Buyer beware: NuScale tries a new way to get funding for its small nuclear reactor plan

An Oregon company is going public to raise money for nuclear power ambitions, OPD, 15 Dec 21,
……………NuScale, headquartered in the Portland suburb of Tigard, will go public by merging with what’s known as a special purpose acquisition company, or SPAC. The company, Spring Valley Acquisition Corporation, is already publicly traded. Such mergers have recently gained popularity on Wall Street by allowing private companies the option to go public without the costs or risks associated with the more conventional initial public offering, or IPO.
Other Oregon businesses like the vacation rental company Vacasa and battery manufacturer ESS Tech have also gone public by merging with so-called “blank check” companies. In each of those cases, some investors pulled out when news of the mergers dropped, leaving each company with less money than they’d initially hoped……………
Dr Jim Green dissects the hype surrounding Small ”Modular” Nuclear Reactors

Nuclear power’s economic failure, Ecologist, Dr Jim Green, 13th December 2021 Small modular reactors
Small modular reactors (SMRs) are heavily promoted but construction projects are few and far between and have exhibited disastrous cost overruns and multi-year delays.
It should be noted that none of the projects discussed below meet the ‘modular’ definition of serial factory production of reactor components, which could potentially drive down costs.
Using that definition, no SMRs have ever been built and no country, company or utility is building the infrastructure for SMR construction.
In 2004, when the CAREM SMR in Argentina was in the planning stage, Argentina’s Bariloche Atomic Center estimated a cost of US$1 billion / GW for an integrated 300 MW plant (while acknowledging that to achieve such a cost would be a “very difficult task”).

Now, the cost estimate for the CAREM reactor is a mind-boggling US$23.4 billion / GW (US$750 million / 32 MW). That’s a truckload of money for a reactor with the capacity of two large wind turbines. The project is seven years behind schedule and costs will likely increase further.
Russia’s floating plant
Russia’s floating nuclear power plant (with two 35 MW reactors) is said to be the only operating SMR anywhere in the world (although it doesn’t fit the ‘modular’ definition of serial factory production).
The construction cost increased six-fold from 6 billion rubles to 37 billion rubles (US$502 million).
According to the OECD’s Nuclear Energy Agency, electricity produced by the Russian floating plant costs an estimated US$200 / MWh, with the high cost due to large staffing requirements, high fuel costs, and resources required to maintain the barge and coastal infrastructure.

The cost of electricity produced by the Russian plant exceeds costs from large reactors (US$131-204) even though SMRs are being promoted as the solution to the exorbitant costs of large nuclear plants.
Climate solution?
SMRs are being promoted as important potential contributors to climate change abatement but the primary purpose of the Russian plant is to power fossil fuel mining operations in the Arctic.
A 2016 report said that the estimated construction cost of China’s demonstration 210 MW high-temperature gas-cooled reactor (HTGR) is about US$5 billion / GW, about twice the initial cost estimates, and that cost increases have arisen from higher material and component costs, increases in labour costs, and project delays.
The World Nuclear Association states that the cost is US$6 billion / GW.
Those figures are 2-3 times higher than the US$2 billion / GW estimate in a 2009 paper by Tsinghua University researchers.
China reportedly plans to upscale the HTGR design to 655 MW but the Institute of Nuclear and New Energy Technology at Tsinghua University expects the cost of a 655 MW HTGR will be 15-20 percent higher than the cost of a conventional 600 MW pressurised water reactor.
HTGR plans dropped
NucNet reported in 2020 that China’s State Nuclear Power Technology Corp dropped plans to manufacture 20 HTGR units after levelised cost of electricity estimates rose to levels higher than a conventional pressurised water reactor such as China’s indigenous Hualong One.
Likewise, the World Nuclear Association states that plans for 18 additional HTGRs at the same site as the demonstration plant have been “dropped”.
In addition to the CAREM reactor in Argentina and the HTGR in China, the World Nuclear Association lists just two other SMR construction projects.
In July 2021, China National Nuclear Corporation (CNNC) New Energy Corporation began construction of the 125 MW pressurised water reactor ACP100.
According to CNNC, construction costs per kilowatt will be twice the cost of large reactors, and the levelised cost of electricity will be 50 percent higher than large reactors.
Fast reactor
In June 2021, construction of the 300 MW demonstration lead-cooled BREST fast reactor began in Russia.
In 2012, the estimated cost for the reactor and associated facilities was 42 billion rubles; now, the estimate is 100 billion rubles (US$1.36 billion).
Much more could be said about the proliferation of SMRs in the ‘planning’ stage, and the accompanying hype.
For example a recent review asserts that more than 30 demonstrations of different ‘advanced’ reactor designs are in progress across the globe.

In fact, few have progressed beyond the planning stage, and few will. Private-sector funding has been scant and taxpayer funding has generally been well short of that required for SMR construction projects to proceed.
Subsidies

Large taxpayer subsidies might get some projects, such as the NuScale project in the US or the Rolls-Royce mid-sized reactor project in the UK, to the construction stage.

