Will Small Modular Reactors Make Nuclear Power More Attractive to Investors?
Large,
modern nuclear reactors can produce more than 1,000 megawatts worth of
power, but cost around $7 billion to build. They must also pass vast
amounts of safety procedures and certifications, especially after the
Fukushima disaster last year. Babcock & Wilcox, a one-time builder
of large pressurized water reactors as well as smaller ones suitable for
the submarines, have suggested that reducing the size and capacity of
nuclear reactors, to about 180 megawatts, could improve safety and
reduce the cost. The reactors would be produced in a…Read more...
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