From Next Big Future:
NuScale factory built modular 50 megawatt nuclear reactors have funding, customers and some NRC approval
Nuscale Power has more than $700 million in government and private investment and they have a customer. A consortium of municipal utilities in six Western states hopes to out 12 of the fifty-megawatt reactors together in Idaho to create a 600-megawatt power plant for the bargain price — compared with other nuclear facilities — of $2.85 billion.
In January, the Nuclear Regulatory Commission ruled that the design of the NuScale reactor — which relies on air circulation for cooling — is so safe that it does not need the expensive emergency pumps and backup electrical systems required of big conventional reactors. The decision brings NuScale closer than any company in decades to gaining a license to operate an entirely new reactor design in the U.S. for commercial use.
It is still a conventional light water but with much better engineering. I wish that LFTR would be promoted more but its time will come.
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