Or they may join the growing list of abandoned SMR projects:
* The French government abandoned the planned 100-200 MW ASTRID demonstration fast reactor in 2019.
* Babcock & Wilcox abandoned its Generation mPower SMR project in the US despite receiving government funding of US$111 million.
* Transatomic Power gave up on its molten salt reactor R&D in 2018.
* MidAmerican Energy gave up on its plans for SMRs in Iowa in 2013 after failing to secure legislation that would require rate-payers to partially fund construction costs.
* TerraPower abandoned its plan for a prototype fast neutron reactor in China due to restrictions placed on nuclear trade with China by the Trump administration.
* The UK government abandoned consideration of ‘integral fast reactors’ for plutonium disposition in 2019 and the US government did the same in 2015.
Hype
So we have a history of failed small reactor projects.
And a handful of recent construction projects, most subject to major cost overruns and multi-year delays.
And the possibility of a small number of SMR construction projects over the next decade.
Clearly the hype surrounding SMRs lacks justification.
Moreover, there are disturbing, multifaceted connections between SMR projects and nuclear weapons proliferation, and between SMRs and fossil fuel mining.
Hype cycle
Dr Mark Cooper connects the current SMR hype to the hype surrounding the ‘nuclear renaissance’ in the late 2000s:
“The vendors and academic institutions that were among the most avid enthusiasts in propagating the early, extremely optimistic cost estimates of the “nuclear renaissance” are the same entities now producing extremely optimistic cost estimates for the next nuclear technology. We are now in the midst of the SMR hype cycle.
* Vendors produce low-cost estimates.
* Advocates offer theoretical explanations as to why the new nuclear technology will be cost competitive.
* Government authorities then bless the estimates by funding studies from friendly academics.” ………………. https://theecologist.org/2021/dec/13/nuclear-powers-economic-failure
Analysis: Small Modular Reactors Are Decades Away. That Suits the Fossil Lobby Just Fine.

Perhaps it is no coincidence that the fossil fuel lobby in all three countries is keen to support nuclear power as “one of the answers to climate change.” Unlike renewables that can be deployed quickly, new nuclear power is decades away, providing breathing space for a dying industry to go on exploiting fossil fuels while nuclear power plants are built.
Analysis: Small Modular Reactors Are Decades Away. That Suits the Fossil Lobby Just Fine. https://www.theenergymix.com/2021/12/01/analysis-small-modular-reactors-are-decades-away-that-suits-the-fossil-lobby-just-fine/December 1, 2021
Primary Author: Paul Brown @pbrown4348 Media outlets and the energy journalists employed by them seem to have lost their critical faculties when it comes to writing about small modular nuclear reactors (SMRs), according to critics who think the industry has no hope of delivering on its promises to build a new generation of power stations.
In the build-up to the climate talks at COP 26 in Glasgow, through the negotiations and afterwards, small modular reactors were repeatedly discussed enthusiastically in newspaper articles, government announcements, and by the nuclear industry.
In every article or press release these reactors, which in the UK have yet to leave the drawing board, were touted as a vital part of Britain’s efforts to reach zero emissions by 2050. The same treatment has been given to similar plans in Canada, France, and the United States.
Oil Price reported Rolls Royce, the British engineering giant, was “breathing life back into the nuclear industry” by promising the first reactor in operation by the early 2030s and 10 by 2035.
After months of hype, having been given £210 million of British government money and raised £250 million from private investors, Rolls Royce has finally applied to the UK licencing authority to have its design approved so construction can begin.
Rolls-Royce SMR has been established to deliver a low-cost, deployable, scalable, and investable program of new nuclear power plants,” said CEO Tom Samson. “Our transformative approach to delivering nuclear power, based on predictable factory-built components, is unique, and the nuclear technology is proven. Investors see a tremendous opportunity to decarbonize the U.K. through stable baseload nuclear power, in addition to fulfilling a vital export need as countries identify nuclear as an opportunity to decarbonize.”
Meanwhile, campaigners and climate policy specialists at the Glasgow talks were looking for fast, deep cuts in carbon emissions before 2030, to enable the planet to have a chance of staying below 1.5°C. They cast Rolls-Royce’s plans, which have been re-announced repeatedly over several months, as another prime example of “greenwash” or “kicking the can down the road.”
Nor did campaigners at Glasgow miss the fact that Britain, Canada, and the United States, the three countries with most enthusiasm for small modular reactors, have something else in common: Their wish to go on extracting oil and gas that scientists say needs to be kept in the ground if the 1.5°C limit is not to be breached.
Perhaps it is no coincidence that the fossil fuel lobby in all three countries is keen to support nuclear power as “one of the answers to climate change.” Unlike renewables that can be deployed quickly, new nuclear power is decades away, providing breathing space for a dying industry to go on exploiting fossil fuels while nuclear power plants are built.
Jonathon Porritt, chair of the U.K.’s Sustainable Development Commission between 2000 and 2009 and founder member of Forum for the Future, is scathing about the plans of the U.K. government and Rolls Royce.
He says taking the SMR through the Generic Design Assessment process takes at least four years, more likely five, and even if it passes it will take years to build, given the need to find sites and seek planning permission amid likely public opposition.
To be generous, Porritt said, it would be 2035 before the first was commissioned, let alone the five to 16 reactors Rolls Royce wants to build.
“It is therefore of zero benefit in terms of meeting the (British) government’s own target of a 78% reduction in greenhouse gas emissions by 2035,” he said. “It doesn’t matter how many times ministers bang this particular drum, or how many times deplorably gullible journalists in the BBC, Financial Times, Times, and the Daily Telegraph suck it all up. Moonshine is still moonshine.”
“It’s all such a pathetic waste of time—and of taxpayers’ money,” he added. “Whatever the time scale, SMRs will never compete with renewables plus storage.”
Porritt went on to discuss tidal stream energy using undersea turbines rather like wind turbines, which two British companies are developing with some success, and the even greater potential of using the tidal range—the height difference between low and high tide—to generate electricity to generate electricity through traditional turbines. Since Britain has the second-highest tides in the world after Canada and is surrounded by the sea, it has huge potential—but is ignored by the U.K. government.
“If our government was genuinely serious about energy security (instead of finding ways of propping up Rolls-Royce to support our nuclear weapons program), tidal power would be top of its list,” Porritt concluded.
Not all publications, however, agree with the mainstream British press about nuclear power. Under the headline “Nuclear Power Won’t Save the World—It Won’t Even Help”, published in the Green Energy Times, climate writer and retired computer engineer George Harvey said the cost estimates and timetables for nuclear power were never realistic.
“All told, we might say that putting money into nuclear power goes beyond being a monumental waste,” he wrote. “It detracts from the overarching issue of dealing with climate change by making that money unavailable for dealing with the problem using less expensive, more reliable energy that can be built far more quickly.”
New Name- Same Scam. NuScale small nuclear reactors become ‘VOYGR”, universities co-opted.

