The US Department of Energy (DoE) has announced three public-private partnerships to develop deployment plans for small modular reactor (SMR) technologies at its Savannah River Site (SRS) in South Carolina.
NuScale Power has partnered with NuHub - an economic development initiative in South Carolina - to pursue the deployment of a demonstration unit of its small modular reactor (SMR) at the Savannah River site.
More and more companies in the U.S. and abroad are investing in new commercial nuclear enterprises, chief among them, small modular reactors (SMRs). The SMR industry is growing, with many promising developments in the works which is precisely why the government should not interfere, as subsidies and government programs have already resulted in an inefficient system for large reactors. Heritage Foundation nuclear policy experts explain how the future for small reactors can remain bright.