And even that price is subsidized. > Hughes explained to the Hurricane City Power Board that the new cost projections take into account approximately 30% in sa

And even that price is subsidized. > Hughes explained to the Hurricane City Power Board that the new cost projections take into account approximately 30% in savings through the Inflation Reduction Act, which includes billions in tax credits to support clean energy projects. Otherwise, the project cost could be $120/MWh, he said. And they don't say it explicitly, but I think it gets worse than that. It wouldn't be unusual for new technology, especially nuclear technology, to offer things at a below market price. It's basically a demo. > The Department of Energy in 2020 approved a multi-year cost share award of about $1.4 billion to help demonstrate NuScale reactors at Idaho National Laboratory.