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Neutron Bytes: DOE Awards $60M for Advanced Nuclear Energy R&D; France Ink Nuclear Collaboration with US

  • The U.S. Department of Energy (DOE) has selected 13 projects to receive approximately $60 million in federal funding for cost-shared research and development for advanced nuclear technologies.
  • These awards are the first under DOE’s Office of Nuclear Energy’s U.S. Industry Opportunities for Advanced Nuclear Technology Developmentfunding opportunity announcement (FOA)
  • Subsequent quarterly application review and selection processes will be conducted over the next five years.
  • DOE intends to apply up to $40 million of additional FY 2018 funding to the next two quarterly award cycles for innovative proposals under this FOA.

The selected awards underscore the importance of the private-public partnerships engaged in by U.S. companies in order to share expertise needed to successfully develop innovative nuclear technologies.

Accelerating Advanced Reactors infographic-1200x900-01 Read more

HBS Op-Ed: Why Private Investors Must Fund ‘New Nuclear’ Power Right Now

by Joseph Lassiter

In June 2016, I gave a TED Talk called We Need Nuclear Power to Solve Climate Change. The talk discussed the world’s realistic options for reducing fossil CO2 emissions soon enough to contain climate change’s more severe effects. To my surprise, that talk has now been viewed more than 1.1 million times.

I have learned a lot from the many, many conversations that have emerged around the talk. Some of these conversations have made me hopeful, but most have made me realize how far we must go to meet society’s urgent need for both more energy and a cleaner environment. Solving either of these problems without solving the other may be a costly outcome, but it is not an informed choice. The world must have much better, low-cost, zero-carbon emission alternatives to meet the world’s urgent need for on-demand, around-the-clock power. And those alternatives need to be available now. Read more

Nikkei: Bill Gates and China spur development of next-generation reactors

BEIJING — The Chinese city of Cangzhou is known for its long tradition of martial arts mastery. If Bill Gates has his way, it will also be known as the birthplace of the nuclear power plant of the future.

TerraPower, a U.S. nuclear-reactor design company chaired by the Microsoft co-founder, is looking to build a new model called a traveling-wave reactor, or TWR, with state-owned China National Nuclear Corp.

The two entities set up a joint venture in November, answering Chinese Premier Li Keqiang’s call for “breakthroughs through collective wisdom and international cooperation.”

Li said he hoped that a combination of advanced technology from the U.S. and “China’s rich talent resources” could make it happen.

Gates said the new nuclear technology is of great importance for the future development of energy and technology, ensuring a clean, safe and reliable energy supply.

“We are willing to turn common visions into reality with an open attitude,” he said at his November meeting with Li.

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Nikkei: China eyes offshore reactors as next step in nuclear goals

New power source could have serious implications for South China Sea disputes

BEIJING — Chinese state-owned companies are taking major steps toward building floating nuclear reactors, with the first slated to come online as early as 2019, amid a national push to meet growing energy demands at offshore oil fields and remote islands.

But any attempt to set these facilities up in disputed waters in the South China Sea will likely be met by international condemnation.

Chinese President Xi Jinping hopes to boost his country’s capacity to produce nuclear power.

China National Nuclear Corp. is currently one stride ahead of the pack, launching a 1 billion yuan ($154 million) joint venture with other state-owned companies like China State Shipbuilding and Shanghai Electric Group. The new company formed will handle all aspects of power generation from constructing plants to selling electricity. It is currently developing a facility with the capacity to generate 100,000kW, roughly 10% of a standard nuclear power plant.

Local media quoted a CNNC official as saying that the goal is to complete the first floating plant this year and to bring it online in 2019. But sources in the industry say many technical challenges remain, and the facility may not start operating until the 2020s.

China General Nuclear Power, another key player, aims to start building its first offshore nuclear plant this year and to bring it online in 2023. Plants designed for use in offshore oil fields will have a capacity of 50,000kW, and those for islets a capacity of 200,000kW, according to the company.

China Shipbuilding Industry, on the other hand, is focusing on smaller facilities ranging from 25,000kW to 100,000kW in capacity, and is looking to begin operating plants around 2020.

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Nikkei: Japan weighs exports of safer, next-gen nuclear reactors

Order from Poland, worth as much as $9bn, may be there for the taking

TOKYO — Japan’s government is mulling plans to export next-generation nuclear reactors that promise a greater degree of safety, with Poland lined up as the probable first destination.

The move, which would involve high temperature gas reactors, or HTGRs, is part of the government’s infrastructure export strategy. Poland, which is turning to nuclear power as a cleaner energy option, is looking at acquiring about 20 such reactors — equipment worth more than 1 trillion yen ($9 billion).

Tokyo will inform Poland of its intentions by the end of this month at the earliest — though it may face competition from China for the order.

The reactors in question use helium gas as a coolant, unlike conventional reactors that use water. This removes the risk of chemical reactions and vaporization — and thus the risk of hydrogen or steam explosions.

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