Uranium marketThe uranium market, like all commodity markets, has a history of volatility, moving with the standard forces of supply and demand as well as geopolitical pressures. It has also evolved particularities of its own in response to the unique nature and use of uranium. Historically, uranium has been mined in countries willing to export, including Australia and Canada. However, countries now responsible for more than 50% of the world’s uranium production include Kazakhstan, Namibia, Niger, and Uzbekistan.
Nuclear reactor physicsNuclear reactor physics is the field of physics that studies and deals with the applied study and engineering applications of chain reaction to induce a controlled rate of fission in a nuclear reactor for the production of energy. Most nuclear reactors use a chain reaction to induce a controlled rate of nuclear fission in fissile material, releasing both energy and free neutrons.
Chernobyl Nuclear Power PlantThe Chernobyl Nuclear Power Plant (ChNPP; Чорнобильська атомна електростанція; Чернобыльская атомная электростанция) is a nuclear power plant undergoing decommissioning. ChNPP is located near the abandoned city of Pripyat in northern Ukraine northwest of the city of Chernobyl, from the Belarus–Ukraine border, and about north of Kyiv. The plant was cooled by an engineered pond, fed by the Pripyat River about northwest from its juncture with the Dnieper.
Integral fast reactorThe integral fast reactor (IFR, originally advanced liquid-metal reactor) is a design for a nuclear reactor using fast neutrons and no neutron moderator (a "fast" reactor). IFR would breed more fuel and is distinguished by a nuclear fuel cycle that uses reprocessing via electrorefining at the reactor site. The U.S. Department of Energy began designing an IFR in 1984 and built a prototype, the Experimental Breeder Reactor II. On April 3, 1986, two tests demonstrated the safety of the IFR concept.
Nuclear flaskA nuclear flask is a shipping container that is used to transport active nuclear materials between nuclear power station and spent fuel reprocessing facilities. Each shipping container is designed to maintain its integrity under normal transportation conditions and during hypothetical accident conditions. They must protect their contents against damage from the outside world, such as impact or fire. They must also contain their contents from leakage, both for physical leakage and for radiological shielding.
Nuclear reprocessingNuclear reprocessing is the chemical separation of fission products and actinides from spent nuclear fuel. Originally, reprocessing was used solely to extract plutonium for producing nuclear weapons. With commercialization of nuclear power, the reprocessed plutonium was recycled back into MOX nuclear fuel for thermal reactors. The reprocessed uranium, also known as the spent fuel material, can in principle also be re-used as fuel, but that is only economical when uranium supply is low and prices are high.
Supercritical water reactorThe supercritical water reactor (SCWR) is a concept Generation IV reactor, designed as a light water reactor (LWR) that operates at supercritical pressure (i.e. greater than 22.1 MPa). The term critical in this context refers to the critical point of water, and must not be confused with the concept of criticality of the nuclear reactor. The water heated in the reactor core becomes a supercritical fluid above the critical temperature of 374 °C, transitioning from a fluid more resembling liquid water to a fluid more resembling saturated steam (which can be used in a steam turbine), without going through the distinct phase transition of boiling.
Reprocessed uraniumReprocessed uranium (RepU) is the uranium recovered from nuclear reprocessing, as done commercially in France, the UK and Japan and by nuclear weapons states' military plutonium production programs. This uranium makes up the bulk of the material separated during reprocessing. Commercial LWR spent nuclear fuel contains on average (excluding cladding) only four percent plutonium, minor actinides and fission products by weight.
Nuclear chain reactionIn nuclear physics, a nuclear chain reaction occurs when one single nuclear reaction causes an average of one or more subsequent nuclear reactions, thus leading to the possibility of a self-propagating series of these reactions. The specific nuclear reaction may be the fission of heavy isotopes (e.g., uranium-235, 235U). A nuclear chain reaction releases several million times more energy per reaction than any chemical reaction.
Finite element methodThe finite element method (FEM) is a popular method for numerically solving differential equations arising in engineering and mathematical modeling. Typical problem areas of interest include the traditional fields of structural analysis, heat transfer, fluid flow, mass transport, and electromagnetic potential. The FEM is a general numerical method for solving partial differential equations in two or three space variables (i.e., some boundary value problems).
