> Nuclear is outrageously expensive, though. And new reactor designs don't seem to be making much progress on that.
Nuclear plants are expensive the way GE and Bechtel build them not inherently so. At some point I got to look at the Diablo Canyon cost-to-build breakdown and about 2/3ds of the cost were litigation, licensing, and specialized site and construction prep. Finding people who could do the kinds of welds they needed, build structures in the right way, inspect, inspect, inspect, and litigate dozens of lawsuits asserting on form of harm or another. It was pretty amazing.
This particular company can build the reactor in their factory. All their specialists are in one place, you can have permanent inspection equipment with costs amortized over all the reactors you build, and the safety systems this reactor design purports to have means no additional site prep (no backup generators, no double containment vessels, no borosilicon sandpits under the reactor to slag into glass while "catching" a meltdown.
If I were to guess, while the pitch is all about safety, this design screams that it is all about cost. When you factor in that the design in modular, so making a 100MW power station with 20 of these gets advantages of scale that multiplies the cost advantage.
When I read this I see those cost savings and recognize this could be both cheaper than renewables and way more reliable. A solid base load solution to kill the last of the coal plants.
