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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

Most read this week

  • Geothermal’s full potential: 24/7 power everywhere, storage, environmental mineral extraction by Kelly MacGregor | posted on March 29, 2023
  • ‘Green Deal Industrial Plan’ explainer: 40%+ of the top low-carbon technologies must be made in the EU by 2030 by Daisy Dunne | posted on March 24, 2023
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  • What is the future of Woody Biomass in the EU energy mix? by Simon Göss | posted on March 21, 2023
  • Micro-nuclear reactors: up to 20MW, portable, safer by Christina Nunez | posted on April 22, 2021
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      Recent Posts

      What is the future of Woody Biomass in the EU energy mix?

      “Baltic Power 1.2GW offshore wind project to come online by 2026”

      Geothermal’s full potential: 24/7 power everywhere, storage, environmental mineral extraction

      The problem with CO2e: we need separate emissions data for each climate pollutant (methane, soot, etc.)

      Should U.S. DOE risk funding methane-based Hydrogen production when CCS is still not proven?

      ‘Green Deal Industrial Plan’ explainer: 40%+ of the top low-carbon technologies must be made in the EU by 2030

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