A webinar by Ken Darlington presenting general and detailed information about Small Modular Reactors (Nuclear) and USNC's new project in Chalk River Ontario Canada
20:04 'Funded plan for decommissioning is a prerequisite to licensing'! Great! Why not apply it to 'renewables' also and see what cost implications it will have?
Renewables don't produce radioactive waste that remains deadly for thousands of years. But I agree energy costs should include the full life cycle for all technologies
Great technology if used on defense and residential or industry where really can decrease the energy cost and emission. However if a MMR 15MWt or 5 MWe will cost 150-200 millions dollar (capex) then this MMR may generate 3412.14 btu energy for only 0.06-0.08 $/kWhr. Bitumen extraction using SAGD actually consume around 1500000 BTU/bbl which will cost only 3$ (1 mscf 2$). Using MMR energy on the same amount will increase oil cost for energy only to 27.86-37.15$/bbl. This shows that MMR 15MWt reactor can not compete with existing technology oil industry is using today and for 25 years or more. Bitumen extraction using thermal energy may improve and decrease the thermal energy to 420000 BTU/bbl if they posses the right technology (sure they do not have this). On this case if they will decide to phase out gas consumption and use MMR, the cost of a barrel bitumen will drop to 7.8-10.4$/bbl (only for thermal energy), and this is higher than energy from gas natural.
The world needs MORE of the cleanest, safest, most energy-dense form of power generation: NUCLEAR. I pray that mankind catches on soon, our world is a consequence of our actions.
Why are renewables/intermittents always included in nuclear conversations? They suck on their own. Adding them to the mix doesn't help the overall solution.
100 million cost, plus 7 people per shift, plus some for time off, say 30 people at an average of 100k per year, or 3 million per year, or 60 million over the 20 year lifetime. So, a minimum of 160m for 20years of 5Mw power. That's 876600Mwh of power for a minimum of $182.52 per megawatt hour. Pretty expensive. Hope the cost drops a lot, or you won't see much adoption.
nice, thanks for this. I wonder how the LCOE of 0.32 CAD/kWh at 23:00 was calculated. Thats 0.24 USD/kWh, or 240 USD/MWh. Pretty expensive indeed, but perhaps prices are simply higher for remote applications? What is interesting too is that the graph at 23:00 shows that the 20 MWth version is (32-24)/32*100 = 25% cheaper than the 10 MWth one. Looks like a rather attractive economy of scale potential here.
@@robinyilmaz1155 probably cheaper than running a remote village off of diesel generators, once you add in the shipping cost of diesel, assuming you can use the power.
@@ancapftw9113 That's good to hear but I read that Rolls Royce plan was to permanently store (dump) the waste on site. History shows that orphan sources have a disastrous safety record.