Comments on evolving technologies, utility incentives and alternative financing and cost recovery methods

Abstract

The Advanced High-Temperature Reactor is a new reactor concept that combines four existing technologies in a new way: (1) coated-particle graphite-matrix nuclear fuels (traditionally used for helium-cooled reactors), (2) Brayton power cycles, (3) passive safety systems and plant designs from liquid-metal-cooled fast reactors, and (4) low-pressure liquid-salt coolants with boiling points far above the maximum coolant temperature. The new combination of technologies enables the design of a large [2400- to 4000-MW(t)] high-temperature reactor, with reactor-coolant exit temperatures between 700 and 1000°C (depending upon goals) and passive safety systems for economic production of electricity or hydrogen. The AHTR [2400-MW(t)] capital costs have been estimated to be 49 to 61% per kilowatt (electric) relative to modular gas-cooled [600-MW(t)] and modular liquid-metal-cooled reactors [1000-MW(t)], assuming a single AHTR and multiple modular units with the same total electrical output. Because of the similar fuel, core design, and power cycles, about 70% of the required research is shared with that for high-temperature gas-cooled reactors.