Decarbonizing Canada: Making Off-Grid SMRs a Reality in the 2020s - Alberta Innovates - SMR Series March 2, 2021
←
→
Page content transcription
If your browser does not render page correctly, please read the page content below
Decarbonizing Canada:
Making Off-Grid SMRs a Reality in the 2020s
Alberta Innovates – SMR Series
March 2, 2021
What is a Generation IV Small Modular Reactor (SMR)?
Gen IV: The current advanced design stage of nuclear reactors
contemplated for commercialization, focused on
improved safety, sustainability, efficiency, and cost
SMR: Small Modular Reactors, generally considered less
than 300MW electrical equivalent in size, with
components that can be built off-site
Off-Grid
Ultra Safe Nuclear Corporation
Where we’ve been
• Founded in 2011, privately funded, $50m investment to date
• Formed Canadian subsidiary USNC Power, headquartered in Ottawa
• Developer of the small-scale Gen IV Micro Modular Reactor (MMR™) system
• Multiple patents for ceramic micro-encapsulated nuclear fuel
• Specifically developed the MMR™ for off-grid, northern/remote application
• Designed for safe, clean, cost-effective energy with no refuelling for 20 years
• A leading technology in the Canadian Nuclear Safety Commission licensing
process
3
Ultra Safe Nuclear Corporation
Where we’re going to meet the resource industry’s clean energy needs:
• In 2020, formed Global First Power (GFP) in partnership with
Ontario Power Generation (OPG) after years of
collaboration
• This one-of-a-kind, $150M+ partnership will develop, build
and operate the MMR™ Project at Chalk River
• Serves as a blueprint for future off-grid SMR initiatives
across the country with commercialization in 2026
• Advancing Canada’s SMR Action Plan and decarbonization
goals before 2030
• One 15 MWt (5MWe) MMR™ can replace 220 million of
litres of diesel
4
Mitigation of Carbon Emissions
5
The Ultra Safe Nuclear Solution – The Gas Cooled MMRTM
• Transformative fuel technology using fully ceramic micro-
encapsulated (FCM™) fuel
• Single unit provides 15MW thermal ( 5MW electrical)
• Multiple units can be combined or run at higher output
• Fueled once for 20-year life, mitigating supply risk
• Inherently safe
• Designed for cold/extreme conditions
• Modular design allows for rapid construction and off-site fabrication
• Fraction of the capital cost of traditional nuclear plants
• Flexible design outputs electricity, process heat and can produce
hydrogen
• Waste characteristics aligned with national disposal strategies
• Stable, long-term energy costs competitive with fossil fuels
• Long-term cost predictability
© 2020 ULTRA SAFE NUCLEAR 6
Air Cooled
MMR™ EnergySystem Turbine
Condensers
Layout for RemoteOff-grid
Lifetime
c e nt Plant
Ad ja 20years
ThermalPower
Refueling
30 MWt (15 x2) 20years
ElectricalPower
10 MWe (5 x2)
t
cle a r Plan
Nu
Steam
Learn more about MMR
Generator technology on you iOS or
Android device.
Molten Salt
Nuclear Heat Reservoir
Reactors
Helium Circulator
7
Progress to executing Canada’s First SMR Project
• Vendor design review with the CNSC is
entering Phase 2
• Hosting agreement to site at CNL/AECL
has been signed
• Active application for an Environmental
Assessment and License to Prepare Site
• Partnership established with OPG
through GFP to build, own, and operate
the plant
• Schedule brings Canada’s first SMR into
operation by 2026 or earlier
© 2020 ULTRA SAFE NUCLEAR 8
Project Goals
• Demonstrate the benefit of SMRs
o Solution to help achieve Canada’s climate change goals
• Demonstrate the value of SMRs
o Cost-effective option to help solve energy challenges for heavy industry
• Potential launch pad for Canadian export opportunities
• Ultimately, enable future SMR projects
• GFP’s goals include demonstrating and building confidence in:
o Project business model
o Commercial model for potential market
o Licensing and regulatory precedent
o MMR™ technology
o Project delivery - cost, schedule and operational performance
o Long-term cost of power
© 2020 ULTRA SAFE NUCLEAR 9
Indigenous and Public Engagement
• Early engagement with Indigenous communities began at on-set of licence
application process
o Algonquins of Pikwakanagan First Nation o Algonquins of Ontario
o Algonquin Anishinabeg Nation Tribal o Métis Nation of Ontario
Council o Williams Treaties First Nations
o Algonquin Nation Secretariat
• Committed to ongoing communications and engagement with Indigenous
communities, local community and stakeholders
o Meetings with local elected officials
o Regular public updates
o Ongoing CNSC public input opportunities
o Town Halls
© 2020 ULTRA SAFE NUCLEAR 10Global First Power - Project Schedule for Chalk River
The MMR™ Business Case for Resources Projects
• Major sustainability initiatives underway in the resources industry to act on
climate change through reducing carbon emissions
• Renewable alternatives cannot reliably replace fossil fuels entirely
• Many other SMRs are targeting on-grid application (replacement capacity)
• MMR™ is near team (mid-2020s) to support carbon reduction objectives
• Reliable carbon-free energy at costs competitive with diesel
• Mitigation of energy supply and cost risks
• Federal and provincial support for Small Modular Reactors (SMRs)
• MMR™ will eliminate millions of tonnes of CO2 emissions
• Serves as the proving ground for remote communities
© 2020 ULTRA SAFE NUCLEAR 12President:
Mark Mitchell
© USNC - Ultra Safe Nuclear Corporation mark.mitchell@usnc.com
Suite 403 at 270 Albert St., Ottawa, ON K1P 5G`8, Canada
info@usnc.com Vice-President Corporate Development:
Ken Darlington
ken.darlington@usnc.com
www.usnc.comYou can also read
