A New Path towards Sustainable Energy Transition: Techno-Economic Feasibility of a Complete Hybrid Small Modular Reactor/Hydrogen (SMR/H2) Energy System

Nikolaos Chalkiadakis (), Emmanuel Stamatakis, Melina Varvayanni, Athanasios Stubos (), Georgios Tzamalis and Theocharis Tsoutsos ()
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Nikolaos Chalkiadakis: Renewable and Sustainable Energy Lab, School of Chemical & Environmental Engineering, Technical University of Crete, 73100 Chania, Greece
Emmanuel Stamatakis: Institute of Geoenergy/Foundation for Research and Technology—Hellas (IG/FORTH), 73100 Chania, Greece
Melina Varvayanni: NCSR ‘Demokritos’, Agia Paraskevi, 15341 Athens, Greece
Athanasios Stubos: NCSR ‘Demokritos’, Agia Paraskevi, 15341 Athens, Greece
Georgios Tzamalis: NCSR ‘Demokritos’, Agia Paraskevi, 15341 Athens, Greece
Theocharis Tsoutsos: Renewable and Sustainable Energy Lab, School of Chemical & Environmental Engineering, Technical University of Crete, 73100 Chania, Greece

Energies, 2023, vol. 16, issue 17, 1-20

Abstract: Small m?dular reactors (SMRs) are nuclear reactors with a smaller capacity than traditional large-scale nuclear reactors, offering advantages such as increased safety, flexibility, and cost-effectiveness. By producing zero carbon emissions, SMRs represent an interesting alternative for the decarbonization of power grids. Additionally, they present a promising solution for the production of hydrogen by providing large amounts of energy for the electrolysis of water (pink hydrogen). The above hint at the attractiveness of coupling SMRs with hydrogen production and consumption centers, in order to form clusters of applications which use hydrogen as a fuel. This work showcases the techno-economic feasibility of the potential installation of an SMR system coupled with hydrogen production, the case study being the island of Crete. The overall aim of this approach is the determination of the optimal technical characteristics of such a system, as well as the estimation of the potential environmental benefits, in terms of reduction of CO 2 emissions. The aforementioned system, which is also connected to the grid, is designed to serve a portion of the electric load of the island, while producing enough hydrogen to satisfy the needs of the nearby industries and hotels. The results of this work could provide an alternative sustainable approach on how a hydrogen economy, which would interconnect and decarbonize several industrial sectors, could be established on the island of Crete. The proposed systems achieve an LCOE between EUR 0.046/kWh and EUR 0.052/kWh while reducing carbon emissions by more than 5 million tons per year in certain cases.

Keywords: small modular reactors; pink hydrogen; decarbonization (search for similar items in EconPapers)
JEL-codes: Q Q0 Q4 Q40 Q41 Q42 Q43 Q47 Q48 Q49 (search for similar items in EconPapers)
Date: 2023
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

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