The U.S. Department of Energy received $30 million to research the reactors.💰
Of all of the nuclear reactors as part of this new development, this reactor might be commercially available the soonest, slated to be commercially operational by 2026. The SMR-160 reactor is the largest on this list of five future technologies in terms of megawatts. The US company Holtec is partnering with several industry counterparts, including Mitsubishi Electric Power Products and INL to create a light-water small modular reactor that can generate 160 megawatts.
regions of the world. The design could also serve as a scalable alternative to more permanent nuclear infrastructure. Once the prototype is developed, the company is planning on displaying it at Oyster Creek in New Jersey.Finally, Southern Company is also investigating the development of a small nuclear reactor that is based on molten chloride reactor technology. Molten chloride fast reactors, or MCFR can be scaled commercially while also functioning on a number of fuel sources, including spent fuel from existing nuclear reactors.
The U.S. D.O.E. believes these expedited timelines are necessary to ensure that the U.S. stays on the cutting edge of the nuclear reactor market globally. Advanced micro-reactors are one of the most exciting fields in the nuclear space right now, because they present the most scalability and universal useability, compared to traditional reactor designs.
Nuclear power is beginning to make a stronger and stronger case for itself in the global energy market. Do you sense that the tides may be shifting to a nuclear future?Stay ahead with the latest science, technology and innovation news, for free:
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