“Our target is — can we really move the process forward and have a commercial option by 2030?” Mr. Kuczynski said. To do that, he and others say, the pace of the design process, and of the Nuclear Regulatory Commission’s review process, needs to be sped up.
“It’s a 25-year process, no matter what,” said Michael McGough, the chief commercial officer of NuScale Power, which is the furthest along among companies working on less conventional reactors. NuScale’s design, called asmall modular reactor, uses water as a coolant, but the units are far smaller than current reactors and have advanced safety features. They could be built largely in a factory, saving money, and up to 12 of them could be installed at one site.
Mr. McGough knows all about long timetables; NuScale’s design has been under development since 2000……
Many in the industry hope that extending the licenses of existing reactors will forestall at least some closings. Nuclear plants were originally licensed for 40 years, but almost all have sought and received 20-year extensions.
The regulatory commission has begun researching what would be required to extend a plant’s life to 80 years. “We’re asking very basic questions, like how long can a reactor vessel remain acceptable since it’s being bombarded by neutrons,” said Scott Burnell, a spokesman………
Given the relatively poor economics of nuclear power, however, even if a plant could be licensed to operate up to 80 years, the question remains whether it would be financially worthwhile for it to do so, especially if expensive work is required. Skeptics cite two American plants that have been closed for economic reasons since 2012, after their licenses were extended to 60 years.
Similar economic uncertainties surround the latest generation of reactors, the Westinghouse AP1000……..
“What eventually happens with the four AP1000s will be very important,” said Matthew McKinzie, a senior scientist with the Natural Resources Defense Council. “If the economics of extending the lifetime of a plant to 80 years are poor, then what does that say about the economics of a new plant?”
Critics of nuclear power say that novel designs like molten salt reactors raise new issues, especially regarding safety, that will require much time to evaluate.
“A regulator can’t accept paper studies saying that a reactor is supersafe,” said Edwin Lyman of the Union of Concerned Scientists. “They need documentation, experimental data.”
“The industry and Department of Energy have this fantasy that you can have some general design-neutral licensing process,” he added………..http://www.nytimes.com/2016/03/22/science/nuclear-energy-power-plants-advanced-reactors.html?_r=0