Small and Large Nuclear Reactors In Planning and Study Phases
In March 2015 the Korea Atomic Energy Research Institute (KAERI) signed an agreement with KA-CARE to assess the potential for building at least two South Korean SMART reactors in the country, and possibly more.
KEPCO is undertaking the pre-project planning and feasibility studies for KAERI’s $130 million . SMART Power will be the prime EPC contractor, with construction start expected in 2018. SMART is designed for electricity generation (up to 100 MWe) as well as seawater desalination. It has a 60-year design life and refueling cycle. The first SMART unit in Saudi Arabia is estimated to cost $1 billion.
South Korea and Saudi Arabia want to commercialize and sell the SMART reactor to third countries. KAERI has designed an integrated desalination plant based on the SMART reactor to produce 40,000 m3/day of water and 90 MWe of power at less than the cost of turbine.
In January 2016 KA-CARE signed an agreement with China Nuclear Engineering Corporation (CNEC) to build a high-temperature reactor (HTR) based on the HTR-PM now under construction in China.
In January 2015, the Saudi government said its target for 17 GWe of nuclear capacity would be more like 2040. In 2017 KA-CARE announced that it was soliciting proposals for 2.9 GWe nuclear capacity, from South Korea, China, Russia and Japan. In November 2018 KA-CARE awarded a contract to Worley Parsons to provide consultancy services for the Saudi National Atomic Energy Project.
SOURCES – World Nuclear Association, Bloomberg, Google Earth
Written by Brian Wang, nextbigfuture.com
Brian Wang is a Futurist Thought Leader and a popular Science blogger with 1 million readers per month. His blog Nextbigfuture.com is ranked #1 Science News Blog. It covers many disruptive technology and trends including Space, Robotics, Artificial Intelligence, Medicine, Anti-aging Biotechnology, and Nanotechnology.
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