atw - International Journal for Nuclear Power | 10.2020

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atw Vol. 65 (2020) | Issue 10 ı October 528 NEWS existing nuclear reactors as well as the construction of new ones. Furthermore, around bn 90 € could also be saved in relation to the additional Transmission and Distribution grid costs needed to accommodate the new solar and wind capacity, if ever built, which would replace the lost nuclear capacity. “It should be noted that the transition is not just about saving costs, it’s also about ensuring economic growth and jobs” adds Mr Desbazeille. “Here nuclear plays an important role as it currently sustains more than 1 million jobs in the EU-27. By 2050, this figure could rise to 1.2 million”. The European nuclear industry stands ready to play its part in helping the EU to decarbonise. To do this, EU policy must treat all technologies in the same way. As highlighted by several Member States at the end of 2019, if they are to progress towards such ambitious targets then they must have the freedom to include low- carbon nuclear within their energy mix. The European Atomic Forum ( FORATOM) is the Brussels-based trade association for the nuclear energy industry in Europe. The membership of FORATOM is made up of 15 national nuclear associations and through these associations, FORATOM represents nearly 3,000 European companies working in the industry and supporting around 1,100,000 jobs. | www.foratom.org (202621426) NEI: Small reactor design approval is a big deal for carbon-free energy (nei) In a step forward for carbon-free energy innovation, the U.S. Nuclear Regulatory Commission moved closer to licensing a small modular reactor (SMR) by issuing a final safety evaluation report (FSER). New nuclear technology moves closer to becoming a reality With this announcement, NuScale Power LLC – which submitted its SMR design for approval in 2017 – is on the verge of getting NRC endorsement for a fundamentally new concept in reactor design and a plant that is radically simpler. At a time when reducing carbon emissions has never been more urgent, the announcement moves an important new carbon-free technology towards commercialization, so it can provide electricity around the world. In practical terms, the FSER makes it easier for a U.S. utility to develop the NuScale power plant. It also functions as an American seal of approval for countries around the world that are looking for a flexible, appropriately sized carbon-free power producer that can be installed with relatively little on-site construction and little local regulatory experience. NuScale is planning to supply its first SMR plant in eastern Idaho, for Utah Associated Municipal Power Systems (UAMPS) and has exploratory agreements with companies in Canada, Romania, the Czech Republic and Jordan. “This is a significant milestone not only for NuScale, but also for the entire U.S. nuclear sector and the other advanced nuclear technologies that will follow,” said NuScale Chairman and Chief Executive Officer John Hopkins. NRC meets innovation in design with innovation in regulation With this announcement, NRC staff is independently verifying the com pany’s own safety analysis, which says that the design meets all applicable standards. “Applicable” is an important detail here, because the staff is agreeing that some of the requirements that the agency imposes on existing reactors simply don’t apply here. For example, the SMR design doesn’t need any emergency water supplies for safety – instead relying on natural forces for cooling – so there is a whole complex of tanks, pumps, valves and piping that don’t need to be built, inspected, tested and evaluated. Furthermore, there is no need for an extensive system of emergency diesel generators that are carefully maintained at current plants in order to operate those pumps and valves; and finally, the inherent safety features of the design will keep the reactor safe in case of mechanical malfunction, without action by control room operators. Operators will be trained and available, as at all reactors, but the system is passively safe. There are several steps remaining in the regulatory process, including public comment; however, the FSER demonstrates that the NRC can success fully evaluate an innovative design that breaks with many of the old assumptions about nuclear energy. A regulator that can facilitate innovation is essential to the future of nuclear technology. NuScale’s progress is a major win for advanced nuclear and the climate There are a lot of good ideas emerging from new reactor developers, and NuScale’s SMR is poised to be the first radical rethinking of reactor design approved by the Commission in many years. It is a positive sign for NuScale, for UAMPS and the advanced reactor industry as a whole. As this innovative design moves from concept to reality, it signals a new era of advanced nuclear technology that will be essential in meeting carbonfree energy goals across the country and making electricity more accessible for all. | www.nei.org (202621431) Company News Framatome partners with ADAGOS to bring artificial intelligence to the nuclear energy industry (fraatome) Framatome signed an exclusive partnership agreement with Adagos to bring advanced, parsimonious artificial intelligence technology to the nuclear energy industry. Adagos’ NeurEco architecture introduces a third-generation neural network to solve large and complex problems using fewer computational and data resources compared to pre vious generations. “Artificial intelligence is a game changer for advancing technologies and increasing the competitiveness and efficiency of the nuclear energy industry now and in the decades to come,” said Catherine Cornand, senior executive vice president of the Installed Base Business Unit at Framatome. “This partnership will allow us to provide new digital solutions for our customers worldwide, contributing to reliable, economical, low-carbon electricity.”