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The News That Matters about the Nuclear Industry Fukushima Chernobyl Mayak Three Mile Island Atomic Testing Radiation Isotope

Proponents of Small Nuclear Reactors need a reality check – about the STAGGERING COST

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, business and costs, Small Modular Nuclear Reactors

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