38
1 The Stable Salt Reactor - Safer, Cleaner and Cheaper SMR 2016 Ian Scott

The Stable Salt Reactor - Safer, Energy and Climate Change ... · ALTERNATIVE POWER SOURCES Bloomberg New Energy Finance (2013) Large margin between LCOE and market electricity price

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Page 1: The Stable Salt Reactor - Safer, Energy and Climate Change ... · ALTERNATIVE POWER SOURCES Bloomberg New Energy Finance (2013) Large margin between LCOE and market electricity price

1

Energy and Climate Change ConferenceJULY 2016

The Stable Salt Reactor - Safer,

Cleaner and Cheaper

SMR 2016 Ian Scott

Page 2: The Stable Salt Reactor - Safer, Energy and Climate Change ... · ALTERNATIVE POWER SOURCES Bloomberg New Energy Finance (2013) Large margin between LCOE and market electricity price

2

Energy and Climate Change ConferenceJULY 2016

Background to Moltex Energy

SMR 2016

Page 3: The Stable Salt Reactor - Safer, Energy and Climate Change ... · ALTERNATIVE POWER SOURCES Bloomberg New Energy Finance (2013) Large margin between LCOE and market electricity price

Tim Abram

Westinghouse Professor of

Nuclear Fuel technology,

University of Manchester

Derek Fray

FRS, FR Eng, Director of

Research, Cambridge University

Paul Madden

FRS, Provost Queens College

Oxford

Paul Littler

Nuclear Technical Director,

Atkins Ltd

Nial Greeves

Head of Nuclear, Fraser-Nash

Consultancy

Moltex Energy Support

Technical Advisory

Board

Business Advisory

Board

Tony Roulston

Former MD Rolls Royce Nuclear

Mark Higson

Former CEO Office for Nuclear

Development, DECC

Norman Harrison

Director Nuclear Liabilities Fund,

Former CEO UKAEA,

Frans Boydon

Former Superintending Nuclear

Inspector, Nuclear Installations

Inspectorate

Neutronics Simulations,

Corrosion and Heat Transfer

Experiments

Key Claim Validation

Fuel Cycle

Communication

Support

Computational Fluid

Dynamic and Heat

Transfer Simulations

Prototype Fuel Assembly

Fabrication and

Manufacturing Reviews

Development

Partners

Licensing & Controls

Support (C&I)

Plant Cost Estimating &

Safety Assessments

Page 4: The Stable Salt Reactor - Safer, Energy and Climate Change ... · ALTERNATIVE POWER SOURCES Bloomberg New Energy Finance (2013) Large margin between LCOE and market electricity price

Today’s low ambitions for nuclear

International Energy Agency 2015 World Energy Outlook

0

50

100

150

200

250

300

350

400

GW

Large Nuclear

SMR ~Cost ofLarge nuclear(NNL)

Page 5: The Stable Salt Reactor - Safer, Energy and Climate Change ... · ALTERNATIVE POWER SOURCES Bloomberg New Energy Finance (2013) Large margin between LCOE and market electricity price

O/N Coal 2016

Nuclear Energy is too Expensive

O/N Gas 2016

Page 6: The Stable Salt Reactor - Safer, Energy and Climate Change ... · ALTERNATIVE POWER SOURCES Bloomberg New Energy Finance (2013) Large margin between LCOE and market electricity price

Why do PWR’s need such complex

and expensive safety systems?

Water at 325°C explodes

violently if pressure

vessel fails

Zircalloy tube – reacts

with water producing

explosive hydrogen

Solid fuel pellet – internal

pressure 10 tons per sq.

inch of extremely

dangerous gas

Page 7: The Stable Salt Reactor - Safer, Energy and Climate Change ... · ALTERNATIVE POWER SOURCES Bloomberg New Energy Finance (2013) Large margin between LCOE and market electricity price

Molten Salts eliminate the hazards

Solid fuel pellet – internal

pressure 10 tons per sq.

inch of extremely

dangerous gas

Zircalloy tube – reacts

with water producing

explosive hydrogen

Water at 325°C explodes

violently if pressure vessel

fails

Molten salt coolant – no

pressure, chemically

stable, miscible with fuel

salt

Steel tube - no reaction

with fuel or coolant

molten salts

Molten salt fuel – no

pressure and caesium

and iodine non volatile

Page 8: The Stable Salt Reactor - Safer, Energy and Climate Change ... · ALTERNATIVE POWER SOURCES Bloomberg New Energy Finance (2013) Large margin between LCOE and market electricity price

8

Energy and Climate Change ConferenceJULY 2016

The Stable Salt Reactor

SMR 2016

Page 9: The Stable Salt Reactor - Safer, Energy and Climate Change ... · ALTERNATIVE POWER SOURCES Bloomberg New Energy Finance (2013) Large margin between LCOE and market electricity price

