Page 6 - Small Modular Nuclear Reactors News Today

NuScale Power’s small modular reactors promised cheaper nuclear power, but costs soared and utilities balked Science, NOV 2023 BY ADRIAN CHO A plan to build a novel nuclear power plant comprising six small modular reactors (SMRs) fell apart this week when prospective customers for its electricity backed out. Utah Associated Municipal Power Systems (UAMPS), a…

Statement by Dr. Edwin Lyman, Director of Nuclear Power Safety, Union of Concerned Scientists, Nov 9, 2023 https://www.ucsusa.org/about/news/small-nuclear-reactor-contract-fails-signaling-larger-issues-nuclear-energy-development NuScale Power Cooperation, the first company in the United States to secure approval for the design of a small modular nuclear reactor (SMR), ended its contract with the Utah Associated Municipal Power Systems (UAMPS) on Wednesday. The…

“One of the stories they’ve kept telling people was that the SMR was going to be a lot cheaper than large-scale nuclear,” David Schlissel, an analyst at the nonprofit Institute for Energy Economics and Fiscal Analysis, told WIRED last month. “It isn’t true.” Wired. 10 Nov 23 Six nuclear reactors just 9 feet across planned…

Björn Steigerwald ab, Jens Weibezahn ca, Martin Slowik d, Christian von Hirschhausen ab Highlights •We present a unique cost data set on 19 small modular reactors. •Manufacturer cost estimates are mostly too optimistic compared to production theory. •A Monte Carlo simulation shows that no concept is profitable or competitive. •Median NPVs are negative ranging from 3 (HTR) to 293 (SFR) million USD/MWel. •Median LCOEs start at 116 USD/MWh…

“Once you’re on a dead horse, you dismount quickly. That’s where we are here.” “the massively expensive SMR projects in Canada will eventually face the same reckoning" Primary Author: Mitchell Beer, The Energy Mix, November 10, 2023 more https://www.theenergymix.com/2023/11/10/failed-u-s-nuclear-project-raises-cost-concerns-for-canadian-smr-development/ https://www.theenergymix.com/2023/11/10/failed-u-s-nuclear-project-raises-cost-concerns-for-canadian-smr-development/ NuScale a...

NEI Magazine, 3 November 2023 US-based X-Energy Reactor Company and publicly-traded special purpose acquisition company Ares Acquisition Corporation (AAC), have mutually agreed to terminate their previously announced business combination agreement with immediate effect. .......  X-energy and AAC agreed not to proceed with the transaction citing “challenging market conditions, peer-company trading performance and a balancing of…

National Observer, By John Woodside  November 3rd 2023 Nuclear proliferation experts are warning that 50 years of policy designed to limit the spread of nuclear weapons is unravelling as governments invest in certain small modular reactors that could be misused to build bombs. The concerns are aimed at Moltex, a Saint John, N.B., nuclear startup building small…

The utility is required to purchase power at the lowest cost, but a new bill would force NB Power to buy at least some power from SMRs.

Short seller brands blockchain firm Standard Power a "fake customer" October 27, 2023 By Peter Judge  https://www.datacenterdynamics.com/en/news/lawyers-circle-nuclear-startup-nuscale-over-claims-a-24-reactor-deal-will-fail/ Nuclear power startup NuScale is facing investigation by lawyers after a short-seller’s report alleged that it has sold 24 reactors to a “fake customer.” NuScale announced a deal earlier this month to supply blockchain firm Standard Power with 1,848MW of...

I focus on the lies of the nuclear lobby - because these are the most blatant, pervasive, of the lies that are swallowed up and regurgitated by political leaders and the media. Lies about "cheap" "clean" "safe" "nothing-to-do-with-weapons" nuclear power, - especially the (non-existent) SMRs - Small Modular Nuclear Reactors. Dr Pangloss, (from Voltaire's 17th…