Washington (Platts)--10Sep2010/546 am EDT/946 GMT
Hyperion Power Generation has agreed to build a prototype mini-nuclear
reactor at a US Department of Energy small modular reactor demonstration
complex, officials said Thursday.
The company signed a memorandum of understanding with the Savannah River
National Laboratory Thursday to build the first demonstration reactor at the
Savannah River Site in South Carolina.
Hyperion is developing a 25-MW fast reactor that uses uranium nitride
fuel and lead bismuth eutectic coolant.
The parties aim to build an operational prototype by 2017 or 2018, said
Mike Nevetta of Savannah River Nuclear Solutions, which operates the Savannah
River Site. He also said Thursday that the demo reactor will not connect to
the grid but will produce electricity for internal use on site.
Constructing the Hyperion prototype will cost $50 million, which will
largely come from private sources, said Deborah Blackwell, Hyperion vice
president of licensing and public affairs.
She said Thursday that she is "confident" the company will secure the
funding but declined to give more details.
Savannah River Nuclear Solutions is talking with five or six other
companies about building prototypes at the complex "in which manufacturers of
small reactors can come and prove their technologies," said Nevetta.
He added that all the demo designs will use "plutonium, high-enriched
uranium and spent fuel," which means light water models will be excluded.
--Yanmei Xie, email@example.com
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