Post on 06-Apr-2018
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GE Hitachi Nuclear Energy
Craig IhrkeVice President, Commercial Operations
March 3, 2011
The Nuclear
Energy Option
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Why nuclear?
… consider the energy
demand landscape
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Demand – 2007
2007
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2030
Demand – 2030
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Global trends …
Population Energy Security EnvironmentLifestyle
… create big challenges
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Energy demand and resultingemissions
Global energy demand CO2 emissions
Source: International Energy Agency, World Energy Outlook 2008
Current energy mix is not environmentallysustainable
2008 actual= 29.4 Gt
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Nuclear – a necessary energy source
• ~14% of the world’s electricity is generated by nuclear
• One nuclear plant is capable of generating about as muchelectricity as is consumed by one million U.S. households eachyear
• Provides stable-cost, base load power
Today
• 441 reactors in 29 countries• 375 GW of nuclear
generation worldwide
• 104 reactors in U.S.
U.S.
France
Japan
RestofWorld12%
13%
24%
51%
Nuclear PlantsWorldwide
Source: International Atomic Energy Agency, International Status and Prospects ofNuclear Power, 2 September 2010; WNA Optimized Capacity: Global Trends andIssues
Nuclear energy generation has no CO2 emissions!
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Nuclear worldwide – trends 2008-2020
PWRBWR
PHWR
Other
BWR PWR
PHWR
Other
-2
18
38
58
78
98
118
U S A
F r a n c e
J a p a n
R u s s i a
S K o r e a
U K
C a n a d a
G e r m a n y
I n d i a
U k r a i n e
C h i n a
S w e d e n
S p a i n
B e l g i u m
C z e c h
T a i w a n
S l o v a k i a
S w i t z
F i n l a n d
H u n g a r y
A r g e n t i n a
B r a z i l
B u l g a r i a
M e x i c o
P a k i s t a n
R o m a n i a
S A f r i c a
O t h e r s
439 units (372 GWe) – 2008 576 units (526 GWe) - 2020
emerging countries 60 nuclear units = 58 GWe under construction today
Sources: UxC “Nuclear Power Outlook, Q3 2009”;International Atomic Energy Agency, “International Status and
Prospects of Nuclear Power, 2 September 2010”
(# units)
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Nuclear “barriers”
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“Barriers” to nuclear energy
• Lack of supportive national policies
• Higher upfront capital costs
•Used nuclear fuel
•Public concerns about nuclear safety
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Overcoming the “barriers”
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National policyTop Ten Nuclear Countries2008
Top Ten Nuclear Countries2020
Top Ten Nuclear Countries2030
National sponsorship+ favorable legislation =
nuclear growth and success!
Source: UxC Nuclear Power Outlook Q2-2010*includes recent Japan gov’t announcement of 14 additional NPP by 2030
Rank Country # of Units MWe net
1 United States 104 100,367
2 France 59 63,363
3 Japan 55 47,587
4 Russia 31 21,743
5 Germany 17 20,379
6 South Korea 20 17,500
7 Ukraine 15 13,195
8 Canada 18 12,652
9 United Kingdom 19 10,230
10 Sweden 10 9,037
Rank Country # of Units MWe net
1 United States 110 111,425
2 China 69 70,216
3 France 60 68,140
4 Japan 58 53,827
5 Russia 43 32,854
6 South Korea 30 29,380
7 Germany 17 20,379
8 India 37 18,362
9 Canada 21 15,237
10 Ukraine 17 15,095
Rank Country # of Units MWe net
1 China 129 133,216
2 United States 120 126,567
3 France 63 76,480
4 Japan 69* 56,945
5 Russia 49 40,9336 South Korea 36 38,187
7 India 50 35,786
8 Canada 20 17,860
9 Ukraine 19 17,535
10 United Kingdom 13 14,656
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Costs
Source: International Energy Agency / Nuclear Energy Agency “Projected
Costs of Generating Electricity: 2010 Edition”
0 0
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• A new nuclear reactor fuel bundle produces electricity for 4-6 years
• At the end of this period, only ~5% of the potential energy in nuclearfuel has been harnessed
Used nuclear fuel (UNF)
management
6 years
95% uraniumremaining
4% short-lived isotopes1% long-lived isotopes
Freshfuel
UNF
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What to do about used nuclear fuel …
“the 3 R’s”Repository-- Reclaims none of the remainingenergy-- Politically difficult siting decisions-- Wasted uranium resource
Reprocessing-- Only reclaims <10% of total energy-- Separates plutonium (proliferationconcern)-- High level waste remains
Recycling-- Reclaims >90% of total energy-- No proliferation issues-- Dramatically shortens end repositorylifetime
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Public concerns about nuclear safety
Summary of severe accidents by energy industry(1969-2000)
Sources: Nuclear Energy Agency, Organization for Economic Cooperation and Development,2010; Nuclear Energy Institute
Non-OECD countriesOECD countries
Nuclear energy is safe energy!
