Can Nuclear Batteries Be Economically Competitive in Large Markets?

Author:

Buongiorno JacopoORCID,Carmichael Ben,Dunkin Bradley,Parsons John,Smit Dirk

Abstract

We introduce the concept of the nuclear battery, a standardized, factory-fabricated, road transportable, plug-and-play micro-reactor. Nuclear batteries have the potential to provide on-demand, carbon-free, economic, resilient, and safe energy for distributed heat and electricity applications in every sector of the economy. The cost targets for nuclear batteries in these markets are 20–50 USD/MWht (6–15 USD/MMBTU) and 70–115 USD/MWhe for heat and electricity, respectively. We present a parametric study of the nuclear battery’s levelized cost of heat and electricity, suggesting that those cost targets are within reach. The cost of heat and electricity from nuclear batteries is expected to depend strongly on core power rating, fuel enrichment, fuel burnup, size of the onsite staff, fabrication costs and financing. Notional examples of cheap and expensive nuclear battery designs are provided.

Publisher

MDPI AG

Subject

Energy (miscellaneous),Energy Engineering and Power Technology,Renewable Energy, Sustainability and the Environment,Electrical and Electronic Engineering,Control and Optimization,Engineering (miscellaneous)

Reference19 articles.

1. Cost Competitiveness of Micro-Reactors for Remote Markets;Nichol,2019

2. Market and Technical Assessment of Micro Nuclear Reactors,2016

3. Can Distributed Nuclear Power Address Energy Resilience and Energy Poverty?

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