Former heads of nuclear regulatory agencies and senior government advisors in the US, Germany, France and the UK published a statement outlining why new nuclear reactors – including SMNRs – are not a solution for climate change.
Their statement lists 10 reasons why nuclear is not a solution. The first three are:
• Too costly in absolute terms to make a relevant contribution to global power production
• More expensive than renewable energy in terms of energy production and CO2 mitigation, even taking into account costs of grid management tools like energy storage associated with renewables roll-out.
• Too costly and risky for financial market investment, and therefore dependent on very large public subsidies and loan guarantees.
Read the full statement HERE: