The EPR™ Reactor
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Nuclear Reactors' Construction Costs
Nuclear reactors’ construction costs: The role of lead-time, standardization and technological progress Lina Escobar Rangel and Michel Berthélemy Mines ParisTech - Centre for Industrial Economics CERNA International WPNE Workshop Project and Logistics Management in Nuclear New Build NEA Headquarters - Issy les Moulineaux, 11th March 2014 Growing demand for nuclear power... Demand for nuclear power has increased in the past years and it is likely to keep on rising. Experienced countries: US, UK, Russia, South Korea According with UK’s Department of Energy & Climate Change nuclear industry plans to develop around 16 gigawatts (GW) of new nuclear EDF → 4 EPRs (6.4GW) at Hinkley Point and Sizewell Hitachi → 2 or 3 new nuclear reactors at Wylfa and Oldbury NuGeneration → 3.6GW of new nuclear capacity at Moorside Fast-growing economies: China, India China has 28 reactors under construction and it is planned a three-fold increase in nuclear capacity to at least 58 GWe by 2020, then some 150 GWe by 2030 16 AP1000 reactors are planned to start to be constructed from 2014-2018 At least 6 ACC1000 in 4 different locations 2 EPRs in Guangdong Other technologies like VVER-1000, VVER-1200, CNP-600, etc are also envisioned Growing demand for nuclear power... Demand for nuclear power has increased in the past years and it is likely to keep on rising. Experienced countries: US, UK, Russia, South Korea According with UK’s Department of Energy & Climate Change nuclear industry plans to develop around 16 gigawatts (GW) of new nuclear EDF → 4 EPRs (6.4GW) at -
The Jules Horowitz Reactor Project, a Driver for Revival of the Research Reactor Community
THE JULES HOROWITZ REACTOR PROJECT, A DRIVER FOR REVIVAL OF THE RESEARCH REACTOR COMMUNITY P. PERE, C. CAVAILLER, C. PASCAL AREVA TA CEA Cadarache - Etablissement d'AREVA TA - Chantier RJH - MOE - BV2 - BP n° 9 – 13115 Saint Paul lez Durance - France CS 50497 - 1100, rue JR Gauthier de la Lauzière, 13593 Aix en Provence cedex 3 – France ABSTRACT The first concrete of the nuclear island for the Jules Horowitz Reactor (JHR) was poured at the end of July 2009 and construction is ongoing. The JHR is the largest new platform for irradiation experiments supporting Generation II and III reactors, Generation IV technologies, and radioisotope production. This facility, composed of a unique grouping of workshops, hot cells and hot laboratories together with a first -rate MTR research reactor, will ensure that the process, from preparations for irradiation experiments through post-irradiation non-destructive examination, is completed expediently, efficiently and, of course, safely. In addition to the performance requirements to be met in terms of neutron fluxes on the samples (5x1014 n.cm-2/sec-1 E> 1 MeV in core and 3,6x1014 n.cm-2/sec-1 E<0.625 eV in the reflector) and the JHR’s considerable irradiation capabilities (more than 20 experiments and one-tenth of irradiation area for simultaneous radioisotope production), the JHR is the first MTR to be built since the end of the 1960s, making this an especially challenging project. The presentation will provide an overview of the reactor, hot cells and laboratories and an outline of the key milestones in the project schedule, including initial criticality in early 2014 and radioisotope production in 2015. -
French Nuclear Company Orano Upgraded to 'BB+' on Improved Liquidity and Capital Structure; Outlook Stable
Research Update: French Nuclear Company Orano Upgraded To 'BB+' On Improved Liquidity And Capital Structure; Outlook Stable Primary Credit Analyst: Christophe Boulier, Paris (39) 02-72111-226; [email protected] Secondary Contact: Andrey Nikolaev, CFA, Paris (33) 1-4420-7329; [email protected] Table Of Contents Overview Rating Action Rationale Outlook Ratings Score Snapshot Issue Ratings--Recovery Analysis Related Criteria Ratings List WWW.STANDARDANDPOORS.COM/RATINGSDIRECT APRIL 5, 2018 1 Research Update: French Nuclear Company Orano Upgraded To 'BB+' On Improved Liquidity And Capital Structure; Outlook Stable Overview • Orano has reported EBITDA of close to €1 billion for 2017, despite