On federal investment in Small Modular Reactor technology
Taxpayers for Common Sense on February 27 issued a press release targeting the Department of Energy for "wasting more than half a billion dollars" on its small modular reactor (SMR) development cost-sharing program. Leaving aside the historically essential role of government investment in developing, advancing, and bringing to market innovative energy technologies-and the fact that early government investments in nuclear energy technology now pay back enormous dividends to all Americans in billions of dollars' worth of affordable and emission-free electricity generation every year-many of the advantages of advanced SMR energy technologies were overlooked or misconstrued in the group's press release and policy brief.