Abstract :
Advanced high-temperature nuclear reactors create a number of new opportunities for nuclear process heat applications. These opportunities are based on the high-temperature heat available, smaller reactor sizes, and enhanced safety features that allow siting close to process plants. Major sources of value include the displacement of premium fuels and the elimination of CO2 emissions from combustion of conventional fuels and their use to produce hydrogen. High value applications include steam production and cogeneration, steam methane reforming, and water splitting. Market entry by advanced high-temperature reactor technology is challenged by the evolution of nuclear licensing requirements in countries targeted for early applications, by the development of a customer base not familiar with nuclear technology and related issues, by convergence of oil industry and nuclear industry risk management, by development of public and government policy support, by resolution of nuclear waste and proliferation concerns, and by the development of new business entities and business models to support commercialization. New HTR designs may see a larger opportunity in process heat niche applications than in power given competition from larger advanced light water reactors. Technology development is required in many areas to enable these new applications, including the commercialization of new heat exchangers capable of operating at high temperatures and pressures, convective process reactors and suitable catalysts, water splitting system and component designs, and other process-side requirements. Key forces that will shape these markets include future fuel availability and pricing, implementation and monetization of CO2 emission limits, and the formation of international energy and environmental policy that will support initiatives to provide the nuclear licensing frameworks and risk distribution needed to support private investment. This paper was developed based on a plenary session presentation at HTR-2006 which won Best Paper.
