Small modular reactors (SMRs) are the future of nuclear power, and they could become an important strategic export industry in the next two decades. SMRs must get to sufficient scale so they can become cost competitive with other energy sources including large reactors, renewables. . Based on 25 years of research and development, paired with decades of institutional know-how, the AP1000 ® PWR plant design by Westinghouse is setting a new standard for nuclear plant design and performance. The Westinghouse AP300™ Small Modular Reactor (SMR) is the most advanced, proven and. . New reactors use novel materials and compact designs to make nuclear power safer and cheaper. Nuclear power has been a critical part of the electricity grid for decades, but old reactor designs—which often come in years behind schedule and billions over budget—could soon get a big refresh. Built for the 21st century grid, TerraPower's Natrium technology is one of the fastest and lowest-cost paths to advanced, zero-carbon energy. Each of those reactors can generate 1,114 megawatts of electricity, enough for more than 800,000 homes.
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