NGNP Alliance receives DOE contract

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NGNP Alliance receives DOE contract

Below, a press release from NGNP Alliance.

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January 24, 2013

CONTACTS:

Don Halter (281) 293-5793

Fred Moore (313) 680-5775

NGNP Industry Alliance Limited Awarded DOE Contract for High Temperature

Gas-cooled Reactor (HTGR) Technologies Analysis and Studies

Ridgeland Miss. –

The U.S. Department of Energy has awarded $1 million to the NGNP

Industry Alliance Limited for a 50/50 cost shared contract (plus follow-on options) to

continue business and economic analysis for using HTGR technologies and expanding

the nuclear energy footprint from electricity production into the process heat and steam

industry.

The HTGR can be deployed for numerous purposes including: highly efficient electric

power generation; cogeneration of thermal energy and electricity at petrochemical and

other processing facilities; and steam generation for oil sands recovery operations.

Don Halter, the Executive Director of the NGNP Industry Alliance said “We are very

excited about continuing to work in partnership with the DOE on advanced energy

opportunities while making a solid case for what we believe to be the nuclear technology

for the future and a safe and clean energy option for generations to come.”

BACKGROUND

The NGNP Industry Alliance is an international consortium of firms aligned to promote

the development of high temperature gas-cooled reactor technology (“HTGR”) and

membership is growing. In 2012, The Alliance identified and selected the HTGR

technology that fits industry needs and has implemented a plan to move forward. The

Alliance is currently comprised of potential end users, owner operators and technology

companies including: Savannah River Site Community Reuse Organization (SRSCRO)

and the Advanced Research Center (ARC), AREVA, ConocoPhillips, Dow Chemical,

Entergy, Graftech International Ltd., Mersen, Petroleum Technology Alliance Canada,

SGL Group, Technology Insights, Toyo Tanso Co. Ltd., and Westinghouse.

High Temperature Gas Cooled Reactor (HTGR) technology, built on a multi-decade

development history, brings with it unique operating characteristics that provide a

compelling case for its commercialization today including: a) substantially higher

operating temperatures than light water reactors resulting in broader applications than just

electricity production; b) unparalleled intrinsic safety ensuring no substantial releases

even in worst case scenarios and enabling co-location with industrial processes; c)

competitive economics with natural gas for the production of process heat in most

regions of the world today; d) a modular design allowing very high levels of reliability;

and e) a size equivalent to small gas turbine/steam turbine plant making it suitable for a

wide range of applications and distributed energy generation.

For more information, go to: http://www.ngnpalliance.org