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At least 613 records · Page 34

Development of a Technical, Economic, and Risk Assessment Tool for the Evaluation of Work Reduction Opportunities

Efficient and cost-effective operation of a nuclear power plant (NPP) is essential to ensuring long-term economical and safe operation. Multiple cost saving opportunities exist, referred to here as work reduction opportunities (WRO). These WROs reduce plant operating costs by employing various cost-effective strategies (e.g., implementation of modern technologies). Identifying and objectively screening WROs is an essential task to help reduce overall costs. However, there is no comprehensive framework for assessing WROs in the nuclear industry and evaluating their impact on plant operations. This report presents a novel framework for systematically evaluating WROs from a technical, economic, and risk perspective. As NPPs continue to add new technology and implement modernization strategies into their current processes, potential WROs are commonly identified. Although most WROs have the potential to reduce costs, not all opportunities will result in significant cost savings due to unforeseen risks, large implementation costs, or benefits that fall short of expectations. Examples of this can be the result of a technology that is not fully developed, uncertainty in the amount of cost reduction, or difficulties introducing a new process into an organization. These uncertainties can manifest several ways and can result in a WRO with limited cost savings or even a loss of investment. The framework developed emphasizes the importance of effectively screening the WROs from a holistic perspective to objectively identify inefficiencies and ensure a positive impact to the organization. This report presents the Technical, Economic, and Risk Assessment (TERA) as a key methodology for the screening and evaluation of potential WROs. The TERA framework begins with a screening phase where the process is examined through a hybrid combination of Lean Six Sigma and Integrated Operations for Nuclear (ION) guiding principles. This framework examines the current processes using the Lean Six Sigma SIPOC (Suppliers, Inputs, Process, Outputs, Consumers) methodology but retains the ION key elements of People, Technology, Process, and Governance as important factors to the nuclear decision-making process. By combining the principles of Lean Six Sigma and ION, the developed screening process is specific to the nuclear industry in that it systematically evaluates WROs in order to implement new technology that is comprehensively evaluated. The TERA begins by mapping current processes as they relate to WROs and examining the inefficiencies. Furthermore, the created process map can be used to identify and evaluate potential solutions. Using key performance indicators (KPIs), the TERA evaluates each area—technology, economics, and risk—for uncertainties and to perform cost-benefit analysis. The results of the TERA are important KPIs that allow for an evaluation of different processes and technology implementations. This assessment enables decision-makers to compare various WROs based on metrics and then make informed decisions for which opportunity to implement first. This research includes not only the creation of the TERA framework, but also the evaluation of its performance. A case study for screening potential WROs at Southern Nuclear Company is presented that utilizes the TERA methodology. Through the use of TERA, various WROs were screened, and the solutions evaluated for cost-benefit expectations. The report concludes by summarizing the overall effort and implications for utility modernization. The performance of the screening and TERA are discussed as well as the impact on the nuclear industry. The TERA process enables utilities to evaluate and inform investment decisions for WROs and mitigate any potential risks. Through this research, we provide utilities with a valuable framework to optimize operations, reduce costs, and drive continuous process improvement.

22 GENERAL STUDIES OF NUCLEAR REACTORS↗

Using National-Scale Data to Inform Coal Power Plant Redevelopment and Coal Community Revitalization Planning

In the United States, individual coal plants have high variation in their construction and operation. Coal plants commonly have multiple units, with different commissioning ages, operational position, and maintenance conditions – even multiple fuels. These units may be in changing states of utilization, with variation in productivity depending on economic contexts. Coal plants themselves may be temporarily offline, mothballed, retired, or decommissioned due to owner/operator portfolios or market conditions, and the current posture of the plant may be difficult to ascertain without local news sources (Tarekegne et al. 2021). Anticipated dates of plant closures are prospectively represented to regulators and to the Energy Information Administration (EIA), but may also experience uncertainty due to the engineering, environmental, economic and social complexity of closing a very large power plant. As noted in this report, closure of the first unit to the last within a single plant may span more than 20 years. Yet tracking and predicting the position of our nation’s coal fleets on a national scale is deeply important. In developing a case for federal datasets and an approach to building and curating these data, this report identified that data must have high fidelity at the plant-level to be meaningful in aggregate. Plant-scale detail is also a match for its application: national priorities in federal investment range from economic revitalization for coal plant communities to maintaining reliable electric grid operations. This document is organized into a statistical review of coal plant retirements, past and prospective, in the United States; trends in the relationship between closures and existing federal investment programs for community revitalization; and potential methods for accelerating site redevelopment through advanced geospatial analysis based on federal data.

