> Even if its cheaper to build small reactor vessels, MANY of the other costs become more expensive in larger numbers.
There is no way SMR could beat solar+battery power cost even now. With sodium and other batteries projected to reduce storage cost, it is even more unlikely that SMR could be price competitive in future grids. SMR is the only way that dying western nuclear industry could attempt to deal with ballooning compliance and finance costs and hope for revival. China or India doesn't have this compliance cost and still build conventional nuclear.
Even for the SMR usecase that got funding recently, mega datacenter electricity, there is new geothermal power companies getting funding and are transitioning from pilot projects to production. Some are using tech that is already being used in oil fracking industry for decades, so new geothermal tech scaling up has far less roadblocks technology and compliance wise. So other than military and mobile civil applications like nuclear icebreaker, I don't see the chance of SMR succeeding anywhere else.
There is no way SMR could beat solar+battery power cost even now. With sodium and other batteries projected to reduce storage cost, it is even more unlikely that SMR could be price competitive in future grids. SMR is the only way that dying western nuclear industry could attempt to deal with ballooning compliance and finance costs and hope for revival. China or India doesn't have this compliance cost and still build conventional nuclear.
Even for the SMR usecase that got funding recently, mega datacenter electricity, there is new geothermal power companies getting funding and are transitioning from pilot projects to production. Some are using tech that is already being used in oil fracking industry for decades, so new geothermal tech scaling up has far less roadblocks technology and compliance wise. So other than military and mobile civil applications like nuclear icebreaker, I don't see the chance of SMR succeeding anywhere else.