Kashiwazaki-Kariwa Nuclear Power Plant, Fukushima
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Small nuclear reactors are pitched as cheaper, safer, faster and easier to finance than their conventional counterparts. Hype around them is building fast, but some experts warn it ignores fundamental
Companies like Kairos Power are building new types of reactors with the encouragement of the Trump administration, but their success is far from assured.
Over 50 small reactors generating up to 500 megawatts of electricity have been built over the past half-century. Their median build time has been eight years. By contrast, large reactors have been operational after seven years thanks to greater experience building them.
INDIANAPOLIS — On Tuesday, Nov. 4, First American Nuclear (FANCO) announced they were moving to Indiana and planning to build their first energy park using their EAGL-1 small modular reactors (SMRs). The project is expected to bring 5,000 jobs to the state.