X-energy

Last updated

X Energy, LLC
Company type Private
Industry Nuclear power
Founded2009
Founder Kam Ghaffarian
(Chairman)
Headquarters
Key people
Clay Sell
(CEO)
Website www.x-energy.com

X-energy is a private American nuclear reactor and fuel design engineering company. It is developing a Generation IV high-temperature gas-cooled pebble-bed nuclear reactor design. It has received funding from private sources and various government grants and contracts, notably through the Department of Energy's (DOE) Advanced Reactor Concept Cooperative Agreement in 2016 and its Advanced Reactor Demonstration Program (ARDP) in 2020.

Contents

History

The company was founded in 2009 by Kam Ghaffarian. [1] In January 2016, X-energy was provided a five-year grant of up to $40 million, as part of the DOE's Advanced Reactor Concept Cooperative Agreement to advance elements of their reactor development. [2] [3] [4] In 2019, X-energy received funding from the United States Department of Defense to develop small military reactors for use at forward bases. [5] Former Deputy Secretary of Energy of the DOE, Clay Sell, was appointed CEO of X-energy in 2019. [6]

In October 2020, the company was chosen by the DOE as a recipient of a matching grant totaling between $400 million and $4 billion over the next 5 to 7 years for the cost of building a demonstration reactor of their Xe-100, helium-cooled pebble-bed reactor design. This is part of the DOE's Advanced Reactor Demonstration Program, which also awarded the same grant to TerraPower. [7]

In 2022 Curtiss-Wright agreed to act as the preferred supplier of 3 critical components of the Xe-100 reactor. The initial installation of the reactor is projected to be for Energy Northwest in Washington State. [8]

In March 2023, X-energy and Dow Inc agreed to develop a grid-scale next-generation Xe-100 nuclear reactor at one of Dow's sites on the U.S. Gulf Coast. [9]

In December 2022, X-energy planned to go public in a $2 billion deal using the special-purpose acquisition company Ares Acquisition, but this was called off in October 2023 due to the then macroeconomic situation and the effect on the market of the cancellation of the first U.S. SMR deployment project, the Carbon Free Power Project, because of cost increases. The company laid off some staff in November 2023. [10] [11] In December 2023, the company raised $235 million of investment in a new funding round from existing investors. [12]

Reactor design

The Xe-100 is a proposed pebble bed high-temperature gas-cooled nuclear reactor design that is planned to be smaller, simpler and safer when compared to conventional nuclear designs. Pebble bed high temperature gas-cooled reactors were first proposed in 1944. Each reactor is planned to generate 200 MWt and approximately 76 MWe. The fuel for the Xe-100 is a spherical fuel element, or pebble, that utilizes the tristructural isotropic (TRISO) particle nuclear fuel design, with high-assay LEU (HALEU) uranium fuel enriched to 20%, to allow for longer periods between refueling. [7] X-energy claims that TRISO fuel will make nuclear meltdowns virtually impossible.[ citation needed ]

See also

Related Research Articles

<span class="mw-page-title-main">Nuclear reactor</span> Device used to initiate and control a nuclear chain reaction

A nuclear reactor is a device used to initiate and control a fission nuclear chain reaction or nuclear fusion reactions. Nuclear reactors are used at nuclear power plants for electricity generation and in nuclear marine propulsion. Heat from nuclear fission is passed to a working fluid, which in turn runs through steam turbines. These either drive a ship's propellers or turn electrical generators' shafts. Nuclear generated steam in principle can be used for industrial process heat or for district heating. Some reactors are used to produce isotopes for medical and industrial use, or for production of weapons-grade plutonium. As of 2022, the International Atomic Energy Agency reports there are 422 nuclear power reactors and 223 nuclear research reactors in operation around the world.

<span class="mw-page-title-main">Pebble-bed reactor</span> Type of very-high-temperature reactor

The pebble-bed reactor (PBR) is a design for a graphite-moderated, gas-cooled nuclear reactor. It is a type of very-high-temperature reactor (VHTR), one of the six classes of nuclear reactors in the Generation IV initiative.

<span class="mw-page-title-main">Pebble bed modular reactor</span> South African nuclear reactor design

The Pebble Bed Modular Reactor (PBMR) is a particular design of pebble bed reactor developed by South African company PBMR (Pty) Ltd from 1994 until 2009. PBMR facilities include gas turbine and heat transfer labs at the Potchefstroom Campus of North-West University, and at Pelindaba, a high pressure and temperature helium test rig, as well as a prototype fuel fabrication plant. A planned test reactor at Koeberg Nuclear Power Station was not built.

<span class="mw-page-title-main">Rudolf Schulten</span> German physicist (1923–1996)

Rudolf Schulten —professor at RWTH Aachen University—was the main developer of the pebble bed reactor design, which was originally invented by Farrington Daniels. Schulten's concept compacts silicon carbide-coated uranium granules into hard, billiard-ball-like graphite spheres to be used as fuel for a new high temperature, helium-cooled type of nuclear reactor.

