The World Economic Forum has partnered with stakeholders across the nuclear ecosystem to develop a Framework to Accelerate the Deployment of Advanced Nuclear and Small Modular Reactors (SMRs). This framework is a tool that can align stakeholders on key actions and strategies within nine priority areas to accelerate deployment. The framework has been co-developed with stakeholders from across the nuclear ecosystem including experts from large energy-consuming industries, financiers, reactor vendors, supply chain businesses, utilities, government organizations, non-profits/NGOs and academia.

The recent International Atomic Energy Agency (IAEA) Bulletin, IAEA's flagship publication, features an article by Eric Ingersoll, Founding Director and Co-CEO of Terra Praxis, and Chirayu Batra, Co-Founder of 92 Ventures, on "The Energy Transition and Industrial Decarbonization" and the urgent need for over 30 terawatts of clean energy to achieve global decarbonization and provide modern energy services to all.

Terra Praxis is glad to have had the opportunity to review this document that the Nuclear Energy Institute just submitted to the Nuclear Regulatory Commission to lay out a predictable and efficient licensing pathway for manufactured reactors. As the document notes, it is critical that the regulation be capable of meeting the requirements of commercial customers.

At Terra Praxis, we are forging commercially viable pathways to Net Zero that will cost-effectively decarbonize hundreds of gigawatts of new and existing assets while sustaining the economic and social benefits that major industrial energy users provide to society. Read our Annual Review to learn how we are setting things in motion.

Founders Pledge is a remarkable organization and donor network that is leading the charge in funding cutting-edge solutions to global challenges often overlooked by mainstream philanthropy and investors. Terra Praxis is grateful and proud to be one of their grantees.

The U.S. Department of Energy has released an information guide for communities considering replacing their retired or retiring coal power plants with nuclear power plants. The guide is based on a technical study that found transitioning from a coal plant to a nuclear one would increase local employment opportunities, create additional higher paying jobs, and spur increased revenues and economic activity in the host community. It also found that, with planning and support for training, most workers at an existing coal plant should be able to transition to work at a replacement nuclear plant.

Terra Praxis welcomes the leadership being demonstrated by Microsoft in recognizing the critical role of advanced nuclear in the clean energy transition. On “Energy Day” at COP28, Microsoft published a comprehensive new policy brief on the vital role of nuclear energy in meeting our clean energy goals. The REPOWER collaboration with Terra Praxis is cited as an example of how Microsoft is working with partners to leverage digital technology to support an inclusive decarbonized energy system.

To accelerate the replacement of unabated coal plants with new, advanced nuclear technologies and to bring about breakthrough nuclear innovations, the Nuclear Innovation: Clean Energy Future initiative (NICE Future) launched a campaign to Research the Impacts on Social Equity and Economic Empowerment (RISE³). Terra Praxis is proud to have contributed to the second volume of the RISE3D journal! This journal provides expert resources alongside a blueprint for countries transitioning to a clean and just energy economy with nuclear innovation as a key pillar.

Terra Praxis both contributed to and is cited in this program which presents a strategic solution to catalyze but not to own the repowering of fossil fuel sites through regulatory innovation. By mitigating regulatory uncertainties and leveraging existing resources, the proposed program will propel the transition towards cleaner and sustainable energy sources, addressing the imminent challenges of energy transition and environmental preservation.

Mainstream energy transition models prioritize cost optimization and overlook critical factors related to the feasibility of building massive amounts of new clean energy infrastructure, including socio-political, cultural, commercial, and financial aspects. These omissions lead to greatly overstating the potential for deployment and create a dangerous gap between the decarbonization pathways proposed and the real world of project development. This, in turn, leads to ill-informed policy targets and inadequate implementation plans.

This brief report, based on work done by the Terra Praxis team since 2018, summarizes analysis of the risks to the clean energy transition in the United States, United Kingdom, Germany, and Japan, and outlines the immediate risks that must be anticipated and mitigated to ensure progress toward a Net Zero future. It also sets out how, by diversifying the portfolio of emissions-free technologies, aligning targets with feasibility analysis, and implementing risk informed strategies, we can mitigate the key risks and help drive a successful transition.

