Haley Zaremba of OilPrice.com writes about small modular reactors and what role they could play in scaling clean power.
- Small modular reactors (SMRs) can be built off-site and require less land to operate, which reduces construction times and costs.
- SMRs produce less waste than traditional nuclear power plants, and in some cases, can actually run on spent fuel.
- SMRs offer a chance to reduce emissions while providing reliable and affordable power to consumers.
“That’s the beauty of SMRs: the small models are designed to be manufactured off-site at a commercial scale, and assembled on site for more efficient nuclear energy deployment. This could fundamentally shift the role of nuclear power in the global energy mix. Contrary to popular belief, nuclear energy has been proven time and again to be safer than most other kinds of energy production. The real problem for the nuclear sector is that building new nuclear reactors is extremely expensive, thanks to all of those very necessary regulatory hurdles that ensure the safety of new builds. SMRs can avoid a lot of that expense through standardization.”
Read the full article here.