Big costs sink flagship nuclear project and will sink future small modular reactor projects, too

The major news in the world of nuclear energy this month is the collapse of the Carbon Free Power Project in the United States. The project was to build six NuScale small modular nuclear reactors (SMRs). Given NuScale’s status as the flagship SMR design not just in the U.S. but even globally, the project’s cancellation should ring alarm bells in Canada. Yet SMRs are touted as a climate action strategy although it is becoming clearer by the day that they will delay a possible transition to net-zero energy and render it more expensive.
Read the full article in the NB Media Co-op, HERE. (Published first in The Hill Times)