NTPC Will Turn To Nuclear In Climate Goal Chase

The economic competitiveness of SMRs is still to be proven in practice, despite lower upfront capital costs, the agency said. Manufacturers, including NuScale Power Corp. and the Bill Gates-backed TerraPower LLC, say their machines will be cheap and quick to deploy. There are about 80 unique mini-reactor designs in development around the world, with some vendors promoting SMRs as solutions for remote, frontier towns in need of power.