Judi Greenwald, Jeremy Harrell and Jessica Lovering write in UtilityDive about lessons learned from NuScale’s terminated project in Utah.
- The cancelation of NuScale’s first of a kind advanced nuclear project provided several important lessons about investment, regulations, and supply chains.
- Importantly, the failure of this project is not a nail in the coffin for advanced nuclear as several other energy projects like offshore wind have also faced high costs and canceled projects.
- Getting any first of its kind energy technology up and running will come with setbacks, but the future of advanced nuclear energy in the U.S. is still bright if regulators and developers learn from NuScale’s project by streamlining regulations, investing in innovation, and prioritizing smart project management.
“Continued public and private financial support for advanced nuclear energy research, development, demonstration and deployment is even more important now. This support not only fosters technological advancements but also contributes to broader climate and sustainability goals, supports national security, and helps strengthen diplomatic relations between the U.S. and its allies.”
Read the full article here.
The views and opinions expressed are those of the author’s and do not necessarily reflect the official policy or position of C3.
