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IPFS News Link • Energy

Can Small Reactors Ignite a Nuclear Renaissance?

• Technologyreview.com
 

Small, modular nuclear reactor designs could be relatively cheap to build and safe to operate, and there’s plenty of corporate and government momentum behind a push to develop and license them. But will they be able to offer power cheap enough to compete with natural gas? And will they really help revive the moribund nuclear industry in the United States?

Last year, the U.S. Department of Energy announced that it would provide $452 million in grants to companies developing small modular reactors, provided the companies matched the funds (bringing the total to $900 million).