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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.
Luciano Burgazzi
Nuclear Technology | Volume 161 | Number 1 | January 2008 | Pages 1-7
Technical Paper | Reactor Safety | doi.org/10.13182/NT08-A3908
Articles are hosted by Taylor and Francis Online.
The focus of the present study is passive system reliability assessment, with reference to the thermal-hydraulic passive systems (i.e., relying on natural circulation). An approach based on system-relevant performance parameters is introduced to provide system-significant availability and reliability figures, within a reliability physics framework.The method exploits the fact that for thermal-hydraulic passive systems to perform as expected to accomplish the required mission, parameters must lie between certain limits according to defined safety criteria. Some relevant physical parameters are worth considering as significant indicators of thermal-hydraulic passive system performance, for instance coolant flow or exchanged thermal power. Within this methodology, the selected representative parameters defining the system performance are properly modeled through the construction of joint probability functions in order to assess the correspondent functional reliability. The application of the methodology to a realistic passive system design is illustrated.The results are shown to point out the relevance of the passive system functional reliability aspects with respect to the classical mechanical component malfunctions, serving as a foundation for continuous improvement of the passive system reliability assessment process.This paper aims to remedy some of the limitations following on from applying the functional reliability approach to the passive system reliability problem, as highlighted in an earlier paper [Nuclear Technology, Vol. 144, p. 145 (Nov. 2003)]. This concerns essentially the assumption of independence between the marginal distributions to construct the joint probability distributions to evaluate system reliability.