Why two loops
The water that flows through the core becomes radioactive, and it could carry traces of fission products if a fuel rod leaked. The heat exchanger passes its thermal energy through the walls of metal tubes to a second, separate supply of water, which never touches the core. Only that clean water, as steam, goes out to the turbine hall.
Why loop 1 does not boil
Its water leaves the core at about 300 °C, but it is kept at about 150 times atmospheric pressure, which raises its boiling point above that. It stays liquid, carries energy well, and keeps moderating the neutrons. Loop 2 is at a much lower pressure, so the same hot coil boils it.
From here on it is an ordinary power station
Steam drives a turbine, which turns a generator (D.4); the steam is condensed and pumped back. The reactor replaces the furnace of a coal or gas station and nothing else. Like them it is a heat engine, with an efficiency of about a third (B.4).
What the shielding stops
Neutrons and gamma rays are both very penetrating. A steel pressure vessel and several meters of concrete surround the core, to protect the people working there and to contain the radioactive material if something goes wrong.
Know the job of each of the four named parts: moderator, control rods, heat exchanger and shielding.
In this design the same water is both coolant and moderator.