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by DennisP
2903 days ago
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But it's worth noting that the study focused on the U.S., and much of the problem with advanced nuclear in the U.S. comes from the NRC's blinkered approach to regulating new designs. 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. |
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[1] https://www.vox.com/energy-and-environment/2018/7/13/1755187...