Evaluating a Nuclear Reactor Company
By Nick Touran, Ph.D., P.E., , Reading time: 15 minutes
It’s an exciting time in the nuclear industry. Public and political support are higher than they’ve been for years. Private sector investment is soaring, and startup companies are appearing at record pace. With so much activity comes a need for better tools to help us all understand the status and differences between projects.
This page contains some rubrics for assessing the maturity and status of nuclear projects. It may be useful for:
- Government and/or private investors performing due diligence on nuclear reactor vendors
- Nuclear startup companies plotting a roadmap for their own maturity
- Nuclear professionals choosing which nuclear company to join
- Power customers evaluating reactor vendors
You can design a series of questions that will place any given organization in a specific box for each row and then rank organizations by their total score.
| Poor | Marginal | Good | Excellent | |
|---|---|---|---|---|
| Hands-on experience with core environment |
|
|
|
|
| Experience with radiation |
|
|
|
|
| Core modeling |
|
|
|
|
| Plant modeling | Just hand-calcs |
|
|
|
| Fleet modeling | None |
|
|
Cell 4 |
| Financials |
|
|
|
|
| Design Control |
|
|
|
|
| Culture and Hustle |
|
|
|
|
| Secret Sauce |
|
|
|
|
| Design Deliverables Produced |
|
|
||
| Project Management |
|
|
|
|
| Supply Chain |
|
|
|
|
| Regulatory |
|
|
|
|
| IT and Security |
|
|
|
|
Scratch space.. ignore
Experimental Capabilities
Besides ensuring that your design solutions will work as expected in the real world, doing experimental and lab work is key for ensuring you fully understand the nuances and challenges of your reactor environment. (See this May 2025 letter for more explanation from the advanced reactor point of view.)
Analysis Capabilities
Analysis capabilities are the mathematical/computational manifestation of a team’s understanding of their reactor. Such tools can run a reactor idea though thousands of design iterations, perturbations, and simulated accident scenarios for relatively little money, and with no risk to health or the environment. You can tell a lot about a reactor’s maturity by understanding the tools and methods the design team use to probe and optimize the design.
Process and QA
Doing the right work is one thing, but doing the work right is another!
Supply Chain
To build a nuclear plant, you need to make sure you can get all the parts you need.
Legal and Regulatory Readiness
Having all the treaties, licenses, and permits lined up is obviously a big part of any nuclear build.
Project Management
Operations and Maintenance
- Operators trained and licensed on your plant (maybe trained by a training simulator based on the design)
Typical design lifecycle stages
Idea phase
- Do hand-calcs
- Run simple MCNP calcs and have a retired nobel prize winner review them (for clout)
- Make PowerPoints
- Talk big online
Pre-conceptual design
During pre-conceptual design, a reactor idea is subjected to numerous trade studies to establish appropriate design solutions to the project objectives. It involves:
- Building multidisciplinary analysis capabilities capable of evaluating design solutions in terms of performance and cost
- Using the tools to figure out the optimal reactor design parameters: power, fuel type, reactor configuration,
dimensions, notional interfaces between all required systems
- This involves multiobjective optimization, as performance and cost parameters will be conflicting
- Performing tests on low-readiness enabling technologies (non-nuclear, or with a nuclear reactor experiment)
- These give information needed to properly optimize the design of the reactor product
- Establishing hands-on familiarity with the prototypic (often non-nuclear) versions of the equipment, materials, fluids, systems called for by the design
Note that if you do decide to perform a reactor experiment, you will likely need to kick off a smaller sub-project that goes through all these phases and then return here for the reactor product after you obtain the necessary information.
Conceptual design
Some expected deliverables from conceptual design are shown in attachment 2 of Conceptual and Preliminary Design Implementation Guidance for National Nuclear Security Administration (NNSA) Capital Line Item Projects
Preliminary design
Some expected deliverables from preliminary design are shown in attachment 3 of Conceptual and Preliminary Design Implementation Guidance for National Nuclear Security Administration (NNSA) Capital Line Item Projects
Detailed design
Construction
Production design
As a reactor product is built and operated, various issues and challenges will inevitably be encountered. The design will be adjusted slightly by the owner as equipment is swapped out or adjusted during maintenance and operation. This evolving design during operation may be called production design. Depending on the severity of the challenges, an updated design may be called for for future units. This may required updating licensing documents and undergoing another round of design certification.
Design Deliverables
An exciting-sounding reactor concept can inspire and motivate a team and investors. It’s useful to chart a path through the design activities and deliverables.
Before you can build and operate a nuclear power plant, you need to design it. You will need to have:
-
An operational and audited nuclear quality assurance program
- Design basis documents proving that the design solutions you’ve specified will
perform as expected in all anticipated operational occurrences and design basis
accidents. Also include best-estimate confirmation that they perform reasonably
even in beyond design basis accidents
- This requires a detailed list of initiating events and analysis of the event trees that happen based on them
- Large seismic events are often challenging to survive and analyze
- If you’re using a nuclear fuel in conditions that don’t have as much experimental basis, you need to perform irradiation testing and transient experiments, e.g. in TREAT
- If you’re using specialized equipment in uncommon conditions, you need to validate its performance in DBA conditions experimentally and fill in the gaps analytically
- It’s a rich tradition to not include enough radiation shielding, leading to rework. Assume 7-9 ft. of dense concrete + multiple layers of 4”-thick lead/tungsten or equivalent for starters.
-
Technical specifications describing the allowable operating parameters for all equipment
-
List of equipment needed with detailed specifications that satisfy the design basis, along with where you will buy it from/who will make it/how much it will cost
-
Process flow diagrams
-
Piping and Instrument diagrams
-
Electrical one-line diagrams
-
Location of concrete embeds
- Manufacturing drawings and detailed specifications for all custom parts in the reactor informed by vendors
in the supply chain (or your internal machinists) who have confirmed that the
parts can be made economically and at the required scale
- Includes fuel. Ensure you have a pathway to get nuclear fuel enriched and fabricated to specification
-
A site and appropriate financing to build on it, and a supportive surrounding community (or no population)
-
Site preparation documents: what roads, train-line, transmission lines, water sources, effluent pathways will you need? Where exactly will they be, how deep do you need to dig down, what capacity do the roads need to have? How will you get equipment to the site?
-
Licenses and permits from all active regulatory bodies in the locality of the site, including international (IAEA), national (NRC, EPA), state, local, and industry (e.g. INPO).
-
Construction procedures describing how to build everything, and in what order. What temporary construction structures and equipment need to be installed/moved/removed, and when?
-
Operating procedures describing how to operate the plant
- Operators trained and licensed on your plant (maybe trained by a training simulator based on the design)
Given all that, you are ready to build!
The pathway taken to get these varies, but it’s common to break the work needed down into several design phases. Everyone has different definitions of the design phases, and there’s no precise definition. But some institutions, like the US DOE, have promulgated guidance that does a pretty good job of listing out the activities and deliverables expected, at least in the Conceptual and Preliminary design phases.