U.S. study finds advanced reactors can be cost effective

July 17, 2020, 11:28AMAround the Web

Nuclear Engineering International reported this week on a new study for the U.S. Department of Energy’s Advanced Research Projects Agency–Energy (ARPA-E) program. The 90-page study, “Cost and Performance Requirements for Flexible Advanced Nuclear Plants in Future US Power Markets,” finds that advanced reactors that cost less than $3,000/kW will create the most value for plant owners. The work was funded by ARPA-E’s Modeling-Enhanced Innovations Trailblazing Nuclear Energy Reinvigoration (MEITNER) program.