It is expected that Lightbridge's all-metal fuel technology could be applied to currently operating or new light water reactors as well as small modular reactors which provide the same benefits as in larger commercial nuclear power plants. It is also highly synergistic with fast reactor fuel designs.
One of the key benefits of the Lightbridge-designed all-metal fuel technology is a potential 30% increase in power output per reactor compared to reactors using standard oxide nuclear fuel. This could translate into additional revenue for a 1,600-MWe light water reactor of up to $250 million or more per year, or nearly $16 billion over a 60-year expected lifetime of such reactors. This increased power output is expected to lower operating costs on a per kilowatt-hour basis and strengthen the economics of nuclear power versus other forms of power generation. In addition, currently operating light water reactors could also take advantage of this power uprate by switching to Lightbridge's all-metal fuel design.
The Lightbridge-designed all-metal fuel design would provide enhanced proliferation resistance and result in up to 23% less volume of used fuel per kilowatt-hour of electricity generated and is expected to have improved fuel operation compared to standard oxide fuel.
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