Microreactors / Public-Private Partnerships Will Be Needed For Full-Scale Deployment, Says Former US Energy Secretary

About 14 designs are under development in several countries
Public-Private Partnerships Will Be Needed For Full-Scale Deployment, Says Former US Energy Secretary
Mr Moniz (left) said he is optimistic that several designs will be ready for demonstration by the end of the decade. Courtesy Dean Calma/IAEA.
International collaboration is vital in developing and deploying new nuclear power technologies such as microreactors but programmes, probably in the form of public-private partnerships, will be needed to stimulate full-scale deployment, former US energy secretary Ernest Moniz told an International Atomic Energy Agency panel discussion.

Mr Moniz said microreactors – small plants ranging from 1 to 20 MW – can be factory-fabricated and put into place to run for a very long time, essentially without attention.

“The entire nuclear unit will be produced in a factory and shipped to its operating site,” Mr Moniz said. But he warned that the first microreactors could come at a high cost and initially without a large order book needed for manufacturing. “Government-private partnerships will be needed,” he said. “There will have to be a very rapid drop in unit cost as manufacturing proceeds, which I believe will happen.”

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