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They've been held up by some as the future of nuclear power, but a new report has cast fresh doubts on the cost of building Small Modular Reactors. The work by the Institute for Energy Economics and Financial Analysis finds delays and cost blowouts are making the smaller reactors unviable as an option to help replace fossil fuels. Guest: David Schlissel, IEEFA director of resource planning analysis.
Proponents originally said the process would capture up to 90 per cent of the plant's carbon emissions.
World leaders are not unaware of the nuclear industry’s long history of failing to deliver on its promises, or of its weakening vital signs. Yet many continue to act as if a “nuclear renaissance” could be around the corner even though nuclear energy’s share of global electricity generation has fallen by almost half from its high of roughly 17 percent in 1996.
Even Greta Thunberg has taken a shine to nuclear power. Could Canadian uranium be entering a golden age? Read more
Supporters say developing hydrogen as a fuel is critical to slowing climate change. Critics are concerned that producing it with fossil fuels will prop up the oil and gas industry.