Can nuclear energy come back from the grave?

Supporting this trend, firms such as Rolls-Royce in Britain and NuScale in the US are developing a new generation of small modular reactors that can be built and commissioned in under 10 years.

Local planning processes are extensive and bitter. Construction takes time, not least because of the extensive safety assessments required and time costs money. As a result, projects will proceed only where there are credible guarantees regarding future pricing and power purchases. Moreover, there is no guarantee that natural-gas prices will remain high when new fields in regions such as North Africa or Central Asia come on stream, or that the EU will deliver on itsEqually, the nuclear industry is still failing to deal effectively with the problem of waste disposal. At plants such as Sizewell in eastern England, there is the additional challenge of securing sufficient water supplies to operate the reactors.

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