01 COAL, LIGNITE, AND PEAT↗

Northern California and Southern Oregon Offshore Wind Transmission Study: Volume 1 (Revised)

Offshore wind (OSW) power based on floating technology in the coastal waters of the U.S. Pacific Ocean has great potential to contribute to climate mitigation and renewable energy goals in California, Oregon, and other parts of the western U.S. To achieve development of OSW at scale, investments in transmission infrastructure are needed to deliver this power to major metropolitan areas because these are the primary electricity load centers. Currently the transmission infrastructure serving coastal regions where OSW is most likely to be developed has limited capacity and is designed to bring power from the east to serve modest coastal loads. The development of OSW generation and the interconnection of this resource to the bulk power grid will require major investments in new transmission infrastructure and upgrades to existing infrastructure. This study investigated the development of up to 25.8 GW of OSW energy on the northern coast of California and the southern coast of Oregon. The focus of the study was to assess various transmission alternatives that could deliver OSW power to distant load centers while also providing energy benefits to rural coastal communities near to where OSW power may be developed.

17 WIND ENERGY↗

Assessing the Resource Adequacy and Community Impacts of an Evolving Grid: Considerations for State Regulators

As U.S. power systems continue to decarbonize, state regulators must be able to broadly assess the cost and reliability implications of proposed fossil retirements and the corresponding resources that are coming online to replace them. Specifically, regulators must evaluate whether proposed infrastructure investments are sufficient to ensure the long-term reliability of the system, while also protecting rate payers by ensuring that such investments are necessary and not excessive. Broadly speaking, this objective is typically framed in terms of maintaining long-term resource adequacy at the lowest cost, while also ensuring that other social and/or environmental objectives are satisfied. System planners currently have a host of sophisticated analytical tools at their disposal to evaluate the cost-benefit trade-offs of different approaches to ensuring resource adequacy. However, most of these tools and associated metrics were designed with traditional power systems in mind. Over the past decade, it has become increasingly clear that the metrics and models that have reliably assessed resource adequacy in systems dominated by large thermal and hydropower resources will be insufficient for systems with significant contributions from emerging technologies such as wind, solar and storage. Therefore, in recent years many new metrics and modeling approaches have been developed, and are increasingly being implemented, to meet the needs of the clean energy transition.

24 POWER TRANSMISSION AND DISTRIBUTION↗

Task 12 Sustainability - Methodological Guidelines on Net Energy Analysis of Photovoltaic Electricity (2nd Edition)

Net Energy Analysis (NEA) is a structured, comprehensive method of quantifying the extent to which a given energy source is able to provide a net energy gain (i.e., an energy surplus) to the end user, after accounting for all the energy losses occurring along the chain of processes that are required to exploit it (i.e., for its extraction, processing and transformation into a usable energy carrier, and delivery to the end user), as well as for all the additional energy 'investments' that are required in order to carry out the same chain of processes. However, this general framework leaves the individual practitioner with a range of choices that can affect the results and thus, the conclusions of a NEA study. The current IEA PVPS guidelines were developed to provide guidance on assuring consistency, balance, and quality to enhance the credibility and reliability of the results from photovoltaic (PV) NEAs. The guidelines represent a consensus among the authors - PV NEA experts in North America and Europe - for assumptions made on PV performance, process inputs and outputs, methods of analysis, and reporting of the results. Guidance is given on photovoltaic-specific parameters used as inputs in NEA and on choices and assumptions in inventory data analysis and on implementation of modelling approaches. A consistent approach towards system modelling, the functional unit, the system boundaries and allocation aspects enhance the credibility of PV electricity NEA studies and enables balanced NEA-based comparisons. Specifically, "apples-to-oranges" comparisons of different energy carriers (e.g., fuels vs. electricity) are not methodologically sound and are to be avoided in all cases; also, any comparison across renewable and non-renewable electricity generation technologies must clearly point out the intrinsically short-term nature of the NEA viewpoint, which does not capture the long-term sustainability implications of renewable vs. non-renewable primary energy harvesting and use: non-renewable primary energy resources are depleted and finally exhausted (irrespective of the size of the EROI), while renewable primary energy resources are not. This document provides an in-depth discussion of a common metric of NEA, namely the energy return on investment (EROI), and how this is to be interpreted vis-a-vis the deceptively similar-sounding metrics in the field of Life Cycle Assessment (LCA): cumulative energy demand (CED) and non-renewable cumulative energy demand (nr-CED) per unit output. Specifically, a number of key differences are highlighted between these metrics as applied to electricity production systems, which are listed in Table S-1.