In this article, Belá gives an insightful brief on the important issue of land constraints for clean technology rollout. He makes an emphasis on the fact that If not addressed, this constraint -among others- will put the clean energy transition at risk.

The need to decarbonize the energy sector will leave infrastructure and workers of retired coal-fired power plants behind. From an environmental point of view coal-fired power plants should neither be built nor operated. If these plants are built/operated though, they should be designed in a way that they can be swiftly transformed to provide low-carbon energy. They should be designed to be nuclear-ready.

In March 2022, Terra Praxis published the report “Repowering the Global Coal Fleet By 2050.” This was followed in June 2022 by the launch of the Beautiful Nuclear Campaign which called for REPOWER as one of top 5 priorities for clean energy transition. On November 7-17, 2022 at COP27 in in Sharm El Sheikh, Egypt, Terra Praxis launched REPOWER -- a global Repowering Coal initiative to enable every coal plant owner in the world to assess their coal plant for conversion to clean energy, alongside global climate leaders and partner Microsoft.

This new National Academies of Science, Engineering, and Medicine report discusses how the US could support the successful commercialization of advanced nuclear reactors with near-term actions to establish policies and practices. Kirsty Gogan is a member of the Committee responsible for this report.

In what is probably the most comprehensive recent multinational survey of public attitudes to nuclear energy, the authors find strong public support for advanced nuclear technologies and what they can bring. This report describes a rigorous and objective study, the perceptions and misperceptions people share, and the top ten findings, which collectively lead to the conclusion that “the world wants new nuclear.” Terra Praxis was on the study Advisory Committee.

Widespread impacts from climate change are already here. Our actions in this critical decade will determine the full extent of future impacts on our children and grandchildren. In our 2022 Annual Review, you will see how, with our world-class sustainability partners, Terra Praxis is the only entity designing a scalable, rapid repowering system to decarbonize the entire global coal fleet by 2050. This is how we plan to eliminate one-third of global carbon emissions and provide a method for supplying affordable, reliable, and emissions-free energy to billions of people.

With nearly a quarter of the U.S. coal-fired fleet scheduled to retire by 2029, replacing retiring coal power plants with advanced nuclear, specifically small modular reactors (SMR), has been put forth as a strategy to maintain local employment and economic opportunities for existing energy workers and communities, while simultaneously pursuing national climate goals.

This article presents the results of a techno-economic analysis of repowering a coal-fired power plant’s steam turbine system to instead accept heat produced by a pressurized water reactor-type small modular nuclear system (PWR SMR). This type of repowering presents a challenge due to the significantly lower steam pressure and temperature produced by the nuclear system.

In September 2020, Terra Praxis and LucidCatalyst published the Missing Link to a Livable Climate report. This brief contains its main findings, key messages, and interesting facts on how we can still meet the Paris Goals with proven, ready technology and with no major investments.

US climate change not-for-profit Terra Praxis has proposed repowering 5,000 to 7,000 coal plants globally with SMRs between 2030 and 2050. Whether replacing coal in power plants or supplying industrial processes, SMR reactors have the potential to be installed in a packaged fashion based on standardized designs and processes. This should mean they can be deployed more quickly and with greater certainty over the like of outcomes, costs and regulatory approvals than nuclear power has to date.

Terra Praxis informs a report published by Clean Air Task Force & Environmental Defense Fund.

This white paper by EPRI sheds light on the benefits to repowering coal plants into clean energy generators. Repowering offers many advantages, including the potential to reuse existing site infrastructure, operating and environmental permits, equipment, facilities, and water usage for future clean power generation and energy storage facilities. It can also provide social and economic benefits to the surrounding community through retention of jobs and tax base.

The NICE Future initiative published a digest which showcases examples of leading nuclear produced hydrogen initiatives which can be used to power hard-to-electrify sectors such as transport and heavy industry. Eric Ingersoll and Kirsty Gogan were honoured to contribute both a Foreword and a chapter.

Read this if you want to get a quick and realistic understanding of how SMRs could be a game-changer. This new report from the IAEA, available as a pre-print, is the secretariats' view on SMRs. It talks about three major areas (1) Understanding SMRs (2) What will it take to make SMRs a success and (3) What's next for SMRs. The last chapter provides a comprehensive list of IAEA activities to support the SMR deployment.