NuScale SMR plants become VOYGR 03 December 2021,
NuScale Power’s small modular reactor (SMR) power plants are to be named VOYGR, the company has announced. The company is working towards commercialising the technology and aims to be ready to deliver the first VOYGR plant to public power consortium Utah Associated Municipal Power Systems’ Carbon Free Power Project by the end of the decade………
UAMPS earlier this year said it expects to submit a combined licence application for the Carbon Free Power Project – currently envisaged as a six-module plant – to the NRC in 2024. The plant is to be located on a site at the US Department of Energy’s (DOE’s) Idaho National Laboratory…….
Training centre

NuScale has now opened a third university-based centre to provide training and outreach opportunities through simulated, real-world nuclear power plant operation scenarios. The NuScale Energy Exploration (E2) Center, opened in collaboration with the Texas A&M Engineering Experiment Station, is at the Center for Advanced Small Modular and Micro Reactors located in College Station, Texas, and uses state-of-the-art computer modelling within a simulation of the control room of a 12-unit NuScale power plant control.
Previous E2 Centers were opened at Oregon State University, in November 2020, and at the University of Idaho, in August 2021. The centres are supported by a 2019 DOE grant to broaden the understanding of advanced nuclear technology in a control room setting. https://www.world-nuclear-news.org/Articles/NuScale-SMR-plants-become-VOYGR
France joins the Small Nuclear Reactor frenzy, bringing out its odd version ”NAAREA”

French engineering group Assystem has signed a cooperation agreement with
newly-created French micro-reactor developer Naarea to build its
ultra-compact eXtra Small Modular Reactor (XSMR). Dassault Systèmes is to
supply Naarea with a cloud-based platform on which to virtually design the
1 to 40 MW molten salt reactor. Naarea expects the first units of XSMR to
be produced by 2030.
The company says its ultra-compact molten salt reactor uses “the untapped potential of used radioactive materials, and thorium, unused mining waste.” Naarea noted, “The current stocks of these two wastes will supply the energy needs of humanity for thousands of years, and reconcile humanity with its future.”
World Nuclear News 3rd Dec 2021
https://www.world-nuclear-news.org/Articles/Assystem-to-cooperate-with-Naarea-on-micro-reactor
Canada to get its version of the mythical beast – the Small Nuclear Reactor – GE Hitachi Nuclear Energy (GEH) BWRX-300


Ontario Power Generation (OPG) will build a GE Hitachi Nuclear Energy (GEH) BWRX-300 small modular reactor (SMR) at its Darlington Nuclear Station in Clarington, Ontario, marking a major triumph for the nuclear vendor in a stiff competition for the much-watched utility-scale project.
OPG announced the selection of the GE Hitachi BWRX-300 SMR over competitors X-energy and Terrestrial Energy in a live stream on Dec. 2. The utility said it will now work with GE Hitachi on the SMR engineering, design, planning, preparing the licensing and permitting materials, and performing site preparation activities. The companies are targeting a “mutual goal of constructing Canada’s first commercial, grid-scale SMR, projected to be completed as early as 2028.” Site preparation, which will include
“installation of the necessary construction services,” is slated to begin in the spring of 2022, pending appropriate approvals. OPG additionally said it will apply to the Canadian Nuclear Safety Commission
(CNSC) for a License to Construct the SMR by the end of 2022.
Power Mag 2nd Dec 2021
Gordon Edwards discusses a Canadian documentary on the ”Nuclear Revival” and small nuclear reactors.