Fuel Assembly like Sodium Fast

Reactor

Page 10: The Stable Salt Reactor - Safer, Energy and Climate Change ... · ALTERNATIVE POWER SOURCES Bloomberg New Energy Finance (2013) Large margin between LCOE and market electricity price

STABLE SALT REACTOR

2013 concept

Molten

salt fuel

Fuel ≠ Coolant Fuel = Coolant

ALL OTHER MSR’S BASED

ON 1960’s US

TECHNOLOGY

Page 11: The Stable Salt Reactor - Safer, Energy and Climate Change ... · ALTERNATIVE POWER SOURCES Bloomberg New Energy Finance (2013) Large margin between LCOE and market electricity price

Static fuel salt vs Pumped fuel salt

Molten

salt fuel

Safety critical engineered systems in pumped systemMolten salt pumps and valves

Fission gas removal and separation system

Chemical processing and refuelling system

Freeze plug and emergency drain/cooling

Heat exchanger

Pumped system creates new IAEA safeguards issues

Current IAEA safeguards regime tracks defined fuel assemblies

New international standards required for bulk fuel (10-15 years)

Online reprocessing possible in pumped system

Theoretical advantage in higher breeding and use of thorium

(SAMOFAR/EVOL = Target date ~ Fusion)

Page 12: The Stable Salt Reactor - Safer, Energy and Climate Change ... · ALTERNATIVE POWER SOURCES Bloomberg New Energy Finance (2013) Large margin between LCOE and market electricity price

Reactor high level design

Helium/argon containment with airlock

Fuel assembly movement

Heat exchanger/pump to secondary molten salt

Passive cooling air ducts

Page 13: The Stable Salt Reactor - Safer, Energy and Climate Change ... · ALTERNATIVE POWER SOURCES Bloomberg New Energy Finance (2013) Large margin between LCOE and market electricity price

Fuel Management

• Rectangular core allows

counter-flow migration of

fuel assemblies while on

power

• Spent fuel cools in reactor

then freezes on withdrawal

• Fresh fuel inserted out of

neutron flux to melt slowly

Spent fuel stored then removed

Fresh fuel inserted

Page 14: The Stable Salt Reactor - Safer, Energy and Climate Change ... · ALTERNATIVE POWER SOURCES Bloomberg New Energy Finance (2013) Large margin between LCOE and market electricity price

SSR modular reactor to GW Scale

Factory produced 150MWe

module contains supports, pumps,

primary heat exchanger, control

blades, instrumentation, flow

ducts, fuel assembly handling etc

Up to 8 identical modules placed in

single reactor tank creating single

reactor up to 1200MWe

Modular factory

construction

Economy

of scale

Conventional Small

Modular Reactor

Modular factory

construction

Economy

of scale

Stable Salt Reactor

Page 15: The Stable Salt Reactor - Safer, Energy and Climate Change ... · ALTERNATIVE POWER SOURCES Bloomberg New Energy Finance (2013) Large margin between LCOE and market electricity price

Key design decisions

Fast reactor• Eliminates moderator problems

• More compact, simpler and cheaper

• Low cost spent oxide fuel recycling

Page 16: The Stable Salt Reactor - Safer, Energy and Climate Change ... · ALTERNATIVE POWER SOURCES Bloomberg New Energy Finance (2013) Large margin between LCOE and market electricity price

Key design decisions

Chloride fuel salt• Lower melting point than fluorides

• Redox stabilisation with zirconium

eliminates metal corrosion

• Natural chlorine neutronically

acceptable

Page 17: The Stable Salt Reactor - Safer, Energy and Climate Change ... · ALTERNATIVE POWER SOURCES Bloomberg New Energy Finance (2013) Large margin between LCOE and market electricity price

Key design decisions

Vented fuel tubes• Essentially benign off gas with Zr

stabilised salt

• Hold up in tube allows almost all 137Xe to decay

Page 18: The Stable Salt Reactor - Safer, Energy and Climate Change ... · ALTERNATIVE POWER SOURCES Bloomberg New Energy Finance (2013) Large margin between LCOE and market electricity price

Key design decisions

Coolant salt• NaF/KF/ZrF4/ZrF2

• Low melting point 385C

• Redox stabilisation ZrF2 eliminates

corrosion

• Miscible with fuel salt in accident

• Hafnium in coolant screens

neutrons with minimal core effect Smaller tank

Simpler fuel movement outside salt

Page 19: The Stable Salt Reactor - Safer, Energy and Climate Change ... · ALTERNATIVE POWER SOURCES Bloomberg New Energy Finance (2013) Large margin between LCOE and market electricity price

