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Deploying nuclear power: Financing, risk, and execution in the current market environment
Nielson
The renewed global interest in nuclear power is often framed as a policy story driven by decarbonization goals, energy security concerns, and surging electricity demand from digital infrastructure and electrification. While these forces are real and durable, they materially understate the challenge at hand. The practical constraint on nuclear deployment today is not strategic will, but execution. Specifically, the challenge lies in how nuclear projects are financed, how risk is allocated, and how investors assess credibility in a sector defined by long timelines and asymmetric downside risk.
B. F. Gore, B. R. Leonard, Jr.
Nuclear Science and Engineering | Volume 53 | Number 3 | March 1974 | Pages 319-323
Technical Note | doi.org/10.13182/NSE74-A23356
Articles are hosted by Taylor and Francis Online.
Calculations have been performed which indicate the possibility of reducing below ten years the effective half-life for transmutation of massive loadings of 137Cs placed in the blanket of a controlled thermonuclear reactor (CTR). The calculations assume the cylindrical “standard blanket” geometry and neutron source (which yields a vacuum wall loading of 10 MW/m2 of 14-MeV neutrons). Significant thermal flux enhancement is obtained by (n,2n) reactions in a beryllium moderator. Gas production and induced radioactivity problems in the beryllium moderator are not much worse than in a graphite moderator. For an 80% target-zone loading of 137Cs, a transmutation rate of 290 kg per year per meter of CTR length is obtained. At this loading, the transmutation rate in roughly 1% of the length of a CTR blanket would balance the production rate in a fission reactor of the same power. Constraint of the CTR source strength to yield a wall loading of 1 MW/m2 would increase the effective half-life for 137Cs to more than 20 years.