Gordon Edwards, 1 December 21, On November 24, 2021, APTN broadcast a half-hour TV documentary about High Level Nuclear Waste in Canada, with some extra attention paid to the new, unorthodox irradiated fuels that would result from the proposed new reactors called SMRs. Here is a link to the program, entitled Nuclear Revival: https://youtu.be/uLhPwAWejzc
A couple of observations that crossed my mind while watching the report by Journalist Christopher Read –
(1) The fuel bundles should be thought of as CONTAINERS of the actual radioactive wastes, which are locked up inside those solid bundles. There are many different radioactive elements (all of them human-made, most of them not found in unspoiled nature) that can escape from the fuel bundles as gases, liquids or solids. They all have different chemical and biological properties but they are all cancer-causing elements and can damage genetic materials like DNA molecules.
Even though the fuel bundles may not move an inch from where they have been emplaced, these other materials can leak out or leach out and find their way to the environment of living things. Time is on their side!! Damaged fuel bundles are analogous to a broken bottle – the container is still there, but the contents (some at least) have escaped.
(2) Concerning SMRs, even if these new nuclear reactors all worked very well, which is doubtful, they will be terribly expensive and very slow to reach a level of commercial deployment (and profitability) – at least 10 to 20 years – so they are too costly and too slow to respond to the climate crisis TODAY.
Solar and wind are much cheaper than nuclear, they are proven and can be quickly deployed, while energy efficiency measures are even cheaper and even faster to implement. We do not yet know how much progress can be made using these alternatives but clearly they should have the first priority – with nuclear as a wait-and-see backup possibility which very likely will not be needed at all (as in the case of Germany, which has phased out nuclear – nearly finished – and now is focussed on phasing out coal, using renewables and efficiency.)
UK government secretive about its Net Zero strategy, especially on tax-payer funded projects like small nuclear power plants.

UK refuses to release document showing Net Zero Strategy CO2 savings, New Scientist, 1 December 2021, By Adam Vaughan
The UK government Department for Business, Energy and Industrial Strategy (BEIS) has turned down a freedom of information request that would allow independent scrutiny of its plan for net-zero greenhouse gas emissions.
The UK government has refused a freedom of information request to release a spreadsheet showing how much its landmark Net Zero Strategy will cut carbon emissions for individual measures, such as backing a new nuclear power station and fitting new electric car chargers.
Withholding the document smacks of “secrecy and subterfuge” and prevents the public from being able to interrogate the estimated impacts of the measures, says Ed Matthew at climate change think tank E3G.
The publication of the government’s Net Zero Strategy on 19 October was a key moment ahead of the COP26 climate summit, laying out in detail how the UK plans to reach its 2050 commitment to net-zero greenhouse gas emissions in the coming years.
Previous government blueprints for decarbonisation, such as the 2020 10-point green plan and 2017 clean growth strategy, have spelled out estimates of exactly how much individual policies will cut emissions. But the Net Zero Strategy failed to provide any such breakdown, which observers said showed a lack of transparency that hampered independent scrutiny.
Government officials conceded that there was a spreadsheet containing all the figures, but said they wouldn’t release it. Now, the Department for Business, Energy and Industrial Strategy (BEIS) has refused a freedom of information request by New Scientist to publish the document. It declined the request on the grounds that it involves the disclosure of internal communications…………….
The strategy does show top-level estimates of how much emissions will change for different sectors, such as power, buildings and farming, between now and 2050. But it doesn’t break down individual measures, including backing new hydrogen production or developing new small nuclear plants, both of which will be supported by hundreds of millions of pounds in public funding.
“Ministers are behaving like a shady dealer asking customers to buy a product without seeing it first,” says John Sauven at Greenpeace UK. He is calling on BEIS to publish the spreadsheet: “The best thing would be for the government to release the numbers behind the plan and allow experts to kick the tyres on it”.
The document is likely to include estimates of how extensively various technologies will be employed and their impacts on greenhouse gas emissions in the UK. There may be a mismatch between what the government has committed to publicly, such as a Conservative party manifesto pledge to quadruple offshore wind capacity by 2030, and the estimates that are being withheld, for example………..
New Scientist has appealed the decision not to publish the document. https://www.newscientist.com/article/2299318-uk-refuses-to-release-document-showing-net-zero-strategy-co2-savings/#ixzz7Drfyfmii
”Nuclear Revival” for Canada? Gordon Edwards discusses the latest propaganda.

