Participating in the forum were (from left) John Hopkins (NuScale Power), Renaud Crassous (EDF), Daniel Poneman (Centrus Energy), Adriana Cristina Serquis (CNEA), and Boris Schucht (Urenco).
The nuclear industry leaders assembled in Washington, D.C., last week to discuss small modular reactor supply chains agreed that lost generation capacity from the expected retirement of hundreds or thousands of coal power plants over the next decade—a cliff, in one panelist’s words—represents an opportunity that developers of SMRs and advanced reactors are competing to meet.
“I think in total 80 projects are ongoing,” said Boris Schucht, panel moderator and chief executive officer of Urenco Group, as he opened the forum. “Of course not all of them will win, and we will discuss today what is needed so that they can be successful.”
How Kairos Power is applying rapid iterative development to the licensing process as part of its strategy to deliver on cost
Developing a first-of-a-kind reactor is a daunting endeavor. To be successful, advanced reactor designers need to achieve cost certainty by delivering a safe and affordable product at the promised cost. To meet this goal, Kairos Power structured its approach around four key strategies: 1) achieving technology certainty through a rapid iterative approach; 2) achieving construction certainty by demonstrating the ability to build it; 3) achieving licensing certainty by proving Kairos can license it; and 4) achieving supply chain certainty by vertically integrating critical capabilities. By mitigating risk in these four key areas, Kairos Power is confident that it will get true cost certainty for our future products.
The third prong in Kairos’s strategy—achieving licensing certainty—was a key driver in the decision to build the Hermes low-power demonstration reactor, and it remains a major workstream as the company’s construction permit application (CPA) undergoes review by the U.S. Nuclear Regulatory Commission. Licensing a new nuclear technology is no small challenge, and there are multiple approaches companies can take. Here’s a look at how we at Kairos are approaching it.
Waste packages are loaded with contaminated soil during remediation work at Lawrence Berkeley National Laboratory. (Photo: PermaFix)
Depending on the size and complexity of a decommissioning project, the transportation and disposal of radioactive waste will have an oversized impact on planning, schedule, and budget. The scope of decommissioning a site contaminated with radioactive material begins and ends with the proper and safe packaging of waste and subsequent transportation from the site to the final disposal location. Once all of the waste is gone from the site, the compliance exercise can be completed and the site released from controls (i.e., the radioactive materials license is terminated and the site is decommissioned).