Safety concerns raised over NuScale SMR project - Local News 8
Safety concerns raised over NuScale SMR project - Local News 8
Sep 2, 2020
localnews8.com
First-of-its-kind nuclear project led by Oregon-based company scuttled
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Small modular reactors were sold as nuclear energy's game-changer – smaller, faster, cheaper. But NuScale's Carbon Free Power Project in Idaho tells a brutal different story. America's most advanced SMR was just cancelled after costs nearly doubled from $3.5 billion to over $9 billion. Here's what went wrong with the SMR hype. • Most advanced U.S. SMR project cancelled after massive cost explosion • From $3.5B to $9B – how SMRs became MORE expensive than traditional nuclear plants • Why
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