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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.
H. B. Flynn, George Larsen
Fusion Science and Technology | Volume 79 | Number 1 | January 2023 | Pages 60-68
Technical Paper | doi.org/10.1080/15361055.2022.2115833
Articles are hosted by Taylor and Francis Online.
Developing a Fusion Pilot Plant (FPP) design that minimizes risks due to tritium in-process inventory (IPI) is an important concern for the operation of commercial devices. This becomes even more of concern since an FPP will be breeding more tritium than is burned in the reactor for sustainability. The IPI is the tritium moving through the system that is not in the storage and delivery subsystem. A process model that solves time-dependent differential equations based on processing times was used to investigate the reduction of the IPI of a potential fuel cycle design. The impact of new and more efficient technologies such as direct internal recycling (DIR), metal foil pumps, continuous pumping, improved isotope separation, and hydrogen separating continuous pumps on IPI was investigated by adjusting subsystem processing times and material flow streams. It was shown that any of the insertions of DIR studied in this paper caused a reduction in the total IPI of the system and proved to be the optimal way to reduce the IPI in the system. Fuel cycle modifications near the torus, such as a coupled DIR and improved pumping systems, produced the largest reductions in tritium inventory.