Setback For Small Nuclear Reactors: B&W Cuts mPower Funding 165
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."
Re:Still a water cooled, solid fuel reactor (Score:1, Funny)
When will this people learn ?
When you demo your brilliant design that doesn't suffer from those problems, and from all the problems that your panacea has. Let me know when you schedule your presentation, thanks.
Re:I have a project (Score:3, Funny)
Re:I have a project (Score:4, Funny)
If you can figure out how to remove corruption and stupidity from governmental and/or corporate organizations you'd probably get Nobel Prizes in several categories.