To enable production at-scale, we need to be cost competitive. We believe our levelized cost of energy (LCOE) will be significantly below conventional nuclear plants:
- The inherent safety features of the reactor will reduce the need for expensive active systems and the cost of high-pressure resistant building. This will decrease development and construction costs.
- The reactor will operate with increased fuel efficiency: higher operating temperatures result in 10-15% more effective conversion to electricity. By using nuclear waste as a fuel, costs are avoided, and valuable energy is created.
- Modularity reduces risks and ensures continuous improvement. Modules will be produced in series off-site, under controlled quality conditions, decreasing construction costs and risks. The cartridges are improved with upgrades every 5 – 10 years thereby improving the performance of the reactor.