Should You Buy SMR While It’s Under $20?
NuScale Power (NYSE: SMR), the maker of nuclear small modular reactors, is down more than 58% in the past six months, and the stock closed at a little over $17 a share on Dec 16. The stock initially rode a wave of enthusiasm this summer, and then again this fall, reaching a …
#dining #cooking #diet #food #Nutrition #initialcustomers #MotleyFoolStockAdvisor #NuScale #nutrition
https://www.diningandcooking.com/2438183/should-you-buy-smr-while-its-under-20/
Small nuke reactors are really coming online by next year, #US #EnergySecretary #ChrisWright insists
The #UnitedStates #Nuclear Regulatory Commission has only approved two #SMR designs for commercial construction, both are actually iterations of the same design from #NuScale, one able to produce 50 MW of energy and an upgraded 77 MW model. For reference, typical #datacenter uses between 5 and 10 MW, but the mega-datacenters favored by hyperscalers can require up to 100MW.
https://www.theregister.com/2025/09/16/small_modular_reactors_2026/
The Rise and Fall of #NuScale: a nuclear cautionary tale
Kelly Campbell
October 29, 2024
"A decade ago, NuScale, the Oregon-based small modular nuclear company born at Oregon State University, was on a roll. Promising a new era of nuclear reactors that were cheaper, easier to build and safer, their Star Wars-inspired artist renditions of a yet to be built reactor gleamed like a magic bullet.
"As of last year, NuScale was the furthest along of any reactor design in obtaining Nuclear Regulatory Commission licensing and was planning to build the first small modular nuclear reactor in the United States. Its plan was to build it in Idaho to serve energy to a consortium of small public utility districts in Utah and elsewhere, known as #UAMPS.
"This home-grown Oregon company was lauded in local and national media. According to project backers, a high-tech solution to climate change was on the horizon, and an Oregon company was leading the way. It seemed almost too good to be true.
"And it was.
"Turns out, NuScale was a #HouseOfCards. The UAMPS project’s price tag more than doubled and the timeline was pushed back repeatedly until it was seven years behind schedule. Finally, UAMPS saw the writing on the wall and wisely backed out in November, 2023.
"After losing their customer, NuScale’s stock plunged, it laid off nearly a third of its workforce, and it was sued by its investors and investigated for investor fraud. Then its CEO sold off most of his stock shares.
"NuScale’s project is the latest in a long line of failed nuclear fantasies.
"Why should you care? A different nuclear company, #XEnergy, now in partnership with #AmazonCorp, wants to build and operate small modular #nuclear reactors [#SMRs] near the #ColumbiaRiver, 250 miles upriver from #PortlandOR. #BillGates’s darling, the #Natrium reactor in #Wyoming is also plowing ahead. Both proposals are raking in the Inflation Reduction Act and other taxpayer funded subsidies. The danger: Money and time wasted on these #FalseSolutions to the #ClimateCrisis divert public resources from #renewables, #EnergyEfficiency and other faster, more cost-efficient and safer ways to address the climate crisis.
"A recent study from the Institute for Energy Economics and Financial Analysis concluded that small modular nuclear reactors are still too expensive, too slow to build and too risky to respond to the climate crisis.
"While the nuclear industry tries to pass itself off as 'clean,' it is an extremely dirty technology, beginning with #UraniumMining and #UraniumMilling which decimates #IndigenousLands. Small modular nuclear reactors produce two to thirty times the radioactive waste of older nuclear designs, waste for which we have no safe, long-term disposal site. Any community that hosts a nuclear reactor will likely be saddled with its radioactive waste – forever. This harm falls disproportionately on #Indigenous and #LowIncome communities.
:For those of us downriver, X-Energy’s plans to build at the Hanford Nuclear Site on the Columbia flies in the face of reason, as it would add more nuclear waste to the country’s largest nuclear cleanup site.
"In #Oregon, we have a state moratorium on building nuclear reactors until there is a vote of the people and a national waste repository. Every few years, the nuclear industry attempts to overturn this law at the Oregon Legislature, but so far it has been unsuccessful. This August, Umatilla County Commissioners announced they’ll attempt another legislative effort to overturn the moratorium. Keeping this moratorium is wise, given the dangerous distraction posed by the false solution of small modular nuclear reactors. Let’s learn from the NuScale debacle and keep our focus on a just transition to a clean energy future–one in which nuclear power clearly has no place."
