Small nuclear reactors face US demand boom


Backers of small modular reactors say the technology will eventually be cheaper and faster than today’s nuclear power plants. — Reuters

HOUSTON: Everyone from the US energy secretary to Big Tech touts small modular nuclear reactors as a potential answer to booming power demand, but the technology is struggling to become commercial due to costs and regulatory hurdles.

Energy-hungry data centres powering artificial intelligence (AI) are expected to spike electricity demand, including in the United States where its use has been mostly flat for two decades.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

China's Q4 GDP growth slows to 3-year low, full-year pace meets official target
World markets jolted, dollar dips as Trump vows tariffs on Europe over Greenland
Oil prices steady as ebbing Iranian protests lower chance of US attack
Foreign funds log second straight week of net inflows of RM716.1mil
Ringgit opens higher against greenback on better-than-expected 4Q GDP estimates
FBM KLCI slips on profit-taking as US-EU geopolitical tension escalates
Trading ideas: Binastra, Capital A, Allianz, MN, Vestland, Genting Plantations, YTL Cement, Pimpinan Ehsan, TH Plantations, Marine & General, FGV, SumiSaujana
Press Metal earnings outlook bright thanks to hedging
EU set to halt approval for trade deal with the US�
If I were an ageing oil palm tree

Others Also Read