Nuclear Roundup - Hyperion power generation, Korean Smart Reactor, Kazakhstan uranium deal with China
With development of large-scale reactors in the United States slowed by constrained debt capital markets, the absence of climate legislation, low gas prices and flagging power demand, talk in the nuclear industry has shifted to next-generation reactors that are smaller, less capital-intensive and therefore more flexible. These small and modular reactors (SMRs), generally 300 MW or less, can serve remote locations, small power grids and large process heat needs, such as oil production from the Alberta tar sands.
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