#EnvironmentalRacism #HoltecLies
#NuclearLies #TEPCOLied
#NoNukes #NoNukesForAI #Hanford #NuclearPowerCorruptionAndLies
Five Things the “#NuclearBros” Don’t Want You to Know About #SmallModularReactors #SMRs
by #EdwinLyman, director of nuclear power safety at the Union of Concerned Scientists (#UCS)
April 30, 2024
"Even casual followers of energy and climate issues have probably heard about the alleged wonders of small modular nuclear reactors (SMRs). This is due in no small part to the 'nuclear bros': an active and seemingly tireless group of #NuclearPower advocates [#Trolls] who dominate social media discussions on energy by promoting SMRs and other 'advanced' #nuclear technologies as the only real solution for the #ClimateCrisis.
"But as I showed in my 2013 and 2021 reports, the hype surrounding SMRs is way overblown, and my conclusions remain valid today.
"Unfortunately, much of this SMR happy talk is rooted in #misinformation, which always brings me back to the same question: If the nuclear bros have such a great SMR story to tell, why do they have to exaggerate so much?
What are SMRs?
"SMRs are nuclear reactors that are 'small' (defined as 300 megawatts of electrical power or less), can be largely assembled in a centralized facility, and would be installed in a modular fashion at power generation sites. Some proposed SMRs are so tiny (20 megawatts or less) that they are called 'micro' reactors. SMRs are distinct from today’s conventional nuclear plants, which are typically around 1,000 megawatts and were largely custom-built. Some SMR designs, such as #NuScale, are modified versions of operating water-cooled reactors, while others are radically different designs that use coolants other than water, such as liquid sodium, helium gas, or even molten salts.
"To date, however, theoretical interest in SMRs has not translated into many actual reactor orders. The only SMR currently under construction is in China. And in the United States, only one company—#TerraPower, founded by Microsoft’s Bill Gates — has applied to the Nuclear Regulatory Commission (NRC) for a permit to build a power reactor (but at 345 megawatts, it technically isn’t even an SMR).
"The #NuclearIndustry has pinned its hopes on SMRs primarily because some recent large reactor projects, including #Vogtle units 3 and 4 in the state of #GeorgiaUSA, have taken far longer to build and cost far more than originally projected. The failure of these projects to come in on time and under budget undermines arguments that modern nuclear power plants can overcome the problems that have plagued the nuclear industry in the past.
"Developers in the industry and the US Department of Energy say that SMRs can be less costly and quicker to build than large reactors and that their modular nature makes it easier to balance power supply and demand. They also argue that reactors in a variety of sizes would be useful for a range of applications beyond grid-scale electrical power, including providing process heat to industrial plants and power to #DataCenters, #cryptocurrency mining operations, petrochemical production, and even electrical vehicle [#EV] charging stations.
"Here are five facts about SMRs that the nuclear industry and the 'nuclear bros' who push its message don’t want you, the public, to know."
#HoltecLies #NuclearPower #NuclearLies #TEPCOLied #NoNukes #NoNukesForAI #NuclearPowerCorruptionAndLies
World's first nuclear-powered hydrogen simulator became operational in the U.S. NuScale launches real-time integrated system producing over 200 tons of hydrogen daily using small modular reactors.
https://www.news-cafe.eu/?go=news&n=13708
#nuclear #fusion #nuscale #energy @nuscale_power
Goldman Sachs highlights Cameco and NuScale as top beneficiaries of Trump’s nuclear power agenda, citing potential demand surge and regulatory catalysts for both companies.
#YonhapInfomax #GoldmanSachs #Cameco #NuScale #NuclearPower #TargetPrice #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=65093
#Deepseek: KI-Blase platzt - Aktienkurse von US-Atomkraftswerksbetreibern abgerutscht - Investitionen in neue Reaktoren "zumindest infrage gestellt" - https://www.n-tv.de/wirtschaft/Warum-der-Deepseek-Schock-sogar-Kernkraftwerke-erfasst-article25520497.html #smr #microsoft #google #nuscale #oklo
Alleima har erhållit order på ånggeneratorrör för små modulära reaktorer (SMR). Kunden är Doosan Enerbility och slutanvändaren är NuScale. https://borsposten.se/alleima-far-order-till-smr-reaktorer-fran-nuscale/ #aktier #Alleima #NuScale
Будущее дата-центров — ИИ и ядерные реакторы
Малый ядерный реактор NuScale Power Сейчас ЦОДы потребляют примерно 2% электроэнергии в мире , но в будущем их доля значительно возрастёт: по некоторым прогнозам, превысит 20% к 2030 году , а в отдельных странах вроде Ирландии превысит 30%. Идея питания ЦОДов от малых ядерных реакторов кажется вполне здравой. В конце концов, это экологически чистый источник энергии, который не загрязняет окрестности дымом, шумом и вредными газами.
