4 ms·
Unfortunately Nuscale (and the other SMR companies) aren't going to work.. they keep missing all their deadlines and earlier announced plans/contracts have all
by mikeyouse 1y ago
Unfortunately Nuscale (and the other SMR companies) aren't going to work.. they keep missing all their deadlines and earlier announced plans/contracts have all fallen through when they start to try and build the things. Nuscale is instructive in that they announced a plant in 2015 that would provide energy in 2023 cost $3 billion in 'overnight' dollars. In 2018, they increased the cost estimate to $4.8 billion. In 2020, they increased it to $6.1 billion. In 2023, they increased the estimate to $9.3 billion -- before a single shovel had hit the ground. Needless to say, the utilities who would be on the hook for these costs walked away. Why in the world would anyone spend well over $10 billion on an "SMR"?
https://www.utilitydive.com/news/nuscale-uamps-project-small-modular-reactor-ramanasmr-/705717/ https://www.utilitydive.com/news/nuscale-uamps-project-small...