challenging industry conditions, and its recent restructuring and capital increases have improved its liquidity and capital structure. • We think Orano will continue to focus on cost-cutting and generate moderately positive free operating cash flow, enabling it to reduce net debt in 2018-2020. • Consequently, we are upgrading Orano to 'BB+' from 'BB'. • The stable outlook reflects our view that Orano will be able to reduce adjusted debt to EBITDA to below 5.5x in 2019-2020 despite challenging industry conditions, supported by its sizeable, long-term order backlog. Rating Action On April 5, 2018, S&P Global Ratings raised its long-term issuer credit rating on France-based nuclear services group Orano to 'BB+' from 'BB'. The outlook is stable. We also raised our ratings on Orano's senior unsecured bonds to 'BB+' from 'BB'. Although we expect substantial recovery (70%-90%; rounded estimate 85%) on the bonds in the event of a default, the recovery rating is capped at '3' due to the bonds' unsecured nature and issuance by a company rated in the 'BB' category. -
From Gen I to Gen III
From Gen I to Gen III Gabriel Farkas Slovak University of Technology in Bratislava Ilkovicova 3, 81219 Bratislava [email protected] 14. 9. 2010 1 Evolution of Nuclear Reactors Generation I - demonstration reactors Generation II - working in the present Generation III - under construction 14. 9. 2010 2 Generation IV - R&D 14. 9. 2010 3 Expected development in nuclear technologies Prolongation of lifetieme of existing nuclear reactors Construction of new reactors in frame of Gen. III and IV . Figure 1 Replacement staggered over a 30-year period (2020 - 2050) Rate of construction : 2,000 MW/year 70000 60000 Lifetime 50000 prolongation 40000 Generation IV 30000 Actual reactors 20000 Generation III+ 10000 0 197519801985199019952000200520102015202020252030203520402045205020552060 14. 9. 2010 Average plant life : 48 years 4 Nuclear in Europe (Nuclear ~ 32% of total EU electricity production) SE, 7.3% UK, 7.9% SP, 5.8% BE,4.8% CZ, 2.5% GE, 16.3% FI, 2.4% BU, 1.8% Other 12.4% SK, 1.7% HU, 1.4% LT, 1.1% FR, 45.5% SI, 0.6% NL, RO, 0.5% 0.4% Source PRIS 14. 9. 2010 5 Central & Eastern Europe - Nuclear Landscape Russia Lithuania Ukraine 6 VVER440 Poland 1 RBMK 1300 2 VVER440 8 VVER1000 Min. of Energy 13 VVER1000 NNEGC State owned 11 RBMK 1 BN600 4 Graph Mod BWR Czech Republic Rosenergoatom State 4 VVER440 owned 2 VVER1000 CEZ/ 67% State Romania owned 2 Candu PHW Nuclearelectrica State owned Slovak Republic 4/6 VVER440 Bulgaria ENEL 67% owned 2/4 VVER1000 NEC State owned Hungary Armenia 4 VVER 440 1 VVER440 MVM State owned Armatomenergo, State owned 14. -
A Comparison of Advanced Nuclear Technologies
A COMPARISON OF ADVANCED NUCLEAR TECHNOLOGIES Andrew C. Kadak, Ph.D MARCH 2017 B | CHAPTER NAME ABOUT THE CENTER ON GLOBAL ENERGY POLICY The Center on Global Energy Policy provides independent, balanced, data-driven analysis to help policymakers navigate the complex world of energy. We approach energy as an economic, security, and environmental concern. And we draw on the resources of a world-class institution, faculty with real-world experience, and a location in the world’s finance and media capital. Visit us at energypolicy.columbia.edu facebook.com/ColumbiaUEnergy twitter.com/ColumbiaUEnergy ABOUT THE SCHOOL OF INTERNATIONAL AND PUBLIC AFFAIRS SIPA’s mission is to empower people to serve the global public interest. Our goal is to foster economic growth, sustainable development, social progress, and democratic governance by educating public policy professionals, producing policy-related research, and conveying the results to the world. Based in New York City, with a student body that is 50 percent international and educational partners in cities around the world, SIPA is the most global of public policy schools. For more information, please visit www.sipa.columbia.edu A COMPARISON OF ADVANCED NUCLEAR TECHNOLOGIES Andrew C. Kadak, Ph.D* MARCH 2017 *Andrew C. Kadak is the former president of Yankee Atomic Electric Company and professor of the practice at the Massachusetts Institute of Technology. He continues to consult on nuclear operations, advanced nuclear power plants, and policy and regulatory matters in the United States. He also serves on senior nuclear safety oversight boards in China. He is a graduate of MIT from the Nuclear Science and Engineering Department. -
