Setback For Small Nuclear Reactors: B&W Cuts mPower Funding

mdsolar (1045926) writes with news that funding for the mPower, a Small Modular [Nuclear] Reactor, has been cut due to the inability to find investors interested in building a prototype. From the article: "The pullback represents a major blow to the development of SMRs, which have been hailed as the next step forward for the nuclear power industry. ... All told, B&W, the DOE, and partners have spent around $400 million on the mPower program. Another $600 million was needed just to get the technology ready for application to the Nuclear Regulatory Commission for licensing. ... B&W plans to continue low-level R&D on the mPower technology with a view to commercial deployment in the mid-2020s, said CEO James Ferland. But without a major shift in the business environment and in investor perceptions of the risks and rewards associated with nuclear power, that seems fanciful."

Comments

That's because there's already one on the market

[virtualXTC]

That's because investors don't want to develop a product to compete with something that already exists (and is very well funded) but is having regulatory issues:

Re:I have a project

[G-forze]

There is no such thing as a non-radiactive tritium reactor. That is a fact and a law of physics.

There is also no such thing as a non-radioactive sandwich, that's a fact and law of physics. (C-14 for instance.) What has that got to do with anything? That you use scare words like "unbelievably dangerous", "terrorists" and "suicidally stupid" only makes you seem less informed. You are just a greenpeace troll. Nothing to see here.