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ANS Winter Meeting. Key Insights. Plenary Session Takeaways. Global Nuclear Leaders are non-Western China/India/Russia/South Korea Current challenge to nuclear power in U.S. is cheap gas Electricity generated by natural gas costs $3.5-4.0/MBTU and may drop as more gas is found
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ANS Winter Meeting Key Insights
Plenary Session Takeaways • Global Nuclear Leaders are non-Western • China/India/Russia/South Korea • Current challenge to nuclear power in U.S. is cheap gas • Electricity generated by natural gas costs $3.5-4.0/MBTU and may drop as more gas is found • Global warming/Climate change is still the game changer • Even the natural gas producers embrace it because gas produces less CO2 than does coal
Plenary Session (Cont.) • U.S. may export plant operation know-how • U.S. capacity factors are very high • Depends in part on developing the risk infrastructure to enable on-line maintenance of safety equipment • No interest in closing the fuel cycle • Reprocessing push would result in political chaos • For those supporting reprocessing • For continued long-term spent fuel storage
Small Modular Reactors -SMRs • Embedded session focused on development • U.S. development/deployment could restore nuclear leadership position world-wide • Vendors actively pursuing specific proposals • B&W mPower working with TVA • Savannah River site has identified multiple locations and is working with several SMR vendors • Developing countries interested because SMRs don’t require as much capital or distort limited power supplies on smaller grids • Replacement for SMR outage more manageable
Implications for Arizona • SMR is already underway elsewhere • Arizona incentives needed to attract vendors • Mo-99 generation alternatives underway at several sites using HEU/LEU/reactors • Arizona need critical to support local source • Reprocessing considered politically risky
Arizona Implications (cont.) • Centralized interim waste storage not priority • NRC found waste can stay safely/securely on site for 60 years after reactor ceases operation • Possible centralized storage role for Arizona • Safety advantages to locating facility in area with • low population density, seismic activity, rainfall, and ease of access by interstate highway and rail • Cost advantage by using photovoltaic panels to cool casks and provide power for security features