Hot U market and simmering interest in HALEU: It boils down to demand

September 22, 2021, 3:00PMNuclear News
(Click photo to enlarge) One of 16 AC100M gas centrifuges built by Centrus Energy for HALEU production in Piketon, Ohio. (Photo: Centrus Energy)

For years, pressure has been building for a commercial path to a stable supply of high-assay low-enriched uranium (HALEU)—deemed essential for the deployment of advanced power reactors—but advanced reactor developers and enrichment companies are still watching and waiting. In contrast, the uranium spot price soared after Sprott Physical Uranium Trust, a Canadian investment fund formed in July, began buying up U3O8 supplies, causing the price to increase over 60 percent, topping $50 per pound for the first time since 2012. Fueled by growing acknowledgment that nuclear power is a necessary part of a clean energy future, uranium is the focus of attention from Wall Street to Capitol Hill.

Rewriting the script: The real story of advanced reactors

August 19, 2021, 3:02PMNuclear NewsSusan Gallier
The EBR-II sodium fast reactor at Idaho National Laboratory began operations in 1964 and generated electricity for decades. Soon it will serve as a National Reactor Innovation Center test bed for future advanced reactor demonstrations. (Source: ANL)

At the box office or streaming at home, it’s fear, not truth, that sells. The laws of physics are swept aside, apocalypse is inevitable, and superpowered heroes wait until the last possible second to save the universe. It can make for great entertainment, but in the real world we need to stick with science over science fiction and be wowed by engineering, not special effects.

The truth is, science and innovation are incredible in their own right. From communications and machine learning to space travel and medical advances, technology is evolving in hyperdrive to solve real problems. With climate change and global warming here on earth, we don’t have to go looking for trouble in a galaxy far, far away.

The VTR is “crucial” for U.S. national security, Atlantic Council leaders contend

August 4, 2021, 9:30AMANS Nuclear Cafe

Mies

Graham

An article written by national security experts Thomas Graham Jr. and Richard W. Mies, published online in The National Interest on August 3, argues that a recent move by the House Appropriations Committee to zero out the budget for the Versatile Test Reactor “has grave ramifications for U.S. national security and the fight against climate change.” Funding and building the VTR would present an opportunity for the United States to regain its leadership role in nuclear reactor designs and fuel, Graham and Mies assert.

Former ambassador Graham is chairman of the board of Lightbridge Corporation and former general counsel and acting director of the U.S. Arms Control and Disarmament Agency. Retired admiral Mies served as the fourth commander in chief of U.S. Strategic Command. Graham and Mies serve as cochairs of the Atlantic Council’s Nuclear Energy and National Security Coalition. Select excerpts from their article are provided here.

DOE’s Huff: VTR is key to sustained advanced reactor innovation

August 3, 2021, 7:00AMNuclear News
A rendering of the VTR facility. (Image: INL)

Kathryn Huff, the Department of Energy’s acting assistant secretary for nuclear energy, asserted in an article published online by the Office of Nuclear Energy (DOE-NE) on July 30 that demonstration reactors, such as the Natrium and Xe-100 reactors being built as full-size power producers with cost-shared funding from the DOE, and test reactors, such as the Versatile Test Reactor, are both necessary for nuclear innovation. Both are also line items in the DOE budget request, and Huff’s article sends a clear message to appropriators about the need to fund both the Advanced Reactor Demonstration Program (ARDP) and the VTR.

House appropriators pass bill with more funding for nuclear energy

July 19, 2021, 12:01PMNuclear News

The House Committee on Appropriations last week approved an Energy and Water Development funding bill for fiscal year 2022 that provides an 11 percent increase for the Department of Energy’s Office of Nuclear Energy.

Reported favorably out of committee on July 16 via a party-line vote of 33 to 24, the House bill sports a total price tag of $53.2 billion, an increase of $1.5 billion from the FY 2021 enacted level. (The committee’s official report on appropriations for the next fiscal year can be found here.)

Kairos Power is building toward low-power demo operations in 2026

July 16, 2021, 9:00AMNuclear News
Artistic rendering of the Hermes low-power demonstration reactor. (Image: Kairos Power)

Today, Tennessee governor Bill Lee joined Department of Economic and Community Development commissioner Bob Rolfe and Kairos Power officials in Nashville, Tenn., to celebrate Kairos’s plans to construct a low-power demonstration reactor in the East Tennessee Technology Park in Oak Ridge, Tenn. The company first announced its plans to redevelop the former K-33 gaseous diffusion plant site at the Heritage Center, a former Department of Energy site complex, in December 2020.

