Friday, December 6, 2024

SMR

The future of nuclear power in the US will be played out by doing the right thing for the wrong reasons. People in the energy business who are not bothered by politics know that nuclear is the solution to the problem of climate change but they are stymied by political concerns. Thus they will use a back door answer to get nuclear, mostly small modular reactors (SMR's), underway. They will convince the government that China is building SMR's and will soon be exporting them around the world most notably to the US. There are some indications that Trump understands this and will push to develop SMR's here in the US. Despite his support of fossil fuels, President-elect Trump may end up being supportive of nuclear power — not so much because it’s a clean energy source, but because of his goal, as he pledged during his campaign, to “bring Americans the lowest-cost energy and electricity on Earth.” There is no evidence at this time that would indicate that Trump is aware of thorium reactors but that can change quickly once the decision is made to go nuclear.

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