SMR Growth Projections

What is happening? An NEI utility survey indicates that several utilities evaluating installing SMRs at their shuttered coal plants to work to get 90 GW over the next 25 years via 300 SMRs so as to power half the homes in the U.S.

Why is this important? Estimated the costs of the “first of its kind” SMR at $3,800 per kW at the low end and $5,500 kW at the high end. 

How will this be important? SMR supporters say NuScale is the only public company in the arena and the only one close to approval from the  Nuclear Regulatory Commission.

Utility Dive | Emerging small reactors projected to provide 90 GW of nuclear power to the US grid by 2050: NEI survey