NuScale Power Says The Future Of Nuclear Energy Is Smaller, Cheaper And Safer

(NPR) — An Oregon company plans a new kind of nuclear power plant that many consider the future of the industry.

It's smaller, cheaper, and could work well with renewable energy.

An Oregon company plans a new kind of nuclear power plant that many consider the future of the industry. It's smaller and cheaper and could work well with renewable energy.

An Oregon company, NuScale Power, wants to change that trend by building nuclear plants that are the opposite of existing ones: smaller, simpler and cheaper.

The company says its plant design using small modular reactors also could work well with renewable energy, such as wind and solar, by providing backupelectricity when the wind isn't blowing and the sun isn't shining.

The 98 nuclear reactors operating in the country now are large because they were designed to take advantage of economies of scale. Many are at risk of closing in the next decade, largely because they can't compete with less expensive natural gas and renewable energy.

Source: NPR, full story

 

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