Key design decisions

On power refuelling• Elimination of excess reactivity

eliminates many accident scenarios

• Far simpler reactor control systems

• Shut down boron blades

• In operation reactivity controlled via

temperature coefficient and

refuelling process

Page 20: The Stable Salt Reactor - Safer, Energy and Climate Change ... · ALTERNATIVE POWER SOURCES Bloomberg New Energy Finance (2013) Large margin between LCOE and market electricity price

20

Energy and Climate Change ConferenceJULY 2016

Economics and costs

SMR 2016

Page 21: The Stable Salt Reactor - Safer, Energy and Climate Change ... · ALTERNATIVE POWER SOURCES Bloomberg New Energy Finance (2013) Large margin between LCOE and market electricity price

0

1000

2000

3000

4000

5000

6000

7000

8000

$ per kW

OVERNIGHT CAPITAL COST OF NUCLEAR REACTORS(constant 2014 $, by date of operation)

Actual US costs from Koomey & Hultman (2007)

Coal 2016

Current whole plant overnight

capital cost estimate

Gas 2016

UK on-site

construction

Page 22: The Stable Salt Reactor - Safer, Energy and Climate Change ... · ALTERNATIVE POWER SOURCES Bloomberg New Energy Finance (2013) Large margin between LCOE and market electricity price

Cost Estimate by Atkins Ltd

Review conceptual

design against UK

SAP’s (Safety

Assessment Principles)

from Office of Nuclear

Regulation

Carry out HAZOP 0

analysis identifying

essential structures,

systems and

components required for

safe operation

Calculate approximate

capital cost of the

nuclear and electrical

generator islands of an

Nth of a kind 1GW

Stable Salt Reactor

“Most likely cost”

£718 per kW complete

nuclear island including

civil engineering

(Hinkley Point C - £5000)

Page 23: The Stable Salt Reactor - Safer, Energy and Climate Change ... · ALTERNATIVE POWER SOURCES Bloomberg New Energy Finance (2013) Large margin between LCOE and market electricity price

Reasons to expect low cost

Eliminate instead of “manage” fundamental

hazards

Fraction of the size of

similar power

conventional reactor

Below ground level

reactor location – small

biological shield also

aircraft defense

Page 24: The Stable Salt Reactor - Safer, Energy and Climate Change ... · ALTERNATIVE POWER SOURCES Bloomberg New Energy Finance (2013) Large margin between LCOE and market electricity price

SSR IS A SMALL MODULAR REACTOR

Small size – not small power

GW Stable Salt Reactor compared to GW AP1000

Page 25: The Stable Salt Reactor - Safer, Energy and Climate Change ... · ALTERNATIVE POWER SOURCES Bloomberg New Energy Finance (2013) Large margin between LCOE and market electricity price

Reasons to expect low cost

Continuous refuelling so

no safety critical systems

to hold down excess

reactivity

Emergency shutdown

just by getting hotter.

Single shut down system

Continuous air cooling so

no safety critical backup

cooling systems

Modular construction but

a full size reactor – no

trade off economic

advantages

“Standard” steam

temperature so turbines

~1/6th cost of nuclear

ones

Fraction of the size of

similar power

conventional reactor

Below ground level

reactor location – small

biological shield also

aircraft defense

Eliminate instead of “manage” fundamental

hazards

Page 26: The Stable Salt Reactor - Safer, Energy and Climate Change ... · ALTERNATIVE POWER SOURCES Bloomberg New Energy Finance (2013) Large margin between LCOE and market electricity price

Levelised Cost of Electricity

26

ALTERNATIVE POWER SOURCES

Bloomberg New Energy Finance (2013)

Large margin between LCOE and market electricity price

provides strong sales “pull”0

10

20

30

40

50

60

LC

OE

$/M

Wh

r

CAPEX

(IRR 9%)

OPEX inc

waste and

decom.

(UK 2019)

License

fee

SSR

Page 27: The Stable Salt Reactor - Safer, Energy and Climate Change ... · ALTERNATIVE POWER SOURCES Bloomberg New Energy Finance (2013) Large margin between LCOE and market electricity price

27

Energy and Climate Change ConferenceJULY 2016

Working with renewable energy –

not just “baseload”

SMR 2016

Page 28: The Stable Salt Reactor - Safer, Energy and Climate Change ... · ALTERNATIVE POWER SOURCES Bloomberg New Energy Finance (2013) Large margin between LCOE and market electricity price

Today’s low ambitions for nuclear

International Energy Agency 2015 World Energy Outlook

Page 29: The Stable Salt Reactor - Safer, Energy and Climate Change ... · ALTERNATIVE POWER SOURCES Bloomberg New Energy Finance (2013) Large margin between LCOE and market electricity price

GridReserve Energy Storage

“perfect complement to renewables”

