Antinuclear

Small Modular Nuclear Reactors (SMRs) still a financial dud

Going nuclear-and small-with new type of reactor, 27 Jan 14 “……….recent report by the Institute for Energy and Environmental Research cast doubt on the idea that SMRs could help revive the nuclear industry.

The think tank said small reactors “still present enormous financial risks,” citing the sector’s tendency to overrun on costs. It said the four reactors under construction were in part subsidized by taxpayers. The report said the mass production of SMRs could require $90 billion, and migrating from reactors to smaller modules “is a financial risk shell game, not a reduction in risk.”

January 27, 2014 - Posted by Christina Macpherson | Uncategorized