[Title non-animated at 24 point]

Small Reactor Deployment: What Roles Can
States Play?
SMR-160 Unconditionally Safe & Economical Green Energy
Technology for the 21st Century
a generation ahead by design
By: Pierre Oneid
Senior Vice President &
Chief Nuclear Officer
Holtec International
President
SMR, LLC
Holtec International
World Headquarters
Jupiter, Florida, U.S.A.
NEI Small Reactor
Forum
February 25, 2014
1
Holtec International Company Overview
a generation ahead by design
• Established in USA since 1986
• Annual Revenues: Over $400 Million USD
• Backlog: 4.0 Billion USD
• Over 850 employees
• No history of long-term debt
Headquarters
Jupiter, FL
• Self financed company growth – D&B (4A1)
Corporate Technology Center
Marlton, NJ
• Power Generation Technologies
• 45 Patents plus 45 Pending/Provisional
• 1,000,000 Square Feet of Manufacturing - USA
Orrvilon, OH
Lakeland, FL
Turtle Creek, PA
2
A Global Leader in Power Generation
Technologies
a generation ahead by design
Heat Transfer Equipment
Rev. 0 2/21/2011
Dry Spent Fuel Loading Equipment
Spent Fuel and Non-Fuel Waste
Dry Storage and Transport Casks
In-pool Spent Fuel Storage Racks
Vertical Air Cooled Condensers
3
Technical and Consulting Services
SMR 160 – A New Paradigm
for Nuclear Energy
a generation ahead by design
• SMR-160 is being developed by SMR LLC, a subsidiary of Holtec International
• Enhanced Safety and Security (“Fukushima-proof”)
– passive safety features, underground core, secure, smaller “source term”
• Attractive Investment Opportunity
– lower initial capital investment, shorter construction duration, lower operational costs,
quicker return on investment, low carbon emissions
• It is SMR-160’s mission to light up the ill- lit areas on the globe with affordable
pollution free energy
This presentation material’s ownership by Holtec International is protected by international laws on intellectual properties.
4
SMR 160 Benefits
a generation ahead by design
•
•
•
•
Each unit is Autonomous
Small Capital Outlay
Competitive cost
Small footprint, ~5 Acres
and inconspicuous
• Short construction time, ~3
Years
• Robust design for all
accidents and beyond
design basis accidents
– Passive safety systems
– Reactor is underground
– Spent fuel storage
underground
• Long refueling cycle,
Approx. 4 years
• Short outage period, 5 days
• High capacity factor, >99%
This presentation material’s ownership by Holtec International is protected by international laws on intellectual properties.
5
An Overview of SMR-160 Key
Technology Differentiators
a generation ahead by design
• Fuel packaged in a Unitary Cartridge
(Holtec Patent)
– Refueling occurs by changing out a
single cartridge that facilitates rapid
refueling.
•
–
Specialized tooling required to
remove fuel
–
Design hardened against security
threats
Fuel Cartridge is a multi-function device
serves as:
–
a fuel rack in the pool
–
a “fuel basket” for dry storage
• Low turbulence in the Core protects fuel from
fretting damage.
This presentation material’s ownership by Holtec International is protected by international laws on intellectual properties.
6
An Overview of SMR-160 Key
Technology Differentiators (cont’d)
a generation ahead by design
• SMR-160’s non-safety waste heat rejection can be directly to air (reliance on a
natural water source for cooling virtually eliminated, if desired).
• Holtec provides innovative air cooled condensers in two configurations:
– HI-MAX which is a horizontal A-frame design
– HI-VACC which stands for Holtec International Vertical Air Cooled Condenser
HI-MAX™ SS - First Generation Tube
HI-VACC
This presentation material’s ownership by Holtec International is protected by international laws on intellectual properties.
7
Exciting Affiliation with PSEG Power
a generation ahead by design
• Technical Expertise
• Reactor Operations
• Operator Training
• Procedure Development
• Regulatory Affairs
• Security to inform the design from an Operations
and Maintenance perspective
New Jersey Electricity Generation
Electricity Produced – 2011
Total GWh: 64,456
Nuclear
52.1%
8%
6.6%
Renewable
1.5%
Coal
38.9%
.9%
Other
Natural
Gas
South Carolina Nuclear Footprint
a generation ahead by design
$2.2 billion in payroll
Nearly $5 billion in earned income
Over 28,074 Current Jobs
a generation ahead by design
Economic
Development..
Creation of Energy
Manufacturing Jobs - Model
a generation ahead by design
State of SC
Manufacturing
Jobs
Manufacturers
(Holtec - SMR LLC)
Utilities (SCE&G)
NuHub
SRS
12
States Can Specifically…
a generation ahead by design
• Develop and deliver skilled nuclear worker
training programs
• Develop NPP operations and maintenance
training programs & simulators
• Encourage University Programs - Work with
SMR vendors to develop curricula and
application-oriented training materials
• Provide Tax Incentives for vendors and
manufacturers to encourage locating capital
manufacturing facilities and simulators
Small Reactor Deployment: What Roles Can
States Play?
SMR-160 Unconditionally Safe & Economical Green Energy
Technology for the 21st Century
a generation ahead by design
By: Pierre Oneid
Senior Vice President &
Chief Nuclear Officer
Holtec International
President
SMR, LLC
Holtec International
World Headquarters
Jupiter, Florida, U.S.A.
NEI Small Reactor
Forum
February 25, 2014
14