<span class="mw-page-title-main">Molten-salt reactor</span> Type of nuclear reactor cooled by molten material

A molten-salt reactor (MSR) is a class of nuclear fission reactor in which the primary nuclear reactor coolant and/or the fuel is a mixture of molten salt with a fissionable material.

<span class="mw-page-title-main">Nuclear fuel</span> Material fuelling nuclear reactors

Nuclear fuel is material used in nuclear power stations to produce heat to power turbines. Heat is created when nuclear fuel undergoes nuclear fission.

Generation IVreactors are nuclear reactor design technologies that are envisioned as successors of generation III reactors. The Generation IV International Forum (GIF) – an international organization that coordinates the development of generation IV reactors – specifically selected six reactor technologies as candidates for generation IV reactors. The designs target improved safety, sustainability, efficiency, and cost. The World Nuclear Association in 2015 suggested that some might enter commercial operation before 2030.

<span class="mw-page-title-main">High-temperature gas-cooled reactor</span> Type of nuclear reactor that operates at high temperatures as part of normal operation

A high-temperature gas-cooled reactor (HTGR) is a type of gas-cooled nuclear reactor which use uranium fuel and graphite moderation to produce very high reactor core output temperatures. All existing HTGR reactors use helium coolant. The reactor core can be either a "prismatic block" or a "pebble-bed" core. China Huaneng Group currently operates HTR-PM, a 250 MW HTGR power plant in Shandong province, China.

<span class="mw-page-title-main">Gas-cooled fast reactor</span> Type of nuclear reactor cooled by a gas

The gas-cooled fast reactor (GFR) system is a nuclear reactor design which is currently in development. Classed as a Generation IV reactor, it features a fast-neutron spectrum and closed fuel cycle for efficient conversion of fertile uranium and management of actinides. The reference reactor design is a helium-cooled system operating with an outlet temperature of 850 °C (1,560 °F) using a direct Brayton closed-cycle gas turbine for high thermal efficiency. Several fuel forms are being considered for their potential to operate at very high temperatures and to ensure an excellent retention of fission products: composite ceramic fuel, advanced fuel particles, or ceramic clad elements of actinide compounds. Core configurations are being considered based on pin- or plate-based fuel assemblies or prismatic blocks, which allows for better coolant circulation than traditional fuel assemblies.

<span class="mw-page-title-main">THTR-300</span> Thorium nuclear reactor in Germany

The THTR-300 was a thorium cycle high-temperature nuclear reactor rated at 300 MW electric (THTR-300) in Hamm-Uentrop, Germany. It started operating in 1983, synchronized with the grid in 1985, operated at full power in February 1987 and was shut down September 1, 1989. The THTR-300 served as a prototype high-temperature reactor (HTR) to use the TRISO pebble fuel produced by the AVR, an experimental pebble bed operated by VEW. The THTR-300 cost €2.05 billion and was predicted to cost an additional €425 million through December 2009 in decommissioning and other associated costs. The German state of North Rhine Westphalia, Federal Republic of Germany, and Hochtemperatur-Kernkraftwerk GmbH (HKG) financed the THTR-300’s construction.

The Gas Turbine Modular Helium Reactor (GT-MHR) is a class of nuclear fission power reactor designed that was under development by a group of Russian enterprises, an American group headed by General Atomics, French Framatome and Japanese Fuji Electric. It is a helium cooled, graphite moderated reactor and uses TRISO fuel compacts in a prismatic core design. The power is generated via a gas turbine rather than via the more common steam turbine.

<span class="mw-page-title-main">Dragon reactor</span> UK experimental HTR, operated from 1965 to 1976

Dragon was an experimental high temperature gas-cooled reactor at Winfrith in Dorset, England, operated by the United Kingdom Atomic Energy Authority (UKAEA). Its purpose was to test fuel and materials for the European High Temperature Reactor programme, which was exploring the use of tristructural-isotropic (TRISO) fuel and gas cooling for future high-efficiency reactor designs. The project was built and managed as an Organisation for Economic Co-operation and Development/Nuclear Energy Agency international project. In total, 13 countries were involved in its design and operation during the project lifetime.

The High-Temperature Teaching & Test Reactor (HT3R or HT3R) is a multifaceted energy research facility proposed by the University of Texas of the Permian Basin (UTPB) and the Los Alamos National Laboratory (LANL), to be located in Andrews County, Texas. The proposal envisions a 25MWt (Megawatt thermal) reactor operated by a merchant nuclear power operating company with the education and science at the facility managed through an arrangement between LANL and UTPB/UTS (University of Texas System).

<span class="mw-page-title-main">HTR-10</span> Prototype pebble bed reactor, China

HTR-10 is a 10 MWt prototype high-temperature gas-cooled, pebble-bed reactor at Tsinghua University in China. Construction began in 1995, achieving its first criticality in December 2000, and was operated in full power condition in January 2003.