Green Hydrogen the Next Transformational Driver of the Utilities Industry
EQUITY RESEARCH | September 22, 2020 | 9:41PM BST The following is a redacted version of the original report. See inside for details. Green Hydrogen The next transformational driver of the Utilities industry In our Carbonomics report we analysed the major role of clean hydrogen in the transition towards Net Zero. Here we focus on Green hydrogen (“e-Hydrogen”), which is produced when renewable energy powers the electrolysis of water. Green hydrogen looks poised to become a once-in-a-generation opportunity: we estimate it could give rise to a €10 trn addressable market globally by 2050 for the Utilities industry alone. e-Hydrogen could become pivotal to the Utilities (and Energy) industry, with the potential by 2050 to: (i) turn into the largest electricity customer, and double power demand in Europe; (ii) double our already top-of-the-street 2050 renewables capex EU Green Deal Bull Case estimates (tripling annual wind/solar additions); (iii) imply a profound reconfiguration of the gas grid; (iv) solve the issue of seasonal power storage; and (v) provide a second life to conventional thermal power producers thanks to the conversion of gas plants into hydrogen turbines. Alberto Gandolfi Ajay Patel Michele Della Vigna, CFA Mafalda Pombeiro Mathieu Pidoux +44 20 7552-2539 +44 20 7552-1168 +44 20 7552-9383 +44 20 7552-9425 +44 20 7051-4752 alberto.gandolfi@gs.com [email protected] [email protected] [email protected] [email protected] Goldman Sachs International Goldman Sachs International Goldman Sachs International Goldman Sachs International Goldman Sachs International Goldman Sachs does and seeks to do business with companies covered in its research reports. -
Design of Liquid Metal Fast Breeder Reactor (Lmfbr) Core Under Dynamic Loading
Transactions, SMiRT-22 San Francisco, California, USA - August 18-23, 2013 Division III DESIGN OF LIQUID METAL FAST BREEDER REACTOR (LMFBR) CORE UNDER DYNAMIC LOADING Nadim Moussallam1, Guilhem Deuilhé2, Benoit Bosco3, Daniel Broc4, David Gentet5 1 Engineer, AREVA Engineering & Projects, Lyon (France) - [email protected] 2 Engineer, AREVA Engineering & Projects, Lyon (France) 3 Engineer, AREVA Engineering & Projects, Lyon (France) 4 R&D Engineer, CEA/DEN/DANS/DM2S/SEMT, F-91191 Gif-sur-Yvette, France 5 R&D Doctor-Engineer, CEA/DEN/DER/SESI/LE2S, F-13108 Saint-Paul les Durance, France ABSTRACT The present paper (a) describes the main structural characteristics of a Liquid Metal Fast Breeder Reactors (LMFBR) core, (b) exposes the design challenges posed to such structure by dynamic loadings, (c) details the different modeling strategies that could be used to represent the leading physical phenomena for the dynamic response of the core, and (d) illustrates the application of these modeling strategies to improve the design of the ASTRID (Advanced Sodium Technological Reactor for Industrial Demonstration) core against dynamic loadings. INTRODUCTION LMFBR belong to the 4th generation of nuclear reactors. This type of reactor is expected to significantly increase the amount of energy that could be extracted from both natural uranium and existing plutonium reserves. It does also have the potential for reducing the inventory of highly activated long duration nuclear wastes. Several experimental LMFBR have been built around the world, some of them are in operation today and some others are planned or under construction. In France, the ASTRID project aims at completing the detailed design of a LMFBR, with sodium as a primary coolant. -
The Cost of New Nuclear Power Plants in France
