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Latest News
DOE selects TVA and Holtec for SMR awards
The Department of Energy has selected the Tennessee Valley Authority and Holtec Government Services to support the early deployments of light water small modular reactors in the United States. The companies will each receive as much as $400 million in federal cost-shared funding to advance their initial SMR projects in Tennessee and Michigan, respectively, including follow-on projects and associated supply chains.
Thomas M. Anklam, Mike Dunne, Wayne R. Meier, Sarah Powers, Aaron J. Simon
Fusion Science and Technology | Volume 60 | Number 1 | July 2011 | Pages 66-71
IFE - NIF & LIFE | Proceedings of the Nineteenth Topical Meeting on the Technology of Fusion Energy (TOFE) (Part 1) | doi.org/10.13182/FST10-329
Articles are hosted by Taylor and Francis Online.
This paper presents the case for early commercialization of laser inertial fusion energy (LIFE). Results taken from systems modeling of the US electrical generating enterprise quantify the benefits of fusion energy in terms of carbon emission, nuclear waste and plutonium production avoidance. Sensitivity of benefits-gained to timing of market-entry is presented. These results show the importance of achieving market entry in the 2030 time frame. Economic modeling results show that fusion energy can be competitive with other low-carbon energy sources. The paper concludes with a description of the LIFE commercialization path. It proposes constructing a demonstration facility capable of continuous fusion operations within 10 to 15 years. This facility will qualify the processes and materials needed for a commercial fusion power plant.