- Jun 6, 2019 8:57 pm GMT
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Utilities have had trouble building a sound business case for new nuclear plants in the US, according to Ted Nordhaus, executive director and Jessica Lovering director of energy at the Breakthrough Institute. Construction of two large conventional light-water reactors (LWRs) in Georgia is years behind schedule and billions over budget. Spiraling cost overruns and construction delays led to the cancellation of two new reactors in South Carolina. A possible solution, advanced reactors, is emerging. Their smaller sizes reduce total funding and simplify engineering, which makes them easier to model and speeds up the licensing and commercialization processes. How much interest does your company have in nuclear? What do you think of their new designs?