Gordon Edwards, 27 Nov 21, Christopher Read’s latest half-hour documentary on the Nuclear Waste Management Organization (NWMO) discusses its efforts to convince some small community in Ontario to receive all of Canada’s high level radioactive wastes for deep burial.
These are the most toxic materials ever produced by any industry. Of the hundreds of kinds of radioactive poisons contained in the used nuclear fuel, only a handful existed on Earth in significant amounts before 1939. They are created in large quantities inside nuclear reactors.
NWMO is owned by the same companies that make the radioactive poisons in the first place – and they have no intention of stopping. They want to keep right on mass-producing the highly dangerous byproducts indefinitely. Because they have to wait 30 years before moving these deadly wastes – they are literally and figuratively “too hot” to move sooner — there will always be a catastrophic amount left unburied at the surface no matter how fast they bury the older, somewhat cooler wastes.
Meanwhile they will be burdening communities with a permanent radioactive legacy, including contamination caused by unpacking and repackaging millions of embrittled fuel bundles right at the surface, beside the proposed waste dump. Any damage to any of these fuel bundles during handling, even small cracks, will allow radioactive materials to escape and some of it will inevitably enter the sir we breathe, the water we drink, the food we eat, or the soil we walk on.
New reactors are untested, exorbitantly expensive, and will take 10 to 20 years to become available, if ever. They are a DDD = Dirty, Dangerous Distraction from the real job of cutting greenhouse gases now, not 10 years from now. Energy efficiency and renewables can be implemented in a single building season. Wind and solar and efficiency measures are far cheaper and much faster to implement than new nuclear.
When your house is on fire, it is time to grab a bucket or a fire hose and pour water on it – out the fire out! This is no time to sit down and design a new, improved sprinkler system for future use.
Climate change is here now. Action is urgent.
Investing in new nuclear plants is just “kicking the can down the road”. Canada’s Environment Commissioner points out that Canada has the worst record for fighting climate change of any country in the G7, as our greenhouse gas emissions have increased steadily since Trudeau was first elected in 2915. Five of the G7 countries have reduced their GHG emissions, while the sixth has increased GHG emissions at a much slower rate than Canada has.
To invest in unproven and dangerous nuclear plants now will guarantee that no progress will be made for at least 10 to 20 years, minimum. And it will give us more radioactive waste, much of it even more dangerous than the waste we already have. Can we afford to encourage this kind of behaviour with lavish government subsidies?
Small modular reactors not the solution

Small modular reactors not the solution – German nuclear authority assessments,
NEWS10 Mar 2021, Kerstine Appunn, Using a large fleet of small modular reactors (SMR) to secure climate neutral electricity supply in the future – as proposed by billionaire and philanthropist Bill Gates – poses many unsolved problems and security risks, two researcher assessments commissioned by the Federal Office for the Safety of Nuclear Waste Management (BASE) have found according to a report by Süddeutsche Zeitung (SZ). SMR proponents claim that, once produced in bulk, these small plants are cheaper and safer thanks to advanced reactor designs and can be operated with converted short-lived radioactive materials, solving the waste problem. But the two reports, seen by SZ, conclude that SMR “carry enormous risks with regard to the proliferation of weapons-grade materials and will probably never be as cheap as their advocates claim”, Michael Bauchmüller writes.
The paper by the Institute for Applied Ecology (Öko-Institut) found that in order to replace the 400 or so large reactors today, “many thousands to tens of thousands of SMR plants” would have to be built. But this raises questions for proliferation, the spread of dangerous nuclear material.
The second assessment by researchers from the Institute for Safety and Risk Sciences, at the Vienna University of Natural Resources and Applied Life Sciences, on nuclear waste aspects of SMR found in three scenarios that a repository for nuclear waste would remain necessary, and that the amount of low and medium level radioactive waste would increase “massively” during the dismantling of nuclear facilities.
Germany will shut down its last nuclear power plant by the end of 2022, according to the government’s phase-out legislation which is supported by a majority of the population. After the nuclear disaster in Fukushima ten years ago, Angela Merkel’s government decided to accelerate the phase-out of nuclear power in Germany where opposition to nuclear plants was one of the key causes leading to the founding of the country’s Green Party. Nuclear power is compensated for by expanding renewable sources wind, solar PV and biogas, as Germany strives for a climate neutral power supply by 2040 or 2050 at the latest.
Hurdles ahead for Rolls Royce small nuclear reactor development.

