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(1)

Pebble Bed Modular Reactor:

Technology & Project Overview

Tim Abram

BNFL Nuclear Sciences & Technology Services

(2)

Contents

l

Background to High Temperature Reactors

– Basic technology – Early prototypes

l

South African Interest

l

The PBMR Project

– Overview of PBMR design and technology – Commercial and economic issues

– Applications for HTRs – Future prospects

(3)

Different types of reactors: UK experience

Sodium-cooled Sodium-cooled

fast reactors fast reactors

DFRDFR

PFRPFR 19501950

19601960

19701970

19801980

19901990

Present Present

Gas-cooled Gas-cooled

reactors reactors

Magnox Magnox

AGRAGR

Water-cooled Water-cooled

reactors reactors SGHWR SGHWR

Sizewell

Sizewell B PWRB PWR

HTRHTR

(4)

What are High Temperature Reactors?

First proposed by UKAEA’s Harwell Laboratory in early 1950s Typical characteristics:

l

Graphite moderated

l

Helium cooled

l

Refractory fuel and core materials

l

High gas outlet temperatures: ³ 700ºC Two major design variants:

Prismatic (or ‘block’)

core

Pebble-bed core

(5)

Why are HTRs of interest?

l Low core power density, inert single-phase coolant, highly self-limiting nuclear feedback characteristics:

very high levels of safety

l High gas temperatures provide good thermal

efficiency and allow use of direct-cycle gas turbines

0.9

3 4.5

105

740

0.1 1 10 100 1000

Core Power Density (kW/litre)

Magnox AGR PBMR PWR Fast

Reactor

l High temperatures offer several alternative (non-electricity) applications, e.g. manufacture of hydrogen.

(6)

Blocks versus Pebbles

Prismatic (block) core

Pebble-bed core

(7)

Pebble bed vs. Prismatic cores

Pebble-Bed Prismatic

On-line refuelling Batch refuelling

No large excess reactivity Burnable absorbers required Fuel can be drained from core No uncertainty in fuel position No kernel migration Individual identification of fuel

Good geometric stability Fuel is load-bearing and may distort Rapid discharge of defective Reduced possibility of handling

fuel damage

Control rods in reflector In-core control rods

(8)

Experimental HTRs

l First operational HTR was the DRAGON

– OECD DRAGON project began in 1959

– 20 MWt reactor operated at Winfrith from 1966-1976 – prismatic core design (block fuel)

– 750°C helium outlet temperature

– coated particle concept developed at Harwell / RAeE

l Dragon was followed by Peach Bottom, USA (67-74)

l AVR at Jülich, Germany (‘68-’89) - the first pebble- bed design

ð

All experimental reactors showed remarkably good performance (AVR ran for 21 years!)

DRAGON, UK

Peach Bottom, USA

AVR, Germany

(9)

Early commercial prototypes

Fort St Vrain (Colorado, USA)

l 330 MWe station designed by General Atomics

l prismatic core (block fuel) with secondary steam-circuit

l operated intermittently from 1979 - 1989

l many technical difficulties (leakage from water- lubricated bearings, high helium bypass flows...) THTR (Uentrop-Schmehausen, Germany)

l 300 MWe HTR designed by HRB (ABB-Reaktor)

l pebble-bed design, with secondary steam-circuit

l operated from 1985-89

l some operating problems

l closed for political and economic reasons (post- Chernobyl era, dominance of light-water reactors)

(10)

Why did the early HTRs not succeed?

Experimental reactors worked exceptionally well, but ...

l

Prototype systems suffered from technical difficulties (especially Fort St Vrain)

l

Large core structures required costly on-site construction

l

No single dominant design

l

Dominant position of Light Water Reactors based on US designs

l

Adverse public opinion in Germany post-Chernobyl

(11)

South African interest in HTRs ….

