Will Small Modular Reactors Make Nuclear Power More Attractive To Investors?

Large, modern nuclear reactors can produce more than 1,000 megawatts worth of power, but cost around $7 billion to build. They must also pass vast amounts of safety procedures and certifications, especially after the Fukushima disaster last year. Babcock & Wilcox, a one-time builder of large pressurized water reactors as well as smaller ones suitable for the submarines, have suggested that reducing the size and capacity of nuclear reactors, to about 180 megawatts, could improve safety and reduce the cost. The reactors would be produced in a…

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