Friday, November 10, 2023

Failed U.S. Nuclear Project Raises Cost Concerns for Canadian SMR Development

Failed U.S. Nuclear Project Raises Cost Concerns for Canadian SMR Development: The abrupt failure of the leading small modular nuclear reactor (SMR) project in the United States is shining a light on public subsidies that might keep similar technology under development in Canada, even if it’s prone to the same cost overruns that scuttled NuScale Power Corporation’s Carbon Free Power Project (CFPP) in Utah.

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