https://habr.com/ru/companies/ruvds/articles/871144/
#ruvds_статьи #xAI #xAI_Colossus #Илон_Маск #датацентр #ЦОД #ядерный_реактор #Microsoft #Apple #Meta #атомная_энергетика #tensor_processing_units #TPU #Baltra #VoltaGrid #Small_Modular_Nuclear #SMR #NuScale #малый_модульный_реактор #АСММ #атомная_станция #ММР #экология #ПАТЭС #Oklo #BWX_Technologies #RollsRoyce #TRISO
Not to mention all the #WaterConsumption! There are plans to restart aging nuclear reactor as well as untested SMR reactors! Will #AI’s huge energy demands spur a #nuclear renaissance?
By Davide Castelvecchi
25 October 2024
Do small modular reactors carry extra risks?
"In some cases, small modular reactors 'could actually push nuclear power in a more dangerous direction', says #EdwinLyman. 'Advanced isn’t always better.'
"In particular, Lyman points out that the pebble-bed designs drawn up by #XEnergy and #Kairos would rely on high-assay low-enriched #uranium (#HALEU), which comprises 10–20% uranium-235 — compared with the 5% enrichment level required by most existing reactors (and by #NuScale’s reactor). HALEU is still classified as low-enrichment fuel (as opposed to the highly enriched uranium used to make nuclear bombs), but that distinction is misleading, Lyman says. In June, he and his collaborators — including physicist Richard Garwin, who led the design of the first hydrogen bomb — warned in a Science article that a bomb could be built with a few hundred kilograms of HALEU, with no need for further enrichment.
"Smaller reactors are also likely to produce more nuclear waste and to use fuel less efficiently, according to work reported in 2022 by Macfarlane and her collaborators. In a full-size reactor, most of the neutrons produced by the splitting of uranium travel through a large volume of fuel, meaning that they have a high probability of hitting another nucleus, rather than colliding with the walls of the reactor vessel or escaping into the surrounding building. 'When you shrink the reactor, there’s less material in there, so you will have more neutron leakage,' Macfarlane says. These rogue neutrons can be absorbed by other atomic nuclei — which would then themselves become radioactive."
Original article:
https://www.nature.com/articles/d41586-024-03490-3
Archived version:
https://archive.ph/mODpF#selection-952.0-991.164
#AI #ArtificialIntelligence #Cryptocurrency #DataCenters #RethinkNotRestart #NoNukesForAI #NoNukes #NuclearHype #NeutronEmbrittlement #NuclearWaste #NotCarbonFree
EDF stoppt SMR-Projekt
Auch zweiter Versuch gescheitert
Mehr dazu bei .ausgestrahlt, Nr. 62, S.4 https://ausgestrahlt.de
a-fsa.de/d/3Dp
Link zu dieser Seite: https://www.aktion-freiheitstattangst.org/de/articles/8940-20241021-edf-stoppt-smr-projekt.html
Link im Tor-Netzwerk: http://a6pdp5vmmw4zm5tifrc3qo2pyz7mvnk4zzimpesnckvzinubzmioddad.onion/de/articles/8940-20241021-edf-stoppt-smr-projekt.html
Tags: #SMR #Framatome #Nuscale #AKW #Frankreich #Störfälle #Google #Microsoft #EDF #ForschungprojekteScheitern #Atomstaat #Zensur #Transparenz #Informationsfreiheit
Малые модульные реакторы для энергоснабжения ЦОД: новый источник энергии все реальнее
Разговоры о ММР ведутся уже давно, но есть и реальные разработки, которые получают одобрения от регуляторов и постепенно становятся все ближе к реальному использованию. О состоянии этой отрасли можно судить и по количеству различных новостей, которые появляются едва не каждую неделю — все больше компаний занимаются вопросом разработки или применения малых модульных реакторов для энергоснабжения дата-центров. И это объяснимо, ведь энергопотребление ЦОД-ов постепенно достигает гигантских объемов. Некоторые страны просто ограничивают строительство таких объектов, просто потому, что энергии не хватает. Есть и другие решения — локальные ГЭС, «зеленая» энергия, и ММР позволяют — вернее, позволят — строить ЦОД в больших количествах и масштабнее, чем сейчас. Подробности под катом.
Chemelot: SMR at Limburg chemical cluster undesirable
Last year, the Dutch Province of Limburg started an alliance in which, besides the local government, research institutes, small nuclear reactor (SMR) developers, utilities, industrial customers and funders cooperated. With this "Limburg SMR alliance" Limburg tried to lead the way towards an SMR in Limburg. The preferred site for a first SMR would be Chemelot, a chemical industry cluster near Geleen. Chemelot's director was also in favor, initially. Last month, however, a report from the alliance revealed that Chemelot had abandoned its ambition for a small nuclear reactor: "Chemelot realised that it is undesirable as a location due to the mutual risks of chemical plants, combined with the safety requirements of an SMR." The alliance is now considering its options.
