Geoffrey Black, a professor in the Department of Economics, received research funding from the Idaho National Laboratory (INL) for the global market assessment of microreactors to increase carbon-free energy production.
The project focuses on future global microreactor markets and their potential in replacing fossil sources and complementing other low-carbon technologies. Microreactor technology characteristics are matched to potential market sectors like renewables, process heat applications, transportation and shipping by land and sea, remote and isolated applications, federal facilities and islands.
The grant funded a 147-page report titled “Global Market Analysis of Microreactors,” which Black authored with David Shropshire from INL and Kathleen Araújo from the CAES Energy Policy Institute at Boise State. The authors assess the unique capabilities of microreactors and their potential deployment in specific global markets in the 2030-2050 timeframe. More information about their study can be found here.
You can learn more about Black’s research in Focus Magazine.