Sentences with phrase «modular reactor industry»

We believe South Carolina, with its pro-business inclinations, a large base of nuclear professionals, great port facilities, and a moderate climate is the natural place for the rise of the small modular reactor industry that is likely to be worth over 100 billion a year in the next decade.

All stars are aligned for your state to incubate and lead the rise of the small modular reactor industry which, in my considered opinion, is destined to become the dominant worldwide source of clean energy in this century.

Not exact matches

Next Steps The Nuclear Regulatory Commission is working with the Nuclear Energy Institute, an industry group, to revamp the licensing procedure for nuclear power plants to include new rules tailored to small modular reactors.

Small modular reactors may help with two of the biggest challenges facing the nuclear industry: the growing stores of waste from existing reactors and residue from the mass production of nuclear weapons as well as the overall safety of nuclear power.

Vancko estimates that this country will add four new reactors to its current stable of 104 in the next decade, and research into the safer small modular reactors, sometimes known as micronukes, may lead to a whole new model for the nuclear industry.

Small modular reactors «becoming a reality are dependent on government and the nuclear industry,» said NRC commissioner William Ostendorff in a speech to the American Nuclear Society conference this past November.

Building on Holtec's vast experience of delivering cutting - edge technologies to the global nuclear energy industry over the past 25 years, SMR is committed to delivering to the world a safe, secure, reliable, clean and affordable small modular nuclear reactor — SMR - 160.

And, the nuclear industry is working on developing a new generation of small modular reactors that can provide power for cities or local communities at a much lower cost.

The nuclear industry has embraced this strategy with the development of small modular reactors, or SMRs, because downsizing and standardizing the reactor design can significantly reduce complexity.