In other Dutch provinces SMRs also have been suggested an option for decarbonizing chemical plants - notorious large energy squanderers. However, the safety concerns now raised by the Chemelot management will not only be typical to the Geleen industry. The SMR-world will probably not like to admit it, its incompatibility with chemical plants seems to be another big dent in the outlook for SMRs.
https://www.laka.org/nieuws/2024/chemelot-smr-at-limburg-chemical-cluster-undesirable-188936
@johnquiggin NuScale Power has scammed hundreds of millions of dollars from a range of government and private funding groups.
They're the darlings of pro-nuclear techbos and other gullible fools who put their wishful thinking and hatred of cost-effective genuine renewable energy ahead of reality.
Recently, NuScale Power made an incredibly dodgy financial manoeuvre (special-purpose acquisition company (SPAC)) to get listed in the stock exchange. This will perpetuate the grift and make some of the founders rich, but get them no closer to making the AM/FM step (Actual Machines vs Fucking Magic).
NuScale Power is touted by RWNJs such as the LNP in Australia as the future of energy production because they cannot stomach the idea of renewables.
There's one more important thing you need to know about NuScale's SMR: the project is dead.
https://www.theguardian.com/australia-news/2023/nov/09/small-modular-nuclear-reactor-that-was-hailed-by-coalition-as-future-cancelled-due-to-rising-costs
#NuclearPower #SmallNuclearReactors #SMR #Renewables #AusPol #NuScale #NuScalePower
Turkenburg: Zwaar weer voor de SMR (Small Modular Reactor) van Nuscale
In debatten over de mogelijkheden die kleine modulaire kernreactoren (SMR's) zouden kunnen bieden voor onze energievoorziening wordt veelvuldig verwezen naar de ontwikkeling in Amerika van een kleine reactor sinds 2012 door het (nieuwe) bedrijf Nuscale. De eerste toepassing van deze reactor zou in een nieuw te bouwen kerncentrale in Idaho (USA) plaatsvinden. De plannen hiervoor bestaan sinds 2015. Destijds werd verwacht dat de kerncentrale in 2023 zou kunnen gaan draaien.
De geschatte bouwkosten van de kerncentrale zijn in de loop van de tijd sterk opgelopen, van 5 tot 6 duizend dollar per kW(el) in 2015 naar zo'n 20.000 dollar per kW(el) in 2023.
In november jl. werd bekend dat de betrokken energiebedrijven hebben besloten het bouwproject in Idaho af te blazen. Het zou voor hen te duur worden, ondanks de 4,2 miljard steun die het project via subsidies van de federale overheid zou krijgen. In de voorbereiding van de bouw hadden de energiebedrijven inmiddels ruim 200 miljoen dollar geïnvesteerd.
Bij Nuscale heeft een en ander in de laatste paar maanden tot het ontslag van ca. 30% van de medewerkers geleid.
Lees het bericht van Wim Turkenburg verder op Linkedin
„Small Modular Reactors“ sind die Seifenblasen der #Atomkraft: bunt schillernde Projektionsflächen, dahinter ziemlich viel Luft. Die ernstzunehmendste der Blasen ist jetzt geplatzt.
https://www.ausgestrahlt.de/blog/2024/02/09/die-illusionsmaschine/
@janhaverkamp @gimulnautti
There is a peculiar hype on nuclear energy in Finland. The cost & budget overruns and other disappointments of #Olkiluoto3 & 4 and #Fennovoima are now forgotten. It's politically incorrect to not praise nuclear energy, and SMR:s in particular. All agree that it was a mistake to order a pilot EPR design in Olkiluoto, but nobody seems worried about placing currently non-existent SMR units in urban settings. Nobody dares discuss the recently terminated #NuScale project.
"Small modular nuclear reactors: a history of failure"
"Global hype around small reactor designs to replace fossil fuels is on the rise everywhere but few, if any, are likely to ever be built."
"SMRs so far? Shut down"
“Without exception, small reactors cost too much for the little electricity they produce”
"Not so “waste-annihilating” reactors go bust"
https://www.climateandcapitalmedia.com/small-modular-nuclear-reactors-a-history-of-failure/
17.1.2024
#AKW #ASTRID #Atomkraft #BREST #CAREM #Kernenergie #NPP #NuScale #mPower #SMR #TerraPower
