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 reactors
• Insights from the World Economic Forum’s recent white paper on accelerating SMR deployment and building a supportive regulatory framework
• Advanced applications of SMRs beyond electricity, including decarbonizing shipping and supporting deep-space missions
• How SMRs could pave the way for Advanced Modular Reactors (AMRs) and innovative fuel cycles that reduce nuclear waste

For 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!

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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.