NuScale Nonproprietary Copyright 2017 NuScale Power, LLC

Transcription

1 September 12, 2017 Update José N. Reyes, Jr. Chief Technology Officer and Co-founder Chris Colbert Chief Strategy Officer NuScale Nonproprietary Copyright 2017 NuScale Power, LLC

2 Presentation Outline NuScale Part of the Global Energy, Environment, Water Solution How is NuScale progressing with NRC review? What has NuScale done to reduce FOAK risk? How is NuScale/Fluor incorporating lessons learned from Vogtle/Summer? How is NuScale working to close the cost gap? 2

3 The Global Reality An additional 197 quadrillion BTUs of energy are needed to lift 5.9 billion people out of energy poverty. Energy Information Agency 783 million people do not have access to clean water. More than 300 million people around the world rely on desalinated water for some of their daily needs. World Health Organization Courtesy R. Temple, NuScale Power More than 1 billion metric tons of food is lost or wasted each year - decaying in fields or farms before harvest or while it's being transported. World Resources Institute UNEP Outdoor air pollution contributes to the deaths of an estimated 1.6 million people in China every year, or about 4,400 people a day, Berkeley Courtesy Pew T. Maloney, Research NuScale Center. Power 3

4 CFPP Part of the Global Energy Solution NUSCALE MISSION - NuScale Power will provide scalable advanced nuclear technology for the production of electricity, heat, and water to improve the quality of life for people around the world. UAMPS/NuScale/INL Collaboration NuScale has completed 5 studies with partners on different applications of the NuScale Power Modules that relate to the mission of the company: Clean Water - Desalination Clean Transportation Fuel Hydrogen Production Clean Air - Reduction of Carbon Emissions at Oil Refineries Clean Energy - Facilitating Growth of Renewables Load Following Reliable Power Protecting Critical Infrastructure New applications provide opportunities for INL research and the potential for a CFPP power purchase agreement. 4

5 NuScale Diverse Energy Platform Oil Refineries Study - Reduction of Carbon Emissions (Fluor and NuScale) 10-Module Plant coupled to a 250,000 barrels/d refinery Eliminates 190 MT/hr of CO 2 Integration with Wind Study - Horse Butte Site (UAMPS, ENW and NuScale) 1-Module dedicated to UAMPS 57.6 MW wind farm Hydrogen Production Study High- Temperature Steam Electrolysis (INL and NuScale) 6-Module Plant for Emission Free Hydrogen Production of 190 MT/d of hydrogen Desalination Study Sized for the Carlsbad Site (Aquatech and NuScale) 8-Module Plant can produce 50 Mgal/d (190K m 3 /d) of clean water plus 350 MWe Reliable Power for Mission Critical Facilities (NuScale) 5

6 NuScale Desalination Study Considered all three leading desalination technologies Evaluated technical aspects of coupling with RO, MED and MSF plants Compared water production rates and economic efficiencies Reverse Osmosis (RO) Case Study using Carlsbad Plant Multi-Stage Flash Distillation Using steam extraction, one module produces 8-9 Mgal/d of pure water plus 30 MW of electricity Multi-Effect Distillation Using steam extraction, one module produces Mgal/d of pure water plus 30 MW of electricity

7 Case Study Parameters (8 Module Plant) Carlsbad Desalination Plant (CDP) 50 Mgal/d (190k m 3 /d) purified water output Provides water for ~300,000 people ( gal/d per person) Requires 48 MWe (6 kwh per m 3 ) Co-located with a fossil power station 8 Module NuScale Plant Fully meets electricity and thermal energy requirements of CDP Also provide electricity for same 300,000 people Carlsbad Desalination Plant (CA) Maintain fixed water production rate for thermal desalination options T

8 Reducing Plant Water Consumption All Air-Cooled Condenser / Water Wet Cooled Design Cooled Site Cooling Design All Air-Cooled Design Cooling Water Cooling Water No Cooling Water Required Withdrawal (evap, drift, and blowdown) Withdrawal Peak gpm Peak 840 gpm Average gpm Average 630 gpm (75% or peak) Mgpd (75% or peak) 0.91 Mgpd ac-ft/yr 1016 ac-ft/yr 1.16 g/kwh 0.08 g/kwh Consumption (evaporation and drift) Consumption Peak 9400 gpm Peak 564 gpm Average 7050 gpm Average 423 gpm (75% of peak) Mgpd (75% of peak) 0.61 Mgpd ac-ft/yr 682 ac-ft/yr 0.78 g/kwh 0.05 g/kwh Pool Evaporation Pool Evaporation Pool Evaporation Average 3.7 gpm Average 3.7 gpm Average 3.7 gpm 5328 gpd 5328 gpd 5328 gpd Potable Water Potable Water Potable Water 8640 gpd 8640 gpd 8640 gpd Total Withdrawal 5524 Mgpy Total Withdrawal 336 Mgpy Withdrawal = Consumption in Air Cooled design ac-ft/yr 1032 ac-ft/yr Total Consumption 3711 Mgpy 227 Mgpy 5.10 Mgpy ac-ft/yr Total Consumption 698 ac-ft/yr Total Consumption 16 ac-ft/yr

