Business Standard

A new dawn for nuclear energy?

Small modular reactors can have enormous implications for energy transition in India

Illustration
Premium

Illustration: Ajay Mohanty

Ajay Shah
A weak economic case and the Fukushima accident had created pessimism about nuclear energy worldwide. That picture is changing. Technical improvements are improving safety and business viability. The Ukraine war and global warming have created a fresh urgency to get away from fossil fuels. In the US, a new design of a 50-megawatt (MW) “small modular reactor” (SMR) recently got regulatory approval. If SMRs make it into assembly line production, there will be big gains on price.

After the accidents at Three Mile Island in the US (1979), Chernobyl in the USSR (1986), and particularly Fukushima in Japan (2011), there was
Disclaimer: These are personal views of the writer. They do not necessarily reflect the opinion of www.business-standard.com or the Business Standard newspaper

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in