Advanced Reactors / Deployment Will Require Significant Incentives Like Solar And Wind, Says US Report

Progress needed ‘in many areas’ including cost and project management

Deployment Will Require Significant Incentives Like Solar And Wind, Says US Report
An advanced reactor test facility at the Idaho National Laboratory in the US. Courtesy INL.

The deployment of advanced nuclear power reactors will need significant incentives such as those that have nurtured solar and wind technologies, along with other forms of “robust financial support”, a new report says.

The National Academies report, Laying the Foundation for New and Advanced Nuclear Reactors in the United States, calls on the government to work with the private sector to build an “effective and competitive” financing package for US exporters of advanced nuclear reactors.

The report discusses the full range of technical, regulatory, economic, and societal challenges confronting the nuclear community as it prepares for new reactor deployments and makes recommendations for the Department of Energy, the Nuclear Regulatory Commission, other federal and state agencies, and private industry.

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