14 SOLAR ENERGY↗

Leveraging State Clean Water Revolving Funds to Expand Clean Energy Financing

To meet clean energy goals, states will need significant capital. Federal funding from the Inflation Reduction Act and the Infrastructure Investment and Jobs Act will help, including by capitalizing clean energy state revolving loan funds (RLFs). States can leverage state clean water revolving funds to finance even more clean energy improvements. New York and Pennsylvania have used this innovative mechanism to extend the impact of their clean energy loan programs. For states looking to extend the reach of their clean energy financing programs, the brief: -Explains how each state leveraged their state revolving funds, -Identifies critical success factors for doing so, and -Offers key elements for replicating this model In New York, New York State Energy Research and Development Authority structured a sale of bonds secured by the repayments from a portfolio of residential energy efficiency loans from its Green Jobs – Green New York Program, with the additional support of a guarantee from the state’s clean water revolving fund. The Pennsylvania Treasury Department received a direct investment of funds from Pennsylvania’s clean water revolving fund to support the relaunch of the Keystone Home Energy Loan Program (HELP), which had previously been shuttered due to lack of support funding. From our review of these two case studies, when facilitating state clean water revolving fund transactions to support clean energy lending, the following critical success factors emerged: -Reference to preventing atmospheric deposition resulting from the combustion of fossil fuels in the state’s Clean Water Act Section 319 Nonpoint Source Pollution Management Plan, which sets out that state’s strategy for reducing pollution into state waterways. -Strong relationships and trust between the clean water revolving fund administrator and the state agency administering the clean energy loan program. -Limited funding exposure for the clean water revolving funds—which are generally large and well capitalized—to ensure that any losses experienced by clean water revolving funds would have a negligible impact on the fund’s ability to support core water and wastewater projects. -Willingness, on the part of the clean water revolving fund administrator, to innovate and engage in careful analysis to support transaction structuring, and support from state energy partner organizations. The brief provides case studies of these states’ experiences, critical success factors, and key elements for replicating the model.

29 ENERGY PLANNING, POLICY, AND ECONOMY↗

Refueling Infrastructure Deployment in Low-Income and Non-Urban Communities

The U.S. National Blueprint for Transportation Decarbonization identifies the need to invest in infrastructure supporting low- and zero-emission vehicles, especially in low-income and overburdened communities, to eliminate nearly all greenhouse gas emissions from the transportation sector by 2050. The alternative fuel vehicle refueling property tax credit (26 U.S. Code § 30C) includes eligibility criteria intended to encourage investment in underserved communities based on the economic characteristics or urban character of the census tract in which the fueling infrastructure is installed. Eligible census tracts are those that qualify for the New Markets Tax Credit or that are not located within urban areas as defined by the U.S. Census Bureau. This study quantifies how many fueling-related amenities are currently located in census tracts that qualify and do not qualify for the 30C tax credit based on IRS Notice 2024-20. For existing electric vehicle charging stations, 51% of Level 2 and 60% of Direct Current Fast Charging public stations are located in eligible census tracts. 73% of natural gas, propane, and hydrogen fueling stations are in qualifying census tracts and 75% of biodiesel and renewable fuel stations are in qualifying census tracts. This compares with 73% of existing gas stations in eligible census tracts. For deploying the refueling infrastructure to satisfy future demand, this study shows that truck stops (94%), commercial truck stops (92%), and Federal Highway alternative fuel corridors (89%) are predominantly located in eligible locations. Additionally, significant percentages of the population (62%), light-duty vehicle registrations (64%), and medium- and heavy-duty vehicle registrations (68%) fall within eligible areas.

