NuScale Power, previously expected to be the first U.S. company licensed to build a small modular reactor, said this month it was terminating a planned 462MW project in Utah because of rising costs.
China has a goal to produce 10% of electricity from nuclear by 2035 and 18% by 2060, but as of September this year had not met its 2020 target to install 58 gigawatts of nuclear capacity.
China has also not signed a pledge by 20 countries at the COP28 climate conference taking place in Dubai to triple nuclear power capacity by 2050.
Kinda shows nuclear is slowly dying with the rise of cheap renewable energy.
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Kinda shows nuclear is slowly dying with the rise of cheap renewable energy.