June 30, 2023
Mini nuclear reactor cost surge threatens next big thing
By admin | |
High inflation and rising interest rates are driving up the cost of miniature atomic reactors. More than 80 unique small modular reactor, or SMR, designs are under development, resulting in sprawling supply chains and caps on scaling up production. The anticipated average generation cost surged from $55 a MWh in 2016 to almost $120 a MWh.