This paper focuses on thermal-design options of a new pressure channel for SuperCritical Water-cooled Reactors (SCWRs). The objectives of this paper are to estimate heat losses from the coolant to the moderator for a preliminary fuel-channel design and to investigate effects of the insulator thickness and moderator pressure on the overall heat losses. In order to fulfill the objectives, the heat losses for an existing reactor were calculated and compared with available values from open literature. These calculations became the basis for calculation of the heat loss for the chosen new fuel-channel design. MATLAB, and NIST REFPROP software were utilized for programming and calculation of thermo-physical properties as needed, respectively. Heat losses for different thicknesses of the ceramic insulator were calculated. These calculations showed that the heat losses for the optimum thickness of insulator, which was calculated to be 7 mm, were about 31 MW. In current CANDU reactors the operating pressure of the moderator is close to the atmospheric pressure; higher operating pressures will allow operation of the moderator at higher temperature while preventing occurrence of boiling in the calandria vessel. Higher moderator temperatures will results in a lower temperature difference between the coolant and the moderator, hence reducing the heat sink from the coolant to the moderator. The effect of the moderator pressure on the heat loss was investigated, which showed that the heat loss can be reduced by increasing the operating pressure of the moderator by approximately 1 MW per 0.1 MPa increase in pressure.