"Setback for US Nuclear Industry as First Small-Scale Plant is Canceled"
TL;DR
The Carbon Free Power Project (CFPP), the first small-scale US nuclear reactor designed by NuScale, has been canceled due to a lack of additional customers to buy its power. The project, which aimed to prove that smaller modular designs could make nuclear power more affordable, faced increasing costs and struggled to secure commitments to purchase its future power. Despite the cancellation, NuScale remains ahead of competitors in developing smaller nuclear plants and plans to build reactors in Romania and power data centers in Pennsylvania and Ohio. The company aims to provide carbon-free, cost-effective power by the mid-2030s.
Topics:top-newsenergy#carbon-free-power-project#energy#nuscale#renewable-energy#small-scale-nuclear-plant#us-nuclear-industry
- The First Small-Scale Nuclear Plant in the US Died Before It Could Live WIRED
- First planned small nuclear reactor plant in the US has been canceled Ars Technica
- Shares in Portland nuclear company plunge after Idaho reactor deal collapses OregonLive
- US nuclear industry faces setback, first Small Modular Reactor nulled Interesting Engineering
- NuScale Power Stock Tumbles After Small Nuclear Plant Cancellation The Wall Street Journal
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