Nuclear Production of Hydrogen, Fourth Information Exchange ...

Nuclear Production of Hydrogen, Fourth Information Exchange ... Nuclear Production of Hydrogen, Fourth Information Exchange ...

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NHI ECONOMIC ANALYSIS OF CANDIDATE NUCLEAR HYDROGEN PROCESSES References Hu, Tzu-Yu, et al. (2008), “Design and Cost of the Sulfuric Acid Decomposition Reactor for the Sulfur Based Hydrogen Processes”, 4 th International Topical Meeting on High Temperature Reactor Technology, HTR2008-58009, Washington, DC, 28 September-01 October. Mathias, Paul M., Lloyd C. Brown, et al. (2003), “Thermodynamics of the Sulfur-Iodine Cycle for Thermochemical Hydrogen Production”, 68 th Annual Meeting of the Society of Chemical Engineers, Japan, 23 March. Moore, R.C., et al. (2007), H 2 SO 4 Section Performance Assessment and the Next Generation Design, Sandia National Laboratories, 15 September. 342 NUCLEAR PRODUCTION OF HYDROGEN – © OECD/NEA 2010

MARKET VIABILITY OF NUCLEAR HYDROGEN TECHNOLOGIES: QUANTIFYING THE VALUE OF PRODUCT FLEXIBILITY Market viability of nuclear hydrogen technologies: Quantifying the value of product flexibility Audun Botterud, 1 Bilge Yildiz, 2 Guenter Conzelmann, 1 Mark C. Petri 1 1Argonne National Laboratory, IL, USA 2Massachusetts Institute of Technology, MA, USA Abstract We analyse the market viability of four potential nuclear hydrogen technologies. We focus on the value of product flexibility, i.e. the value of the option to switch between hydrogen and electricity production depending on what is more profitable to sell. We find that flexibility in output product is likely to add significant economic value to a nuclear hydrogen plant. Electrochemical technologies lend themselves more easily to flexible production than thermochemical technologies. Potential investors in nuclear hydrogen may therefore see these as more viable in the marketplace. NUCLEAR PRODUCTION OF HYDROGEN – © OECD/NEA 2010 343

NHI ECONOMIC ANALYSIS OF CANDIDATE NUCLEAR HYDROGEN PROCESSES<br />

References<br />

Hu, Tzu-Yu, et al. (2008), “Design and Cost <strong>of</strong> the Sulfuric Acid Decomposition Reactor for the Sulfur<br />

Based <strong>Hydrogen</strong> Processes”, 4 th International Topical Meeting on High Temperature Reactor Technology,<br />

HTR2008-58009, Washington, DC, 28 September-01 October.<br />

Mathias, Paul M., Lloyd C. Brown, et al. (2003), “Thermodynamics <strong>of</strong> the Sulfur-Iodine Cycle for<br />

Thermochemical <strong>Hydrogen</strong> <strong>Production</strong>”, 68 th Annual Meeting <strong>of</strong> the Society <strong>of</strong> Chemical Engineers, Japan,<br />

23 March.<br />

Moore, R.C., et al. (2007), H 2 SO 4 Section Performance Assessment and the Next Generation Design, Sandia<br />

National Laboratories, 15 September.<br />

342 NUCLEAR PRODUCTION OF HYDROGEN – © OECD/NEA 2010

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