In the paper we present the Monte Carlo modelling by the means of the Monte Carlo Continuous Energy Burn-up Code of the 17x17 Pressurized Water Reactor fuel assembly designed according to the Radkowsky Thorium Fuel concept. The design incorporates the UO2 seed fuel located in the centre and (Th,U)O2 blanket fuel located in the peripheries of fuel assembly. The high power seed region supplies neutrons for the low power blanket region and thus induces breeding of fissile 233U from fertile 232Th. The both regions are physically separated and thus this approach is also known as either the heterogonous approach or the Seed-Blanket Unit. In the numerical analysis we consider the time evolutions of infinite neutron multiplication factor, axial/radial power density profile, 233U, 235U and 232Th.
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