9 NuScale Redundant Array of Independent Reactors (RAIR) for Mission Critical Facilities UTILITY MACROGRID Highly reliable power is required for Mission-Critical Facilities. Macrogrid > % Availability 470 MWe net > 95% Capacity Hospitals, Data Centers, Government Facilities, banking or retail systems Security systems, telecommunications, air traffic control Safety systems for conventional Nuclear Plants Process failure can cause significant financial or reputational damage to the organization or may impact national security or safety NuScale 12-Module Plant MISSION CRITICAL FACILITY DEDICATED MICROGRID 100 MWe net > 99.95% Availability 9

10 10 NRC Review of NuScale DCA

11 Reducing Licensing Risk - High Quality DCA Design Certification Application (DCA) completed at end of DCA accepted for docketing in March >800 people have worked on the project across 5 Offices in U.S. RAI process is in full implementation NRC has published its review schedule 12,000+ pages 14 Topical Reports >2 million labor hours >800 people >50 supplier/partners Over $500M 11

12 DCA Review At-A-Glance Review progressing well Phase 1 of review likely ahead of schedule 10 of 21 chapters completed Phase 1 in July Project 75% complete end of September Critical path chapter (safety analysis) current schedule end of year 4 months ahead of published schedule 10 Chapters now in Phase 2 of review No significant safety concerns have been identified Fewer questions than prior DCAs ~1,000 known Phase 1 question Estimate ~ 1,500 RAI questions by end of Phase 1 A concern is NRC staff appears to be making new interpretation/imposition of requirements 12

13 NuScale Meeting Commitments About 700 final questions received to-date Over 225 responses submitted NRC feedback is responses are high quality and address need About 10% forecast to require > 60 days NRC requested new analyses or tests, or more detailed design that, in general, NuScale believes goes beyond that necessary for DCA No impact on overall schedule so far 13

14 Design Certification Review Process Currently in Phase 1 Preliminary Safety Evaluation Report and RAIs Constitutes bulk of NRC technical review Most questions (requests for additional information [RAIs]) identified in this phase Almost all safety concerns will be identified in Phase 1 Phase 2 next Safety Evaluation Report with Open Items Review moves from Phase 1 to Phase 2 by chapter Public document that provides NRC staff s draft conclusions that design is acceptable Open items are generally confirmatory Phase 3 is ACRS review of Staff s SER with open items Informs Commission of any concern with design or staff s review Significant issues identified here infrequently Remainder of review, while not pro forma, is mostly processing of application. Identification of new safety issues is rare. 14

15 Top Review Successes Electrical design Approval in sight with draft SER on topical report DCA review (Chapter 8) going well Digital Instrumentation and Control Systems Typically critical path or near critical path on prior reviews Topical report approved DCA review (Chapter 7) going well Control room and licensed operators Approval in sight - alignment on approach in application and regulatory path forward Seismic/structural review (Ch 3) While many RAI questions, none yet challenge safety of design Current NuScale critical path to Phase 3 Probabilistic Risk Assessment (Ch 19) Audits completed very successful in this area Fewer RAIs than other applicants PRA group can help NuScale with remainder of NRC 15

16 NEI Press Release (September 7, 2017) TVA Demonstrates Site Boundary EPZ Possible for SMRs TVA analysis adds information on Clinch River early site permit application Shows any accident radiological impact would be limited to within site boundary Analysis provides basis for exemption from 10-mile EPZ in regulatory breakthrough 16

17 NuScale Baseline DC Review Completed DCA 12/31/16 P1 PSER and RAIs 4/16/18 P3 - ACRS review of SER w/ois 8/27/19 P5 - ACRS review Adv SER w/no OIs 6/23/20 Rulemaking Jan NRC Accepted 3/15/17 P2 SER w/ois 5/16/19 P6 FSER 9/08/20 Design Certified Jan 2021 P4 - Adv SER w/no OIs 12/12/19 Total projected duration for NRC review and approval - 46 months 17

18 18 Reducing FOAK Risks

19 Reactor Qualification Test Plan The NuScale testing program is guided by the Reactor Qualification Test Plan Summarizes tests planned in support of design certification, first-of-a-kind-engineering and product commercialization Supports reactor safety code development, validation, reactor design, and technology maturation to minimize technology risk Structured risk-based process used to identify and prioritize required tests Focuses on features unique to an integral pressurized water reactor Includes information for project planning (test descriptions and requirements, etc.) Living document that is periodically updated to reflect changes in risk or priority Have committed over $67 million in testing related activities ~ $70M additional testing for FOAK components NuScale Reactor Qualification Test Plan PL (49 Test Programs) INCLUDING: Nuclear Fuel Mechanical Nuclear Fuel Thermal Tests Reactor Vessel Internals FIV Control Rod Drive Mechanism Tests Steam Generator Mechanical Steam Generator Thermal Tests RXM Manufacturing Demo Valve Testing Instrument Sensors Module Protection System Prototype Upper Module Mock-up Module Assembly Tools Integral System Tests Advanced Manufacturing Component Seismic Tests 19

