X-Energy Company Market Research Report
Company Overview
Name: X Energy, LLC
Mission of the Company:
- "Advanced Nuclear Energy to Empower Earth"
When was the company founded and by whom:
- No information is available.
Key People in the Company:
- Founder & Executive Chairman: Dr. Kam Ghaffarian
- Chief Executive Officer: J. Clay Sell
- Senior Vice President, ARDP Project Director: Harlan Bowers
- Vice President, Regulatory Affairs and Licensing: Robert M. Taylor
- Vice President, Reactors: Thomas Nixon
- Senior Vice President, Chief Scientist: Eben Mulder, PhD
- Vice President, Projects: Carol Tansley
- Vice President, Global Business Development: Benjamin Reinke, PhD
Where is the company headquartered:
- 530 Gaither Road, Suite 700, Rockville, MD 20850, USA
Number of employees:
- No information is available.
Revenue of the company:
- No information is available.
What is the company known for:
- X-Energy is known for the development of high-temperature gas-cooled nuclear reactors and the proprietary TRISO-X fuel.
Products
Xe-100
High-level Description:
- The Xe-100 is a Generation-IV high-temperature gas-cooled reactor (HTGR) known for its balance of sustainability, economics, reliability, and safety.
Key Features:
- 220,000 graphite pebbles with TRISO particle fuel.
- High-temperature tolerant graphite core structure.
- ASME compliant reactor vessel, core barrel, and steam generator.
- Designed for a 60-year operational life.
- Flexible application for electricity and/or process heat.
- Online refueling with 95% plant availability.
- High burn-up fuel cycle (160 GWd/tHM).
- Thermal Output: 200 MW
- Electric Output: 80 MW
- Helium Temperature: 750°C
- Helium Pressure: 6 MPa
- Steam Temperature: 565°C
- Steam Pressure: 16.5 MPa.
Xe-Mobile
High-level Description:
- A factory-built and fueled mobile micro reactor designed for remote locations and micro-grids.
Key Features:
- Rail, truck, and sea transport compatibility.
- Housed in cargo containers.
- Can operate at full power for more than 3 years.
- Utilizes TRISO fuel.
- Produces 2-7 MWe of electrical power.
- Provides multiple voltage outputs.
- Designed for rapid deployment and semi-autonomous operation.
TRISO-X Fuel
High-level Description:
- TRISO-X is a proprietary version of TRISO particle fuel that is ultra-safe and high-performing, used in advanced nuclear reactors for enhanced safety and efficiency.
Key Features:
- Resistant to very high temperatures and cannot melt.
- Uses high assay low enriched uranium (HALEU).
- Enables passive safety systems and smaller reactor footprints.
- Patent-protected to ensure supply, improve quality, and reduce costs.
- TRISO-X particle acts as its own containment vessel.
- Employs advanced manufacturing processes for higher yields and quality.
Recent Developments
New Roles and Appointments:
- Robert M. Taylor appointed as Vice President of Regulatory Affairs and Licensing on Aug 26, 2024.
Awards and Investments:
- Awarded $148.5 million Investment Tax Credit for constructing the first-of-a-kind TRISO-X Fuel Fabrication Facility on Apr 23, 2024.
- UK Government selected X-energy and Cavendish Nuclear for the first Advanced Modular Reactor Award for Future Nuclear Enabling Fund on Apr 4, 2024.
- Partnered with TransAlta to study the deployment of advanced small modular nuclear reactors in Alberta through Emissions Reduction Alberta Award on Apr 2, 2024.
Strategic Partnerships:
- Dow's Seadrift, Texas operations site to deploy the Xe-100 advanced small modular reactor (ARDP Program).
- Cavendish Nuclear, Kier Group, Sheffield Forgemasters, and Nuclear Advanced Manufacturing Research Centre for the UK deployment plans.
Facilities and Deployment:
- Construction activity began for North America’s first commercial advanced nuclear fuel facility in Oak Ridge, Tennessee.
- Plant Support Center opened in Frederick, MD.
New Products and Features:
- Unveiled new Plant Support Center for training operators of the Xe-100 advanced small modular reactor.
__Note__: This report contains information available from the provided data. Specific details such as the founder and the exact revenue have not been provided in the data input. Further information may require direct contact with company representatives.