Advanced small modular reactors (SMR) could be the answer to many of the nuclear industry’s current problems, Rich Powell, executive director of ClearPath told the Nuclear Regulatory Commission (NRC) at Thursday’s public meeting. Smaller, more advanced reactors offer many advantages over current gigawatt-sized nuclear power plants, such as reduced capital costs, he said. That could tackle one of the industry’s key issues: price competitiveness with cheaper gas and renewable resources. The first U.S. SMR is expected to be operational by the mid-2020s. A bipartisan group of House members introduced earlier this month their copy of an advanced nuclear energy development bill in the Senate, which would require at least two advanced nuclear reactor demonstration projects by Dec. 21, 2025.
Utility Drive 28th June 2019 read more »