NuScale Power

Small Modular Reactors

The Future of Nuclear Energy

South Australia
Nuclear Fuel Cycle Royal Commission
Mike McGough
Chief Commercial Officer
Adelaide, South Australia
November 5th, 2015

TM

1 NuScale Confidential © 2015 NuScale Power, LLC

NuScale Confidential
© 2015 NuScale Power LLC TM
 What is a NuScale Power Module?
▪A NuScale Power Module (NPM) includes the reactor vessel, steam
generators, pressurizer and containment in an integral package that
eliminates reactor coolant pumps and large bore piping (no LB-LOCA)
▪Each NPM is 50 MWe and factory built for easy transport and
installation
▪Each NPM has its own skid-mounted steam turbine-generator and
condenser

▪ Each NPM is installed

below-grade in a
seismically robust,
steel-lined, concrete
pool
▪ NPMs can be
incrementally added to
match load growth - up
to 12 NPMs for 600
MWe gross (~570 net)
total output

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 Size Comparison

*Source: NRC

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 Coolant Flow Driven By Physics

Convection – energy from the

nuclear reaction heats the primary
reactor coolant causing it to rise by
convection and natural buoyancy
through the riser, much like a
chimney effect

Conduction – heat is transferred

through the walls of the tubes in the
steam generator, heating the water
(secondary coolant) inside them to turn
it to steam. Primary water cools.

Gravity – colder (denser) primary

coolant “falls” to bottom of reactor
pressure vessel, cycle continues

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5
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 NuScale Safety Systems
Systems and Components Needed to Protect the Core:
▪ Reactor Pressure Vessel
▪ Containment Vessel
▪ Reactor Coolant System
▪ Decay Heat Removal System
▪ Emergency Core Cooling System
▪ Control Rod Drive System
▪ Containment Isolation System
▪ Ultimate Heat Sink
▪ Residual Heat Removal System
▪ Safety Injection System
▪ Refueling Water Storage Tank
▪ Condensate Storage Tank
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▪ Auxiliary Feedwater System
▪ Emergency Service Water System
▪ Hydrogen Recombiner or Ignition
System
▪ Containment Spray System
▪ Reactor Coolant Pumps
▪ Safety Related Electrical
Distribution Systems
▪ Alternative Off-site Power
▪ Emergency Diesel Generators
▪ Safety Related 1E Battery System
▪ Anticipated Transient without
Scram (ATWS) System
 NuScale Announces Major Safety Breakthrough
Wall Street Journal April 16, 2013

▪ NuScale design has achieved the “Triple Crown”

for nuclear plant safety. The plant can safely
shut-down and self-cool, indefinitely, with:

▪ No Operator Action
▪ No AC or DC Power
▪ No Additional Water

▪ Safety valves align in their safest configuration

on loss of all plant power.
▪ Details of the Alternate System Fail-safe concept
were presented to the NRC in December 2012.

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 Reduced Core Damage Frequency

10-3

10-4 NRC Goal (new reactors)

10-5

10-6

10-7

10-8

10-9
Operating Operating New LWRs New PWRs NuScale
PWRs BWRs (active) (passive)

Source: NRC White Paper, D. Dube; basis for discussion at 2/18/09 public meeting
on implementation of risk matrices for new nuclear reactors

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 More Barriers Between Fuel & Environment

Conventional Designs
1. Fuel Pellet and Cladding
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2. Reactor Vessel
3. Containment

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NuScale’s Additional Barriers
Ground level
4. Water in Reactor Pool
5. Stainless Steel Lined Concrete Reactor Pool 4
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6. Biological Shield Covers Each Reactor
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7. Reactor Building 2

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 Containment

Reactor Vessel

Fuel Cladding

10 mi EPZ
Traditional PWR
Reactor Building

Reactor Pool

Containment

Reactor Vessel

Fuel Cladding

Site Boundary EPZ

(depending on site characteristics)
• Passive Safety
NuScale Plant • Additional Fission Product Barriers
• Significant Delay in Release of Fission Products
 NuScale Reactor Qualification Test Plan
NuScale Reactor Qualification Test Plan outlines Design Certification and First Of A Kind
Engineering (FOAKE) projects for reactor safety code development, validation, reactor design
and technology maturation to reduce First Of A Kind (FOAK) design risk.