(12)

World electricity prices

World Electricity Prices 1 January 2000

0.00 2.00 4.00 6.00 8.00 10.00 12.00 14.00 16.00

Japan Italy Austria Argentina India Singapore Belgium UK Israel Portugal Ireland Czech Rep. Spain Netherlands Greece Taiwan South Korea Denmark Germany France Luxembourg Norway Australia New Zealand Finland Canada USA Poland Chile South Africa

UK pence/kWh

Domestic Industrial

Industrial rates based on 2.5MW @ 40% load factor

(13)

Distribution of current capacity in southern Africa

l

Capacity dominated by large coal-fired stations close to pit heads

l

Poor quality coal

l

High costs of coal transportation

l

Limited transmission

system / high transmission losses

l

Need to serve remote communities

Dem Rep of the Congo Congo

Gabon

Luanda

Windhoek

Lusaka

Harare

Lilongwe

Nairobi

Dar es Salaam

Gaborone Pretoria Johannesburg

Cape Town

Maputo Mbabane Kinshasa

Brazzaville

Angola

Tanzania Kenya

Mozambique

South Africa Swaziland

Lesotho Namibia

Zambia

Botswana Zimbabwe

Malawi Rwanda

Burundi

H H

H

H

H

H

H H

H

H

H H

H H

H H

H

P H P

H T

T

T T

ET

ET ETETET

ETET ETET

ET ET

ET ET

T

H H H

T H

P N H H

Hydro station

Pumped storage scheme Thermal Station Eskom thermal station

(14)

ESKOM installed capacity vs. demand

HEX RIVER SALT RIVER CENTRAL WEST BANK

COLENSO CONGELLOUMGENISOUTH COAST

BRAKPAN

KLIP

ROSHERVILLE

TAAIBOS VAAL

VEREENINGING WILGE

WITBANKGEORGE

VIERFONTEINHIGHVELD KOMATI INGAGANE

CAMDEN GROOTVLEI

HENDRINA ARNOT

GARIEP

KRIEL

ACACIA PORT REX VAN DER KLOOF

MATLA DUHVA

CAHORA BASSA DRAKENSBERG

KOEBERG TUTUKA LETHABO MATIMBA KENDAL

PALMIET

MAJUBA

0 5 10 15 20 25 30 35 40

55 60 65 70 75 80 85 90 95 00 05 10 15 20 25 30 35 40 45 50 55 60

Year

Gigawatt Installed

55 60 65 70 75 80 85 90 95 00 05 10 15 20 25 30 35 40 45 50 55 60

Actual and projected demand

(15)

Comprehensive review of options conducted in early 1990s

l Competitive Economics (with Eskom coal stations)

l Distributed Generation (away from coal fields - small units)

l Short Lead Times (reduce risk / capacity mismatch)

l Load/Frequency Following (increased domestic loads)

l Reduced Environmental Impact (low/no emissions)

Review parameters favoured nuclear plant, but required:

l Economic performance

l Demonstrated Technology

l “Walk Away” Safety

ESKOM requirements for new capacity

(16)

ESKOM targets for new nuclear capacity

l Sent-out power 150-200 MWe per module

l Continuous stable power range 15-100%

l Ramp rate (0-100%) 10%/min

l Load Rejection w/o trip 100%

l Cost Target $1000 / kWe

l Construction Target 24 months

l General Overhauls 30 days per 6 years

l Emergency Planning Zone < 400 meters

l Plant Operating Life Time 40 years +

l Design Aircraft Impact (to survive) Boeing 747 / 777

l Seismic requirement 0.4 g

(17)

Why the Pebble Bed reactor?

l

Need for low fuel costs / avoidance of fuel transport favoured nuclear

l

Current generation light-water reactors too large for SA grid (typically > 1000MWe), and seen as too expensive

l

Small, modular reactor with passive safety seemed ideal ® HTRs

l

Pebble-bed technology selected because:

– seen as most technically-successful HTR design

– excellent and consistent performance from NUKEM fuel – modular designs in existence (from ABB and Siemens)

– remaining expertise in German engineering and research facilities

(18)

Key strategies for the PBMR

l

Standardisation

– Minimise engineering cost for multi-region implementation – Establish common international licensing ‘norms’

l

Small size

– Shorten construction period (repetition in £ 6 months) – Maximise learning curve benefits

– Facilitate inherent safety features (passive heat removal etc.)

l

Simplification

– facilitate inherent safety

– simplify operation and maintenance

(19)

ESKOM’s way forward

l

Establish a separate design team (~100 personnel) as a sub- division of ESKOM Enterprises

l

Conduct an initial feasibility study for ESKOM review and as a basis for discussions with potential investors

l

Promote the concept within RSA and seek (informal) Government backing

l

Seek international investment partners, ideally with relevant nuclear and generation experience

l

Establish a project aimed at construction of a demonstration

plant in South Africa

(20)

The PBMR Project

(21)

PBMR Detailed Feasibility Study

l Co-operation agreement signed between ESKOM, BNFL, EXELON, and IDC for a Detailed Feasibility Study (2000-2002)

l 10% is reserved for an Economic Empowerment Entity - currently held by ESKOM

ESKOM 30.0%

BNFL 22.5%

IDC 25.0%

EXELON 12.5%

"EEE"

10.0%

(22)

PBMR project structure

l

Design integration team based in Centurion, near Pretoria (including key personnel seconded from investors)

l

Large design packages sub-contracted to major suppliers, e.g.