20 NuScale Testing Programs Test/Demonstration Program Test Facility Status Critical Heat Flux Test Preliminary Fuel Design Stern Lab, Canada Completed Steam Generator Tube Inspection Feasibility Study Oregon Industrial, Albany, OR Completed SIET TF1; 3-Coil, Full-Length, Electrically Heated Steam Generator SIET, Piacenza, Italy Completed SIET TF2; 252-Coils, full length, Prototypic Fluid-to-Fluid heat transfer SIET, Piacenza, Italy Completed Upper Module Mock-up OIW (Vigor), Vancouver, WA Completed Fuel Mechanical and Hydraulic Areva, Richland, WA Completed NIST-1 Facility; Integral System OSU, Corvallis, OR DCA Testing Complete DCA Supplementary Ongoing CRA and Drive Shaft Drop Alignment Areva, Erlangen, Germany Test Rig Being Modified Steam Generator Flow Induced Vibration SIET, Piacenza, Italy Under Construction Control Rod Drop Alignment - Hot Areva, Erlangen, Germany Specifications being developed Critical Heat Flux NuScale NuFuel HTP2 TM Areva, Karlstein, Germany Complete Steam Generator Orifice Hydraulic Alden Lab, Holden, MA Complete ECCS valve fabrication and proof-of-concept Curtiss-Wright Target Rock, NY Specifications being developed 20

21 NuScale Test Programs Full-Scale SG Tube Inspection Mock-Up, NuScale Integral System Test Rod Assembly Corvallis, Oregon Full-Scale Upper ModuleControl SGControl Flow Induced Vibration NuScale 12-Module Room Simulator, Corvallis, Oregon Facility, OSU, Corvallis, Oregon NuFuel HTP-2 Critical Heat Flux Critical HeatNuFuel Flux Tests HTP-2 Drop AREVA, Tests, Erlangen, Mock-Up, Oregon Iron Tests, Erlangen, Tests, AREVA, Karlstein, Germany Germany Stern Lab, Mechanical Canada Test Works, Oregon Germany Richland, Wa Helical Coil SG Tests SIET Piacenza, Italy 21

22 Reducing Manufacturing Risk Teaming with World Class Manufacturers 100 attendees from 83 companies attended the NuFAB supplier s Day event on November 3, NuScale Power, LLC 22

23 Supplier Scope - Base Refine the design for manufacturability, assembly and transportability Prepare for fabrication Fabricate 12 NuScale Power Modules Containment Vessel Reactor Vessel Reactor vessel internals and piping Steam Generator Assembly and testing, including ITAAC support Install equipment from other OEMs CIVs CNV RXM piping RVV integrated PZR baffle plate and steam plenum RPV SG annular space RVI lower riser assembly RVI core support assembly 23

24 Selection Process Timeline Milestones 11/03/2016 Expression of Interests Rec d 01/30/2017 RFP Released 06/16/2017 RFP Responses Due 01/15/2018 Supplier Selection Contract Execution 1Q17 2Q17 3Q17 4Q17 1Q18 2Q18 3Q18 EOI Instructions issued Teams are developed EOI Prepared Activities 24 RFP Prepared EOI s Reviewed Down select NDAs & Export Controls screening RFP Pre-bid meetings RFP Q&A RFP Response Preparation Due Diligence on NuScale (for investors) Team Development RFP Evaluation QA Program Review Site Visits Questions Answers Down Select Final Negotiations

25 25 Customers

26 26 NuAB

27 First Deployment: UAMPS CFPP Utah Associated Municipal Power Systems (UAMPS) Carbon Free Power Project (CFPP) will be first deployment Preferred location within the Idaho National Laboratory (INL) site A 12-module plant (600 Mwe gross) DOE awarded $16 million in cost sharing to perform site selection, secure site and water, and prepare combined operating and license application to NRC 2026 commercial operation 27

28 $ / MWH Closing the Gap with NGCC "FIRST OF A KIND" NuScale SMR $85/MWH Capex 75 Opex "NTH OF A KIND" NGCC $60-$70/MWH NPM Prepay PTC DOE Cost Share Loan Guarantees ID Support 28

29 6650 SW Redwood Lane, Suite 210 Portland, OR NE Circle Blvd., Suite 200 Corvallis, OR Woodglen Ave., Suite 205 Rockville, MD Piedmont Row Drive South, Suite 600 Charlotte, NC Jadwin Ave., Suite 130 Richland, WA st Floor Portland House Bressenden Place London SW1E 5BH United Kingdom +44 (0)