For Wider Adoption of Small Modular Nuclear Reactors, Experts Call on Licensing & Permitting Reform

Nick Loris offered policy recommendations to speed up the deployment of small modular reactors in MarketScale.

“What we really need to see now though is licensing and permitting reform. For instance, the Nuclear Regulatory Commission’s just licensed and certified NuScale’s reactor design, but it took half a billion dollars in costs for the company to get through the process, not to mention they started that process in 2008. So if we want to have more of these innovative technologies reach the marketplace to provide durable emissions-free power, we need more efficient regulatory and permitting processes while still maintaining the necessary environmental safeguards to get these technologies off the ground.”

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