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Reuse of coal plants can cut small modular nuclear reactor development costs by 35%: report

Stephen Singer of UtilityDive writes about a new report that has found that reusing coal plants can cut small modular nuclear reactor development costs by 35%.

The C3 Take
  • The report, which was authored by the Bipartisan Policy Center, found that 80% of coal plants surveyed had the basic characteristics that are needed to power small modular reactors.
  •  77% of coal power plant jobs are also transferable to nuclear power, according to the report, which is important to rural communities that will be impacted by coal plant closures.
  • Placing advanced nuclear plants on old coal facilities would reduce construction costs and some permitting delays, leading to an overall development cost reduction of 17% to 35%.

“Other benefits highlighted by the report are SMRs’ flexible power output levels that allow developersto match the output of a retiring coal plant and capacity restrictions of equipment, unlike the fixed capacity of traditional nuclear plants. And SMRs require small areas, making its footprint suitable for replacing a retiring coal plant, according to the report.”

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.

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