Experimental and analytical studies of the crust formation and its effect on the molten pool coolability have been performed to examine the crust formation process as a function of boundary temperatures as well as to investigate heat transfer characteristics between molten pool and overlying water in order to evaluate coolability of the molten pool. The experimental test results have shown that the surface temperature of the bottom plate is a dominant parameter in the crust formation process of the molten pool. It is also found that the crust thickness of the case with direct coolant injection into the molten pool is greater than that of the case with a heat exchanger. Increasing mass flow rate of direct coolant injection to the molten pool does not affect the temperature of molten pool after the crust has been formed in the molten pool because the crust behaves as a thermal barrier. The Nusselt number between the molten pool and the coolant of the case with no crust formation is greater than that of the case with crust formation. The results of FLOW-3D analyses have shown that the temperature distribution contributes to the crust formation process due to Rayleigh-Benard natural convection flow.