2021 ANS Virtual Annual Meeting: CEO roundtable

June 18, 2021, 9:37AMNuclear News

The 2021 ANS Annual Meeting brought together three leading chief executive officers from the nuclear industry on June 16 for a discussion centered on the future role of nuclear energy deployment and the challenges of portfolio management during a time of net-zero carbon goals.

Annual Meeting Opening Plenary Session: Breaking through to deployment

June 15, 2021, 9:57AMNuclear News

The theme of the 2021 ANS Virtual Annual Meeting—Breaking Through to Deployment—is a theme of action. It can take substantial momentum, shrewdly applied, to break through barriers.

TerraPower’s Natrium demo is headed to Wyoming

June 3, 2021, 12:03PMNuclear News
A future TerraPower plant visualization. (Graphic: TerraPower)

TerraPower has a design for a sodium-cooled fast reactor and federal cost-shared demonstration funding from the Department of Energy. Its partner, PacifiCorp, has four operating coal-fired power plants in the state of Wyoming. On June 2, together with Wyoming Gov. Mark Gordon and others, the companies announced plans to site a Natrium reactor demonstration project at a retiring coal plant in Wyoming, with a specific site to be announced by the end of 2021.

TVA and Kairos partner on demonstration reactor

May 6, 2021, 3:00PMNuclear News
Artist’s rendering of Kairos Power’s KP-FHR reactor. (Image: Kairos Power)

The Tennessee Valley Authority and nuclear technology and engineering company Kairos Power this morning announced plans to collaborate on the deployment of the latter’s low-power demonstration reactor, dubbed Hermes, at the East Tennessee Technology Park (ETTP) in Oak Ridge, Tenn. TVA will provide engineering, operations, and licensing support to help Kairos with deployment, according to the announcement.

Partnership supports siting Xe-100 demo in Washington state

April 1, 2021, 3:00PMNuclear News
U.S. Rep. Dan Newhouse (R., Wash.) observes as (from left) Energy Northwest CEO Brad Sawatzke, X-energy CEO Clay Sell, and Grant PUD CEO Kevin Nordt sign the TRi Energy Partnership MOU on April 1 at the Port of Benton in Richland, Wash. Photo: Energy Northwest

Building the nation’s first advanced reactor is the goal of a partnership formed between X-energy, Energy Northwest, and the Grant County (Washington) Public Utility District (PUD).

The TRi Energy Partnership will support the development and demonstration of X-energy’s Xe-100 high-temperature gas reactor, which was selected by the Department of Energy for a cost-shared commercial demonstration by 2027 through the DOE’s Advanced Reactor Demonstration Program (ARDP). The new partnership was announced on April 1, when Clay Sell, X-energy’s chief executive officer; Brad Sawatzke, Energy Northwest’s CEO; and Kevin Nordt, the Grant County PUD’s CEO, met in Richland, Wash., to sign a memorandum of understanding.

Axios reviews “green” fuel options for commercial shipping

March 10, 2021, 12:01PMANS Nuclear Cafe

In an article published on March 5, Axios reviews the ways the world’s maritime companies are trying to decarbonize. The maritime industry, “from ferries to freighters—is trying to navigate a once-in-a-century transition away from fossil fuels to new, cleaner means of propulsion,” the article explains.

Emissions from shipping: The article notes that the world’s economy relies on international shipping, with more than 90 percent of global trade traveling via maritime vessels. The issue, though, is that “the vessels burn about 4 million barrels of oil a day, accounting for almost 3 percent of the world’s carbon emissions.” The article then cites a United Nations report from 2018 that sets greenhouse gas reduction targets of 50 percent by 2050 compared to 2008 levels.

Fuel innovation: Powering nuclear modernization

January 18, 2021, 9:35AMNuclear NewsBen Holtzman

Today’s U.S. commercial nuclear power plants are fueled with uranium dioxide pressed into cylindrical ceramic pellets—and have been for decades. These pellets are stacked inside long fuel rods made of a zirconium alloy cladding. Innovation in nuclear fuel, however, can improve safety, reduce operating costs, and further enable the development of a new generation of non-light-water reactors.

Holtec SMR could be built at Oyster Creek site

January 11, 2021, 3:00PMANS News

The site of the Oyster Creek Nuclear Generating Station in Lacey Township, N.J., could be the location for Holtec International’s SMR-160 small modular reactor, according to an AP News story published last week.

ARDP investment: Holtec received $147.5 million in Advanced Reactor Demonstration Program funding to demonstrate its SMR design. Company spokesperson Joe Delmar said, “As part of our application to the Department of Energy for its advanced reactor demonstration program, we expressed interest in possibly locating an SMR-160 small modular reactor at the Oyster Creek decommissioning site in the future. This concept is only preliminary and something we would likely discuss with Lacey Township and the community if plans to locate (the reactor) at Oyster Creek evolve.”

