The German-Canadian nuclear technology company Dual Fluid has published a whitepaper explaining the Dual Fluid technology and its potential to reduce energy costs. The paper focuses on the high efficiency of the new reactor design that can cut today’s electricity or hydrogen costs by half.
Uranium contains millions of times more energy than fossil fuels – but today’s nuclear technology can hardly exploit this potential: 99 percent of mined natural uranium is disposed of unused as nuclear waste. With its novel nuclear reactor, nuclear technology company Dual Fluid aims to radically improve fuel utilization and thus reduce energy prices.
Dual Fluid explains the technology behind this in a new whitepaper available from the company website. In addition to a generally understandable presentation of the operating principle, it also explains the safety concept and the efficiency of the new design. While high efficiency has long been sought on the consumer side, e.g. in electrical appliances, this idea has been lacking on the power-generating side so far. Dual Fluid significantly increases the efficiency of nuclear power. This results in cost advantages: electricity and hydrogen could be produced with Dual Fluid technology at about half the current price.
CEO Götz Ruprecht: “Energy is essential. A modern energy supply must be low-emission, reliable and cost-competitive to enable creativity and growth. New nuclear power that actually uses the full potential of uranium as a fuel can make that possible.” Dual Fluid aims to have a prototype ready by the end of the decade and start series production soon after. This would enable full-scale decarbonization by 2050 while maintaining economic strength and high living standards.
Press contact: Lisa Rass
About Dual Fluid
Dual Fluid is creating an entirely new type of nuclear reactor that
- provides emission-free electricity and hydrogen,
- significantly reduces today’s energy costs,
- burns nuclear waste, and is inherently safe.
Dual Fluid differs from other new nuclear concepts by its high efficiency: the nuclear fuel is utilized up to a hundred times better than in today’s light water reactors. The operating temperature of 1000° C enables new heat applications.
The Dual Fluid operating principle, based on different fluids for fuel and cooling, is described in scientific publications. There is worldwide patent protection, including in the USA, Canada, the EU and Japan.
Dual Fluid Energy Inc. was incorporated as a public company in Vancouver, Canada, in January 2021 to bring the Dual Fluid technology to serial production status. The prototype of a Dual Fluid reactor is to be launched within this decade.