This DOE study estimates potential savings for coal plant owners, and benefits for regions: “To replace a large coal plant, nuclear overnight costs of capital could decrease by 15%-35% when compared to greenfield construction, through the reuse of infrastructure. This aligns with Terra Praxis estimates: “Converting plants to run on AMRs will deliver capital cost saving of 28%-35% (compared with new nuclear plant) and 9%-28% reduction in levelized cost of energy.” (WNN, 2022a). This is also consistent with analysis based on Kairos Power SMR design (Bartela et al., 2021), and C2N#3 approach.

Repowering coal plant infrastructure with clean heat sources such as nuclear and geothermal energy is crucial if we want to reach the Paris Goals of Net Zero by 2050. Luckily, several colleagues and organzations are now doing very through analysis to turn this into a reality. This article, written by our colleagues from QuantifiedCarbon (QCL) proposes and analyzes a solution that will enable the flexibility of electricity production of new nuclear energy while avoiding the stranding of existing fossil fuel assets and local job losses.

Terra Praxis informs a report published by LucidCatalyst & ClearPath. Terra Praxis colleagues John Herter and Ian Woodhouse conducted transmission and interconnection queue analysis for this report.

This report examines how nuclear energy can help address the crises of energy and climate. The team acknowledges benefitting from Terra Praxis' work: “the replacement of coal-fired plants with SMRs, such as that of Terra Praxis which aims to prepare standardized and pre-licensed designs supported by automated project development and design tools.” “In today’s context, I believe nuclear power has a unique opportunity to stage a comeback,” said IEA's head Fatih Birol.

Climate change is an energy problem. We only have 28 years to replace fossil fuels and double our overall energy supply. Our programs could accelerate the reduction of global carbon emissions by repurposing trillions of dollars of existing infrastructure to supply clean, affordable, and reliable energy to billions of people. As you reflect on our 2021 Annual Review, we hope you will be as energized as we are by our success in mobilizing a broad coalition of public and private sector leaders and building momentum for innovative climate solutions.

In March 2022, Terra Praxis published the report “Repowering the Global Coal Fleet By 2050.” This was followed in June 2022 by the launch of the Beautiful Nuclear Campaign which called for REPOWER as one of top 5 priorities for clean energy transition. On November 7-17, 2022 at COP27 in in Sharm El Sheikh, Egypt, Terra Praxis launched REPOWER -- a global Repowering Coal initiative to enable every coal plant owner in the world to assess their coal plant for conversion to clean energy, alongside global climate leaders and partner Microsoft.

IAEA Director General and leading experts discuss current issues in nuclear energy in this new book by the IAEA. Our Missing Link report (Missing Link to a Livable Climate: How Hydrogen-Enabled Synthetic Fuels Can Help Deliver Paris Goals) is referenced and discussed in Chapter 6 "The Challenge of Climate Change—Complete Energy Transformation: No Nuclear, No Net Zero," by Tim Stone, and also in Chapter 13 "The Humanitarian Atom: The Role of Nuclear Power in Addressing the United Nations Sustainable Development Goals," by Sama Bilbao y León and John Lindberg.

This article discusses a sustainable low-carbon development strategy that uses nuclear heat sources to replace coal boilers at existing coal power plants in China, to help support a resource and cost-effective low-carbon development. Based on the local situation in China, a three-stage strategy to explore the potential of repowering coal power by nuclear energy is proposed. The main focus of this study is to conduct a more detailed exploration of the 1st stage of this strategy, which includes coal plants located on the coast in regions that already have nuclear power installations.

This excellent report skillfully shows how nuclear energy helps meet all 17 of the United Nations Sustainable Development Goals. No other electricity generation technology can match this diversity of beneficial impacts... The NNWI strongly endorses “Beautiful Nuclear: Driving Deep Decarbonization”. - Tim Yeo, Chair, The New Nuclear Watch Institute and former Chair of the UK Environment Select Committee

Extending the life of the Diablo Canyon Nuclear Power Plant has the potential to help California meet the increasing challenges of climate change by providing clean, safe and reliable electricity, water and hydrogen fuel for Californians, according to this new study by researchers at Stanford University's Precourt Institute for Energy and the Massachusetts Institute for Technology (MIT) Center for Advanced Nuclear Energy Systems. Terra Praxis' Chief Scientist, Justin Aborn performed the analysis in and wrote Chapters 3 and 4.

