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.
Fig. 1. All reactors. The median DER net capacity factor of the 96 reactors included in this survey for the three-year period 2018–2020 is 91.33 percent. For the five three-year periods between 1997 and 2011 shown above, 104 reactors were in operation. The 2012–2014 capacity factor includes 100 reactors, and 2015–2017 includes 99 reactors.
Capacity factor is a measure of reliability, and reliability delivers results. The U.S. nuclear power fleet produced about 789.9 TWh of clean electricity in 2020 and ended the year with 94 operating reactors. According to Energy Information Administration data, that’s about 37 percent more electricity than the 576.9 TWh produced in 1990 by a much larger fleet of 112 reactors.
Nuclear News has tracked and analyzed the capacity factors of the U.S. fleet since the early 1980s, before concerted industry efforts yielded unforeseen performance improvements. High nuclear capacity factors are now less an achievement than an expectation. So much so, in fact, that advanced reactors in development today are assumed to be capable of achieving capacity factors above 90 or even 95 percent.
The U.S. fleet has maintained a median capacity factor near 90 percent for 20 years (see Fig. 1), and the median design electrical rating (DER) net capacity factor for 2018–2020, at 91.33, does not disappoint—unless by showing virtually no change relative to the median of 91.34 recorded in 2015–2017. However, this lack of meaningful difference only underscores the consistent reliability of the U.S. fleet.
Kraków’s Zablocie Business Park B. (Photo: OfficeMAP)
After declaring its intention earlier this year to invest in nuclear technologies in Poland, Westinghouse Electric Company on May 24 announced the establishment of a “world-class” global shared service center in Kraków.
An artist's rendering of the NuScale plant. Image: NuScale
Portland, Ore.–based NuScale Power has announced the signing of a memorandum of understanding with the Grant County Public Utility District (Grant PUD) to evaluate the deployment of NuScale’s advanced nuclear technology in central Washington state.
Artist’s conception of the UK SMR consortium’s small modular reactor. (Image: Rolls-Royce)
The UK SMR consortium last week revealed the latest design and power upgrade—from 440 MW to 470 MW—for its proposed small modular reactor. According to the consortium’s lead company, Rolls-Royce, the “refreshed” design features a faceted roof, an earth embankment surrounding the reactor to integrate with the landscape, and a more compact building footprint.
Artist’s rendering of the MMR project. (Image: USNC)
Global First Power’s (GFP) Micro Modular Reactor (MMR) project has moved to the formal license review phase with the Canadian Nuclear Safety Commission (CNSC), becoming the first small modular reactor to do so.
May 21, 2021, 2:41PMNuclear NewsCharles Forsberg and Eric Ingersoll TerraPower and GE Hitachi Nuclear Energy jointly developed the sodium-cooled Natrium reactor with the turbine hall, nitrate heat storage tanks, and cooling towers separated from the reactor at the back of the site.
The viability of nuclear power ultimately depends on economics. Safety is a requirement, but it does not determine whether a reactor will be deployed. The most economical reactor maximizes revenue while minimizing costs. The lowest-cost reactor is not necessarily the most economical reactor. Different markets impose different requirements on reactors. If the capital cost of Reactor A is 50 percent more than Reactor B but has characteristics that double the revenue, the most economical reactor is Reactor A.
The most important factor is an efficient supply chain, including on-site construction practices. This is the basis for the low capital cost of light water reactors from China and South Korea. The design of the reactor can significantly affect capital cost through its impact on the supply chain. The question is, how can advanced reactors boost revenue and reduce costs?