GEN4 Energy Team Awarded Advanced Reactor R&D Grant Two year project will develop models to predict natural circulation flow in next generation reactors Business Wire DENVER -- November 13, 2013 Gen4 Energy, Inc. has formally been notified that its team has been awarded a two year grant from the Department of Energy to conduct research and develop natural circulation designs for advanced nuclear reactors that utilize a lead bismuth coolant. Investment in advanced nuclear reactors is part of the Obama Administration’s all-of-the-above strategy to accelerate clean energy leadership, enable a low-carbon economy, cut carbon pollution, and support the President’s plan to spark innovation across a wide variety of energy technologies including emerging nuclear technologies. Gen4 Energy has assembled a strong University, National Laboratory and commercial team that includes: MIT and the University of South Carolina, Los Alamos National Laboratory and the Idaho National Laboratory, URS Corporation, and SRS USA LLC (a subsidiary of SRS Servizi di Ricerche e Sviluppo). Bob Prince, CEO of GEN4 Energy said, “We are very pleased that DOE has selected the Gen4 Energy team. A thorough understanding of natural circulation flow is a critical R&D priority as several advanced reactor concepts, including the Gen4 reactor, use it as a key safety measure. The transition to natural circulation flow is necessary to safely remove decay heat from the reactor in the event pumping power is lost to the reactor core. This project will develop computer models that will help us visualize natural circulation flow and integrate it into safe, reliable next generation advanced nuclear reactor designs.” Gen4 Energy, based in Denver, Colorado, was founded in 2007, to develop an advanced design nuclear reactor referred to as the Gen4 Module (G4M). The G4M produces 25 MW of electricity to power remote mining or oil and gas operations, large government complexes, and isolated and island communities. The design intent for the G4M is to provide safe and reliable power that is available 24/7, emitting no greenhouse gasses, and operates for 10 years without refueling. It is planned to be manufactured in a factory, transported to the installation site completely sealed, and after its useful life replaced with an entirely new power module. Contact: Gen4 Energy, Inc. Paul Brienza, 303-495-5043 Info@gen4energy.com www.Gen4energy.com
GEN4 Energy Team Awarded Advanced Reactor R&D Grant
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