Superhot rock (SHR) has been called the “holy grail” of geothermal energy—because, in most of the world, SHR could provide competitive, zero-carbon, dispatchable power and support zero-carbon hydrogen fuel production. It is one of the very few high-energy-density, zero-carbon resources that could replace fossil energy around the globe. With significant private and public investment, SHR could plausibly be commercialized within 10-15 years. John Herter and Eric Ingersoll of Terra Praxis contributed to this important Clean Air Task Force (CATF) report.

Urenco published the findings from an independent study that it initiated with Aurora Energy Research to investigate the benefits of deploying both nuclear and renewables in hydrogen production, to support the energy transition and meet UK climate targets. To facilitate rapid decarbonisation and cut dependency on fossil fuels, both nuclear and renewables are needed for power and hydrogen production. The report was supported by the IAEA, EDF and LucidCatalyst.

LucidCatalyst published this Insights Report summary version of the Aurora Energy Research (AER) hydrogen study that concluded that combining nuclear energy and renewables in the UK energy system can eliminate dependence on fossil fuels, lower emissions, and lower the total cost of achieving UK Net Zero.

LucidCatalyst contributed to this ground-breaking new modelling report just published by NNL demonstrating the role nuclear can play in delivering the UK’s net zero goals. This is the first time that such diverse, scalable and low-cost applications for nuclear technologies have been fully represented across the whole energy system.

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Authors Forsberg and Ingersoll write that the viability of nuclear power ultimately depends on economics. The most important factor is an efficient supply chain, including on-site construction practices. This is the basis for the low capital cost of light water reactors from China and South Korea. The design can significantly affect capital cost through its impact on supply chain. The question is, how can advanced reactors boost revenue and reduce cost?

Policymakers of many countries, even those that have taken a more passive approach toward decarbonization, have started to define the dates by which their countries will completely abandon coal as an energy source. On 25 September 2020 Poland decided that it will close its coal plants by 2049, exploring viable techno-economic solutions that meet this policy objective is key to achieving its goals and mission. This paper by our colleagues from QuantifiedCarbon (QCL) studied the retrofit decarbonization of coal units using a low-carbon heat source to an existing brownfield coal site.

Power sector emissions represent the largest source of greenhouse gas emissions globally, and coal-fired power stations are the biggest source of emissions within this sector. To avoid the worst impacts of climate change, rapid decarbonization of coal heavy economies is essential. In this study our colleagues from QuantifiedCarbon (QCL) assess the potential of these strategies as options in a broader general strategy, which we call “retrofit decarbonization” of coal power units.

This article, published in the The Bridge (National Academy of Engineering) describes how the US nuclear sector can shift to standardized products with replicable designs delivered by consistent, experienced suppliers, as demonstrated by experience in other countries.

Our report shows that it’s not too late to still meet the Paris goals — but only if we are prepared to make major investments in clean hydrogen production. There is simply no other way to make the numbers add up — this truly is the missing link we need to maintain a livable climate on this planet.

Energy Systems Catapult has just released the full technical report from the Energy Technologies Institute Nuclear Cost Drivers (ETI NCD) project by LucidCatalyst. This report demonstrates a credible path for nuclear energy to become a competitive Net Zero solution alongside renewables.

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The LucidCatalyst team was honored to be invited to write both the NGO Foreword (with Energy for Humanity and ClearPath Foundation) as well as a dedicated chapter in the report focused on flexible advanced reactors in future energy grids and innovative new hydrogen production facilities.

LucidCatalyst is providing support and staffing for the Flexible Nuclear Campaign led by Energy For Humanity (EFH), EON, and National Renewable Energy Laboratory (NREL), which is a campaign of the NICE Future Initiative of the Clean Energy Ministerial.

