<story><title>NRC Certifies First U.S. Small Modular Reactor Design</title><url>https://www.energy.gov/ne/articles/nrc-certifies-first-us-small-modular-reactor-design</url></story><parent_chain><item><author>pfdietz</author><text>NuScale recently announced large cost increases at the project with UAMPS.  The cost per unit of capacity is now on par with the new reactors at Vogtle (~$20&amp;#x2F;W).  This is outside the range at which the project could be competitive.&lt;p&gt;&lt;a href=&quot;https:&amp;#x2F;&amp;#x2F;ieefa.org&amp;#x2F;resources&amp;#x2F;eye-popping-new-cost-estimates-released-nuscale-small-modular-reactor&quot; rel=&quot;nofollow&quot;&gt;https:&amp;#x2F;&amp;#x2F;ieefa.org&amp;#x2F;resources&amp;#x2F;eye-popping-new-cost-estimates-r...&lt;/a&gt;</text></item></parent_chain><comment><author>prottog</author><text>To put in other units: a rise from previous targets of $58&amp;#x2F;MWh to $89&amp;#x2F;MWh, more than 50%, not including a $30&amp;#x2F;MWh subsidy (so the true cost is actually $119&amp;#x2F;MWh).&lt;p&gt;To be fair, it says the cost increases are mainly due to the rise in construction material prices as well as financing costs; nothing inherent to nuclear power or the novel technology itself.</text></comment>
<story><title>NRC Certifies First U.S. Small Modular Reactor Design</title><url>https://www.energy.gov/ne/articles/nrc-certifies-first-us-small-modular-reactor-design</url></story><parent_chain><item><author>pfdietz</author><text>NuScale recently announced large cost increases at the project with UAMPS.  The cost per unit of capacity is now on par with the new reactors at Vogtle (~$20&amp;#x2F;W).  This is outside the range at which the project could be competitive.&lt;p&gt;&lt;a href=&quot;https:&amp;#x2F;&amp;#x2F;ieefa.org&amp;#x2F;resources&amp;#x2F;eye-popping-new-cost-estimates-released-nuscale-small-modular-reactor&quot; rel=&quot;nofollow&quot;&gt;https:&amp;#x2F;&amp;#x2F;ieefa.org&amp;#x2F;resources&amp;#x2F;eye-popping-new-cost-estimates-r...&lt;/a&gt;</text></item></parent_chain><comment><author>gene-h</author><text>And the article notes that the cost increases were due to factors such as the price of steel and steel fabrication increasing. Perhaps the cost of building new reactors like Vogtle has gone up similarly?</text></comment>