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Small reactors game changers for the nuclear industry?
Small reactors game changers for the nuclear industry? B&W and Bechtel form small modular reactor alliance: http://theenergycollective.com/djysrv/40078/bw-and-bechtel-form-small-modular-reactor-alliance
"Two leading energy announced July 14 they plan to jointly build and
sell 125MW small light water reactors as turn-key projects to U.S.
utilities and for export. Babcock & Wilcox (B&W) and Bechtel
Power have entered into a formal alliance to build small modular
reactors (SMR). Customers can add modules to match growth in electricity
demand.
Jack Futcher, president of Bechtel Power, which has a 20%
stake in the alliance, said, ""Nuclear energy is a viable source of
energy. SMRs are affordable and scalable. It has a potential to be a
real game changer."
The alliance joins the design and fabrication
capabilities of B&W with the engineering, procurement, and
construction expertise of Bechtel Power. The development takes the
potential for commercial deployment of a small reactor closer to
reality. It puts the B&W Generation mPower SMR out in front of the
competition from other firms like NuScale and Hyperion. The first unit
built for a customer could enter revenue service as soon as 2020.
Bechtel and B&W are privately-held firms so there is no way to
specifically tie the announcement to stock prices or investor interest.
First Energy is publically traded, but is diversified across nuclear,
coal, and natural gas fueled plants. TVA is a quasi-government agency."
And this is a great summary of activities around the world on Small Nuclear Power Reactors from World Nuclear Association: http://www.world-nuclear.org/info/inf33.html
"As nuclear power generation has become established since the 1950s,
the size of reactor units has grown from 60 MWe to more than 1600 MWe,
with corresponding economies of scale in operation. At the same time
there have been many hundreds of smaller power reactors built both for
naval use (up to 190 MW thermal) and as neutron sourcesa, yielding
enormous expertise in the engineering of small units. The International
Atomic Energy Agency (IAEA) defines 'small' as under 300 MWe, and up to
700 MWe as 'medium' – including many operational units from 20th
century. Together they are now referred to by IAEA as small and medium
reactors (SMRs). However, 'SMR' is used more commonly as acronym for
Small Modular Reactors.
Today, due partly to the high capital cost
of large power reactors generating electricity via the steam cycle and
partly to the need to service small electricity grids under about 4
GWe,b there is a move to develop smaller units. These may be built
independently or as modules in a larger complex, with capacity added
incrementally as required (see section below on Modular construction
using small reactor units). Economies of scale are provided by the
numbers produced. There are also moves to develop small units for remote
sites. Small units are seen as a much more manageable investment than
big ones whose cost rivals the capitalization of the utilities
concerned.
This paper focuses on advanced designs in the small
category, i.e. those now being built for the first time or still on the
drawing board, and some larger ones which are outside the mainstream
categories dealt with in the Advanced Reactors paper. Note that many
of the designs described here are not yet actually taking shape. Three
main options are being pursued: light water reactors, fast neutron
reactors and also graphite-moderated high temperature reactors. The
first has the lowest technological risk, but the second (FNR) can be
smaller, simpler and with longer operation before refueling.
Generally, modern small reactors for power generation are expected to
have greater simplicity of design, economy of mass production, and
reduced siting costs. Most are also designed for a high level of passive
or inherent safety in the event of malfunctionc. A 2010 report by a
special committee convened by the American Nuclear Society showed that
many safety provisions necessary, or at least prudent, in large reactors
are not necessary in the small designs forthcomingd."
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