A gas-cooled reactor (GCR) is a nuclear reactor that uses graphite as a neutron moderator and a gas as coolant. Although there are many other types of reactor cooled by gas, the terms GCR and to a lesser extent gas cooled reactor are particularly used to refer to this type of reactor.

<span class="mw-page-title-main">Next Generation Nuclear Plant</span> Cancelled American reactor project

A Next Generation Nuclear Plant (NGNP) is a specific proposed generation IV very-high-temperature reactor (VHTR) that could be coupled to a neighboring hydrogen production facility. It could also produce electricity and supply process heat. Up to 30% of this heat could be used to produce hydrogen via high-temperature electrolysis significantly reducing the cost of the process. The envisioned reactor design is helium-cooled, using graphite-moderated thermal neutrons, and TRISO fueled.

<span class="mw-page-title-main">TerraPower</span> Nuclear reactor design company

TerraPower is an American nuclear reactor design and development engineering company headquartered in Bellevue, Washington. TerraPower is developing a class of nuclear fast reactors termed traveling wave reactors (TWR).

The HTR-PM is a Chinese small modular nuclear reactor. It is a high-temperature gas-cooled (HTGR) pebble-bed generation IV reactor evolved from the HTR-10 prototype. The technology is intended to replace coal-fired power plants in China's interior, in line with the country's plan to reach carbon neutrality by 2060.

Project Pele is a project of the US Department of Defense to build a deployable nuclear power reactor for use in United States Armed Forces remote operating bases.

References

  1. Fehrenbacher, Katie (February 4, 2016). "Meet a Startup Making a New Kind of Safer, Smaller Nuclear Reactor". Fortune. Retrieved November 21, 2021.
  2. Fountain, Henry (January 19, 2016). "U.S. Acts to Spur Development of High-Tech Reactors". The New York Times. ISSN   0362-4331 . Retrieved April 2, 2017.
  3. Fehrenbacher, Katie (February 16, 2016). "Meet a Startup Making a New Kind of Safer, Smaller Nuclear Reactor". Fortune. Retrieved November 9, 2017.
  4. Conca, James (March 27, 2017). "X-Energy Steps Into The Ring With Its Advanced Pebble Bed Modular Nuclear Reactor". Forbes. Retrieved November 9, 2017.
  5. Harper, John (April 27, 2020). "Safety Concerns Could Stymie Nuclear Reactor Plans". National Defense.
  6. Bernton, Hal (November 8, 2021). "This next-generation nuclear power plant is pitched for Washington state. Can it 'change the world'?". The Seattle Times. Retrieved November 21, 2021.
  7. 1 2 Cho, Adrian (October 16, 2020). "Department of Energy picks two advanced nuclear reactors for demonstration projects". Science . Retrieved October 20, 2020. DOE will split the total cost of building each plant with private industry. Each project receives $80 million this year and could receive a total of between $400 million and $4 billion in funding over the next 5 to 7 years. ... In contrast, the Xe-100 design from X-Energy would use pressurized helium gas to cool its uranium-based fuel. That fuel would be packaged not in the conventional metal-clad rods, but in "pebbles"—spheres of graphite infused with countless ceramic kernels that contain the uranium. Like a giant gumball machine, the reactor would hold 220,000 pebbles, which would slowly descend through the core and, as their fuel was spent, would exit from a port at the bottom. Heated to 750°C, the helium would generate steam in a secondary circuit to produce electricity. In principle, the pebbles can't melt, eliminating the risk of a meltdown. ... The Natrium and Xe-100 reactors would use fuel enriched to 20%, which would enable them to run longer on a batch of fuel and extract more energy from it.
  8. "Curtiss-Wright, X-energy Sign Supplier Plan". Nuclear Street. September 2022. Retrieved September 26, 2022. Under the terms of the agreement, Curtiss-Wright has been selected as a preferred supplier to develop and provide three of the most critical systems for the Nuclear Steam Supply System (NSSS). These include the Helium Circulator System, which transfers heat generated in the reactor core to a steam generator, where steam is produced to generate electricity or provide process heat for industrial applications, as well as the Fuel Handling System, which performs continuous defueling and refueling of the reactor; loading fresh, recirculating used, and discharging spent fuel as required; and the Reactivity Control and Safe Shutdown System, which controls the outlet temperature of the reactor and provides a redundant shut down mechanism when required.
  9. "Dow and X-energy to build U.S. Gulf Coast nuclear demonstration plant". Reuters . Retrieved March 2, 2023.
  10. Jaiveer Singh Shekhawat (October 31, 2023). "X-Energy mutually terminates billion deal to go public with Ares Acquisition" . Reuters. Retrieved December 13, 2023.
  11. Smyth, Jamie (December 12, 2023). "US nuclear start-ups battle funding challenge in race to curb emissions" . Financial Times. Retrieved December 13, 2023.
  12. "X-energy Finalizes $235 Million Series C Financing". Business Wire. December 5, 2023. Retrieved December 13, 2023.