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I could imagine they already have contracts in place, even at a higher price tag. It's Rolls-Royce after all, also, they mention they have some MoUs in place.
by moralestapia 5y ago
I could imagine they already have contracts in place, even at a higher price tag. It's Rolls-Royce after all, also, they mention they have some MoUs in place.
(This is not based on any facts, it's just a moonshot) If they manage to drive cost down to 1/10th of that, while actually delivering and showing their design is safe (which I think it is), this could be a global energy game changer.
The world's total energy consumption from "dirty" sources is ~140,000TWh, one of these SMRs could plausibly produce 3TWh/year, so about ~45k would be needed to match our current energy demands. The world is not going to switch to 100% of these, obviously, but nonetheless their market is HUGE (trillions!).