– Mitsubishi Heavy Industries for turbines and generator

– Westinghouse Reaktor (former ABB) for safety and control systems

l

Fuel manufacturing technology team from Nuclear Energy

Commission of South Africa (NECSA), based at Pelindaba

(23)

l PBMR (including BNFL secondees) 280

l Sargent & Lundy / Murray & Roberts 40

l IST Nuclear 60

l MHI / Nukem / SGL / Westinghouse ... 90

l Eskom client office 30

TOTAL ~ 500

Total man-hours to date ~ 2,750,000 Total costs to date ~$150M

(~ $350M US equivalent)

Project staff resources

(24)

Project status

l Significant design enhancements over past 18 months to improve economics and reduce risk

l Design has converged to a more commercially viable plant from standpoint of economics, licensing and maintainability

l Detailed Feasibility phase and Business Plan completed: investors willing in principle to proceed (negotiations ongoing)

l South African Government review underway now to recommend best project configuration. Many options being studied, including:

– appropriate for ESKOM to remain as both “producer” and customer?

– conduct RSA investment through NECSA?

l South African government appears committed to the project:

announcement expected in the next few months

(25)

Commercial / economic issues

(BNFL perspective)

(26)

l BNFL Group front-end services are provided by Westinghouse

l Currently supporting new build programmes in Japan and South Korea, based on large PWR systems

l Recognition that light water reactor technology is mature, and alternative technologies may offer advantages

l Recognition that large monolithic plants are not well suited to all markets

Nuclear Automation

New Nuclear Plants Nuclear

Services

Nuclear Fuel

Rationale for BNFL interest in PBMR

(27)

Electricity supply industry: a new outlook

l

Long-term centralised planning of electricity supply has been replaced in many countries by short-term market-driven decisions

l

De-regulation of the electricity supply industry has led to

increased producer risk (no guaranteed market), and a collapse in unit prices

l

Large, capital-intensive projects are difficult to sustain for

independent generators needing to raise private capital (at least in Western markets)

l

Generators driven towards small, step-wise increases in capacity

to minimise capital-at-risk and time interval between investment

and income

(28)

Key economic targets for new build

l

First ‘demonstration’ unit will not be economically competitive because of ‘one-off’ First-of-a-Kind costs

l

Must be able to show that series build can compete with lowest cost alternatives in potential markets

l

Typical targets for N

th

-of-a-Kind plants:

– capital cost of around $1000 per kWe – production costs of around 3¢ per kW·h

Projected costs for PBMR series build are consistent with these targets

(29)

BNFL portfolio of advanced nuclear systems

AP600

AP1000

Ready for deployment now.

PBMR

Commercial deployment from 2010

IRIS (integral PWR)

Deployment from 2020

No R&D required R&D required

Fast Reactors (2050?) GFR

l BNFL Group reactor system portfolio covers a range of deployment time scales and system technologies

(30)

PBMR Technology &

Safety Approach

(31)

PBMR Technology

l

PBMR is a small (nominal 400 MWt) modular pebble bed HTR – helium cooled, graphite moderated

– direct cycle gas turbine - no secondary steam circuit

– refractory core materials removes possibility of core melt accidents – high outlet temperature: 900°C

Ø good thermal efficiency (~ 42%)

Ø flexibility for alternative applications

– high fuel average burnup (~ 80 GWd/tU initially, higher later) – very high degree of inherent safety

l

Design based on ABB-THTR and HTR-100, and Siemens MODUL

l

Direct cycle technology introduced by PBMR

(32)

Comparison with previous HTR designs

Dragon Peach Bottom

AVR Fort

St. Vrain

THTR HTR-

Modul

PBMR

Country UK USA Germany USA Germany Germany RSA

Operation 1966-1976 1967-1974 1967-1988 1976-1989 1985-1989 - 2010?

