nuclear-news

GE Hitachi group announce contract for grid-scale small nuclear reactor, requiring large taxpayer subsidy .

GE Hitachi and 3 partners announce first commercial contract for grid-scale SMR in North America.Utility Dive 30 Jan 23

Dive Brief:

• An energy and construction partnership announced Friday an agreement to build what it says will be the first grid-scale small modular reactor in North America. Terms were not disclosed.
• GE Hitachi Nuclear Energy, Ontario Power Generation, SNC-Lavalin and Aecon Group signed a contract to deploy a BWRX-300 small modular reactor at OPG’s Darlington New Nuclear Project site in Clarington, Ontario.

…………………………………….. Critics say SMRs, which are advanced nuclear reactors with a power capacity of up to 300 MW(e), according to the International Atomic Energy Agency, are financially feasible only because of large taxpayer subsidies. Detractors also say solar and wind power, which do not produce waste, can be deployed more quickly than SMRs.  https://www.utilitydive.com/news/SMRs-reactor-GE-Hitachi-Ontario-Public-Power-Aecon-Group-nuclear/641483/

January 31, 2023 - Posted by Christina Macpherson | Small Modular Nuclear Reactors, USA