“SMR proponents argue that they can make up for the lost economies of scale by savings through mass manufacture in factories and resultant learning. But, to achieve such savings, these reactors have to be manufactured by the thousands, even under very optimistic assumptions about rates of learning.”
The Rolls Royce SMR design is not exactly small at 470 MWe.
SafeEnergy E Journal No.92. December 21 Rolls Royce’s Small Modular Reactors On 9th November the Government announced that it would back the Rolls-Royce Small Modular Reactor with £210m in funding. Matched by private sector funding of over £250 million, this investment will be used to further develop SMR design and start the Generic Design Assessment (GDA) process
The Government claims that SMRs have the potential to be less expensive to build than traditional nuclear power plants because of their smaller size, and because the modular nature of the components offers the potential for parts to be produced in dedicated factories and shipped by road to site – reducing construction time and cost.
But the reason why existing reactors are large is precisely to derive economies of scale: why smaller reactors should be more economic is problematic. Nuclear proponents allege that assembly-line technology will be used in reactor construction but this has yet to be shown in practice anywhere in the world.
Some say that SMRs are little more than wishful thinking. For example, Professor MV Ramana ‒ Simons Chair in Disarmament, Global and Human Security at the School of Public Policy and Global Affairs at the University of British Columbia – states:
“SMR proponents argue that they can make up for the lost economies of scale by savings through mass manufacture in factories and resultant learning. But, to achieve such savings, these reactors have to be manufactured by the thousands, even under very optimistic assumptions about rates of learning.” (1)
The Rolls Royce SMR design is not exactly small at 470 MWe. It is proposing to build 16 reactors at an expected cost around £1.8bn – £2.2bn and producing power at £40-60/MWh over 60 yrs. (2)

As well as the Government funding, Rolls-Royce has been backed by a consortium of private investors. The creation of the Rolls-Royce Small Modular Reactor (SMR) business was announced following a £195m cash injection from BNF Resources, and Exelon Generation to fund the plans over the next three years.(3)
Rolls Royce has submitted the SMR design to the GDA regulatory process, in a bid to secure clearance from the Department for Business, Energy and Industrial Strategy (BEIS) and the UK’s nuclear and environmental regulatory bodies. It expects the process to take around four to five years, during which time it plans to “engage in a range of parallel activities” including the SMR factory development, potential siting for future nuclear plants, and “commercial discussions”. (4)
Before the ONR approval process begins, the company must first get clearance from the government to submit its designs, which is expected by around March next year. (5)
As expected, Moorside, Wylfa and Trawsfynydd have all been mentioned as potential sites for an SMR. Tees Valley mayor Ben Houchen also wants Hartlepool to be on the list. (6) https://www.no2nuclearpower.org.uk/wp/wp-content/uploads/2021/11/SafeEnergy_No92.pdf
What might trip up the Rolls Royce plan for small nuclear reactors?

Fix the Planet newsletter: Can small nuclear power go big? Small modular reactors are being pitched as an affordable and fast way to decarbonise power grids but questions about the technology abound, New Scientist EARTH, 25 November 2021, By Adam Vaughan
”……… nuclear power did have a showing in Glasgow, at official events in the conference, deals on the sidelines and cropping up as a subject during press briefings.
One new technology popped up a few times: small modular reactors (SMRs), mini nuclear plants that would be built in a factory and transported to a site for assembly. A UK consortium led by Rolls-Royce wants to build a fleet in the country to export around the world as a low carbon complement to renewables. During COP26 the consortium received £210 million from the UK government. More private investment is expected soon.
Yet questions abound. Why should this technology succeed where large nuclear plants have failed to take off in recent years, beyond China? If they are small, will they make a sizeable enough dent in emissions? And will they arrive in time to make a difference to a rapidly warming world?……
What exactly is planned?
The reactors that Rolls-Royce SMR wants to build have been six years in development, with their roots in ones the company previously built for nuclear submarines. Despite being billed as small, the new reactor design is fairly large. Each would have 470 megawatts of capacity, a good deal bigger than the 300 MW usually seen as the ceiling for an SMR.
The consortium hopes to initially build four plants on existing nuclear sites around the UK. Ultimately it wants a fleet of 16 , enough to replace the amount of nuclear capacity expected to be lost in the UK this decade as ageing atomic plants retire. Later down the line, the SMRs could be exported around the world too.
Alastair Evans at Rolls-Royce SMR. says the first SMR would cost about £2.3 billion and could be operational by 2031. Later versions may fall to £1.8 billion, he claims. That may seem cheap compared to Hinkley, but an offshore wind farm with twice the capacity costs about £1 billion today, and that figure will be even lower in a decade’s time………….
What might trip them up?
SMRs have been in development for years but have made little inroads to date. The UK government has been talking about them for much of the past decade, with nothing to show. Progress elsewhere around the world has been slow, too. Outside of Russia there are no commercial SMRs connected to power grids. Even China, one of the few countries that has built new nuclear plants in recent years, only started construction of a demo SMR earlier this year, four years late. It wasn’t until last year that leading US firm NuScale had its design licensed by US authorities.
Paul Dorfman at the non-profit Nuclear Consulting Group, a body of academics critical of nuclear power, says the nuclear industry has always argued economies of scale will bring down costs so it is hard to see why going small will work. He says modularisation – making the reactors in factories – will only bring down costs if those factories have a full order book, which may not materialise. “It’s chicken and egg on the supply chain,” he says. He also notes the plants will still create radioactive waste (something another potential next gen nuclear technology, fusion, does not). And he fears nuclear sites near coasts and rivers will be increasingly vulnerable to the impacts of climate change, such as storm surges as seas rise.
What’s next? The Rolls-Royce SMR group this month submitted its reactor design for approval by the UK nuclear regulator, a process that could take around five years. It now needs to pick three locations for factories and start constructing them. The group also needs to win a Contract for Difference from the UK government, a guaranteed floor price for the electricity generated by the SMRs…….. https://www.newscientist.com/article/2299113-fix-the-planet-newsletter-can-small-nuclear-power-go-big/
Are small nuclear reactors actually small, safe, economic ?
Can Small Nuclear Reactors Really Help The Climate? QuickTake, Jonathan Tirone 27 Nov 2021 (Bloomberg) — Much of the world has been turning away from nuclear power, with its aging plants, legacy of meltdowns and radioactive waste. But some governments, big companies and billionaires including Bill Gates and Warren Buffett are convinced the technology can help save the planet.
1. How small is small? Of the more than 70 such reactors that the International Atomic Energy Agency lists as in some stage of design or development, the smallest are less than 5 meters (16 feet) in diameter and 10 meters in height. (The plant that would be built to operate the reactor would be bigger, of course.) SMRs typically have less than 300 megawatts of generating capacity, about a third of that of existing reactors.
…………. Do SMRs already exist? The only ones currently in commercial operation are two 35-megawatt units on a floating power plant deployed by Russia in the Arctic in 2020. China expects to begin trials in 2026 on an SMR being built near an existing power plant on Hainan island. The first commercial SMR project in the U.S., planned for the site of the Idaho National Laboratory, will consist of six reactors capable of producing a combined 462 megawatts. It’s supposed to be operational by the end of this decade.
…………….. smaller reactors would ideally be located closer to population centers, increasing the possible danger from an accident. And like their larger brethren, SMRs produce radioactive waste that must be stored safely for centuries.
………….. What are the economic challenges? Cost competitiveness is an uphill climb. U.S. manufacturer NuScale Power LLC, to cite one example, is aiming for an SMR that can sell power for $55 per megawatt-hour. Yet wind power in much of the world is now about $44 a megawatt-hour, solar is $50, and in some regions, renewable energy will be below $20 a megawatt-hour by the end of the decade, according to BloombergNEF. A 2020 study by professors at the University of British Columbia found that on a lifetime basis, the cost of electricity produced by SMRs could be 10 times greater than the cost of electricity produced by diesel fuel.
Who’s investing in SMRs? Electricite de France, China National Nuclear, Japan’s Toshiba and Russia’s Rosatom are pushing SMR designs, as is NuScale. Gates and Buffett have teamed up to build and test a reactor at an abandoned coal plant in Wyoming. Rolls-Royce Holdings Plc raised 455 million pounds ($608 million) to fund the development of SMRs, with almost half of the financing coming from the U.K government.
Read more at: https://www.bloombergquint.com/quicktakes/can-small-nuclear-reactors-really-help-the-climate-quicktake
Scientists Warn Experimental Nuclear Plant Backed by Bill Gates Is ‘Outright Dangerous’

