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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.
James H. Stuhmiller, Paul J. Masiello, Govinda S. Srikantiah, Lance J. Agee
Nuclear Technology | Volume 112 | Number 3 | December 1995 | Pages 346-354
Technical Paper | Heat Transfer and Fluid Flow | doi.org/10.13182/NT95-A35160
Articles are hosted by Taylor and Francis Online.
The estimation of critical heat flux (CHF) in nuclear reactors is based largely on empirical relations that have aphysteal limiting conditions, a narrow range of applicability, and are inadequate for transient conditions. It is generally agreed that a more physically based approach is needed. Evidence is presented supporting the importance of boiling-induced fluid flow on the CHF process. Computational fluid dynamics (CFD) is used to model the microscale, transient dynamics of a vapor bubble growing in a subcooled liquid, resulting in qualitative reproduction of vapor blanket growth and CHF. The same CFD techniques are used to evaluate the macroscale thermal diffusion caused by spacers, resulting in qualitative reproduction of previous empirical results. This work forms the basis for a systematic investigation of CHF that could result in improved and less costly procedures for nuclear fuel design.