Potential of small modular reactors are worth calculated Texas investment

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The article discusses Texas' initiatives to promote the development of small modular reactors (SMRs) as a viable source of nuclear energy. SMRs, which can generate up to 300 megawatts of power, are designed to be constructed more efficiently and assembled on-site, potentially reducing costs and construction timelines compared to traditional nuclear plants. Texas Governor Greg Abbott has expressed a desire for the state to lead in advanced nuclear power, prompting the allocation of $350 million for grants to support the nuclear industry and the establishment of the Texas Advanced Nuclear Energy Office.

Despite the promise of SMRs, the article highlights the financial risks associated with nuclear projects, citing the significant cost overruns and delays experienced by recent nuclear plants in the U.S. The author remains cautiously optimistic that SMRs could provide a solution to the challenges of nuclear energy, particularly in meeting the growing energy demands in Texas. The funding allocated by the state is seen as a starting point for research and development, aimed at making nuclear energy a more sustainable and cost-effective option for the future.