. Neural networks analyze data and information in a way that mimics the human brain. NeurEco addresses common challenges to artificial intelligence and deep-learning technology. Its new neural network approach based on parsimony reduces resources such as the amount of learning data, energy consumption, size of neural network, requested memory and computing time required to implement deep-learning methods. It generates new types of parsimonious neural networks that provide answers to non- linear questions while minimizing resource size and complexity. The NeurEco technology provides robust solutions to historical challenges to applying artificial intelligence in the nuclear energy industry. News
atw Vol. 65 (2020) | Issue 10 ı October Uranium Prize range: Spot market [USD*/lb(US) U 3O 8] 140.00 ) 1 Uranium prize range: Spot market [USD*/lb(US) U 3O 8] 140.00 ) 1 120.00 120.00 529 100.00 100.00 80.00 80.00 60.00 40.00 20.00 Yearly average prices in real USD, base: US prices (1982 to1984) * 60.00 40.00 20.00 NEWS 0.00 1980 1985 1990 1995 2000 2005 2010 2015 2020 Year * Actual nominal USD prices, not real prices referring to a base year. Year Sources: Energy Intelligence, Nukem; Bild/Figure: atw 2020 * Actual nominal USD prices, not real prices referring to a base year. Sources: Energy Intelligence, Nukem; Bild/Figure: atw 2020 | Uranium spot market prices from 1980 to 2020 and from 2009 to 2020. The price range is shown. In years with U.S. trade restrictions the unrestricted uranium spot market price is shown. Separative work: Spot market price range [USD*/kg UTA] Conversion: Spot conversion price range [USD*/kgU] 180.00 26.00 ) 1 ) 1 160.00 140.00 0.00 24.00 22.00 20.00 Jan. 2009 Jan. 2010 Jan. 2011 Jan. 2012 Jan. 2013 Jan. 2014 Jan. 2015 Jan. 2016 Jan. 2017 Jan. 2018 Jan. 2019 Jan. 2020 Jan. 2021 120.00 18.00 16.00 100.00 14.00 80.00 12.00 10.00 60.00 8.00 40.00 6.00 20.00 4.00 2.00 0.00 0.00 Jan. 2009 Jan. 2010 Jan. 2011 Jan. 2012 Jan. 2013 Jan. 2014 * Actual nominal USD prices, not real prices referring to a base year. Year Jan. 2015 Jan. 2016 Jan. 2017 Jan. 2018 Jan. 2019 Jan. 2020 Jan. 2021 Sources: Energy Intelligence, Nukem; Bild/Figure: atw 2020 Jan. 2009 Jan. 2010 Jan. 2011 Jan. 2012 Jan. 2013 Jan. 2014 * Actual nominal USD prices, not real prices referring to a base year. Year Jan. 2015 Jan. 2016 Jan. 2017 Jan. 2018 Jan. 2019 Jan. 2020 Jan. 2021 Sources: Energy Intelligence, Nukem; Bild/Figure: atw 2020 | Separative work and conversion market price ranges from 2009 to 2020. The price range is shown. )1 In December 2009 Energy Intelligence changed the method of calculation for spot market prices. The change results in virtual price leaps. * Actual nominal USD prices, not real prices referring to a base year Sources: Energy Intelligence, Nukem; Bilder/Figures: atw 2020 Calculation times for non-linear fields such as neutronics and computational fluid designs can be reduced from days to a few minutes, and the generated metamodel provides more information on the output. Sensitivity studies are raised to the next level with extensive results verses one for consideration. Calculation files are several hundred times smaller and can be compressed and decompressed infinitely, saving time and money for operators. “This partnership combines Framatome’s engineering expertise and Adagos’ cutting-edge technology to automate and resolve complex issues,” said Alexis Marincic, senior executive vice president of the Engineering and Design Authority at Framatome. “Together, we share a commitment to provide the nuclear industry with an unprecedented, high-quality, innovative solution that transforms data and drives performance for our customers’ daily operations.” Located in Toulouse, France, Adagos is a computer software provider that specializes in neural network advancements for the health, automotive and energy industries. The Silicon Review recognized Adagos as one of the 50 best companies to watch in 2020. | www.framatome.com (202621437) Market data (All information is supplied without guarantee.) Nuclear Fuel Supply Market Data Information in current (nominal) U.S.-$. No inflation adjustment of prices on a base year. Separative work data for the formerly “secondary market”. Uranium prices [US-$/lb U 3 O 8 ; 1 lb = 453.53 g; 1 lb U 3 O 8 = 0.385 kg U]. Conversion prices [US-$/ kg U], Separative work [US-$/SWU (Separative work unit)]. 2017 p Uranium: 19.25–26.50 p Conversion: 4.50–6.75 p Separative work: 39.00–50.00 2018 p Uranium: 21.75–29.20 p Conversion: 6.00–14.50 p Separative work: 34.00–42.00 2019 January to June 2019 p Uranium: 23.90–29.10 p Conversion: 13.50–18.00 p Separative work: 41.00–49.00 July to December 2019 p Uranium: 24.50–26.25 p Conversion: 18.00–23.00 p Separative work: 47.00–52.00 2020 January 2020 p Uranium: 24.10–24.90 p Conversion: 22.00–23.00 p Separative work: 48.00–51.00 February 2020 p Uranium: 24.25–25.00 p Conversion: 22.00–23.00 p Separative work: 45.00–53.00 March 2020 p Uranium: 23.05–27.40 p Conversion: 21.50–23.50 p Separative work: 45.00–52.00 April 2020 p Uranium: 27.50–34.00 p Conversion: 21.50–23.50 p Separative work: 45.00–52.00 May 2020 p Uranium: 33.50–34.50 p Conversion: 21.50–23.50 p Separative work: 48.00–52.00 June 2020 p Uranium: 33.00–33.50 p Conversion: 21.50–23.50 p Separative work: 49.00–52.00 July 2020 p Uranium: 32.50–33.20 p Conversion: 21.50–23.50 p Separative work: 50.50–53.50 | Source: Energy Intelligence www.energyintel.com News
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