April 19, 2017 Lattice Energy LLC, Copyright 2017 All rights reserved 1 Contact: 1 - 312 - 861 - 0115 Chicago, Illinois USA [email protected]Lewis Larsen President and CEO April 19, 2017 April 19, 2017 Lattice Energy LLC, Copyright 2017 All rights reserved 1 Lattice Energy LLC Commercializing LENRs as safe source of radiation - free nuclear energy Week of January 24, 2017 - that was when the lights nearly went out in Germany because bad weather slashed wind & solar power Last available reserve fossil power plant was brought online to prevent a catastrophic power blackout
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Lattice Energy LLC - Excessive reliance on renewable energy sources can threaten reliability of electricity grids - April 19 2017
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April 19, 2017 Lattice Energy LLC, Copyright 2017 All rights reserved 1
April 19, 2017 Lattice Energy LLC, Copyright 2017 All rights reserved 17
Baseload and dispatchable generation will always be needed
Nuclear power could be key component in long-term future of energy
✓ Given the inherent variability in power output of renewable CO2-free energy
sources, adequate amounts of baseload and dispatchable power generation
capacity are an unavoidable necessity and key asset for maintaining modern
high-availability electricity grids that provide customers with 99+ % uptime. This
key requirement would continue to exist even if --- sometime in the near future ---
distributed wind and/or solar renewables became substantially less expensivesources than baseload nuclear fission or dispatchable fossil-fueled power plants
✓ From a societal risk management perspective, maintaining adequate baseload
and dispatchable generation capacity would be a cost-effective investment that
could also help prevent an unimaginable economic catastrophe in unlikely event
of a rare “Black Swan” volcanic dust eruption that could sharply reduce both
sunlight and wind speeds on Earth’s surface for months or even several years
✓ Having adequate baseload and dispatchable generation capacity is thus an
invaluable asset in maintaining 99+% reliable electricity grids and national
energy security. It would also be prudent to reduce future CO2 emissions from
power generation. This will eventually happen anyway because at current rates
of consumption, BP estimates that fossil fuels will be exhausted in < 114 years
✓ Nuclear plants can provide baseload and dispatchable power and do not emit
CO2. Like it or not, major expansion of nuclear power generation is probably
inevitable and could be important component in long-term future of power grids
April 19, 2017 Lattice Energy LLC, Copyright 2017 All rights reserved 18
Reliable electric grids require baseload & dispatchable power
Need some % of grid power generation not subject to vagaries of Nature
Grids with 100% renewables not reliable - even with grid-scale flow batteries
✓ Wind and solar power generation technologies, while decreasing greatly in cost,
are inherently intermittent sources of thermal and/or electrical power. Local wind
speeds and intensity of sunlight can vary quite dramatically intra-day or from week
to week. Importantly, presently ongoing climate change, whatever its cause may
be, is making future weather patterns vastly more variable than before, not less
✓ Many naively believe that massive deployment of giant grid-scale flow batteries
could bridge supply-demand gap when weather reduces electricity produced by
renewable energy sources. Well, that strategy might work for a few hours or a day,
but certainly not for days, weeks, or even months. Installing enough grid storage
capacity to insure electricity demand could be fully supplied for long time periods
with little curtailment would be incredibly expensive and grossly uneconomic vs.
less costly alternative grids that also utilize some % of nuclear and/or fossil power
✓ What would be desirable is new type of energy-dense, green power generation
technology that is CO2-free, dispatchable, very scalable from kilowatts to megawatt
-scale baseload systems, and utilizes manufacturing technologies that can exploit
the experience curve effect to further reduce price of electricity for consumers
✓ LENR technology being developed by Mitsubishi Heavy Industries, Toyota, Nissan,
and Lattice Energy could provide new alternative in future power generation mix
April 19, 2017 Lattice Energy LLC, Copyright 2017 All rights reserved 19
Body politics in Germany and Japan reject fission power
What if there was ‘green’ type of nuclear power vastly safer than fission?
April 19, 2017 Lattice Energy LLC, Copyright 2017 All rights reserved 19
Revolutionary ultralow energy neutron reactions (LENRs)
Radiation-free LENRs transmute stable elements to other stable elements
April 19, 2017 Lattice Energy LLC, Copyright 2017 All rights reserved 20
Image credit: co-author Domenico Pacifici
From: “Nanoscale plasmonic interferometers for multispectral, high-throughput biochemical sensing”J. Feng et al., Nano Letters pp. 602 - 609 (2012)
Laura 13
Revolutionary ultralow energy neutron reactions (LENRs)
Radiation-free LENRs transmute stable elements to other stable elements
Fission and fusion Safe green LENRsEvolution of nuclear technology
April 19, 2017 Lattice Energy LLC, Copyright 2017 All rights reserved 20
April 19, 2017 Lattice Energy LLC, Copyright 2017 All rights reserved 21
Entangled particles - Credit: Getty Images
LENRs are only energy technology on foreseeable horizon that
could potentially enable future deep decarbonization of
both electric power generation and transportation
sectors at reasonable total economic $ cost
Future deep decarbonization of both the
electric power generation and transportation sectors
Mitsubishi Heavy Industries, Toyota, and Nissan Motors
now conducting R&D programs and developing LENRs
to someday replace the internal combustion engine
April 19, 2017 Lattice Energy LLC, Copyright 2017 All rights reserved 21
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Comparison of LENRs to fission and fusionFission, fusion, and LENRs all involve controlled release of nuclear binding energy
(heat) for power generation: no CO2 emissions; scale of energy release is MeVs (nuclear regime) > 1,000,000x energy density of chemical energy power sources
Heavy-element fission: involves shattering heavy nuclei to release stored nuclear binding
energy; requires massive shielding and containment structures to handle radiation; major
radioactive waste clean-up issues and costs; limited sources of fuel: today, almost entirely
Uranium; Thorium-based fuel cycles now under development; heavy element U-235 (fissile
isotope fuel) + neutrons complex array of lower-mass fission products (some are very