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Utah: 140MW Geothermal bid can beat the cost and performance of the proposed Nuclear SMR

January 27, 2023 by Dennis Wamsted

The U.S. state of Utah is processing an agreement for a new Small Modular Reactor (SMR) to provide baseline and dispatchable power. The SMR bid quotes a price of $89/MWh. But cost overruns will tie the state’s consumers to whatever high prices entail, says Dennis Wamsted at IEEFA. Now a geothermal bid from NV Energy has been presented that offers the same capacity at around $70/MWh. Wamsted explains why the 140MW geothermal project would meet … [Read more...]

Filed Under: Energy, Geothermal, Nuclear Tagged With: baseline, costs, dispatchable, electricity, geothermal, Nuclear, prices, renewables, SMR, UAMPS, US, Utah, variable

Small Modular Reactor cost overruns: the same old problems haunt new nuclear in Utah

November 25, 2022 by David Schlissel

Much hope is being placed on Small Modular Reactors (SMR) making new nuclear plants competitive. But David Schlissel at IEEFA summarises their research into the publications, updates and statements coming from the stakeholders involved with the SMR by UAMPS (Utah Associated Municipal Power Systems) and NuScale Power Corporation that shows that costs are going out of control, a persistent problem in the nuclear industry. The original target power … [Read more...]

Filed Under: Energy, Nuclear Tagged With: construction, costs, delays, electricity, Fluor, grids, Nuclear, NuScale, power, SMR, UAMPS, Utah

Small Modular Reactors: interview with NuScale’s Jose Reyes

June 10, 2019 by Dan Yurman

Dan Yurman has interviewed the co-founder and Chief Technology Officer of NuScale Power, Jose Reyes. NuScale designs and markets small modular reactors (SMRs). Its NuScale Power Module can generate 60 MW: small units, alone or combined, can suit a far wider range of energy demand than standard reactors that deliver hundreds of MWs at a minimum. The comprehensive interview covers international and U.S. developments, including plans to commence … [Read more...]

Filed Under: Energy, Nuclear Tagged With: Canada, jobs, Jordan, Nuclear, NuScale, Romania, SMR, UAMPS, UK, US

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  • Could big U.S. subsidies for Hydrogen create perverse incentives, raise emissions? by James Sallee | posted on September 29, 2023
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      Recent Posts

      Scaling up global grid-scale Storage to 80GW/year (it was 16GW in 2022)

      H2 Green Steel has raised billions in 3 years: a case study of Industrial Project Finance

      Could big U.S. subsidies for Hydrogen create perverse incentives, raise emissions?

      Belgium: commercially viable Rooftop Solar for social housing. No installation subsidies, lower bills

      Concrete supercapacitor: works like a battery, much cheaper, easy to make

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