ut noted that these “had varying levels of readiness and proveness”. 194 As of 1987, 19 of these 23were reported as have documented “readiness and proveness” and the IAEA concluded that SMRs“could play an important role in the 90ies and beyond” and reported that several countries had“expressed their particular interest in these reactors”. 195 In 1991, the Nuclear DevelopmentCommittee of the Nuclear Energy Agency (NEA) claimed that “there is now considerable interestarising in small reactor types”. 196 The 1990s came, but the SMRs did not play the important rolethat was envisioned for them; with the exception of the VVER‐440, no reactor that was includedin the IAEA’s list of 23 was ever constructed.The most recent, and current, wave of interest in SMRs dates back to the early 2000s. Theproblem, as laid out in 2002 by three analysts from the IAEA’s Department of Nuclear Energy, wasthat “quite simply, over the last 15 years, nuclear power has been losing market share badly in agrowing world electricity capacity market”. 197 Their diagnosis: “The main reason for thisstalemate is that we, in all our doings, continue to rely on nuclear technology developed in the1950s, which had its roots in military applications which cannot exclude absolutely the possibilityof a severe accident and which has reached its limits from an economic point of view.” 198 As theway forward, these analysts suggested developing innovative new reactor designs, chiefly of theSMR variety.“The problem I have with SMRs is not the technology, it’s not thedeployment—it’s that there’s no customers.”Danny Roderick, President and CEO of WestinghouseFebruary 2014 199Thanks to its strong belief in SMRs, the DOE (U.S. Department of Energy) has been fundingresearch and development of such reactors since the 1990s. In 2000, the United States Congressprovided one million dollars to the DOE “to undertake a study to determine the feasibility of andissues associated with the deployment of… small reactors”. 200 The DOE’s Office of Nuclear Energypublished such a report in May 2001, which conducted an overview of nearly ten SMR designsand concluded:194 L.V. Konstantinov and J. Kupitz, “The Status of Development of Small and Medium Sized Reactors”, NuclearEngineering and Design, 1988.195 Ibidem, 9.196 NEA, “Small and Medium Reactors: Status and Prospects”, OECD, Paris, 1991.197 V. Mourogov, K. Fukuda, and V. Kagramanian, “The Need for Innovative Nuclear Reactor and Fuel CycleSystems: Strategy for Development and Future Prospects”, Progress in Nuclear Energy, 2002.198 Ibidem.199 Anya Litvak, “Westinghouse Backs off Small Nuclear Plants”, Pittsburgh Post‐Gazette, 1 February 2014, seehttp://www.post‐gazette.com/business/2014/02/02/Westinghouse‐backs‐off‐small‐nuclearplants/stories/201402020074,accessed 3 February 2014.200 DOE, “Report to Congress on Small Modular Nuclear Reactors”, Office of Nuclear Energy, May 2001; andSenate, “Congressional Record”, S7900, 19 July 2001.Mycle Schneider, Antony Froggatt et al. World Nuclear Industry Status Report 2015 69
The most technically mature small modular reactor (SMR) designs and concepts have the potential to beeconomical and could be made available for deployment before the end of the decade, provided that certaintechnical and licensing issues are addressed. 201None of the SMR designs were available for deployment by the end of that decade. In 2012, theDOE established a cost‐share funding opportunity aimed at commercializing SMR technology,with an initial funding level of $452 million over five years to cover costs associated with researchand development, design certification, and licensing. Separately, DOE also funded research anddevelopment under an “Advanced” SMR program.The two SMR designs that were selected by the DOE for funding were mPower and NuScale. Bothare light water reactors, but with an integral design, in which the steam generators are located inthe same pressurized vessel as the reactor core. The former is being developed by Babcock &Wilcox, while the latter is being developed by NuScale Power and has received investment fromFluor Corporation. After the DOE had provided it $111 million in funding, 202 Babcock & Wilcox(B&W) decided to slash its spending on SMRs in April 2014, from about $80 million/year to lessthan $15 million/year. 203 For at least the prior year B&W had been trying to find other companieswilling to invest in mPower or customers willing to enter into a contract for an mPower reactor,but in April 2014 a B&W spokesperson admitted that “neither of those things have happened”. 204NuScale, for its part, has continued with the development of its reactor design. In its annual reportsubmitted to the U.S. Securities and Exchange Commission for the fiscal year that ended on31 December 2014, Fluor Corporation offered some details about funding under the DOE’s SmallModular Reactor Licensing Technical Support Program:This cost-sharing award requires NuScale to use the DOE funds to cover first-of-a-kind engineering costsassociated with small modular reactor design development and certification. The DOE is to provide costreimbursement for up to 43 percent of qualified expenditures incurred during the period from June 1, 2014to May 31, 2019. The Cooperative Agreement also provided for reimbursement of pre-award costs incurredfrom September 18, 2013 to May 31, 2014, which were recognized in the second quarter of 2014…NuScale expenses included in the determination of segment profit were $46 million, $53 million, and $63million for 2014, 2013 and 2012, respectively. NuScale expenses for 2014 are reported net of qualifiedreimbursable expenses of $38 million. 205Another vendor that had applied for DOE funding was Westinghouse, which had long pushed theconcept of SMRs. In parallel with developing the AP600 and AP1000 designs, Westinghouse led alarge international team in the development of the International Reactor Innovative and Secure201 Ibidem.202 John Downey, “Three Takeaways from Babcock & Wilcox’s Latest Earnings”, Charlotte Business Journal,26 February 2015, see http://www.bizjournals.com/charlotte/blog/energy/2015/02/three‐takeaways‐frombabcock‐wilcox‐s‐latest.html?page=all,accessed 8 May 2015. In its March 2015 filing with the U.S. Securitiesand Exchange Commission, B&W stated “At this time, the latest extension to the Cooperative Agreement [SmallModular Reactor Licensing Technical Support Program] has expired and the DOE funding has been suspended.”;see http://services.corporate‐ir.net/SEC.Enhanced/SecCapsule.aspx?c=236851&fid=10100075, accessed24 May 2015.203 WNN, “Funding for mPower Reduced”, 14 April 2014, see http://www.world‐nuclear‐news.org/C‐Funding‐for‐mPower‐reduced‐1404141.html, accessed 24 May 2015.204 Jason Ruiter, “Babcock & Wilcox Cuts Investment in mPower”, NewsAdvance.com, 14 April 2014, seehttp://www.newsadvance.com/news/local/babcock‐wilcox‐cuts‐investment‐in‐mpower/article_d7998d52‐c3d3‐11e3‐8fbb‐0017a43b2370.html, accessed 25 May 2015.205 Fluor Corporation, “Form 10‐K—Annual Report pursuant to section 13 or 15 (d) of the securities exchangeAct of 1934—For the Fiscal Year ended December 31, 2014”, 11 February 2015, see http://phx.corporateir.net/External.File?item=UGFyZW50SUQ9MjcxMTY3fENoaWxkSUQ9LTF8VHlwZT0z&t=1,accessed 25 May 2015.Mycle Schneider, Antony Froggatt et al. World Nuclear Industry Status Report 2015 70
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Figure 32: Age Pyramid of the 131 N
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Reactor Status and Nuclear Programs
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commercial operation only on 31 Dec
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TEPCO that its staff had deliberate
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permanent closure of five reactors
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contractor and China Nuclear Indust
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opinion at any of the sites propose
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criteria defined in the tender”.
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IAEA have chosen to limit the LTS c
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2006-08, he carried out research at
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CGN or CGNPC - Chinese General Nucl
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INS - Indian Nuclear SocietyINSAC -
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NSSC - Nuclear Safety and Security
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