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Nuclear proponent Ernest Moniz in Paris touts Small Reactors

revolving-Moniz-Mini-reactors could crack nuclear industry’s financing problem: Moniz, Reuters, PARIS | BY GEERT DE CLERCQ  11 Dec 15 Mini-versions of current-generation nuclear reactors could be the solution for the industry’s problems in finding financing for new atomic power stations, U.S. Energy Secretary Ernest Moniz said on Wednesday.

The construction of new reactors in developed countries has virtually ground to a halt in recent years…..

“SMRs could lead to better financing terms, because right now there is a big risk premium if you are going to finance a 1200 megawatt nuclear plant,” Moniz told reporters in Paris at the New York Times Energy for Tomorrow conference…..
Moniz said he expects the first SMR concepts will apply to the U.S. Nuclear Regulatory Commission for design certification next year.
shttp://www.reuters.com/article/us-climatechange-summit-nuclear-moniz-idUSKBN0TS2GO20151209#3xYYrAagmvgYXt8L.99

December 12, 2015 - Posted by | politics, USA

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