SMR & Thorium proponents desperately promoting their failed plans to Australia
While the BHP-funded Grattan Institute and a number of other “authoritative” bodies tout Small Modular Nuclear Reactors (SMRs) – powered by Thorium, for Australia, the bottom is falling out of the SMR project. The big firms involved are pulling out. Westinghouse already has. Babcock and Wilcox will be next.
Lobbyists like the USA’s nuclear front group, the Breakthrough Institute, have worked successfully on Australia’s pro nukers to flog off these (so far non-existent) SMRs to Australia. Note that they leave out the word “nuclear”, knowing that this word gives their project a bad smell.
However, – forget the associated bad smells of terrorism targets, proliferation dangers, waste problems that go with these nasty little nuclear reactors.
The biggy is economics. They just don’t stack up economically. (It’s such bad taste to mention this – but reneweable energy does stack up economically. And when you’re talking about small decentralised power sources – well – solar and wind are obviously the go.)
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