The nuclear energy sector is exploring innovative business models to reduce costs and enhance scalability. Small Modular Reactors (SMRs) are at the forefront of this transformation, potentially making nuclear power more economically viable. Analysts like Hanyue Ouyang from MacroPoloChina highlight the importance of standardization and scale in driving down costs. The U.S. has pledged to triple its nuclear power capacity by 2050, a commitment made at COP28 in Dubai along with 20 other countries. However, challenges such as regulatory issues, uranium price fluctuations, and public skepticism remain. Despite these hurdles, SMRs are seen as a sustainable solution to meet growing energy demands, particularly for AI and data centers. The AP300 SMR, developed by Westinghouse and funded by the U.S. Department of Energy, exemplifies this new approach, fitting on half of a soccer pitch.
Opposition leader Peter Dutton says nuclear energy can provide Australia with cheaper and more reliable electricity. One expert told SBS he finds Dutton's plans 'a little bit farcical'. Read our breakdown of the nuclear debate here: https://t.co/1o9Ts1aqul https://t.co/ZcssjPNoVd
WATCH 👀: Nuclear is taking steps to create a more solar, green future. Learn how the model we're developing in the U.S. will be the foundation for microgrids across the globe. https://t.co/evMCvZwH3R
Post-COP28, the nuclear industry aims for growth despite hurdles like regulatory issues and uranium price fluctuations. Small modular reactors offer hope, but challenges remain. Hear more from BNEF's Dana Perkins and Chris Gadamoski on #SwitchedOn. https://t.co/0ATs5teG0q
A bottleneck of the nuclear industry is its unit economics. To lower cost, nuclear reactors need to become a volume business through standardization and scale. @Hanyue_Ouyang explores why SMRs might be the breakthrough the nuclear industry needs. https://t.co/sirLULpg4X
Nuclear more costly and could ‘sound the death knell’ for Australia’s decarbonisation efforts, report says https://t.co/UWbuLmquGa
MINI ME: @WECNuclear is developing this AP300 small modular reactor that can fit on half of a soccer pitch⚽️. The SMR is based on their already licensed AP1000 design that received funding from @ENERGY and will leverage the same equipment and components. 📸: Westinghouse https://t.co/aghbslT5Jq
Small Modular Reactors offer a sustainable pathway to clean energy. They could play a crucial role in phasing out coal and supporting the growing energy demands of AI and data centers. Discover how SMRs could transform the energy landscape: https://t.co/sirLULpNUv
If we want to reach our 2030 emissions targets, maybe building nuclear reactors for 2050 isn't the answer... Chief Economist Greg Jericho answers the question of why suddenly we're all talking about nuclear on the latest episode of Dollars & Sense @GrogsGamut @ElinorJ_L #auspol https://t.co/7QgeZKTh0S
Nuclear energy's biggest hurdle isn't technology, but its business model. SMRs and standardization may be the answer to reducing costs. Learn how bending the cost curve through innovative approaches could finally make nuclear power economically viable. https://t.co/sirLULpg4X
Ummmm, well that is #awkward? Only .8% of new generating capacity in the USA so far this year has come from NON-renewable sources? I am going to call it a "trend", @GrayConnolly, ok? But Oz should committ $600B of taxpayer $ to nuclear in 20 yrs? Does that make sense to u, Gray? https://t.co/MuaR2F92An
Can nuclear reactors become a volume business and scale? That's what small modular reactors are intended to achieve, with the help of the data center boom. Second installment of the nuclear renaissance series @Hanyue_Ouyang @MacroPoloChina https://t.co/tRvMg3Adfg
"The world is waiting for US leadership after we promised to triple nuclear power by 2050. We signed the pledge along with 20 other countries at COP28 last year in Dubai and at the moment we are not ready to deliver oversees because we have not yet delivered right here at home" -…
Can business model innovation lower the cost of nuclear power? @Hanyue_Ouyang's latest analysis dives into how standardization and scale could be the keys to a nuclear renaissance. https://t.co/sirLULpg4X Discover the potential of SMRs and why they might be the solution to…