Ready-to-go renewables better option than SMRs

Tuesday 04 Jun 2024
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Sources of renewable energy should be more widely adopted in the near term instead of focusing on small modular reactors (SMRs), a new report has found.

Produced by the Institute for Energy Economics and Financial Analysis (IEEFA), the report finds that SMRs are still too expensive, too slow to build, and too risky to play a significant role in transitioning away from fossil fuels.

According to the International Atomic Energy Agency over 80 SMR concepts are at some phase of development globally.

Read more here.