IEER Report: Small Modular Reactors a "Poor Bet" To Revive Failed Nuclear Renaissance in U.S.

$90 Billion in Initial Manufacturing Order Book Needed, Requiring Massive Involvement by the Chinese or Taxpayer-Backed Federal Subsidies; Major Implications Seen for Companies and SMR Test Sites in FL, MO, NC, OR, PA, SC, and TN.
WASHINGTON, Aug. 8, 2013 /PRNewswire-USNewswire/ -- A shift to "small module reactors" (SMRs) is unlikely to breathe new life into the increasingly moribund U.S. nuclear power industry, since SMRs will likely require tens of billions of dollars in federal subsidies or government purchase orders, create new reliability vulnerabilities, as well as serious concerns in relation to both safety and proliferation, according a report issued today by the nonprofit Institute for Energy and Environmental Research (IEER) think tank . 

http://media.prnewswire.com/en/jsp/latest.jsp?resourceid=7171084&access=EH