33 ADVANCED PROPULSION SYSTEMS↗

Quantification of Commercially Planned Battery Component Supply in North America through 2035

There is the potential for rapid growth in battery manufacturing in North America in the coming years, as indicated by investment plans which companies have announced. Argonne National Laboratory is tracking these investment announcements to understand the availability of domestically produced battery cells and battery components over the next decade. We find that companies have made announcements for over 1,300 GWh/year of lithium-ion battery cell production by 2030, enough to conservatively supply ten million electric vehicles and expected growth in stationary grid storage. From 2021 to 2032, battery cell production is modeled to grow 28-fold. For each of the core battery components of lithium-ion batteries (cathodes, anodes, separators, electrolytes, and foils), we describe the current announced capacities for materials with respect to cell production and end-use demand, finding similar rapid growth for each.

25 ENERGY STORAGE↗

Building efficiency, electrification, and distributed solar PV bill savings under time-based retail rate designs

Building energy technologies and distributed generation, including energy efficiency (EE), distributed solar PV (DPV), and building electrification, are critical to meeting decarbonization goals. Rate design may play an important role in determining the customer economics of adopting these technologies, but it is unclear whether – and to what extent – current rate design trends support or impede progress toward these goals. In this study, we answer these questions by quantifying the range of residential customer bill impacts of EE, DPV, and building electrification investments under current and emerging time-based retail electricity rate designs (i.e., time-of-use, event-based pricing, coincident demand charges, and real time pricing). We also compare these customer bill savings to power system and societal benefits and assess how well the investments are compensated relative to the societal value they provide.

14 SOLAR ENERGY↗

Deep Dive on Energy Finance Options for Local Governments [Slides]

This NREL training provides a basic introduction to the options for financing a clean energy project as well as for recovering the investment and generating revenue from the project. Two common clean energy project types will be used as case studies to walk through the process and details of obtaining project funding and recovering the investment.

29 ENERGY PLANNING, POLICY, AND ECONOMY↗

An Enhanced Computational Framework for Energy Storage Participation in Transmission Planning with Electricity Market Participation: Dynamic Market Participation Restriction Estimation

In the previous study and report, we developed a computational framework to explore the technical and economic viability of the dual use of pumped storage hydropower (PSH) for both transmission assets and market participation. The rationale for the dual-use application is to improve the resource utilization rate and reduce the cost recovery burden. A PSH-based transmission solution generally has a large capacity, which corresponds to a higher investment cost compared to a traditional line solution. Market participation may allow the PSH asset to offset part of its high investment cost. A critical question is whether it is economically and technically viable to allow dual use of a PSH-based transmission project without jeopardizing transmission system reliability. And a more specific follow-up question is how to improve market participation performance while maintaining transmission reliability. In this study, we extend the computational framework by updating the method to determine transmission service obligation requirements dynamically based on the possibility of the need for transmission service in operation. Specifically, we correlate the need for transmission service with the probability of thermal overloading on a monitored transmission line, which is essentially based on the probability distribution of power flow and its probability of exceeding the line rating based on system dispatch and operational uncertainties. In addition, the need depends on the level of risk that a system operator is willing to take. The higher the risk tolerance, the lower the requirement that the system operator would apply to the PSH project as a transmission asset. The requirements are updated every day before the PSH project determines its market participation strategy. With the updated transmission service requirements, it is expected that a PSH project can serve as a transmission asset when the transmission system is at risk and really needs it, while it can participate in a market with sufficient information and certain restrictions. In this way, the transmission service quality and market participation performance can both be improved.

29 ENERGY PLANNING, POLICY, AND ECONOMY↗

Lawrence Livermore National Laboratory (LLNL) Laboratory Directed Research and Development (LDRD) Annual Report (FY 2023)

As Lawrence Livermore National Laboratory’s most significant resource for supporting internally directed research and development, the LDRD Program provides investments in cutting-edge science and technology that allow the Laboratory to attract and retain the world’s most talented scientists and engineers and enables them to expand the frontiers of knowledge and anticipate emerging national security challenges. In this annual report, we summarize how Lawrence Livermore National Laboratory (LLNL) uses LDRD investments to advance our knowledge in strategic science and technology domains, develop our world-class workforce, and foster innovation in key programmatic areas.