Fuel Prismatic Prismatic Pebble Prismatic Pebble Pebble Pebble

Power (MWt) 20 115 46 842 750 200 400

Power Density (MW/m3) 14 8.3 2.5 6.3 6.0 3.0 4.0

Gas Pressure (MPa) 2.0 2.4 1.1 4.8 4.0 6.0 9.0

Core Inlet Temp. (°C) 350 340 270 405 250 250 537

Core Outlet Temp. (°C) 750 725 950 785 750 700 900

Turbines none steam steam steam steam steam Gas

RPV steel steel steel concrete concrete steel Steel

(33)

PBMR fuel design

Fuel Sphere

Half Section

Coated Particle

Fuel

Dia. 60mm

Dia. 0,92mm

Dia.0,5mm 5mm Graphite layer

Coated particles imbedded in Graphite Matrix

Pyrolytic Carbon

Silicon Carbite Barrier Coating Inner Pyrolytic Carbon

Porous Carbon Buffer

40/1000mm

35/1000mm 40/1000mm

95/1000mm

Uranium Dioxide

(34)

Fuel Performance

1E-06 1E-05 1E-04 1E-03 1E-02 1E-01 1E+00

1000 1200 1400 1600 1800 2000 2200 2400 2600

Fuel Temperatures [°C]

Failure Fraction

(35)

PBMR: circuit schematic

High Pressure Turbo Compressor

(HPT)

Low Pressure Turbo Compressor

(LPT)

Generator

HPT Bypass Valve

LPT Bypass Valve

By-pass Valve x 8

Inter-Cooler Pre-Cooler

Power Turbine

Start-Up Blower Shut-off Valve Reactor Vessel

TO REACTOR

SBS - Blower FROM PCU

Core Conditioning System

CCS

Reactor Pressure Vessel Conditioning

System RPVCS

Pressure Boundary

Start-Up Blower System

SBS

Start-Up Blower Inline Valve

(36)

Loss of Coolant Event

265 MW PBMR Ref. Core: Temperature Distribution during a DLOFC

0 200 400 600 800 1000 1200 1400 1600

0 20 40 60 80 100 120

Time (h)

Temp (°C)

Maximum Fuel Temperature

Maximum RPV Temperature

Average RPV Temperature Average Fuel Temperature

(37)

PBMR plant layout

(38)

Height total 62.9 m Height above ground 40.9 m Depth below ground 22 m

Width 37.0 m

Length 66.1 m

Levels (floors) 11

Material 40 MPa concrete

Seismic acceleration 0.4 g Horizontal Aircraft crash:

(a) < 2.7 ton - no penetration;

(b) Limiting case (777):

predicted to penetrate outside barrier but not reactor cavity:

nuclear safety not compromised

Reactor Cavity provides

shielding to personnel & acts as a barrier against internally generated missiles

Depressurization shaft Outside barrier against

externally generated pressure & impact loads

Module building

(39)

PBMR multi-module site

(40)

PWR and PBMR power station footprints

Typical PWR 1400 MWe

PBMR 1320 MWe Power Plant

(41)

Summary of PBMR advantages

· Safety Ø can withstand very high temperatures

(1600°C) without core or fuel degradation

Ø strongly negative reactivity temperature coeff.

· Economics Ø elimination of secondary circuit, fewer safety grade components, and modular design/

factory-fabricated units all reduce capital cost Ø generating costs competitive with CCGT

· Proliferation resistance

Ø highly stable fuel form - very difficult to recover fissile material

Ø fuel is very well suited to long-term storage/

direct disposal in sub-surface vaults

· Flexibility Ø small, modular units (400 MWt / 170 MWe) Ø suitable for electricity production and high

temperature process heat

(42)

PBMR Technology Development

Status

(43)

Key developments over last 18 months

l

Power turbine-generator

l

Reactor core structures

l

System integration

l

Operation and maintenance

l

Constructability

l

Licensing (both in South Africa and Overseas)

l

Materials properties (especially graphite)

(44)

Current status of technology issues:

turbo-machinery

l Original submerged

generator replaced with an external generator with a shaft seal - eliminates

carbon dust problems and simplifies maintenance

l Replacement of electro- magnetic ‘catcher’

bearings with standard oil- lubricated thrust bearings:

reduced technology risk and allows multiple run- down capability

TOTAL SHAFT LENGTH 20.1 m / 88 t AND MASS

GENERATOR

Coolant Air Height (Inlet to Top) 17.2 m

Mass 326 t

Power output (50 Hz) 180 MW , 11kV TURBINE

Medium Helium Height (Inlet to Outlet) 4.4 m Tip Dia. (typical) 2.1 m

Mass 338 t

Speed 3000 rpm

Stages 10

Efficiency 93.5%

Mass flow 194 kg/s

(45)

