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1 Electricity Committee
2 Electricity Committee and Subcommittee on Nuclear Issues-Waste Disposal Nuclear Power Updates
3 July 17, 2017 NuScale s Small Modular Reactor Jack Bailey VP NuScale Power NuScale Nonproprietary Copyright 2017 NuScale Power, LLC
4 Acknowledgement & Disclaimer This material is based upon work supported by the Department of Energy under Award Number DE-NE This report was prepared as an account of work sponsored by an agency of the United States (U.S.) Government. Neither the U.S. Government nor any agency thereof, nor any of their employees, makes any warranty, express or implied, or assumes any legal liability or responsibility for the accuracy, completeness, or usefulness of any information, apparatus, product, or process disclosed, or represents that its use would not infringe privately owned rights. Reference herein to any specific commercial product, process, or service by trade name, trademark, manufacturer, or otherwise does not necessarily constitute or imply its endorsement, recommendation, or favoring by the U.S. Government or any agency thereof. The views and opinions of authors expressed herein do not necessarily state or reflect those of the U.S. Government or any agency thereof. 4
5 NuScale Power History 2000 MASLWR NuScale Engineering Offices Corvallis 2003 Test Facility 2011 Fluor 2012 Simulator 2014 DOE Award 2017 > $600M Invested 5
6 6 DCA: Submitted and Accepted by NRC
7 What is a NuScale Power Module? NPM 50 MWe (gross) Top View Cutaway View 7
8 Size Comparison Typical Pressurized-Water Reactor Containment & Reactor System NuScale Power Module Combined Containment Vessel and Integral Reactor System *Source: NRC 8
9 9 Factory Fabrication
10 10 Transportable
11 Coolant Flow Driven By Physics Convection Conduction Gravity 11
12 Triple Crown of Nuclear Safety Reactors cooled for an unlimited time without Computer or Operator Action, AC or DC Power, or additional water WATER COOLING BOILING AIR COOLING 12
13 Smaller Emergency Planning Zone Due to Enhanced Safety Barriers Between Fuel and Environment Current Traditional Large Reactor Passive Safety Reactor core < 1/20 size of large reactors Additional Fission Product Barriers Significant Delay in Release of Radiation Goal 13
14 Small Footprint 34.5 acres within the protected area fence Reactor Building 12-Module 600 MW Plant 14
15 15 Flexible Operation
16 NuScale Adds Good Jobs Manufacturing Construction Operations 16
17 Competitive Economics EIA Methodology 17
18 LCOE (2017 $/MWh) LCOE 2017 $/MWh Summary of Potential Policy Impacts Generic SMR Cases using NEI SMR Financial Model (2017) To Show Relative Benefit of Various Policy Options $120 Investor Owned Utility First Movers $100 Muni First Movers $100 $80 $60 $40 $ $80 $60 $40 $ $0 Base Case LG PTC $18/8 CWIP with LG Capacity Credit $0 Base Case PTC $18/8 LG CWIP with LG Capacity Credit LG = Federal Loan Guarantees Capacity Credit = Payment for security /reliability of $100/kw-yr 18
19 First Deployment: UAMPS CFPP INL SITE 19
20 NuScale Diverse Energy Platform Initiative Mission Critical Facilities Hydrogen Production Desalination Wind Wind Integration Oil Refineries 20
21 Load-Following with Wind 60 Power (MWe) Typical electrical demand Horse Butte Output NuScale Output (target) :00 5:00 6:00 7:00 8:00 9:00 10:00 11:00 12:00 13:00 14:00 15:00 16:00 17:00 18:00 19:00 20:00 21:00 22:00 23:00 21
22 NuScale Reliable Power for Mission Critical Facilities UTILITY MACROGRID NuScale 12-Module Plant 470 MWe (net) > 95% Capacity MISSION CRITICAL FACILITY DEDICATED MICROGRID 100 MWe (net) > 99.99% Availability 22
23 23 Blazing the Trail to Commercialization
24 6650 SW Redwood Lane, Suite 210 Portland, OR NE Circle Blvd., Suite 200 Corvallis, OR Woodglen Ave., Suite 205 Rockville, MD Coliseum Centre Dr Charlotte, NC Jadwin Ave., Suite 130 Richland, WA st Floor Portland House Bressenden Place London SW1E 5BH United Kingdom +44 (0)
25 Electricity Committee Resources & the Electricity and Energy Environment Committees
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