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NuScale, the first company with US approval for a small nuclear reactor design, has canceled its plans to build small modular reactors in Idaho due to rising costs. The project's economics worsened as the price of renewables dropped, leading to backers pulling out. This decision is a major setback to the hoped-for renaissance driven by small modular reactors, and it has lessons for the future of nuclear power. The cancelation of the project is seen as a blow to the industry's future and has raised questions about the feasibility of next-wave small reactors.
Nuclear Project Failure Is a Blow to Industry’s Future https://t.co/CBchGrZaTx
⚛ Technological failure and the nuclear renaissance The cancelation of a much-hyped small reactor project is a bummer — but hardly the end of the story https://t.co/9dl6c6y02N https://t.co/dGGVTsb8pQ
It's easy to over-interpret the death of small modular reactor firm NuScale's Idaho project, but it nonetheless has lessons — and omens — for the future. https://t.co/bxD5rwOVQg
A Nuclear Renaissance Is the Best Path Forward https://t.co/H3Wio6Wz27
Nice NYT summary of the start-ups pursuing nuclear fusion. https://t.co/OJYdOK44Zc
A couple points: 1. The only small nuclear reactor project in the US announced it was shutting down due to Bidenomics. 2. Nuclear power's main problem is irrational fear of radiation, which drives the high costs. If you support nuclear power, but don't read this, you don't… https://t.co/fMTxkhDWsE https://t.co/NzWKK9cdND
NuScale Energy's decision to pull the plug on its nuclear project in the western US is a setback to the hoped-for renaissance driven by small modular reactors, writes @willwwade https://t.co/b55DtIotyv
NuScale Energy's decision to pull the plug on its nuclear project in the western US is a setback to the hoped-for renaissance driven by small modular reactors, writes @willwwade https://t.co/Dl38W57hDp
NuScale Energy's decision to pull the plug on its nuclear project in the western US is a setback to the hoped-for renaissance driven by small modular reactors, writes @willwwade https://t.co/YbaOuneLMi
U.S. Bets on Small Nuclear Reactors to Help Fix a Huge Climate Problem https://t.co/Ux6wWbrCb0
A Nuclear Renaissance Is The Best Path Forward https://t.co/zio6d9f7FR
"With the price of renewables dropping precipitously, however, the project's economics have worsened, and backers started pulling out of the project. … The same is now true for nuclear power in general in the US. No large reactors are planned, & the last few projects of that… https://t.co/yoZUlI8X3w
Not good: NuScale cancels first-of-a-kind nuclear project as costs surge - E&E News by POLITICO https://t.co/G1KpAnufV7
Good roundup in @nytimes of the promises and challenges of commercializing next generation nuclear reactors by @bradplumer. Featuring @TheBTI @Dr_A_Stein. https://t.co/3FODgoPXCD
NuScale, a bellwether for the move toward small modular nuclear reactors, foundered on the most familiar of obstacles -- time and money, says @liamdenning. But renewables didn’t do it any favors https://t.co/D6Ndq2J7x2 via @opinion
First Planned Small Nuclear Reactor Plant In the US Has Been Cancelled https://t.co/eYfoYQKgRf
NuScale has terminated the agreement on the development of small nuclear reactors with Polish copper giant KGHM, according to "Rzeczpospolita".
NEW: Six nuclear reactors just 9 feet across planned for Idaho were supposed to prove out the dream of cheap, small-scale nuclear energy. Now the project has been canceled. https://t.co/jOnpnIwyhS
The big question now is whether the demise of an Idaho nuclear plan is a momentary bummer for next-wave small reactors — or a really bad omen. https://t.co/eiXkuZbpAP
Six nuclear reactors just 9 feet across planned for Idaho were supposed to prove out the dream of cheap, small-scale nuclear energy. Now the project has been canceled. https://t.co/SZDutKgqq9
First US Small Nuclear Project Canceled After Costs Climb 53% NuScale Power Corp., the first company with US approval for a small nuclear reactor design, is canceling plans to build a power plant for a Utah power provider as costs surge. The move is a major setback to the… https://t.co/zNdKgLV4xC
First planned small nuclear reactor plant in the US has been canceled - ars technica https://t.co/mFsB0a4M1b
Small modular nuclear reactor that was hailed by Coalition as future cancelled due to rising costs by @adamlmorton https://t.co/PVsMFAwy8L
First planned small nuclear reactor plant in the US has been canceled https://t.co/rBAWARxqDR
A big setback for nuclear power — NuScale cancels its plans to build small modular reactors in Idaho: https://t.co/I4WBkl7Pi6