37 INORGANIC, ORGANIC, PHYSICAL, AND ANALYTICAL CH↗

New Resource Adequacy Criteria for the Energy Transition: Modernizing Reliability Requirements

The transition toward a cleaner and more weather-dependent power system brings with it unprecedented challenges and opportunities for maintaining resource adequacy—namely, a future that includes rapid load growth, plant retirements, and a shift toward variable and energy-limited resources. Resource adequacy analyses, capacity accreditation, and the resource adequacy planning criteria are becoming increasingly important for power system planning and investment decisions. While previous ESIG reports evaluated the changing resource adequacy risks and planning practices created by the energy transition, none specifically examined potential changes to the resource adequacy criterion used for planning. The resource adequacy criterion sets the level of supply- and demand-side resources that are required for a given power system to meet reliability objectives. It is a pivotal standard that influences billions of dollars of investment decisions.

29 ENERGY PLANNING, POLICY, AND ECONOMY↗

Sandia Wind Energy Program - FY23 Accomplishments

This report summarizes Fiscal Year 2023 accomplishments from Sandia National Laboratories Wind Energy Program. The portfolio consists of funding provided by the DOE EERE Wind Energy Technologies Office (WETO), Advanced Research Projects Agency-Energy (ARPA-E), Advanced Manufacturing Office (AMO), the Sandia Laboratory Directed Research and Development (LDRD) program, and private industry. These accomplishments were made possible through capabilities investments by WETO, internal Sandia investment, and partnerships between Sandia and other national laboratories, universities, and research institutions around the world. Sandia’s Wind Energy Program is primarily built around core capabilities as expressed in the strategic plan thrust areas, with 29 staff members in the Wind Energy Design and Experimentation department and the Wind Energy Computational Sciences department leading and supporting R&D at the time of this report. Staff from other departments at Sandia support the program by leveraging Sandia’s unique capabilities in other disciplines.

17 WIND ENERGY↗

Energy Transitions: Local Water Concerns and Climate Impacts

This report summarizes important nuances in local water concerns and potential climate impacts that could influence the roll-out of technologies associated with energy transitions. Current investments in clean energy technologies are very high, which is driving a lot of investments in related manufacturing (i.e., hydrogen, solar, wind, and batteries) and mining (e.g., lithium, copper, and graphite) around the world. To understand how water and climate dynamics could be influencing these activities, we conducted a phased literature review for three countries: China, Germany, and France. China was selected due to its global dominance in manufacturing of solar panels, batteries, and electrolyzers as well as production of rare earth elements while Germany and France were selected due to their emerging leadership in energy transitions-related manufacturing within the European Union. For each of these three nations, we identified areas where manufacturing is occurring within the country and then evaluated relevant water resources and climate impacts. Multiple sources were consulted for this review, including BloombergNEF, international reports, industry sources, peer-reviewed literature, climate data, and media coverage.

29 ENERGY PLANNING, POLICY, AND ECONOMY↗

Next-Generation Marine Energy Software Needs Assessment

The U.S. Department of Energy (DOE) Water Power Technologies Office’s (WPTO) initial investment in marine energy software was driven by needs identified over a decade ago. WPTO-funded research was first launched because of a U.S. congressional mandate that called for the DOE to officially research marine energy technologies, which also established the DOE WPTO in 2008. A congressional mandate requested the WPTO to evaluate a variety of marine energy devices, establish baseline levelized cost of energy estimates, and provide an overall report to Congress. This congressional mandate led to the Reference Model Project (RMP), for which WPTO funded a national multi-laboratory team to develop these reference models, based on state-of-the-art designs of six marine energy converter archetypes that consisted of three current energy converters and three wave energy converters (WEC). Each device was designed to operate for a specific marine resource, thus allowing the devices to serve as reference models for future studies. The RMP congressional report cited the need for improved marine energy software to handle a variety of device designs, as well as a need to standardize performance outputs. Without validated software packages and established metrics, information presented to the WPTO by technology developers could be incorrect or inaccurate and result in misleading conclusions. The recommendation to coordinate WPTO investment in software for numerical modeling and analysis was given a high priority because it would directly fill needs at the time, and focused funding would amplify impact. By sponsoring software development, WPTO would provide industry developers, university researchers, and national laboratories software that could be used, customized, and advanced, thus supporting the overall advancement of marine energy.