This was a contribution to the International Atomic Energy Agency's Bulletin. The Clean Energy Ministerial Flexible Nuclear Campaign co-founded by Kirsty Gogan and Eric Ingersoll explores the expanded role that nuclear energy can play in de-risking the energy transition. Here, we describe two opportunities to drive deeper decarbonization with nuclear energy: 1) expand role of nuclear energy in electricity production through a combination of advanced reactors and thermal energy storage to complement renewables in future energy grids; 2)  address the use of oil and gas by providing large-scale, low-cost hydrogen produced with nuclear power.

In 2018 LucidCatalyst led the Energy Technologies Institute (ETI) Nuclear Cost Drivers Study (NCD) suggesting that UK nuclear new build has very significant cost and risk reduction potential. The 30% Cost Reduction Working Group therefore commissioned LucidCatalyst to apply the insights gained in the ETI NCD Study to produce this short report.

A new study by LucidCatalyst for the ARPA-E MEITNER program is the first to derive the highest allowable capital cost for advanced reactors across four of the major power markets in the US in 2034. Advanced reactors that cost less than $3,000/kW will be attractive investments, and create the most value for plant owners. The study shows how advanced reactors can complement wind and solar. Together, these technologies drive down costs, reduce emissions, and improve performance in future U.S. electricity grids.

LucidCatalyst and its partners created this report for the European Commission Technical Expert Group on Sustainable Finance, as well as for the international investment and financing community, to help them fairly and robustly evaluate the overall sustainability of nuclear energy as an investment. Our central finding is that nuclear energy is a sustainable energy investment.

This report is a culmination of meetings and effort from Partnership for Global Security and the Nuclear Energy Institute under the Global Nexus Initiative. Advanced nuclear reactors, the smaller, flexible, and innovative nuclear technologies of the future, are rising in importance as the global community grapples with the vital challenges of cutting carbon emissions, supporting the global demand for electric power, and ensuring the continued peaceful use of nuclear energy in the 21st century. LucidCatalyst contributed.

Kirsty Gogan contributed to this report, which focuses on the role of nuclear power in advanced economies and the factors that put nuclear power at risk of future decline. It is shown that without action, nuclear power in advanced economies could fall by two-thirds by 2040. The implications of such a “Nuclear Fade Case” for costs, emissions and electricity security using two World Energy Outlook scenarios – the New Policies Scenario and the Sustainable Development Scenario are examined.

The UK’s Nuclear Innovation & Research Advisory Board (Nirab) has recommended that the UK Government should consider investing up to GBP1 billion (USD1.3 billion) between 2021 and 2025 to boost the progress of innovation in the nuclear energy sector.

A fresh look at nuclear, given advances in inherently safer technologies, a sharpened focus on the need to reduce CO2 emissions in the energy sector, and challenges of cost and public perceptions of safety. LucidCatalyst's Eric Ingersoll and Andrew Foss contributed.

This publication describes an evidence-based design process and manufacture-led construction approach using standardized and repeatable components that could be replicated as an approach across a range of horizontal infrastructure projects in the transport and utilities sectors. Terra Praxis is partnering with Bryden Wood to design a standardized design for repowering coal plants.

Advanced nuclear technologies represent a dramatic evolution from conventional reactors in terms of safety and nonproliferation, and the cost estimates from some advanced reactor companies—if accurate—suggest that these technologies could revolutionize the way we think about the cost, availability, and environmental consequences of energy generation. Comparing the cost of future nuclear technologies to current designs (or other generation technologies) requires capturing cost data for advanced nuclear plants in a standardized, comprehensive manner. Using the plant cost accounting framework developed by the Generation IV International Forum, LucidCatalyst and EON created a cost model for this study that includes all potential cost categories for an nth- of-a-kind (NOAK) nuclear plant.

This guide is designed to help guide informed decision-making around some of the big questions and concerns about nuclear energy. LucidCatalyst's Kirsty Gogan, a contributor, said: “Our response to climate change today will have far-reaching implications for our children. Our decisions must be based on the best available evidence. We need to go beyond wishful thinking and crunch the numbers properly if we are to succeed globally in making a rapid and meaningful transition from fossil fuels. Robust information and sound analysis are as important as following our hearts.”