The UK Is Going Big on Small Nuclear Reactors
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The UK is making a big bet that smaller is better, at least when it comes to nuclear reactors. Critics aren't certain how scalable that is.
The nation announced on Tuesday the creation of Great British Nuclear (GBN), a new body to foster development of nuclear power production with a £157 million ($206 million) awards pot for companies that want to vie for contracts to make small modular reactors (SMRs), which will supposedly produce cheaper energy than their larger counterparts. However, experts told The Daily Upside that SMRs are far from an economic slam-dunk.
Source Fool.com