16 TIDAL AND WAVE POWER↗

Sandia Wind Energy Program: FY22 Accomplishments

This report summarizes Fiscal Year 2022 accomplishments from Sandia National Laboratories Wind Energy Program. The portfolio consists of funding provided by the DOE EERE Wind Energy Technologies Office (WETO), Advanced Research Projects Agency-Energy (ARPA-E), Advanced Manufacturing Office (AMO), and the Sandia Laboratory Directed Research and Development (LDRD) program. These accomplishments were made possible through capabilities investments by WETO, internal Sandia investment, and partnerships between Sandia and other national laboratories, universities, and research institutions around the world. Sandia’s Wind Energy Program is primarily built around core capabilities as expressed in the strategic plan thrust areas, with 29 staff members in the Wind Energy Design and Experimentation department and the Wind Energy Computational Sciences department leading and supporting R&D at the time of this report. Staff from other departments at Sandia support the program by leveraging Sandia’s unique capabilities in other disciplines.

17 WIND ENERGY↗

Nuclear Thermal Energy Storage Configurations for Industrial Combined Heat and Power Supply: Conceptual Study and Engineering Designs

The industries examined in this report primarily rely on moderate-temperature heat provided by gas- or coal-fired boilers and combined heat and power (CHP) plants, delivered through standard process steam systems. High-temperature energy demands are often industry-specific and typically exceed the capabilities of high-temperature gas-cooled reactors (HTGRs). While it is technically feasible to replace process steam from fossil-based heat sources with nuclear energy, certain industries, such as methanol production and pulp and paper, face technoeconomic challenges in integrating nuclear energy without major changes or a technological shift. This is mainly due to the limited external energy demand remaining after the use of internal byproducts, waste heat recovery, and simple efficiency improvements. Achieving full decarbonization of these processes with nuclear energy would require significant technological advancements, involving experimental technology and substantial investments, making widespread adoption in existing industrial plants unlikely in the near term. This study reviews TES options in the context of enabling a flexible CHP supply while maintaining a steady nuclear heat input. Heat storage systems that interface between the reactor primary fluid and the CHP system offer superior performance and flexibility. Specifically, steam extraction downstream of the reheater with a two-tank molten-salt TES appears as the best solution regarding thermodynamic system benefits and system drawbacks. Using selected system configurations, a conceptual design of an industrial energy park was developed for industries with varying energy demands, such as steel production plants utilizing electric arc furnaces (EAFs) and chemical plants, as well as for those with constant energy demands, like petroleum refineries. This design highlights the capabilities of TES and explores its potential business cases. The study also conceptually develops the potential for integrating additional energy sources with nuclear systems through the implementation of TES. The potential of the HTGR-TES-CHP system was also evaluated considering key uncertainties such as industrial demand profiles, external grid access availability, and eligible tax credit levels, using the Holistic Energy Resource Optimization Network. Sensitivity of net present value to these uncertainties was analyzed to determine the optimal number of nuclear reactors (and CHP systems) and the suitable TES capacity. The results were interpreted from a decision-maker’s perspective, focusing on three key areas: deployment strategy (oversized units vs. undersized units with TES support), industrial process characteristics (thermal-intensive single profiles vs. electricity-intensive combined profiles), and operational goals (maximizing profits vs. minimizing natural gas (NG) consumption or external grid dependence). The optimization results indicate that the HTGR-TES-CHP system significantly reduces reliance on NG boilers for individual industrial processes by 9-60% (in NG capacity factor), with an average reduction of 38%, compared to standalone NG boiler operation case (Business As Usual [BAU]). For combined industrial processes, the reduction ranges from 37-77%, with an average of 60%. Additionally, the system greatly reduces dependence on external grids. In meeting industrial electrical demands, a 33-100% self-sufficient internal electricity supply is achieved for single industrial process, with an average of 74%, compared to the BAU scenario, where 100% of electricity is imported. For combined processes, 35-100% of internal electricity demands are met by the reactor, with an average of 73%. At last, the relative NG price levels at which the proposed HTGR-TES-CHP system can cost-effectively enter the market currently dominated by existing NG boilers were estimated. For a moderate HTGR CAPEX level ($\$$2500/kWth, $\$$6329/kWe), the analysis suggests that NG prices must be 2.5 to 7 times higher than HTGR variable operating and maintenance costs for single industrial process, and 5.5 to 9.5 times higher for a combined process scenario. Tax credit modeling shows that the Investment Tax Credit significantly reduces the price threshold needed to break even, making the system competitive with NG boilers in certain cases.

22 GENERAL STUDIES OF NUCLEAR REACTORS↗