Global First Power Ltd’s (GFP) application for a licence to prepare a site for a small modular reactor (SMR) at Chalk River in Ontario has moved to the technical review phase of the Canadian Nuclear Safety Commission’s (CNSC) licensing process. GFP plans to build and operate a Micro Modular Reactor (MMR) unit by 2026.
Nuclear Power – Price vs Cost
If we look at energy provision for a modern industrial society as a system, more than simple accounting arithmetic is needed. Over and above the the price, there are many externalities, which economists take to be third party costs – but they are still part of the price of providing the whole system.