this post was submitted on 11 Nov 2023
277 points (96.9% liked)

Technology

59322 readers
4428 users here now

This is a most excellent place for technology news and articles.


Our Rules


  1. Follow the lemmy.world rules.
  2. Only tech related content.
  3. Be excellent to each another!
  4. Mod approved content bots can post up to 10 articles per day.
  5. Threads asking for personal tech support may be deleted.
  6. Politics threads may be removed.
  7. No memes allowed as posts, OK to post as comments.
  8. Only approved bots from the list below, to ask if your bot can be added please contact us.
  9. Check for duplicates before posting, duplicates may be removed

Approved Bots


founded 1 year ago
MODERATORS
 

First planned small nuclear reactor plant in the US has been canceled::NuScale and its primary partner give up on its first installation.

you are viewing a single comment's thread
view the rest of the comments
[–] [email protected] 117 points 1 year ago (3 children)

Might save you a click:

Too many investors pulled out of the project, at least in part due to rapidly falling prices of renewables.

[–] [email protected] 21 points 1 year ago (1 children)

Interest rates too, I’d imagine. Investing in new nuclear and expecting a decent ROI would be a dumb move now.

[–] [email protected] 6 points 1 year ago (1 children)

I am surprised they got any investors. From what I see the only way to get investment money is to say you are making a new social media app or building a condo.

[–] [email protected] 8 points 1 year ago (1 children)

Hear me out ... nuclear powered AI NFTs.

[–] [email protected] 5 points 1 year ago (1 children)
[–] [email protected] 4 points 1 year ago (1 children)
[–] [email protected] 5 points 1 year ago

Oh man this is great. Hold on let me go get the sack of money labeled "pensions" and the other labeled "Covid relief funds".

[–] [email protected] 8 points 1 year ago

Yeah the same reason nuclear is being rejected everywhere, it's economically unfeasible and a huge liability - no one wants to end up with a hugely expensive powerstation that no one wants to buy power from because it's a thousand times more expensive per kWh than any other option.

[–] [email protected] 7 points 1 year ago