Micro-Modular Nuclear A global opportunity U-Battery Plant Layout - - PowerPoint PPT Presentation

micro modular nuclear a global opportunity u battery
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Micro-Modular Nuclear A global opportunity U-Battery Plant Layout - - PowerPoint PPT Presentation

Micro-Modular Nuclear A global opportunity U-Battery Plant Layout 6 4 8 1 7 2 3 5 Global Applications Initial Strategic Markets Remote Locations Heavy Industry Nuclear Specific Purposes Backup 3 Global Markets Projected U-Battery


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SLIDE 1

Micro-Modular Nuclear A global opportunity

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SLIDE 2

U-Battery Plant Layout

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SLIDE 3

Remote Locations Heavy Industry Nuclear Backup Specific Purposes

Global Applications

Initial Strategic Markets

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SLIDE 4

Global Markets

Projected U-Battery installations based on relative attractiveness

  • f country markets

2026 2038

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SLIDE 5

Canadian Market Opportunity

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A recent CNL study found that the potential market for off-grid SMRs in Canada consists of over 600 power plants, with a total power demand of 35 GWe. Another important finding was that most of these power plants require an installed capacity of less than 5 MWe.

Reference: “Potential Off-Grid Markets for SMRS in Canada”;

  • D. Wojtaszek, (www.doi.org/10.12943/CNR.2017/00007)
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SLIDE 6

NORTH AMERICA

  • Canada – 200+ remote communities, plus heavy industry and mine sites
  • Federal commitment to secure low-carbon embedded power
  • “Hatch” study recommended U-Battery to Federal and Ontario Government
  • Demonstration site offered by Canadian Nuclear Laboratories
  • Registration for VDR with Canadian Nuclear Safety Commission

EU UK

  • Poland – carbon intensive heavy industry
  • Seeking long-term energy independence
  • U-Battery identified by Polish authorities as potential solution for industry
  • Letter of Intent to investigate early deployment
  • Task Force for high-temperature gas reactor development
  • Export-focused technology, manufacturing & supply chain opportunity
  • High tech IP, advanced manufacturing facility & jobs
  • Decarbonise energy intensive industry (power & heat)
  • Global leadership in a new global energy technology sector
  • UK vendor

Demand-Led International Growth

Asia

  • Technical cooperation offered by JAEA Japan
  • Early interest in India

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SLIDE 7

June 2016 Collaboration agreement with Polish National Centre for Nuclear Research November 2016 Master Task Agreement and MoU with Canadian Nuclear Laboratories March 2017 Vendor Design Review started with Canadian Nuclear Safety Commission May 2017 July 2017 Collaboration agreement with Japan Atomic Energy Agency Approval to incorporate by URENCO Board Sept 2017 MoU with Bruce Power