The year in review 2020: Research and Applications

January 8, 2021, 11:59AMNuclear News

Here is a look back at the top stories of 2020 from our Research and Applications section in Newswire and Nuclear News magazine. Remember to check back to Newswire soon for more top stories from 2020.

Research and Applications section

ARC-20 cost-share funds go to ARC Nuclear, General Atomics, and MIT

December 23, 2020, 7:00AMNuclear News

Designs chosen for ARC-20 support could be commercialized in the mid-2030s. Graphic: DOE

The Department of Energy’s Office of Nuclear Energy (DOE-NE) has named the recipients of $20 million in Fiscal Year 2020 awards for Advanced Reactor Concepts–20 (ARC-20), the third of three programs under its Advanced Reactor Demonstration Program (ARDP). The three selected teams—from Advanced Reactor Concepts LLC, General Atomics, and the Massachusetts Institute of Technology—will share the allocated FY20 funding for ARC-20 and bring the total number of projects funded through ARDP to 10. DOE-NE announced the news on December 22.

The DOE expects to invest a total of about $56 million in ARC-20 over four years, with industry partners providing at least 20 percent in matching funds. The ARDP funding opportunity announcement, issued in May 2020, included ARC-20 awards, Advanced Reactor Demonstration awards, and Risk Reduction for Future Demonstration awards.

Congress set to pass year-end funding bill

December 22, 2020, 12:08PMNuclear News

The final text of the approximately 5,600-page Consolidated Appropriations Act 2021 was released on December 22. While the timing of final passage is still fluid, the Senate was expected to approve it and send it on to President Trump to sign into law, according to John Starkey, American Nuclear Society government relations director.

Below are some key funding highlights from the legislation pertaining to nuclear energy.

Advanced reactors take center stage in Popular Mechanics

December 17, 2020, 6:59AMANS Nuclear Cafe

The January/February 2021 issue of Popular Mechanics hit subscriber mailboxes this week with a stark cover image of a single small reactor under the headline, “Tiny nuclear reactors are about to revolutionize American energy.” The story looks at advanced reactors as a pivotal step to “redeem nuclear’s stature in American energy.”

A good primer: The article does a good job introducing the casual reader to the idea that “bigger is no longer better” and that the future of nuclear power in the United States will most likely be “a combination of traditional large plants and smaller, safer megawatt reactors.”

Advanced reactors, including small modular reactors, show that nuclear is no longer a one-size-fits-all operation, the article notes. The industry now “is all about personalization,” says Ken Canavan, Westinghouse’s chief technical officer, who is quoted in the article. The capacity and scalability of SMRs “is just irreplaceable,” he adds.

The article explains that SMRs, microreactors, and other advanced reactor designs will be able to bring reliable, carbon-free power to small or remote locations, replacing fossil fuel power plants and supplementing the “resource-sucking downtimes left by renewables.”

Five advanced reactor designs get DOE risk reduction funding

December 16, 2020, 3:00PMNuclear News

The Department of Energy today announced $30 million in initial fiscal year 2020 funding—with the expectation of more over the next seven years—for five companies selected for risk reduction for future demonstration projects. The chosen reactor designs from Kairos Power, Westinghouse, BWX Technologies, Holtec, and Southern Company collectively represent a range of coolants, fuel forms, and sizes—from tiny microreactors to a molten salt reactor topping 1,000 MWe. They were selected for cost-shared partnerships under the Office of Nuclear Energy’s Advanced Reactor Demonstration Program (ARDP) through a funding opportunity announcement issued in May 2020.

“All of these projects will put the U.S. on an accelerated timeline to domestically and globally deploy advanced nuclear reactors that will enhance safety and be affordable to construct and operate,” said Energy Secretary Dan Brouillette. “Taking leadership in advanced technology is so important to the country’s future, because nuclear energy plays such a key role in our clean energy strategy.”

Core Power thinks nuclear will make waves in commercial shipping

November 5, 2020, 9:40AMNuclear News

Illustration of Core Power’s modular MSR concept. Image: Core Power

Core Power is a tiny startup that is bullish on the prospects for nuclear-powered ocean transportation. The company announced on November 2 that it is part of a team that has applied for a cost-shared award from the Department of Energy’s Advanced Reactor Demonstration Program (ARDP) to build a prototype molten salt reactor (MSR). Core Power believes that MSRs could be used for propulsion or electricity generation to decarbonize the world’s commercial shipping fleet.

Based in London, England, Core Power is the only non-U.S. member of the team, which includes TerraPower, Southern Company, and Orano USA. As a marine engineering firm, Core Power says that it offers its ARDP partners “access to pent-up demand from a market with real customers.” An announcement of ARDP “risk reduction for future demonstrations” award winners is expected in December.