1000MW reactor runs

continuously but

varies electricity

output from zero to

2000MW for 8 hours

or more per day

Commercialised

technology from the

concentrated solar

power industry –

only works with high

temperature output

but costs only $5 per

MWhr

Page 30: The Stable Salt Reactor - Safer, Energy and Climate Change ... · ALTERNATIVE POWER SOURCES Bloomberg New Energy Finance (2013) Large margin between LCOE and market electricity price

Nuclear fuel

SMR 2016

Page 31: The Stable Salt Reactor - Safer, Energy and Climate Change ... · ALTERNATIVE POWER SOURCES Bloomberg New Energy Finance (2013) Large margin between LCOE and market electricity price

Conventional reactor fuel (CANDU)

0

0.1

0.2

0.3

0.4

0.5

0.6

0.7

0.8

Fresh fuel Spent fuel

% of the fuel

Uranium 235 Plutonium Higher actinides

This (especially the red

bit) is what makes spent

fuel dangerous for

300,000 years

Page 32: The Stable Salt Reactor - Safer, Energy and Climate Change ... · ALTERNATIVE POWER SOURCES Bloomberg New Energy Finance (2013) Large margin between LCOE and market electricity price

Plutonium purity needed for fuel

MOX FUEL

MADE AT

SELLAFIELDSSR FUEL

PLUTONIUM IMPURITIES

60% NaCl

16% PuCl324% UCl3/LnCl3

6% PuO2

94% UO2

Page 33: The Stable Salt Reactor - Safer, Energy and Climate Change ... · ALTERNATIVE POWER SOURCES Bloomberg New Energy Finance (2013) Large margin between LCOE and market electricity price

Modified

aluminium smelter

Meta

l/salt

Exchang

er

Waste nuclear fuel pellets – $billions of liability cost

Actinide free waste

Ready to use SSR fuel

Fuel for the Stable Salt Reactor

Sellafield

THORP

reprocessin

g plant with

same

annual

production!

Instead of this

Uranium alloy for breeding

Page 34: The Stable Salt Reactor - Safer, Energy and Climate Change ... · ALTERNATIVE POWER SOURCES Bloomberg New Energy Finance (2013) Large margin between LCOE and market electricity price

Nuclear weapons proliferation?

Proliferation analysis after IAEA meeting on

MSR’s

Less plutonium per fuel assembly than MOX

Purification of plutonium from SSR fuel needs a

reprocessing plant just like spent conventional fuel

Purification of plutonium from MOX can be done in

a high school lab – hard bit already done!

Immediate risk therefore marginally higher than

spent oxide fuel but much lower than MOX

Longer term, burning plutonium reduces

proliferation risks

Page 35: The Stable Salt Reactor - Safer, Energy and Climate Change ... · ALTERNATIVE POWER SOURCES Bloomberg New Energy Finance (2013) Large margin between LCOE and market electricity price

Canadian Deployment Model

SPV

IP Owner

Moltex Energy

Detailed Designer

Reactor Vendor

Green – Secured

Blue - tbcFinancial Partner

Deloitte

Reactor Builder

EPC

Operator/Licensee

CNL & OPG Fuel Fabricator

CNL

Suppliers

Various

Page 36: The Stable Salt Reactor - Safer, Energy and Climate Change ... · ALTERNATIVE POWER SOURCES Bloomberg New Energy Finance (2013) Large margin between LCOE and market electricity price

2013 2014 2015 2016

Moltex Energy Timeline

Moltex Energy

established

Invention

conceived

Atkins cost

estimate

Master patent

filed UK/PCT

Financial

PartnerMaster patent

granted UK

UK SMR

competition

NNL review

of claims

Concept

designEngineering

design started

2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030

Complete

Pre-license

& establish partners

Complete

License

Approval

1st 300MWe

reactor online

&

2nd license

approval

Start

Pre-license2nd reactor

online

Fuel fabrication demo

rig design complete

Fuel fabrication demo

rig operational

Fuel fabrication comm

rig design complete

Start Up fuel

readyFuel fabrication comm

rig design operational

Page 37: The Stable Salt Reactor - Safer, Energy and Climate Change ... · ALTERNATIVE POWER SOURCES Bloomberg New Energy Finance (2013) Large margin between LCOE and market electricity price

Reasons to expect fast development

and regulatory approval

Fewer safety critical

systems for regulators to

approve

No high pressure

systems with long lead

times

No new materials,

standard nuclear grade

steels only

Factory construction of

entire reactor modules –

minimum on site work

IAEA safeguards

compliant fuel system

avoids major regulatory

delay

Page 38: The Stable Salt Reactor - Safer, Energy and Climate Change ... · ALTERNATIVE POWER SOURCES Bloomberg New Energy Finance (2013) Large margin between LCOE and market electricity price

Moltex Energy intends to change this!

International Energy Agency 2015 World Energy Outlook