NuScale Power ($SMR) Demonstrates Emission Reducing Capabilities of Small Modular Reactors
NuScale Power ($SMR) Demonstrates Emission Reducin…
May 31, 2023
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NuScale Power ($SMR) Demonstrates Emission Reducing Capabilities of Small Modular Reactors
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Small modular reactors were sold as nuclear energy’s game-changer – smaller, faster, cheaper. But NuScale’s Carbon Free Power Project in Idaho tells a brutal different story. America’s most advanced SMR was just cancelled after costs nearly doubled from $3.5 billion to over $9 billion. Here’s what went wrong with the SMR hype. • Most advanced U.S. SMR project cancelled after massive cost explosion • From $3.5B to $9B – how SMRs became MORE expensive than traditional nuclear plants • Why “smaller
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Small modular reactors could make nuclear power much more common than it is today. NuScale Power is the first company to have its SMR design approved by the US government. | CNET
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