nuclear-news

Small nuclear reactor industry in big trouble?

From STOP SMALL MODULAR REACTORS IN CANADA 12 July 23

2 Mycle Schneider, who produces the World Nuclear Industry Status Report (WNISR) says that the recent announcements by the Ontario government about new nuclear reactors at Darlington and Bruce amount to “a mixture of tech fantasy and collective denial of the state of the industry.” 

He gave evidence to the Belgian Parliament on SMRs on 20 June 2023, following a first hearing on 30 May 2023. Six of ten presentations were given by technology providers, one by a former administrator of the French Alternative Energies and Atomic Energy Commission (CEA), one by an International Energy Agency representative, and one by a Dutch ex-government “expert” — a very open, balanced panel – sound familiar?

All ten presentations – including Mycle’s – are available in one volume here. Most are in English. He says they provide “useful documentation on current SMR strategies. NuScale and Rolls Royce were invited but did not show up. Maybe NuScale did not feel like coming… When it became public that the NuScale CFO has sold most of his shares, their value on the stock market plunged even further. 

The videos of the hearings, including Q&A are here and here. 

July 14, 2023 - Posted by Christina Macpherson | business and costs, Canada, Small Modular Nuclear Reactors