NuScale makes public debut but requires ‘a lot of financing’ to launch small nuclear reactor in 2029.
Utility Drive
June 1, 2022
The meltdown of the Fukushima nuclear power plant in 2011 essentially put the nail in the coffin of the construction of big nuclear power plants with similar technologies in the U.S., according to nuclear proponents and watchdogs. That disaster, along with earlier accidents, ongoing delays and cost overruns at the Vogtle nuclear plant in Georgia, has added to the tailwinds of taking the nuclear technology known as small modular reactors, or SMRs, to market.