14-11-2024
The Cost of Small Modular Nuclear Reactors (SMRs): Promise, Challenges, and Viability
In this episode of The Cost of Everything, we explore the rising interest in Small Modular Reactors (SMRs) and the financial realities behind their potential to transform nuclear energy. SMRs have been hailed as the future of nuclear power, with their smaller footprint, modular design, and faster build times. But what are the true costs involved in bringing them to scale?Join us I look into:The unique cost structure of SMRs versus traditional reactorsInsights from the World Economic Forum’s recent white paper on accelerating SMR deployment and building a supportive regulatory frameworkAdvanced applications of SMRs beyond electricity, including decarbonizing shipping and supporting deep-space missionsHow SMRs could pave the way for Advanced Modular Reactors (AMRs) and innovative fuel cycles that reduce nuclear wasteFor cost estimators, nuclear industry professionals, and anyone interested in the future of clean energy, this episode unpacks the economic, regulatory, and technological factors shaping the future of SMRs.Tune in to understand what it will really take for SMRs to succeed as a scalable, carbon-free energy source!Join the LinkedIn Page: Here Link to the ICEAA website to find out more about the next Symposium: https://www.iceaaonline.com/workshop/Subscribe to the podcast for more expert insights into cost. If you enjoyed this episode, please like, comment, and share it with your network. Cost estimating everything from infrastructure to software, from people to the cosmos. Amritpal is the host of the podcast, and is himself a professional cost estimator.