1, 14 0, 0 1, 31
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GE Hitachi Nuclear
Energy Portfolio
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First test reactor:
Vallecitos, CA
First Test Reactor:JPDR
First CommercialPlants: Dresden 1,
KRB, Tsuruga
GE
Hitachi
Higher PowerLevels: Peach
Bottom 2, Tokai 2
Standard Designs:Grand Gulf,
Fukushima Daiichi 6
Hitachi completes firstJapanese CommercialReactor: Shimane 1
1 9 5 0 s 1 9 6 0 s 1 9 7 0 s 1 9 8 0 s
Making history together
First ExperimentalReactor: JRR-3
Two BWR5s begin
operation:Fukushima Daini
units 2 & 4
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Copyright 2011 GE Hitachi Nuclear Energy International - All rights reservedCopyright 2011 GE Hitachi Nuclear Energy International - All rights reserved
2007GE & Hitachi
formglobal nuclearalliance
Global Nuclear
Fuel *
Advanced
Designs: ABWR,SBWR, Prism
First ABWRsconstructed:Kashiwazaki-
Kariwa units 6 & 7
Laser
Enrichment
Multiple ABWRs inparallel construction
1 9 9 0 s 2000s
GE
Hitachi
Making history together
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• Boiling water reactor & mixedoxide fuels
• Candu reactor fuel & handlingequipment
• Fuel engineering services• Nuclear isotopes• Used nuclear fuel recycling• Enrichment of natural uranium
• Generation III AdvancedBoiling Water Reactor(ABWR)
• Generation III+
Economically SimplifiedBoiling Water Reactor(ESBWR)
• Power Reactor InnovativeSmall Modular (PRISM)
• Reactors & balance of plant• Life extension• Power uprates• Performance services
• Outages and inspections
The GE Hitachi businessNuclear Power
PlantsNuclearServices Fuel Cycle
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New units product line
• Original design cert valid to 6/2012
• Renewal application by 11/2010
• 4 in operation with 4 under construction
• NRC design cert expected Sept 2011
• U.S. and Europe applications pending
GE ecomagination products to meet customerneeds
Licensing status …
ABWR ESBWR
• Experience … cost & schedule confidence
• Safety … active system is desired
• Design … latest Gen III+
• Value … passive safety & lowercosts
A global presence …
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Tokyo Electric Power Co.Kashiwazaki-Kariwa NPS
Hokuriku Electric Power Co.Shika NPS
The Japan Atomic Power Co.Tokai Daini PS
Tokyo Electric Power Co.Fukushima Daini NPS
Tokyo Electric Power Co.Fukushima Daiichi NPS
Tohoku Electric Power Co.Onagawa NPS
The Chugoku Electric Power Co.Shimane NPS
Chubu Electric Power Co.Hamaoka NPS
The Japan Atomic Power CO.Tsuruga PS
Uninterrupted construction
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Advanced Recycling Center Alternatives
Recycling Reprocessing
Uses up spent fuel
Non-proliferation
Storage req’s 500 yrs 10,000+ yrs
Generates electricity
What it is …• Electrometallurgical separations … small
electric current in a salt bath
• 3 streams: ~4% fission … ~1% actinides …~95% uranium
• Liquid sodium cooled reactor (PRISM) …scalable modular 311 MWe blocks
What is delivered …• Non-proliferation … no plutonium separation
• Environmentally responsible … dry process
• Clean energy … 400MM tons of carbonemissions avoided per year (per ARC)
• Spent fuel … recycles 90%+ of nuclearmaterials … reduces storage needs
Used nuclear fuel solution
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Questions?