There’s been a lot of talk about SMR’s over the years, it’s nice to see one finally being built.
Even if it comes in over budget, getting the first one done will be a great learning experience and could lead to figuring out how to do future ones cheaper.
Assuming it’s on time, completion in 2029, connected to grid in 2030.
These are considered ‘small’ because of their footprint, not just their output. They are absolutely safe, since if they malfunction they just solidify, they do not go into melt down. It is the same technology that is used in the reactors in submarines and aircraft carriers, and believe me, those are SMALL. China is making them small enough to fit in shipping containers, to be shipped and assembled in remote communities. The one Canada is building is, however, on the larger scale of these SMR’s. China is building them by the dozens.
It is actually the technology itself that makes them part of the SMR family - far removed from the technology used in conventional large scale nuclear reactors.
And the fact that they have been used in nuclear submarines for over 50 years does NOT make the technology ‘new’. It is not just ‘talk’, it is proven, built, and tested over decades of continuous use, albeit top secret use.
It was even rumored by engineering students that there was one under the greenhouse of a Canadian university, operated in complete highest-level secrecy, been there since the '80’s. Used in the development of the reactors used in the American submarines. But that was just an unfounded rumor.
Which is also why they might be snake oil. Similar problems to a full-size modern reactor, but without the savings of scale and not having to ship modules around.
But now it allows the same top-secret ultra-classified reactors that were once limited to military craft to be used on container ships and oil tankers. Pollution-free ocean shipping.
To be clear, the exact designs on military craft are secret for security reasons, but not the theory and general technology. Commercial nuclear boats have long existed, they’re just niche for all the cost, safety and complexity reasons you’d expect.