Antinuclear

Australian news, and some related international items

Small Nuclear Reactors, like large ones, are out of the question for Australia, due to staggering costs

Insiders and lobbyists freely acknowledge that the nuclear power industry is in crisis and that worldwide decline is certain. But its Australian supporters are unfazed. Their only sideways nod to reality is to argue that even if large, conventional reactors are too expensive, the emerging “small modular reactors” would be a good fit for Australia. 

Again, a reality check is in order. A handful of small reactors is under construction but they have been subject to huge cost overruns and delays. William Von Hoene, senior vice-president of Exelon ‒ the largest operator of nuclear power plants in the US ‒ says that no more large reactors will be built in the US and that the cost of small reactors is “prohibitive”.

Rolls-Royce sharply reduced its small-reactor investment to “a handful of salaries” in 2018 and is threatening to abandon its R&D altogether unless the British government agrees to an outrageous set of demands and subsidies.

 

March 10, 2020 - Posted by | AUSTRALIA - NATIONAL, business

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