Not exact matches
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.