First planned small nuclear reactor plant in the US has been canceled::NuScale and its primary partner give up on its first installation.
First planned small nuclear reactor plant in the US has been canceled::NuScale and its primary partner give up on its first installation.
Might save you a click:
Too many investors pulled out of the project, at least in part due to rapidly falling prices of renewables.
Interest rates too, I’d imagine. Investing in new nuclear and expecting a decent ROI would be a dumb move now.
Yeah the same reason nuclear is being rejected everywhere, it’s economically unfeasible and a huge liability - no one wants to end up with a hugely expensive powerstation that no one wants to buy power from because it’s a thousand times more expensive per kWh than any other option.
It is time