https://mailchi.mp/thundersaidenergy/subject-13393573?e=5a720ac5c4
NuScale has developed a small modular nuclear reactor, the first ever approved by the US NRC, and due to construct its first plant in Romania by 2028 (displacing CO2-intensive coal). Its technology scored well on our patent framework (charts below).
The first focus is safety. Each reactor is 77MWe and contains just 5% of the fuel of a conventional 1GW reactor. This permits passive emergency shut-downs, simply by flooding the reactor from an overlying reservoir of coolant, using a patented configuration of valves.
The second focus is simplification. Across numerous patents, the reactor design avoids costly and bespoke components. Hence ultimate costs could be below $3,000/kW. In our prior screen of SMR concepts, we noted this threshold would make SMR economics very exciting.
Nuclear continues getting more exciting among different technologies on our radar in the energy transition, and NuScale's technology could also help backstop renewables (note here). The full findings from our patent review are outlined in the data-file...
Rob West, CFA
Analyst & CEO, Thunder Said Energy
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