Abstract An ingenious design, Traveling Wave Reactor (TWR) has been suggested for full exploitation of uranium resources in next generation of nuclear reactors. This design involves the slow propagation of a nuclear fission wave through a long initially subcritical core and the transmutation of nuclear fuel. It has been widely proven that the initiation and propagation of fission waves are feasible prompting the Terra Power Company to conduct preliminary commercialization studies on this project. In equilibrium state, the shapes of the neutron flux, nuclide densities and power density distribution remain constant but the burning region moves in axial (or radial) directions. In this case the in situ fissile material production and consumption drives the operation. Only natural or depleted uranium is required for fresh fuel region. However, in equilibrium state, the burning region contains a spectrum of fission products as well as higher actinides whose are not easily available for initial TWR core construction. One solution is based on the use of enriched uranium in the first cycle to ignite the fission wave and then employment of the composition in subsequent cycles up to the equilibrium state. The main objective of this work is the feasibility study of forming a fission wave as well as the neutronic analysis of a Gas-Cooled Traveling Wave Reactor in various cycles up to the equilibrium one. The MCNP Monte Carlo code was utilized for the analysis of criticality and burn-up calculation. In each cycle, the axial fresh fuel loading and spent fuel discharge, were subjected to analysis. Results showed that the equilibrium state can be obtained by using special arrays of absorbers, from the third cycle where the shape of neutron flux and the power density distribution in axial direction remain unchanged.
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