Current status of technology issues:

reactor core structures

l Original design for core internal structures considered to require significant re-design

l PBMR Co undertaking re-design, assisted by consultants and Westinghouse Reaktor

l Key changes:

– solid central reflector

– increased size to accommodate new reference power level: 3.7 m ID x 10 m effective height – replaceable inner reflector

– austenitic SS core barrel

– CFC straps for core restraint

– inlet plenum located in core support structure

Solid central column

New bottom reflector

with 3 120°

de-fuel chutes

(46)

l Code Validation

– Critical Core Test Facility ASTRA (Moscow)

– Micro Turbine Model Potchefstroom University

l Equipment Test Rigs IST (and Gamma-Metrics)

l Fuel Manufacturing Equipment NECSA (Pelindaba)

l Helium Test Loop NECSA

l Fuel Qualification and Testing

– First core NIKIET (Russia)

– Longer-term SAFARI (Pelindaba)

Testing programme

(47)

PBMR micro-model at Potchefstroom University

Turbo-machinery Section

Operation of the PBMR micro-model has demonstrated the stable operating characteristics and control system for a 3-shaft Brayton cycle

Heater section

(48)

Helium Test Facility

Main Loop Characteristics Main Loop Characteristics

Scheduled Test

Pressure Range 3.2MPa to 9.5MPa Main Loop

Temperature Range up to 660°C**

Maximum Flow

@ max pressure 2.47kg/s @ 9.5MPa Target level of

purification >99.997% pure He **Temperatures up to 1100C are generated

within test sections

(49)

0 200

300 400 500 600 700

Kernel Casting Particle Coating Pebble Pressing

Kernel Size Distribution

Fuel manufacturing labs at Palindaba

(50)

Other Systems and Components Testing

Fuel Handling System

T/G Dry Gas Seal

Heat Transfer Air Ingress

Turbo Machinery Gas Valve

Actuation

(51)

Status of licensing in South Africa

l Agreed licensing process, scope of submittals and schedule

l Agreed list of key licensing issues and strategy to address

l Safety Analysis Report Rev 1 submitted to NNR on 5 December 2001

l Formal questions from NNR on SAR Rev 1 issued and all responses submitted to NNR in November 2002

l Environmental Impact Assessment (EIA) Record of Decision (RoD) issued mid-2003 - positive outcome

l NNR Summary Progress Report on PBMR Licensing Process issued March 2003

l SAR Rev 2 submittal issued at the end of 2003

(52)

US Licensing Status

l NRC agreement on proposed approach

l Phase 1 of the Regulatory Guidance Review completed

l Fuel Test and Qualifications program progressed

l US Licensability Assessment completed

l Pre-application activities by Exelon documented; ready for reactivation

l Multiple Module Reactor Issues responded to by NRC

l Non-LWR issues and workshops continuing

l NRC Pre-application review to start in 2004

l Start of Design Certification planned for 2006; completion after startup of the Demonstration reactor

(53)

Future Developments

(54)

Impact of burnup/enrichment and

U-loading per fuel sphere on fuel cost per MW.h

40%

50%

60%

70%

80%

90%

100%

80,000 120,000 160,000 200,000

MWD/TonU

Cost ratio/MWh

9 gms/FS 12 gm/FS 16 gm/FS 20 gm/FS

(~8.3%) (~17%)

(55)

Future development path

400 MWt 900oC

400 MWt 950oC

400 MWt 1000oC

400 MWt 1200oC

>500 MWt

>1200oC

- Safety Case

- IHX Hydrogen Process - Codes and Standards (60 y)

PBMR

Demonstration Plant

- Reactor Outlet Pipe Liner

- Turbine Blade/Disc Material Development - Material and Component Qualification - Codes and Standards (60 y)

- Fuel

- Control Rods - Graphite Lifetime

- RPV and Core Barrel Material - Fuel

-Graphite Lifetime - Optimization

of Commercial Margins

Current Technology Regime

Future Technology Regime

Technology Threshold

(56)

Future Prospects:

Alternative Applications

(57)

Alternative applications

l

Heat applications

– Hydrogen production – Industrial process heat – District heating

l

Management of nuclear materials (e.g. Pu)

Although modular HTRs offer good prospects for electricity

generation, their high temperatures allow alternative and/or

complimentary applications:

(58)

Heat applications & temperatures

Desalination, District heating Urea synthesis

Wood pulp

Oil desulfurisation Town gas

Hydrogen (Steam reforming ) Hydrogen (IS process)

Gasification of coal Electricity generation (Gas turbine)

Iron manufacture

Very High Temperature Reactor HTR (PBMR)

LMFBR LWR

900°C

550°C 320°C

Temperature (°C)

200

Styrene, Ethylene Glass Cement

blast furnace direct reduction

AGR 650°C

Application 1500°C

Nuclear Heat

400 600 800 1000 1200 1400 1600

(59)

Hydrogen overview

Hydrogen has several advantages as an energy carrier:

l It can release energy with minimal pollution: the only by-product of combustion is water.

l It can produce both heat and electricity (in fuel cells).

l It can transfer more energy per unit mass than fossil fuels.

l It is readily transported by pipelines, and can be converted to forms suitable for storage.

l Nuclear power offers the almost unique position of large-scale, reliable hydrogen production with near-zero emissions

(60)

Applications for hydrogen

l Current world production: 50 million tonnes / annum: forecast to grow at 5-10% /year

l Current major use is in ammonia production

l Largest rate of growth in consumption is in the oil industry (cracking and pre-treating of reformer feeds)

l Estimated that in 10-20 years, energy used to produce hydrogen in the US may exceed current nuclear energy

production

(61)

Current and future production routes

Fossil-fired steam reformation

of methane (97%)

Electrolysis (3%)

Steam reformation with nuclear heat

(reduced CO2 emissions)

Thermo-chemical water splitting

(zero emissions with nuclear)

High temperature electrolysis

(zero emissions with nuclear)

CO2 from process and

heat source

development

(62)

Hydrogen production by electrolysis

l

Currently produces around 3% of annual consumption

l

High cost due to electrical demand; used only for high purity H

2

l

Suitable for over-night production using low-cost base-load nuclear electricity

l

AECL have investigated siting of reactors close to US border:

– sale of electricity to USA during the day

– hydrogen production by electrolysis at off-peak hours

l

High temperature electrolysis could significantly improve

efficiency, but R&D required

(63)

Hydrogen production by steam reformation

l Most hydrogen is currently produced by steam reforming of methane (using heat from fossil fuels)

l Requires heat at

>750ºC (typically around 900 ºC)

l Produces CO2 as a by-product

l JAERI propose a demonstration of nuclear steam reforming circa.

2008

(64)

~100 deg.C

~850 deg.C

~450 deg.C

l

Replaces thermal decomposition of water (requiring > 3000ºC) with several partial reactions

l

Iodine-Sulphur (I-S) process:

H

2

production by thermo-chemical water splitting

(65)

Japanese prototype I-S plant

l

JAERI investigating the I-S process for emissions-free

hydrogen production using nuclear heat

(66)

Hydrogen production compatible with nuclear

l Near-zero emissions technology; remote siting of production facility

l Storage allows de-coupling between production and use, allowing dual- purpose stations: electricity and hydrogen production

Electricity Electrolysis

(67)

A future for nuclear hydrogen production?

l

Nuclear offers:

– a near-zero emissions option

– demonstrated and established technology

– near-term demonstration of direct coupling with H2 production

l Nuclear should not be the only solution (others include solar &

biological processes) but is likely to be an important contributor

l Temperatures available from current reactors (predominantly light- water) limit production method to electrolysis

l High temperature gas-cooled modular reactors (e.g. PBMR) offer a safe, flexible, and economic future energy source

(68)

Summary

(69)

Summary

l Market conditions appear to favour small,flexible, modular units

l Detailed Feasibility Study indicates a technically achievable project:

technical development of the PBMR has progressed well, and the system shows good potential to operate with very high levels of safety, and to support a range of applications

l Business Case suggests the PBMR will be able to meet the challenging capital and production cost targets required by the investors

l BNFL (and the other investors) intend to continue with the project, subject to satisfactory negotiations and Govt Approval

l Meanwhile, discussions are ongoing with other investors who have expressed an interest in joining the Project.

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