Coalition’s nuclear SMR poster boy cancels flagship project due to soaring costs

“NuScale, the controversial proponent of nuclear small modular reactor designs that has been championed by the federal Coalition and technology ideologues around the world, has had its flagship project cancelled because of rising costs.

NuScale is often cited as the company with the most advanced plans on nuclear SMRs – a technology that does not actually exist in the commercial market – and had planned to build six such 77 MW reactors in Utah under a much vaunted proposal.”