Part 2 of 2 Parts (Please read Part 1 first)
Typically, the complex and difficult NRC review can take seven years or more to complete. There is no guarantee that the project in question will receive final approval. Last year, the NRC denied Oklo Power, LLC’s application to construct a “fast reactor” in Idaho for allegedly failing to supply sufficient information on the facility’s design.
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TerraPower is backed by Bill Gates and the U.S. Department of Energy (DoE). It plans to construct the pilot “Natrium” liquid-sodium-cooled nuclear energy plant in Kemerer, Wyoming. TerraPower hopes that its success will spur the deployment of Natrium and other small nuclear reactors (SMRs) around the world.
European Commissioner (EC) for Energy Kadri Simson has announced that the EC will establish an Industrial Alliance dedicated to small modular reactors (SMRs) in early 2024 in response to calls from the nuclear industry, research community and nuclear safety regulators.
A minister-led working group in the Czech Republic examined the potential of small modular reactors (SMRs), possible sites and called for the start of construction in the first half of the 2030s. The plans will be included in the State Energy Policy and Spatial Development Policy of the Czech Republic report.
Norsk Kjernekraft (NK) has submitted a proposal to Norway’s Ministry of Oil and Energy for an assessment of the possibility of constructing a nuclear power plant based on multiple small modular reactors (SMRs) in the municipalities of Aure and Heim. NK said that this marks the first formal step towards the construction of country’s first nuclear power plant.
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Nuclear advocates claim that Australia has no choice. They say that wind and solar are intermittent power sources. They claim that the cost of making them reliable is too high.