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Generation IV Reactors to Assert Re-emergence of Nuclear Power Industry by GlobalData

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Generation IV nuclear technologies, a set of new reactor designs, are currently being researched and developed by the thirteen members of the Generation IV International Forum (GIF). The goals laid down by the GIF aim at making nuclear energy as the most viable solution for energy production. Generation IV reactors can help boost the nuclear industry as they focus on enhancing reactor safety, efficiency, reliability, economics, proliferation resistance and physical protection. These reactors usually operate at high temperatures that are favorable for hydrogen production, which is a significant advantage considering its rising demand. The high operating efficiencies offered by these technologies help further reduce generation costs related to fuel consumption and spent fuel storage. The excellent safety features of Gen IV will help in the reemergence of nuclear industry alleviating the anti-nuclear concerns mainly triggered after Fukushima accident.

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									            Generation IV Reactors to Assert Re-emergence of Nuclear
                                 Power Industry
       Reference Code: GDNE0085VPT                                                                                                             Publication Date: February 2012


       1         Table of Contents
       1 Table of Contents.................................................................1
        1.1 List of Tables .................................................................1
       2 Overview ..............................................................................2
       3 Generation IV Reactors to Assert Re-emergence of Nuclear
         Power Industry .....................................................................2
        3.1 Generation IV Reactors to Spur the Hydrogen Market ..2
        3.2 Generation IV Reactors to Help in Saving Nuclear Fuel 2
        3.3 Development of Generation IV Reactors Likely to Abate
             Nuclear Proliferation ......................................................3
        3.4 Developments of Gen IV Reactors to Alleviate
             Antinuclear Public Sentiment in the Wake of Fukushima
                   4
        3.5 Generation IV International Forum Signatories Keen On
             Quick But Thorough Development ................................5
        3.6 Conclusion.....................................................................7
       4 Appendix ..............................................................................8
        4.1 Abbreviations.................................................................8
        4.2 Methodology ..................................................................8
        4.3 Contact Us.....................................................................9
        4.4 Disclaimer......................................................................9



       1.1       List of Tables
       Table 1: Gen IV Reactors: Coolant, Moderator, Efficiency and
                Deployment Year ......................................................2
       Table 2: Gen IV Reactors Fuel Used and Fuel Consumed, in
                Tons Per Year ..........................................................3
       Table 3: Gen IV Reactors: Uses, Safety Features and Benefits
                 .................................................................................3
       Table 4: GIF System Arrangement ..........................................5
       Table 5: Abbreviations ............................................................8




                                                                                                                                                   GDNE0085VPT / Published FEB 2012
Generation IV Reactors to Assert Re-emergence of Nuclear                                                                                                  Market Analysis Alerts / Page 1
Power Industry                                                                                        © GlobalData. This report is a licensed product and is not to be copied, reproduced,
                                                                                                                                                              shared or resold in any form
       2       Overview                                                                 3        Generation IV Reactors to Assert Re-
       Generation IV (Gen IV) nuclear technologies, a set of new                                 emergence of Nuclear Power Industry
       reactor designs, are currently being researched and developed                    Generation IV reactors can help boost the nuclear industry as
       by the members of the Generation IV International Forum (GIF).                   they focus on enhancing reactor safety and efficiency. The
       The GIF is an international society formed in 2001 to carry out                  goals laid down by the GIF aim at making nuclear energy as the
       research and development (R&D) of Gen IV nuclear                                 most viable solution for energy production. The Gen IV reactor
       technologies. The GIF has thirteen members, namely                               goals include sustainability, safety and reliability, economics,
       Argentina, Brazil, Canada, the Republic of Korea, South Africa,                  proliferation resistance and physical protection. These reactors
       France, Japan, the United Kingdom, the US, Switzerland,                          usually operate at high temperatures that are favorable for
       European Atomic Energy Community (EURATOM), China and                            hydrogen production, which is a significant advantage
       Russia. Argentina, Brazil and United Kingdom are considered                      considering its rising demand. The high operating efficiencies
       inactive as they have not acceded to the framework agreement                     offered by these technologies help further reduce generation
       which establishes system and project arrangements.                               costs related to fuel consumption and spent fuel storage.
       Gen IV nuclear technologies are predicted to offer enhanced                      Currently, the concerns that have been raised regarding the
       features like higher efficiency and greater safety compared to                   safety of nuclear reactors after the Fukushima disaster have
       the present generation of nuclear reactors. GIF has identified                   stirred anti-nuclear public sentiment. These anti-nuclear
       six reactor types, namely Gas Cooled Fast Reactors (GFR),                        concerns can be reduced through the development of Gen IV
       Lead Cooled Fast Reactors (LFR), Molten Salt Reactors (MSR),                     reactors as they offer excellent safety features. These models
       Sodium Cooled Fast Reactors (SFR), Supercritical Water                           render resistance to nuclear proliferation by using closed fuel
       Cooled Reactors (SCWR) and Very High Temperature                                 cycles and reducing proliferation detection time.
       Reactors (VHTR) which are collectively known as Gen IV
       reactors. Some of the major technology goals of the GIF include                  3.1     Generation IV Reactors to Spur the
       improvement of nuclear safety, proliferation resistance,                                 Hydrogen Market
       minimization of waste and natural resource utilization and                       The development of Gen IV reactors will spur the hydrogen
       reduced cost of building and maintaining such plants.                            market as many of the Gen IV reactors facilitate cogeneration of
       The table below indicates the coolant, moderator, estimated                      hydrogen along with electricity. The GFR, LFR, MSR and VHTR
                                                                                        reactors will be able to produce hydrogen along with electricity
       efficiency and the best case deployment year of Gen IV
                                                                                        as the reactors work at high temperatures that facilitate
       r
								
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