The Nuclear Microreactor Race Is Heating Up

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Nano Nuclear Energy Inc. believes it will be the first to commercialize microreactors by 2030, providing compact energy solutions for remote areas, data centers, and more.

During a wide-ranging interview with The Epoch Times, the leadership of Nano Nuclear Energy Inc. predicted they would win the race to commercialize a reactor small enough to fit in a shipping container. 'By 2030, we're pretty convinced we'll be the first company to sell microreactors,' said Nano Nuclear CEO James Walker, a nuclear physicist who previously led the development of the Rolls-Royce Nuclear Chemical Plant.

' 'One of the reasons SMRs were actually developed was to avoid the large capital costs that you would associate with civil power plants. And so to say SMR would promote big civil nuclear, perhaps that's true, but essentially it's trying to sit as its own entity to avoid actually those big capital costs,' he said. NRC 'Adapting to Change' Yu Some nuclear proponents take issue with the NRC.

 

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