A new report has assessed the feasibility of deploying small modular nuclear reactors to meet increasing energy demands around the world. The findings don't look so good for this particular form of energy production.

[T]he report’s executive summary certainly gets to the heart of their findings.

“The rhetoric from small modular reactor (SMR) advocates is loud and persistent: This time will be different because the cost overruns and schedule delays that have plagued large reactor construction projects will not be repeated with the new designs,” says the report. “But the few SMRs that have been built (or have been started) paint a different picture – one that looks startlingly similar to the past. Significant construction delays are still the norm and costs have continued to climb.”

    • hannes3120English
      5•4 months ago

      The problem is that if a country treats money as unlimited and without a cost then inflation will mirror that and people in that country will lose their savings, their job will not pay for their bills anymore and so on

      It’s not as simple as “just spend more”…