TY - BOOK
T1 - Techno-Economic Analysis of Product Diversification Options for Sustainability of the Monticello and Prairie Island Nuclear Power Plants
AU - Knighton, Lane
AU - Wendt, Daniel
AU - Richards, James
AU - Rabiti, Cristian
AU - Jaoude, Abdalla Abou
AU - Westover, Tyler
AU - Vedros, Kurt
AU - Bates, Samuel
AU - Elgowainy, Amgad
AU - Bafana, Adarsh
AU - Boardman, Richard
AU - Reddi, Krishna
AU - Zang, Guiyan
AU - Ruth, Mark
AU - Frew, Bethany
AU - Levie, Daniel
AU - Jadun, Paige
AU - Desai, Jal
AU - Bernhoft, Sherry
AU - Westlakd, Brittany
AU - McCollum, David
AU - Ludwig, Daniel
AU - Strasser, Molly
AU - Ramler, Bryan
PY - 2021/11/30
Y1 - 2021/11/30
N2 - The objective of this work was to perform techno-economic analysis (TEA) of hybrid options that could be integrated with light water reactor (LWR) nuclear power plants (NPPs) in order to improve the viability and sustainability of existing LWRs through product diversification by utilizing nuclear energy not only to produce grid electricity but to also produce carbon free products such as hydrogen, ammonia or synthetic fuels. Much of the analysis herein could be generally applied to any LWR (high temperature steam electrolysis- HTSE design), but hydrogen demand and the optimization of the HTSE was completed with specific collaboration and data from Xcel Energy’s Prairie Island and Monticello nuclear generating stations and the surrounding market and logistics potential in the greater Minneapolis region. Xcel Energy has set aggressive goals with regards to decarbonization, including an 80% reduction in CO2 emissions from 2005 levels, by 2030 and 100% carbon free by 2050. Other TEAs regarding hydrogen production with nuclear energy have been completed in collaboration with other utility companies previously. Besides being the first TEA in this regard specific to Xcel Energy and the surrounding markets and logistics, this TEA adds to the previously completed TEAs by providing the most up to date and state of the art analysis and optimization of the hydrogen production plant integrated with nuclear power (NPP-HTSE
AB - The objective of this work was to perform techno-economic analysis (TEA) of hybrid options that could be integrated with light water reactor (LWR) nuclear power plants (NPPs) in order to improve the viability and sustainability of existing LWRs through product diversification by utilizing nuclear energy not only to produce grid electricity but to also produce carbon free products such as hydrogen, ammonia or synthetic fuels. Much of the analysis herein could be generally applied to any LWR (high temperature steam electrolysis- HTSE design), but hydrogen demand and the optimization of the HTSE was completed with specific collaboration and data from Xcel Energy’s Prairie Island and Monticello nuclear generating stations and the surrounding market and logistics potential in the greater Minneapolis region. Xcel Energy has set aggressive goals with regards to decarbonization, including an 80% reduction in CO2 emissions from 2005 levels, by 2030 and 100% carbon free by 2050. Other TEAs regarding hydrogen production with nuclear energy have been completed in collaboration with other utility companies previously. Besides being the first TEA in this regard specific to Xcel Energy and the surrounding markets and logistics, this TEA adds to the previously completed TEAs by providing the most up to date and state of the art analysis and optimization of the hydrogen production plant integrated with nuclear power (NPP-HTSE
UR - https://doi.org/10.2172/1843030
U2 - 10.2172/1843030
DO - 10.2172/1843030
M3 - Technical Report
BT - Techno-Economic Analysis of Product Diversification Options for Sustainability of the Monticello and Prairie Island Nuclear Power Plants
ER -