Page 24 - Scale Power News Today

ByMike Foley, November 10, 2023 — https://www.smh.com.au/politics/federal/us-reactor-project-fail-heats-up-australia-s-nuclear-power-debate-20231109-p5eisu.html A nuclear energy developer championed by the Coalition has canned its most advanced project in the United States, raising questions over the viability of the technology in Australia. NuScale Power, which was developing small modular reactors at a US government-owned site in Idaho with plans to sell electricity to…

I must admit that this came as a shock and a surprise. I thought that the pockets were plenty deep enough to see this project through, almost regardless of the delays and the spiraling costs. I almost think the news release is a prank. But here it is: "NuScale Power, a company in Portland, Ore., said it lacked enough subscribers to advance the Carbon-Free Power Project, which

A nuclear energy developer championed by the Coalition has canned its most advanced project in the United States, raising questions over the viability of the technology in Australia.

Oregon-based NuScale Power was involved in the project that was to come online in 2029 and was supposed to replace electricity from coal plants that are closing.

The project that NuScale Power and Western energy companies had developed struggled to attract enough utility customers.

Utah Associated Municipal Power Systems and NuScale Power Corporation have mutually agreed to terminate the Carbon Free Power Project. The project to build NuScale small modular reactor units at a site near Idaho Falls had been pencilled in for operation by 2029.

Opposition climate and energy spokesperson had pointed to SMRs as a solution to Australia’s energy needs, but experts raise questions over price tag

A nuclear energy developer championed by the Coalition has canned its most advanced project in the United States, raising questions over the viability of the technology in Australia.

Utility industry news and analysis for energy professionals.