“fast breeder reactor” types “are proliferation nightmares.“
Continuing to support nuclear energy at the expense of faster and cheaper alternatives for cutting greenhouse gas emissions is a losing strategy.“
Scientists Warn Experimental Nuclear Plant Backed by Bill Gates Is ‘Outright Dangerous’ “Gates has continually downplayed the role of proven, safe renewable energy technology in decarbonizing our economy.” Common Dreams ANDREA GERMANOS, November 17, 2021 Officials announced Tuesday that the small city of Kemmerer, Wyoming would be the site of a new Bill Gates-backed nuclear power project—an initiative whose proponents say would provide climate-friendly and affordable energy but which some scientists warn is a dangerous diversion from true energy solutions.
The experimental Natrium nuclear power plant will be at the site of the coal-fired Naughton Power Plant, slated for retirement in 2025, though siting issues are not yet finalized. The company behind the project is TerraPower. Gates, who helped found TerraPower, is chairman of the board.
Mr. Gates,” nuclear expert Arnie Gundersen wrote in an open letter in August, Natrium “is following in the footsteps of a 70-year-long record of sodium-cooled nuclear technological failures. Your plan to recycle those failures and resurrect liquid sodium again will siphon valuable public funds and research from inexpensive and proven renewable energy alternatives.”………….
A feature of the future plant, TerraPower says, is “a molten salt-based energy storage system”—technology it claims represents “a significant advance over the light water reactor plants in use today.”
At a June press conference, Gates said Natrium was poised to “be a game-changer for the energy industry.” In a Tuesday tweet, Republican Sen. John Barrasso of Wyoming gave a similar message, saying “the Natrium reactor is the future of nuclear energy in America.”
While the company asserts the safety of Natrium’s sodium-cooled fast reactor, a report released in March by the Union of Concerned Scientists, entitled “Advanced” Isn’t Always Better, casts doubt on those claims.
UCS’s Elliott Negin highlighted the analysis in a June blog post, writing:
In fact, according to the UCS report, sodium-cooled fast reactors would likely be less uranium-efficient and would not reduce the amount of waste that requires long-term isolation. They also could experience safety problems that are not an issue for light-water reactors. Sodium coolant, for example, can burn when exposed to air or water, and the Natrium’s design could experience uncontrollable power increases that result in rapid core melting.
“When it comes to safety and security, sodium-cooled fast reactors and molten salt–fueled reactors are significantly worse than conventional light-water reactors,” says [report author Edwin] Lyman. “High-temperature gas-cooled reactors may have the potential to be safer, but that remains unproven, and problems have come up during recent fuel safety tests.”
Fast reactors have another major drawback. “Historically,” the report points out, “fast reactors have required plutonium or [highly enriched uranium]-based fuels, both of which could be readily used in nuclear weapons and therefore entail unacceptable risks of nuclear proliferation and nuclear terrorism.” Some fast reactors, including the Natrium, will initially use a lower-enriched uranium fuel, called high-assay low-enriched uranium, which poses a lower proliferation risk than highly enriched uranium, but it is more attractive to terrorists seeking nuclear weapons than the much lower-enriched fuel that current light-water reactors use.
Continue readingDespite the frantic nuclear lobbying at COP26, Rolls Royce’s small nuclear reactors will be of zero use against greenhouse emissions – Jonathon Porritt

