SMR Start, a consortium made up of develops and potential customers of small modular reactors (SMRs), recently published a policy statement identifying public-private partnership proposals for progressing the deployment and commercialization of SMRs.
Private companies have invested over $1 billion into the development of SMRs. In its policy statement, SMR Start requested that Congress allocate funds in the 2018 fiscal year to design and licensing, commercial deployment, technology development, as well as manufacturing and supply chain of SMR technology.
SMRs, nuclear reactors that generate less than 300 megawatts of electricity, are expected to become available in the 2020s.
Nuclear Energy Institute (NEI) collaborates with SMR Start, but is not a member of the consortium. It cited several potential advantages associated with small nuclear reactors, including quicker and less costly construction, simpler and safer designs and the capability to adjust capacity additions and operations based on demand.
“SMRs can be the best option in some markets and countries not suited to large reactors while providing the same reliable, carbon-free electricity,” NEI Vice President Dan Lipman said.
SMR Start members include Areva Inc., Bechtel Corp., BWX Technologies Inc., Dominion Energy Inc., Duke Energy Corp., Energy Northwest, Fluor Corp., Holtec International, NuScale Power, Ontario Power Generation Inc., PSEG Nuclear, Southern Nuclear, TVA and UAMPS.
The consortium was established in January 2016.
Louisville Gas and Electric Company (LG&E) and Kentucky Utilities (KU) issued a Request for Proposals (RFP) for new solar, wind,…
Wyoming gained its first solar facility this week, and Southern Power its 30th, with the beginning of operations at the…
Three project teams led by Exelon engineers recently earned honors from the Electric Power Research Institute’s (EPRI) 2024 Technology Transfer…
A coalition of more than 40 organizations and companies is urging Congress to provide robust funding for electric transmission deployment…
The Department of Energy (DOE), along with U.S. Department of the Treasury and the Internal Revenue Service (IRS) issued guidance…
In a bid to diversify its energy portfolio and improve winter reliability, Ameren Illinois recently announced plans to upgrade infrastructure…
This website uses cookies.