this post was submitted on 03 Jun 2024
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With a few SMR projects built and operational at this point, and more plants under development, the Institute for Energy Economics and Financial Analysis (IEEFA) concludes in a report that SMRs are "still too expensive, too slow to build, and too risky to play a significant role in transitioning away from fossil fuels."

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[–] fpslem 25 points 6 months ago (2 children)

Return on investment is still heavily in favor of solar or wind generation with battery or hydro storage for low generation periods.

[–] [email protected] 4 points 6 months ago (1 children)

Yes, and SMR tech is not mature enough to be considered useful, BUT if it can overcome that hurdle, it has the potential for applications that need exceptionally high availability, like data centers targeting five 9s availability.

Energy costs aren't always the only consideration

[–] [email protected] 4 points 6 months ago

Excellent point, but we should also consider how much data center utilization is due to wasteful, zero-value-added activities such as crypto mining, which should be banned.

[–] [email protected] 10 points 6 months ago (1 children)

Big overruns in budget and time for first 4 plants currently under construction, but the analysis double dips regarding "risk" as they are again talking about financial risk to investors, not risk of meltdown or other disaster.

[–] [email protected] 1 points 6 months ago (1 children)

Investment risk is a category of risk. How's that "double-dipping?"

[–] [email protected] 1 points 6 months ago

The investment risk is directly related to cost overruns and delays, which are already stated.

On the other hand, a major point of these projects is how they significantly reduce the risk to humans and the environment compared to other nuclear plants, so I don't think I'm alone in expecting the "risk" in the headline was referring to some rebuttal of their claims, but that is not the case.