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 NuScale Integrated System Test (NIST) Facility

Full Length DHRS Condenser Test Section

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 Reactor Pressure Vessel

• SS304 pressure
vessel built in 4
sections:
− heater shell
− lower shell
− SG coil
− pressurizer
• Insulated

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 Upper Module Mockup
OIW design figures

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 UMM with ACRS Tour 7/22/15

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Full-length Helical Coil Steam Generator successfully installed in
the SIET facility

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 Full-Scale Main Control Room Simulator
NRC Review of HFE Program and Site Visit 1/13

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 Construction Cost Summary
Overall EPC Overnight Plant Costs
($1,000,000)

$ 5,078 per kWe net

Note: Delivered costs shown are in 2014 $’s.

 NuScale Levelized Cost of Electricity Estimates
(LCOE)
NuScale LCOE results of $98-$108/MWhr (2015 $’s)
Key Assumptions:
– Financing is 55% debt (@5.5%) and 45%
equity (@10.0%).
– Modeled as a 40 year project life, but the
plant is designed for 60 years
– Excludes owner’s costs such as:
– HR and management infrastructure, central office
– COLA, permits, NRC and ITAAC inspections, and
legal fees
– Switchyard
– Owner's project development costs
– Owner's engineering services (post-COLA)
– Owner contingency
– Including an estimate of owners costs would add ~ $6/MWhr
 LCOE Breakdown
Levelized Cost in 2015 US Dollars
Other
$100.00 $14 $100.00

Decommissioning De
$80.00 $24 $80.00
Fuel and Fuel Waste Fu
Costs $16 Co
$60.00 $18 $60.00
Outage Costs Ou
$26
$40.00 O&M $40.00 O&

$52
$20.00 Taxes (Incl. Property $20.00 Ca
Taxes) $31
Capital
$- $-
LCOE (USD) LCOE (USD)

FOAK with Regulated Utility Financing (IOU) FOAK with Municipal Financing
• 55% debt at 5.5%, 45% equity at 10% • 100% debt at 3.5%, no equity
$ 108 USD $ 74 USD
Note: Capital costs reflect the Fluor SE estimate completed in 2014.
 Program WIN (Western Initiative for Nuclear)

• Western Initiative for

Nuclear (WIN) is a
multi-western state
collaboration to
deploy a series of
NuScale Power
Projects

• Involved Program
WIN participants:
NuScale, UAMPS,
Energy Northwest, ID,
UT, OR, WA, WY, AZ,
NM, MT?
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 Overall UAMPS CFPP Project Schedule
2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025
Define Team Members
and structure Develop Business Model Onboard Partners
Project
Development Site Use Agreements
(see detail)
Site Selection

Reference Start Finalized Complete Final

Plant Design Plant Design Plant Design
Design &
Engineering

Draft DSRS Submit DCA NRC Issue DC

Final DSRS
Licensing Start COLA Submit COLA NRC Issue COL

Site Characterization
Site Prep & 1st Safety 1st Fuel
Mobilization Concrete Pour load
Construction
and Order Start Module Deliver Deliver
Modules Fabrication Module 1 Module 12
Fabrication
Start Operational Operator Training Complete Operational
Readiness Program Program Accreditation Readiness Program
Operations
Module 1 Module 12
COD COD

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 Disclaimer
• “This material is based upon work supported by the Department of Energy
under Award Number DE-NE0000633.”
• “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.”

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Mike McGough
Chief Commercial Officer
MMcGough@nuscalepower.com

www.nuscalepower.com

The Element of Nu