Sentences with phrase «modular reactors cost»

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The US Department of Energy is co-sponsoring a project to see whether small modular reactors (SMRs), each producing about 180 megawatts (compared with 1000 megawatts from a full - sized reactor) can be made cost - effective.
In addition, the reactors would be modular — made in factories and shipped to sites — to reduce costs.
And the birth of small, modular nuclear reactors — which can be built at lower cost and produce no greenhouse gas emissions — could play a significant role in helping to balance energy outflows from renewable sources.
On nuclear power, Moniz expressed support for developing so - called «modular» reactors that might drive down costs and improve safety.
On December 12, 2013, NuScale Power was selected as the winner of the second round of DOE's competitively - bid, cost - sharing program to develop nuclear small modular reactor (SMR) technology.
Small modular reactors offer several advantages over traditional technologies, including the ability to purchase and construct them in a modular way, decreased up - front capital costs through simpler, less complex plants, and a reduced staff complement.
It should be possible to reduce the cost of nuclear power via modular standard reactor design, but governments need to provide a regulatory environment that supports timely construction of approved designs.
Small modular reactors can also be made in factories and transported to sites where they would be ready to «plug and play» upon arrival, reducing both capital costs and construction times.
Yet demonstrating large - scale technologies — such as advanced modular nuclear reactors, floating deepwater wind turbines, or carbon capture and storage technologies — typically costs more than venture capitalists can finance alone, leaving a large «Valley of Death» that kills off many promising technologies before they can enter the marketplace.
South Africa planned new reactors include the untested Pebble Bed Modular Reactor, which will cost an estimated 14 billion Rand (US$ 1.58 billion).
I believe low cost nuclear implies small modular reactors.
«Unless we get extremely lucky and see the cost of new modular nuclear reactors or NET Power's CCS gas plant somehow become cost competitive overnight, the current trajectories for wind and solar are by no means sufficient to carry us to the kind of deep decarbonization that we need,» Jenkins said.
It should be possible to reduce the cost of nuclear power via modular standard reactor design, but governments need to provide a regulatory environment that supports timely construction of approved designs.
The 43 small modular reactor designs can not proceed because it costs far too much to get them through licencing.
If we removed the impediments on nuclear power the cost of electricity from Small Modular r \ Reactors (SMR) could decrease at a rate of 10 % per doubling of capacity.
These include «small modular reactors» which proponents claim are safer and more cost - effective, but which introduce their own issues.
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.
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