Small modular nuclear reactors can be developed with a levelised cost of electricity (LCOE) of about $60/MWh, Jon Ball, executive vice-president of market development at GE Hitachi Nuclear Energy (GEH), said on a panel hosted by the US Energy Association (USEA).
“We believe that the future of nuclear is in small modular reactors,” Mr Ball said.
“The industry’s focus for decades has been on large reactors, but you’ve seen what has occurred in terms of these projects going over budget, way past schedule... The reason we pivoted was to create a design that could be cost-competitive with all forms of generation.”
“We believe that the future of nuclear is in small modular reactors,” Mr Ball said.
“The industry’s focus for decades has been on large reactors, but you’ve seen what has occurred in terms of these projects going over budget, way past schedule... The reason we pivoted was to create a design that could be cost-competitive with all forms of generation.”
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