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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.
Yoshitaka Chikazawa, Mamoru Konomura, Shouji Uchida, Hiroyuki Sato
Nuclear Technology | Volume 152 | Number 3 | December 2005 | Pages 266-272
Technical Paper | Fission Reactors | doi.org/10.13182/NT05-A3675
Articles are hosted by Taylor and Francis Online.
A thermal source for hydrogen production is an attractive utilization of nuclear energy. Hydrogen production from natural gas is a promising method in an early stage of hydrogen society, though hydrogen production with water splitting without carbon dioxide emission is the final goal. Steam methane reforming is a well-known method for producing hydrogen from natural gas. A hydrogen separation membrane makes the reforming temperature much lower than that of the equilibrium condition, and a sodium-cooled fast reactor, which supplies heat at ~500°C, can be used as a heat source for hydrogen production.In this study, a hydrogen production plant with the membrane reforming method using a sodium-cooled reactor as a thermal source has been designed, and its economic potential is roughly evaluated. The hydrogen production cost is estimated to be about $1.67/kg, achieving the economic target of $1.7/kg. The construction cost is largely shared by the reformers' cost, and it can be decreased using a more efficient hydrogen separation membrane. This shows that steam methane reforming hydrogen production with a sodium-cooled reactor has high economical potential.