2024: The State of Advanced Reactors

January 19, 2024, 3:07PMNuclear NewsMatt Wald

Designs for high-tech products, and the start-ups that offer them, will always outnumber the commercial successes. Ditto: many more power plants are proposed than actually get built, no matter what the technology.

This is an axiom of free-market economies, but in early November 2023 it became painfully obvious in the advanced reactor field. NuScale Power, the only advanced reactor that has made it through the licensing gauntlet, acknowledged that the consortium of utilities that was its intended launch customer had failed to put together a feasible package.

To continue reading, log in or create a free account!

Related Articles

Industry Update—February 2025

February 3, 2025, 3:00PMNuclear News

Here is a recap of industry happenings from the recent past:ADVANCED REACTOR MARKETPLACE Mission of Gen IV International Forum is extendedA framework agreement to continue the Generation IV...

Reboot: Nuclear needs a success . . . anywhere

January 10, 2025, 3:03PMNuclear NewsSusan Gallier

The media have gleefully resurrected the language of a past nuclear renaissance. Beyond the hype and PR, many people in the nuclear community are taking a more measured view of conditions that...

BWXT Canada awarded major contracts for 2 OPG plants

Work will support Pickering life extension and Darlington SMRs

January 29, 2025, 9:30AMNuclear News

Ontario Power Generation announced this week new contracts with BWXT Canada worth more than C$1 billion ($695.4 million) for projects at the Pickering and Darlington nuclear power plants....