Catalyst with Shayle Kann cover image

Strong opinions on SMRs

Catalyst with Shayle Kann

CHAPTER

What Does That Mean in Terms of LCOE?

If you just built those and also had like 1960s operating costs, you're talking like $15 a megawatt hour. Or like 1.5 cents a kilowatt hour. Super cheap. So why can't we build more of the old stuff at that price? We should. But we're not because, and even forget the US regulatory stuff, right? Think globally. The industry incumbents weren't allowed to get paid based on cheap and efficient power plant design. They actually got reimbursed more if they would build it slow and expensive.

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