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Deploying nuclear power: Financing, risk, and execution in the current market environment
Nielson
The renewed global interest in nuclear power is often framed as a policy story driven by decarbonization goals, energy security concerns, and surging electricity demand from digital infrastructure and electrification. While these forces are real and durable, they materially understate the challenge at hand. The practical constraint on nuclear deployment today is not strategic will, but execution. Specifically, the challenge lies in how nuclear projects are financed, how risk is allocated, and how investors assess credibility in a sector defined by long timelines and asymmetric downside risk.
Youho Lee, Thomas J. McKrell, Chao Yue, Mujid S. Kazimi
Nuclear Technology | Volume 183 | Number 2 | August 2013 | Pages 210-227
Technical Paper | Fuel Cycle and Management/Materials for Nuclear Systems | doi.org/10.13182/NT12-122
Articles are hosted by Taylor and Francis Online.
An experimental assessment was conducted of the silicon carbide (SiC) cladding oxidation rate in steam under conditions that are representative of loss-of-coolant accidents in light water reactors (LWRs). SiC oxidation tests were performed with monolithic alpha-phase tubular samples at atmospheric pressure for steam temperatures of 1140°C and 1500°C and a Reynolds number range of 40 to 330. Linear weight loss of SiC samples due to boundary layer controlled reaction of silica scale (SiO2 volatilization) was experimentally observed. The weight loss rate increased with increasing steam flow rate and temperature. Over the range of test conditions, SiC oxidation rates were shown to be about three orders of magnitude lower than the oxidation rates of Zircaloy-4. This underlines a weaker interplay between oxidation and mechanical property degradation in comparison with Zircaloy. SiC volatilization correlations for developing laminar flow in a vertical channel were formulated for LWR accident modeling.