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2018-02-05 07:20:00

U.S. NUCLEAR RESILENCE

U.S. NUCLEAR RESILENCE

DOE - The U.S. Department of Energy estimates power outages are costing American businesses around $150 billion per year.

That's a lot of money that could be reinvested back into the economy.

The truth is, having a resilient power source not only saves money but also maintains the critical resources our country needs to be safe and secure.

DOE recently released a report that dives into the emerging technology of advanced small modular reactors (SMRs) and their ability to flexibly provide carbon-free power in response to outages caused by severe weather and physical threats to the grid.

Resiliency Benefits of U.S. Advanced SMRs

There are a number of benefits to SMRs, ranging from increased safety features that passively cool reactor cores without the need for operator action to better financing options thanks to quicker construction times, less components and smaller sizes.

According to the report, U.S. military and other national defense facilities, such as DOE's national laboratories, are prioritizing backup power sources to maintain operations.

SMRs, coupled with transmission upgrades, can also help meet these resiliency needs in a number a ways:

Fuel Security

SMRs can easily store up to two years' worth of fuel on-site, allowing them to maintain power during and after extreme weather events or other threats to the grid.

Flexibility

Certain designs, like DOE-supported NuScale Power, LLC, can vary their energy output over days, hours and even minutes. This allows SMRs to respond quickly to a grid outage and adjust to changing load demands.

SMRs can also start up from a completely de-energized state without receiving energy from the grid. This can help the grid meet system requirements in terms of voltage, frequency and other attributes when recovering from an outage.

Security

In-ground construction of SMRs make them less vulnerable to extreme weather events and other physical attacks on the grid. They also use minimal electrical parts that reduce vulnerability to electromagnetic pulses.

Independent Operation

SMRs can operate connected to the grid or independently, allowing them to power a campus facility in the event of grid failure.

Improving Resiliency at Oak Ridge National Laboratory

The report looks specifically at how SMRs operated by the Tennessee Valley Authority could help meet the resiliency needs at Oak Ridge National Laboratory—DOE's largest consumer of electricity.

The lab plays an important role in nuclear energy research and technologies, as well as national security. It's also home to some of the most powerful supercomputers in the world that require a continuous supply of energy to safeguard analytical results and the machines.

The report, conducted by Kutak Rock and Scully Capital for DOE's Office of Nuclear Energy, builds on a January 2017 report that provides guidance for federal agencies on purchasing SMR-generated power. It also lists a set of recommendations that include utilizing SMRs on-site for future research and the production of medical isotopes.

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Nuclear
2018, January, 24, 11:35:00

U.S. NUCLEAR WATERSHED

WNN - US must maintain a strong domestic sector by keeping its reactors operating but must also demonstrate it can build new plants, while paving the way for advanced reactors

 
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2018, January, 22, 08:25:00

U.S. NUCLEAR POWER - 2017

WNA - The USA is the world's largest producer of nuclear power, accounting for more than 30% of worldwide nuclear generation of electricity. The country's 99 nuclear reactors produced 805 billion kWh in 2016, almost 20% of total electrical output.

 

 Nuclear
2018, January, 22, 08:05:00

U.S. - RUSSIA'S NUCLEAR

PLATTS - "The domestic uranium mining industry needs US government assistance to survive the foreign onslaught -- particularly from Russia and Kazakhstan -- that has undermined the US uranium industry while new players -- particularly China -- will soon make the situation worse," Energy Fuels and Ur-Energy said in a petition they jointly filed with the department.

 

 Nuclear
2018, January, 5, 23:30:00

BROOKFIELD BUYS WESTINGHOUSE: $4.6 BLN

WNN - Brookfield highlighted Westinghouse's "strong market position" as the "largest service provider" to the world's nuclear facilities; its well-established global base of long-term customers; its "attractive" revenue and cash flow profile, with regularly scheduled services provided under long-term contracts; and its "strong reputation", driven by focus on innovation.

 

 Nuclear
2017, November, 9, 13:50:00

EIA: NUCLEAR ENERGY WILL UP

EIA projects that global nuclear capacity will grow at an average annual rate of 1.6% from 2016 through 2040, led predominantly by countries outside of the Organization for Economic Cooperation and Development (OECD). EIA expects China to continue leading world nuclear growth, followed by India. This growth is expected to offset declines in nuclear capacity in the United States, Japan, and countries in Europe.

 

 Nuclear
2017, October, 14, 18:38:00

U.S. NUCLEAR POWER HELPS

REUTERS - “If we lose our supply chain, if we lose our intellectual chain of supply of bright scientists because we basically pushed the nuclear industry back, then we’re going to lose our role as a leader when it comes to nuclear energy in the world,” Perry said.

 

 Nuclear
2017, August, 11, 18:59:00

U.S. NUCLEAR POWER FUTURE

CARNEGIE - The United States generates one-fifth of its electricity using one hundred nuclear power reactors. That’s more reactors than in any other country, but until 2013 the last construction start in the United States was in 1977.

 

 

Tags: USA, NUCLER, ENERGY

Chronicle:

U.S. NUCLEAR RESILENCE
2018, August, 17, 11:30:00

U.S. INDUSTRIAL PRODUCTION UP 0.1%

U.S. FRB - Industrial production edged up 0.1 percent in July after rising at an average pace of 0.5 percent over the previous five months. Manufacturing production increased 0.3 percent, the output of utilities moved down 0.5 percent, and, after posting five consecutive months of growth, the index for mining declined 0.3 percent. At 108.0 percent of its 2012 average, total industrial production was 4.2 percent higher in July than it was a year earlier. Capacity utilization for the industrial sector was unchanged in July at 78.1 percent, a rate that is 1.7 percentage points below its long-run (1972–2017) average.

U.S. NUCLEAR RESILENCE
2018, August, 17, 11:25:00

NORWAY'S PETROLEUM PRODUCTION: 1.911 MBD

NPD - Preliminary production figures for July 2018 show an average daily production of 1 911 000 barrels of oil, NGL and condensate, which is an increase of 64 000 barrels per day compared to June.

U.S. NUCLEAR RESILENCE
2018, August, 17, 11:20:00

GAZPROM NEFT NET PROFIT UP TO 49.6%

GAZPROM NEFT - For the first six months of 2018 Gazprom Neft achieved revenue** growth of 24.4% year-on-year, at one trillion, 137.7 billion rubles (RUB1,137,700,000,000). The Company achieved a 49.8% year-on-year increase in adjusted EBITDA, to RUB368.2 billion. This performance reflected positive market conditions for oil and oil products, production growth at the Company’s new projects, and effective management initiatives. Net profit attributable to Gazprom Neft PJSC shareholders grew 49.6% year on year, to RUB166.4 billion. Growth in the Company’s operating cash flow, as well as the completion of key infrastructure investments at new upstream projects, delivered positive free cash flow of RUB47.5 billion for 1H 2018.

U.S. NUCLEAR RESILENCE
2018, August, 15, 11:10:00

OIL PRICE: NEAR $72

REUTERS - Front-month Brent crude oil futures LCOc1 were at $72.34 per barrel at 0648 GMT, down by 12 cents, or 0.2 percent, from their last close. U.S. West Texas Intermediate (WTI) crude futures CLc1 were down 23 cents, or 0.3 percent, at $66.81 per barrel.

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