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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.
M. Brovchenko, D. Heuer, E. Merle-Lucotte, M. Allibert, V. Ghetta, A. Laureau, P. Rubiolo
Nuclear Science and Engineering | Volume 175 | Number 3 | November 2013 | Pages 329-339
Technical Paper | doi.org/10.13182/NSE12-70
Articles are hosted by Taylor and Francis Online.
Molten salt reactors are liquid fuel reactors so that they are flexible in operation, but they are very different from solid fuel reactors in the approach to safety. This study concentrates on the specific concept named Molten Salt Fast Reactor (MSFR). Since this new nuclear technology is in development, safety is an essential point to be considered all along the research and development studies. After a short description of the MSFR systems, necessary to device accidental scenarios, this paper will focus on the decay heat evaluation of such a reactor. Among different contributions, the decay heat of fission products in the MSFR is evaluated to be low (3% of nominal power), mainly due to the reprocessing during the reactor operation. As a result, the contribution of the actinides is significant (0.5% of nominal power). However, the decay heat of the fission products is important, and among the different uncertainty sources, the fission yield uncertainties are pointed out. The unprotected loss of heat sink transients are studied in this paper. It appears that slow transients are favorable (>1 min) to minimize the temperature increase of the fuel salt. This work will be the basis of further safety studies as well as an essential parameter for the design of the draining system.