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

Adverse economics killed the flagship NuScale SMR project. There is no reason to believe the costs of SMR designs proposed in Canada will be any lower. Are government officials hearing the alarm bells?

Canada’s support is puzzling when considering other official statements about nuclear energy. In 2021, Environment Minister Steven Guilbeault, seen here, said that nuclear power must compete with renewable energy in the market, write Susan O'Donnell and M.V. Ramana.The Hill Times photograph by Andrew Meade

Opinion

BY M.V. RAMANA AND SUSAN O’DONNELL

November 23, 2023

The major news in the world of nuclear energy this month is the collapse of the Carbon Free Power Project in the United States...

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