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.
Not exact matches
But potential
reactor builders sense that the world has changed enough to consider going back into business, with
designs that are optimized and
standardized versions of what they built more than 20 years ago.
Separately, the newer rules from the NRC on advanced
reactors standardize the licensing, providing early site approval, certification of plant
designs by rule (avoiding the lengthy public hearings for each plant), and simultaneous issuances of both a construction permit and an operating license (a «one - stop licensing called «combined licenses».)
Studies show that
standardized designs, multiple
reactors on one site, and a vertically integrated builder were the keys to declines in the cost of building nuclear power plants in France and Korea.
The economics of nuclear power in a mass - production model like what HPG has proposed are radically better — France and Japan have relatively inexpensive and reliable nuclear
reactors precisely becuase they developed a couple of
standardized designs and then deployed them widely, working out the bugs in the process.