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NuScale’s small modular nuclear reactor – ”too late, too expensive, too risky and too uncertain” –  Institute for Energy Economics and Financial Analysis

A small modular reactor (SMR) that NuScale has been developing since the turn of the century is “too late, too expensive, too risky and too uncertain,” according to an analysis of the project by the Institute for Energy Economics and Financial Analysis.

The first-of-its-kind SMR is a serious financial threat to the member communities of the Utah Associated
Municipal Power System that have signed up for a share of its power and to any other communities and utilities thinking about doing so. NuScale has optimistically targeted the cost of power from the new plant at $58 per megawatt-hour (MWh), although some estimates predict costs for the power from new SMRs could reach $200/MWh.

 IEEFA 17th Feb 2022

March 31, 2022 - Posted by Christina Macpherson | business and costs, Small Modular Nuclear Reactors, USA