Nuclear power’s small modular reactors have built-in advantages that provide opportunities for growing the emissions-free energy source globally, but they need government support to bring those help the technologies gain a viable market foothold, according to a United Kingdom task force’s new report. The Expert Finance Working Group has recommended that the UK government work with the energy, nuclear and finance sectors to ascertain risks, develop land sites for new projects and help reduce cost of capital. With time, the movement can make SMR technologies economically stand on their own.
Power Engineering 10th Aug 2018 read more »