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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.
Pavel Hejzlar, Jacopo Buongiorno, Philip E. MacDonald, Neil E. Todreas
Nuclear Technology | Volume 147 | Number 3 | September 2004 | Pages 321-343
Technical Paper | Medium-Power Lead-Alloy Reactors | doi.org/10.13182/NT147-321
Articles are hosted by Taylor and Francis Online.
We outline the strategy and constraints adopted for the design of medium-power lead-alloy-cooled actinide-burning reactors that strive for a lower cost than accelerator-driven systems and for robust safety. Reduced cost is pursued through the use of (1) a modular design and maximum power rating to capitalize on an economy of scale within the constraints imposed by modularity, (2) a very compact and simple supercritical-CO2 power cycle, and (3) simplifications of the primary system allowed by the use of lead coolant. Excellent safety is pursued by adopting the integral fast reactor approach of achieving a self-controllable reactor that responds to all key abnormal occurrences, including anticipated transients without scrams, by a safe shutdown without exceeding core integrity limits. The three concepts developed are the fertile-free actinide burner for incineration of all transuranics from light water reactor (LWR) spent fuel, the fertile-free minor actinide (MA) burner for preferential burning of MAs working in tandem with LWRs or gas-cooled thermal reactors, and the actinide burner with thorium fuel aimed also at reducing the electricity generation costs through longer-cycle operation.