Cost and Performance Requirements for Flexible Advanced Nuclear Plants in Future U.S. Power Markets
Advanced reactor developers are at various stages of commercializing new products and must design for future market environments that will exist when their plants are available. It is therefore critical to have a clear understanding about what plants will need to cost to be attractive investments, and what performance characteristics will create the most value for plant owners. This study is among the first to model the substantial contribution that flexible advanced reactors can make towards reliable, responsive, affordable, and clean future energy systems by supplying clean dispatchable generating capacity. Advanced reactor technologies could make a major contribution to lowering the overall system cost while reducing emissions and improving the performance of future energy systems. Depending on specific market conditions, it may also be beneficial to co-locate thermal energy storage systems (ESS).