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by spenrose
2904 days ago
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"Is nuclear power going to help the United States decarbonize its energy supply and fight climate change? Probably not. That is the conclusion of a remarkable new study published in the Proceedings of the National Academy of Sciences in early July — remarkable because it is not written by opponents of nuclear power, as one might expect given the conclusion. The authors are in fact extremely supportive of nuclear and view its loss as a matter of “profound concern”" https://www.vox.com/energy-and-environment/2018/7/11/1755564... |
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A couple years ago I got to sit in a meeting between a former head of the NRC, and representatives from over a dozen advanced reactor startups. The main complaint of the startup people was that the NRC requires them to spend several hundred million dollars on a detailed design before the NRC will even look at their proposal. Then the NRC gives a straight yes or no. If "no" then the project is over; if "yes" then they still have nothing but a paper reactor.
It's a very difficult environment for investors. The startups said just going with a more phased approach would be a huge help.
By contrast, Canada has regulators much more friendly to new technology, without compromising safety. Terrestrial Energy, a molten salt reactor startup in Canada, has spoken highly of their regulators, and thinks they can have reactors on the grid by the mid-2020s.