The cost of new nuclear power plants in France SFEN TECHNICAL NOTE – MARCH 2018 SFEN TECHNICAL NOTE – MARCH 2018 The French Nuclear Energy Society (SFEN) is the French knowledge hub for nuclear energy. Created in 1973, the SFEN provides a place where French and International specialists, and all those with an interest in nuclear energy and its applications, can obtain and share information. The SFEN brings together 4000 professio- nals in industry, education and research. The SFEN’s contribution to France’s Multi-Year Energy Plan (Programmation pluriannuelle de l’énergie) The cost of new nuclear power plants in France Executive Summary & Recommendations SFEN TECHNICAL NOTE – MARCH 2018 Guaranteeing the nuclear option for 2050 With its June 2017 Climate Change Plan (Plan Climat), France has set a greenhouse gas emissions neutrality target for 2050. France currently relies on nuclear and renewable energy for generating low-carbon elec- tricity, with one of the most competitive supplies in Europe. France is committed to diversifying its energy mix at a pace that will depend on several factors which are not yet fully clear: the characteristics of demand, the technical and economic performance of the different technologies (renewable energy, storage, smart grids), as well as the energy strategies of its European neighbours, as part of an increas- ingly interconnected electricity system. In the short-term, continued operation of existing nuclear reactors (‘Grand carénage’ refurbishment programme) will provide France with low-carbon electricity, produced locally and at a competitive price. In the long-term, between 2030 and 2050, France is expected to progressively replace part of its existing nuclear fleet by new means of production. -
The EPR - a Safe and Competitive Solution for Future Energy Needs
International Conference Nuclear Energy for New Europe 2006 Portorož, Slovenia, September 18-21, 2006 http://www.djs.si/port2006 The EPR - A Safe and Competitive Solution for Future Energy Needs Rüdiger Leverenz AREVA NP GmbH Freyeslebenstr. 1, 91058 Erlangen, Germany [email protected] Introduction In 2002, the Finnish Government gave the go-ahead for construction of the country's fifth nuclear power plant unit. In December of 2003, the AREVA NP/Siemens Consortium was awarded a turnkey contract by the Finnish utility Teollisuuden Voima Oy (TVO) to build a new nuclear power plant at the Olkiluoto site where two boiling water reactor units are already in operation. "Olkiluoto 3" [1][2] is an EPR, and thus the world’s very first third- generation nuclear power plant under construction. The reactor is being supplied by AREVA NP, the turbine and generator by Siemens. AREVA NP, which is head of the consortium, is responsible for overall project management as well as technical and functional integration. Figure 1: Affordable climate protection: the EPR (foreground) at Olkiluoto in Finland is to start producing electricity in 2009. AREVA: Power is Our Core Business With manufacturing facilities in 40 countries and a sales network in more than 100, AREVA offers customers reliable technological solutions for CO2-free power generation and electricity transmission and distribution. AREVA is the world leader in nuclear power and the only company to cover all industrial activities in this field (from uranium mining, processing 409.1 409.2 and enrichment as well as fuel manufacture, through reactor construction and services to reprocessing of used fuel). -
Press Kit Inauguration of the Conversion Orano Tricastin BP 16 26 701 Pierrelatte Plant 10 September 2018
Press kit Inauguration of the conversion Orano Tricastin BP 16 26 701 Pierrelatte plant 10 September 2018 Contacts Presse Nathalie Bonnefoy +33 (0)6 23 17 24 24 [email protected] Gilles Crest +33 (0)6 71 08 11 54 [email protected] www.orano.group Oranogroup EDITORIAL The plant we are opening today is a major industrial investment for Orano, for the French nuclear industry and for the industry of our country. ith the Georges Besse II enrichment plant on the same site, it is probably the largest industrial investment made in France in recent years. The Comurhex W II project was launched to give France an industrial facility offering cutting- edge safety, security, and environmental and industrial performance. A facility that gives us a global competitive advantage and guarantees an uninterrupted electricity supply for our markets. A tool integrating technological innovations in terms of safety, environment, and improvement of industrial performance: recycling of chemical reagents, reduction by 90% of water consumption, automated control-command system to improve the process control. It is an exceptional project that has required the best of our expertise from the teams of Orano Chemistry and Enrichment as well as Orano Projets, and throughout our group alongside our industrial partners. The project successfully completed at the same time as our group was reinventing itself to create a new flagship technology business to give nuclear materials all their value. While an important debate is taking place on France's multi-year energy program, the investment we have made in the Tricastin site and its plants shows the confidence we have in the future of nuclear energy. -
