First planned small nuclear reactor plant in the US has been canceled::NuScale and its primary partner give up on its first installation.

  • @[email protected]
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    1172 years ago

    Might save you a click:

    Too many investors pulled out of the project, at least in part due to rapidly falling prices of renewables.

    • @[email protected]
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      212 years ago

      Interest rates too, I’d imagine. Investing in new nuclear and expecting a decent ROI would be a dumb move now.

    • @[email protected]
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      82 years ago

      Yeah the same reason nuclear is being rejected everywhere, it’s economically unfeasible and a huge liability - no one wants to end up with a hugely expensive powerstation that no one wants to buy power from because it’s a thousand times more expensive per kWh than any other option.