Reuters: Mini-reactors could crack nuclear industry’s financing problem: Moniz

From Reuters:

Moniz said SMRs can be an answer to the financing issue because they will change the scale of the capital at risk.

Moniz said he expects the first SMR concepts will apply to the U.S. Nuclear Regulatory Commission for design certification next year.

“Assuming that goes smoothly, we are talking 2022-2023 as a credible time for having some of those built,” he said.

Moniz – who is a nuclear physicist – said the United States sees nuclear as part of the solution for climate change but much will depend on regulation and technology.

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