The Jules Horowitz Reactor Core and Cooling System Design
The Jules Horowitz Reactor core and cooling system design M. Boyard*, JM. Cherel**, C. Pascal*, B. Guigon*** * AREVA-Technicatome, 1100 rue Jean René Guillibert Gautier de la Lauzière 13100 Aix en Provence, FRANCE ** AREVA-Framatome-ANP, 9-10 rue Juliette Récamier 69006 Lyon, FRANCE *** Commissariat à l’Energie Atomique, 13108 Saint-Paul-lez-Durance cedex, FRANCE ABSTRACT The CEA (Commissariat à l’Energie Atomique) is planning to build a new MTR called the Jules Horowitz Reactor (JHR). JHR at Cadarache will become by 2014 and for decades a major research infrastructure in Europe for supporting existing power plants operation and lifetime extension as well as future reactor developments [1]. AREVA (Technicatome and Framatome- ANP) and EDF are performing the design studies. The JHR will be a tank pool type reactor using light water as coolant and moderator. The reactor has been designed to provide a neutron flux strong enough to carry out irradiation relevant for generations 2, 3 and 4 power plants: flexibility and adaptability, high neutron flux, instrumented experiments, loops to reproduce environments representatives of the different power plant technologies . Updated safety requirements and LEU fuel elements have been taken into account in the design of this high flux reactor. This paper presents the guidelines for the design of the main items, the various options considered and the choices made at the end of the detailed studies phase regarding: − Core shape, − Fuel element and core pitch, − Reflector and core-reflector interface, − Normal and emergency cooling systems, − Reactivity control system. MAIN OBJECTIVES OF THE REACTOR The “Jules Horowitz Reactor” (JHR) will be a structuring infrastructure of the European research area. -
Technical and Economic Aspects of Load Following with Nuclear Power Plants
Nuclear Development June 2011 www.oecd-nea.org Technical and Economic Aspects of Load Following with Nuclear Power Plants NUCLEAR ENERGY AGENCY Nuclear Development Technical and Economic Aspects of Load Following with Nuclear Power Plants © OECD 2011 NUCLEAR ENERGY AGENCY ORGANISATION FOR ECONOMIC CO-OPERATION AND DEVELOPMENT Foreword Nuclear power plants are used extensively as base load sources of electricity. This is the most economical and technically simple mode of operation. In this mode, power changes are limited to frequency regulation for grid stability purposes and shutdowns for safety purposes. However for countries with high nuclear shares or desiring to significantly increase renewable energy sources, the question arises as to the ability of nuclear power plants to follow load on a regular basis, including daily variations of the power demand. This report considers the capability of nuclear power plants to follow load and the associated issues that arise when operating in a load following mode. The report was initiated as part of the NEA study “System effects of nuclear power”. It provided a detailed analysis of the technical and economic aspects of load-following with nuclear power plants, and summarises the impact of load-following on the operational mode, fuel performance and ageing of large equipment components of the plant. 3 Acknowledgements Valuable comments and contributions were received from Mr. Philippe Lebreton, Electricité de France, Dr. Holger Ludwig, Areva GMBH, Dr. Michael Micklinghoff, E.ON Kernkraft and Dr. M.A.Podshibyakin, OKB “GIDROPRESS”. This report was prepared by Dr. Alexey Lokhov of the NEA Nuclear Development Division. Detailed review and comments were provided by Dr.