#Stack of bills to pay install

We quickly took that item off the table because we didn’t want to link our nuclear plants with marijuana but we did have everything on the table at one point,” Greenlee said during the ‘U.S. The one item that generates the most revenue would be for nuclear plants to supply heating schemes to grow marijuana. “And when I say everything, I mean everything. “We see this hydrogen production opportunity as a perfect marriage of decarbonizing our generation portfolio and maximizing the value for our shareholders and customers,” said General Manager of Nuclear Policy at Pinnacle West Michael Green while speaking in an American Nuclear Society (ANS) webinar in June.Įxelon, which will contribute half of the DOE's $7.2 million grant, will soon announce which of its boiling water reactor plant sites will host the electrolyzer for the project that is expected to run until 2023, the Senior Vice President, Engineering and Technical Support at Exelon Nuclear Scot Greenlee said during the ANS webinar.Įxelon operates the largest fleet of nuclear plants in the United States and has conducted various brainstorming exercises with experts from academia, the DOE and NRC to find any way to repurpose some of its 21 reactors to raise revenue. Pinnacle West Capital Corporation, co-owner of the Palo Verde nuclear power station operator Arizona Public Service, which is working with Xcel Energy and Energy Harbor on the project, says hydrogen production is a perfect fit using off-peak electricity demand.

#Stack of bills to pay install

Last year, the DOE awarded two grants to support hydrogen demonstration plants at nuclear power sites, including Exelon’s 1 MW polymer electrolyte membrane (PEM) electrolyzer for onsite hydrogen needs and one by Xcel Energy and Energy Harbor to install an electrolyzer for onsite and offsite uses. Department of Energy announced approximately $64 million in funding during the 2020 fiscal year for 18 projects that will support its H2 project to “fully realize hydrogen’s benefits across the economy.” In 2019, the DOE helped fund 29, H2 projects with a $40 million grant. If taken up by the transport industry, hydrogen could be used to power more than 400 million cars, 15-20 million trucks and 5 million buses by 2050, the Council says. One of those options is hydrogen production.Īccording to the Hydrogen Council, a global initiative of energy, industrial and transport companies formed during the 2017 World Economic Forum in Davos, hydrogen could convert and store more than 500 TWh of curtailed electricity and allow for international energy distribution by linking energy abundant regions with those requiring energy imports. DOE expands NuScale SMR plan to quantify heat, hydrogen benefitsĮlectricity production from nuclear reactors, whether from previous generation gigawatt-sized plants or incoming small modular reactors, is more expensive than power generated from other sources and, while industry leaders highlight baseload and zero carbon emissions, it will be the reactors’ ability to diversify to other areas that will help pay the bills.Industry heads warn nuclear costs must be slashed.Nuclear hydrogen economics could favor small modular designs.With state-of-the-art technology, you have our complete commitment to security-anytime, anywhere.

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