By James Conca at Forbes
It’s been 30 years since America built a really new nuclear power plant, but we haven’t been idle over this time. A slew of new designs have emerged and, thanks to advances in computing capabilities and the understanding that smaller is better, many of these are ready to be built economically.
This is important. Over the last several years, there has been a growing consensus among climate scientists that nuclear energy is critical for mitigating the worst effects of global warming. States are shifting from Renewable Energy Mandates to technology neutral Clean Energy Standards that include nuclear energy.
So it is good that the development of new nuclear technologies is speeding along faster than most people think. Many new nuclear start-up companies have emerged in the United States, China and Canada, especially those designing small modular reactors (SMRs).
Importantly, all are walk-away-safe, which means the reactor just won’t melt down or otherwise cause any of the nightmares people think about when imagining the worse for nuclear power. It just shuts down and cools off.