Shortcomings and Downsides of SMRs
Significant drawbacks of SMRs are their high capital cost per Megawatt output and the risks that come with mass manufacturing them. Supporters of SMRs contend that their modular nature would allow them to be mass manufactured which would reduce overall capital requirements for construction. Although possible in theory, the reality is that there would need to be a standardized SMR design in order to realize savings through mass manufacturing, but there are currently dozens of designs. Traditional reactors are large because of economies of scale related to reactor construction and operation. [2] Currently, there is no reliable market for SMRs which creates a two-sided economic challenge to their implementation: without manufacturing facilities, SMRs cannot achieve the cost reductions that compensate for their poor economies of scale, and without cost reductions there will be no large number of orders to stimulate the investments needed to set up the initial supply chain. [4] Even if mass manufacturing is realized how proponents plan, SMRs would have to be manufactured for the price per kilowatt to be comparable to a traditional reactor. Each kilowatt hour of electricity produced by an SMR would cost anywhere from 15% to 70% more than the same amount coming from a traditional reactor. [5] For example, an 1100 megawatt plant would cost about 3 times more to construct as an 180 megawatt plant but would produce 6 times the amount of energy meaning that the capital costs per power output would be twice as much for smaller plants. [2] Recent experiences support the skepticism around mass manufacturing of SMRs; NuScale recently announced that their pilot project to construct 12 reactors would be delayed to 2030 and costs would rise from $4.2 billion to $6.1 billion. [1]
In addition, errors made in a mass manufacturing process could propagate through an entire fleet of reactors and lead to costly fixes and widespread safety issues. Designs for light water SMRs (Fig. 1), including NuScales, rely on pressurized water reactors which if not functioning properly can be very costly to fix. In the last decade, steam generators in similar systems have been needed to be replaced prematurely and led to the shut down of two nuclear plants in San Onofre, CA. [6]
Issues regarding long-lived radioactive waste and safety are also a concern with SMRs. Radioactive waste will continue to be generated by SMRs that operate with pressurized water reactors, yet there is still no solution for how to safely store such waste. In fact, SMRs based on light water designs will produce more waste per MWh of electricity produced and the United States government is already paying billions of dollars in fines for not fulfilling their waste disposal obligations. The United States has been searching for a permanent nuclear waste repository since the mid 1980s and much of the country's waste currently sits in cooling pools that potentially leave Americans at great risk of radioactive exposure. [7] In addition, NuScale claims that because SMRs produce less amounts of radioactive waste and can be sited underground, there does not need to be as tight security measures for SMRs. This type of claim from SMR proponents has led to sharp criticism from nuclear experts who believe that as long as terrorism threats exist, it is simply irresponsible to reduce security measures for nuclear reactors of any size. [2] Furthermore, proponents of SMRs like to claim that the natural circulation cooling in SMRs makes them inherently safe, but there are accident scenarios in which heat transfer conditions could be less than ideal or an error in the reactor design could occur. No design comes with zero safety risks or is 100% reliable and marketing SMRs as inherently safe is misleading. [2] Lastly, nuclear plants withdraw large amounts of water roughly 400 gallons of water are consumed per megawatt-hour of electricity generated which adds construction and operation costs to the plant as well. [8]
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