Development Milestones

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SLIDE 8

Product Breakdown, Detailed Cost Review

Item Description Item FOAK Item Unit Cost (£) FOAK Item Cost (£) Source (s) Confidence (High, Moderate, Low) Discussion Quantity Primary RPV 1 1,100,000.00 £ 1,100,000.00 GIF/EMWG/2007/004 COST ESTIMATING GUIDELINES FOR GENERATION IV NUCLEAR ENERGY SYSTEMS Moderate 6 Core Nuclear Graphite (single core load) 1 1,274,091.00 £ 1,274,091.00 Delft study (from SGL Carbon) Moderate Weights calculated from engineering concept design. Supplier quotes sought – no feedback received. Cost of €65/kg from Delft study used to calculate overall cost. This figure denotes an entirely graphite core, and graphite reflectors, from the latest core and RPV design. Core Structural Graphite (single core load) 1 incl' in above incl' in above Control Rods 4 609,783.00 £ 2,439,132.00 GIF/EMWG/2007/004 COST ESTIMATING GUIDELINES FOR GENERATION IV NUCLEAR ENERGY SYSTEMS Low Scaling tool within “Cost Estimating Guidelines for Generation IV Nuclear Energy Systems” used to calculate CR/CRDM cost for four rods, compared to number required for LMFR. Control Rod Drive Mechanism 4 incl' in above incl' in above Nuclear Fuel (single core load) 1 2,671,974.52 £ 2,671,975.00 Urenco Steve Threlfall quote Moderate Overall fuel cost for one load calculated based upon assumptions of: 1) U as U3O8 price of $40/lb. 2) Conversion at $15/kgU. 3) Enrichment at $100 per SWU. 4) Fabrication at $7,000/kgU to compacts. $3,356,000.00 (£=$1.256 14.11.16) Boron ball shutdown system 1 609,783.00 £ 609,783.00 Assumed to be equal in price to
  • ne-off Control Rod & Control
Rod Drive Mechanism, as above. Low Cost for system assumed to be equal to that of one CR/CRDM. Intermediate Heat Exchanger Vessel 1 2,400,000.00 £ 2,400,000.00 GIF/EMWG/2007/004 COST ESTIMATING GUIDELINES FOR GENERATION IV NUCLEAR ENERGY SYSTEMS Moderate Vessel size and weight calculated based upon engineering concept design, and initial sizing. Drawings available. Cost Figure provided by Cammell Laird. Corroborating figures from scaling tools. Primary Gas Circulator 1 3,000,000.00 £ 3,000,000.00 Howden expression of interest letter 25/2 Moderate Quote from Howdens, based upon specifications determined using U-Battery Thermodynamic Cycle tool. Secondary Recuperator 2 1,102,722.00 £ 2,205,444.00 DOE/NETL-2002/1169, Process Equipment Cost Estimation Final Report, Jan 2002 Low U-Battery Thermodynamic Cycle tool used to determine thermal
  • duty. Heat exchanger thermally sized using Heat Transfer
Research Inc’s (HTRI) shell-and-tube exchanger sizing software, to derive surface area. The Department of Energy’s “Process Equipment Cost Estimation” report, January 2002 used then to derive unit cost, with RPI and exchange rate assessed. Pre-Cooler 1 237,654.00 £ 237,654.00 DOE/NETL-2002/1169, Process Equipment Cost Estimation Final Report, Jan 2002 Moderate Inter-Cooler 1 166,095.00 £ 166,095.00 DOE/NETL-2002/1169, Process Equipment Cost Estimation Final Report, Jan 2002 Moderate Power Generation Turbine 1 2,000,000.00 £ 2,000,000.00 Siemens meeting, February 2016 Moderate Specifications determined using U-Battery Thermodynamic Cycle tool, and provided to Siemens during supplier meeting, who provided a total procurement cost of £2m. Alternative quotes of £4m and £8m are available for turbines of a slightly larger size, which provide corroboration for this figure. Compressor 1 1
  • Inc. in above
Compressor 2 1
  • Inc. in above
Compressor 3 1
  • Inc. in above
Alternator 1
  • Inc. in above
Start-Up Motor 1
  • Inc. in above
Power Electronics 1
  • Inc. in above

Regulatory Fees 5% Design and Engineering 30% Procurement 37% Civil Construction 7% Site Installation 10% System Commissioning 3% Plant Commissioning 5% Operator Training & Certification 2% Closeout 1%

Elemental Breakdown of Design & Construction Costs

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SLIDE 9

U-Battery Technology Benchmark

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Source: BEIS Report - Electricity Generation Costs - Nov2016 (https://www.gov.uk/government/uploads/system/uploads/attachment_data/file/566567/BEIS_Electricity_Generation_Cost_Report.pdf)

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SLIDE 10

UK Innovation, Global Potential

INNOVATIVE TECHNOLOGY

  • Micro-modular nuclear reactor – local off-grid power and heat
  • Distinct from Small Modular Reactors – smaller size and different end user needs
  • Targeted at global markets – energy intensive industries and remote communities
  • Simple, low-risk design – proven technology and inherently safe design based on TRISO fuel
  • Competitive cost – cost of development and levelised cost of delivered energy
  • Real market demand – market pull in strategic markets
  • Builds on generic commitments BEIS is making – modular manufacture, materials-testing and

advanced manufacturing, thermal hydraulics, advanced fuels.

OPPORTUNITY

  • IP development, supply chain, advanced manufacturing and fuel supply - led by UK companies
  • High value export product for strategic global markets
  • International Collaboration – Nuclear and manufacturing technology, COP 21, Mission Innovation

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SLIDE 11

Low Cost Low Risk Delivering