U.S. Funds Small Modular Reactors
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larger reactorsReuters
•US opens applications for $900 million for small nuclear reactors
79% Informative
The U.S. on Wednesday opened applications for up to $900 million in funding to support the initial domestic deployment of small modular reactor nuclear technology.
Small modular reactors differ from traditional larger nuclear plants in that they have simpler designs and can be scaled to demand.
Critics say they will be more expensive to run than larger reactors because they will struggle to achieve economies of scale.
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