Rolls-Royce talks of the first plant ‘coming online by 2031’ – do please do the maths yourself. So let’s say 2035, to be generous, at the earliest. And therefore of zero benefit in terms of meeting the Government’s own target of a 78% reduction in greenhouse gas emissions by 2035.
It’s all such a pathetic waste of time – and of taxpayers’ money. Whatever the timescale, SMRs will never compete with renewables plus storage.
COP6 ‘Nuclear Sidebar, http://www.jonathonporritt.com/cop26s-nuclear-sidebar/ Jonathon Porrit, 6 Nov 21, The fact that COP26 was crawling with huge numbers of delegates from Big Oil and Gas got a lot of attention from the media. Less attention was paid to the large number of pro-nuclear delegates parasitically inserting themselves into as many events as they could engineer access to – facilitated at every turn by BEIS Secretary of State Kwasi Kwarteng and Booster Boris himself..
The nuclear industry had its own short-lived moment in the sun, on 9th November. For what is now reckoned to be the fourth time, Kwasi Kwarteng went over the top to re-re-re-confirm the Government’s enthusiasm for Small Modular Reactors, re-re-re-promising (a rather miserly) £210m of Government money for Rolls-Royce, described by Kwasi Kwarteng as ‘a once in a lifetime opportunity’.
Rolls-Royce duly obliged, conjuring up another £250m of private sector investment to deliver a new fleet of at least five SMRs (and possibly as many as 16) at around £2.2bn a pop. The company’s share price duly went up by around 4%. Job done.
It doesn’t matter how many times Ministers bang this particular drum, or how many times deplorably gullible journalists in the BBC, FT, Times and the Telegraph suck it all up, moonshine is still moonshine.
In and of itself, that £460m buys practically nothing. It will allow Rolls-Royce to take whatever design they finally settle on through the Generic Design Assessment process. This will take no less than four years, and probably more than five. Even if (and it’s a big IF) regulatory approval is secured, private sector investors will still have to be found, sites identified and planning permission for each site secured – a process which can take years.
Rolls-Royce talks of the first plant ‘coming online by 2031’ – do please do the maths yourself. So let’s say 2035, to be generous, at the earliest. And therefore of zero benefit in terms of meeting the Government’s own target of a 78% reduction in greenhouse gas emissions by 2035.
It’s all such a pathetic waste of time – and of taxpayers’ money. Whatever the timescale, SMRs will never compete with renewables plus storage.
To be fair, it would be wrong to underestimate the importance here of energy security – meeting our energy needs from home-based, ‘indigenous’ capacity. Boris Johnson keeps banging on about ‘British wind and sunshine’ – mindful perhaps of a recent poll of Daily Express readers, of whom 97.5% said that Boris ‘should pledge to make Britain self-sufficient in energy production by 2050’.
On that basis, British nuclear electrons are therefore much more desirable than those unreliable French electrons, regardless of the fact that we wouldn’t have any new nuclear electrons coming on-stream were it not for Electricité de France.
COP26 was of course a global gathering. UK energy security was therefore less of an issue. But it got a bit of an airing on 12th November, when the two big tidal stream companies here in the UK (Nova Innovation and Atlantis Energy) made a big splash about the huge potential for tidal stream technology in Scotland – with a potential capacity of more than 500 MW. This is a proven technology (with turbines anchored to the sea floor to capture the power of tidal currents) – already delivering suitably ‘indigenous’ electrons – with no moonshine to be seen anywhere.
The potential for tidal stream is indeed significant – not just in the UK, but internationally.
However, for me personally, it’s still relatively small beer in comparison to tidal range – harnessing the power of the tides to generate huge amounts of electricity from either tidal lagoons or barrages, predictably, cost-effectively, over many decades.
If our Government was genuinely serious about energy security (instead of finding ways of propping up Rolls-Royce to support our nuclear weapons programme), tidal power would be top of its list.
But is it heck! So please check out my blog about tidal energy which follows shortly.
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