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X-energy raises $700M in latest funding round
Advanced reactor developer X-energy has announced that it has closed an oversubscribed Series D financing round of approximately $700 million. The funding proceeds are expected to be used to help continue the expansion of its supply chain and the commercial pipeline for its Xe-100 advanced small modular reactor and TRISO-X fuel, according the company.
Matthew Memmott, Jacopo Buongiorno, Pavel Hejzlar
Nuclear Technology | Volume 173 | Number 2 | February 2011 | Pages 162-175
Technical Paper | Fuel Design/Defects/ Examination | doi.org/10.13182/NT11-A11545
Articles are hosted by Taylor and Francis Online.
Two innovative fuel concepts, the internally and externally cooled annular fuel and the bottle-shaped fuel, were investigated with the goal of increasing the power density and reducing the pressure drop in the sodium-cooled fast reactor, respectively. The concepts were explored for both high- and low-conversion core configurations and for metal and oxide fuels. The annular fuel concept is best suited for low-conversion metal-fueled cores, where it can enable a power uprate of [approximately]20%; the magnitude of the uprate is limited by the fuel-clad chemical interaction temperature constraint during a hypothetical flow blockage of the inner annular channel. The bottle-shaped fuel concept is best suited for tight high-conversion ratio cores, where it can reduce the overall core pressure drop in the fuel channels by >30%, with a corresponding increase in core height between 15 and 18%. A full-plant RELAP5-3D model was created to evaluate the transient performance of the innovative fuel configurations during the unprotected transient overpower and station blackout. The transient analysis confirmed the good thermal-hydraulic performance of the annular and bottle-shaped fuel designs with respect to the reference case with traditional solid fuel pins.