScale designs and markets small modular reactors (SMRs). Its NuScale Power Module can generate 60 MW: small units, alone or combined, can suit a far wider range of energy demand than standard reactors that deliver hundreds of MWs at a minimum. The comprehensive interview covers international and U.S. developments, including plans to commence … [Read more...]
SMR reactors: questions the “new nuclear” industry needs to answer
The new energy world is full of ambition about future developments, not least nuclear. At some point hard questions have to be asked and answered. Dan Yurman is asking questions about next generation Small Modular Reactors (SMRs). For example, why take on the unknown material and regulatory risk of SMRs over the known risks of proven LWRs? Which governments and/or investors will back the $500m needed to get an SMR into production? Where are the … [Read more...]
Next generation nuclear: 25MW, smaller, safer, can be sited anywhere
Dan Yurman looks at plans for Small and Micro Nuclear Reactors. A UK report on Micros that generate 30MW says it’s an opportunity for the country to own the IP and export units that are simple in design, factory constructed and capable of being sited in remote locations. Given the rough ride nuclear can get, the report warns that progress will depend on political, regulatory and financial support. Meanwhile, in the US, Westinghouse will have a … [Read more...]
