SPS overview: Requirements, alternatives, and reference system

Basic requirements for the SPS were established. The SPS is considered to be nondepletable with a large positive energy payback over its useful life, capable of base-load operation with no fundamental constraints on capacity. It is compatible with power grids, economically competitive and environmentally acceptable. It should not make excessive use of critical resources, and should be capable of development with reasonable cost, time, and risk. Several of the power generation options and equipment considered are discussed. The reference set of efficiencies defined to represent goals for each step in the power conversion-transmission-reception chain is also described.