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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.
Craig Brown, Ken Hartley, Jim Hulsman
Nuclear Technology | Volume 151 | Number 2 | August 2005 | Pages 120-125
Technical Paper | Advances in Nuclear Fuel Management - Increased Enrichment/High Burnup and Light Water Reactor Fuel Cycle Optimization | doi.org/10.13182/NT05-1
Articles are hosted by Taylor and Francis Online.
Boiling water reactors (BWRs) in the United States have transitioned over the past 30 yr from 7 × 7 and 8 × 8 fuels, 12-month cycles, and batch average burnups of 30 GWd/tonne U to 10 × 10 fuel, 18- to 24-month cycles, batch average burnups of 50 GWd/tonne U, and 5% power uprates in the 1990s. The next step for BWRs in the new millennium is 24-month cycles and extended power uprates as high as 120% power. These operating conditions lead to large reload fuel batch sizes (up to 45% of the core) that result in lower batch average discharge burnups (~45 GWd/tonne U). Parameters driving the drop in fuel burnup include enrichment limitations and the need for fuel performance improvements. The next steps to achieve better BWR fuel cycle economics and their associated benefits and implementation challenges are discussed in this paper.