US Abandons Plans for First Small Nuclear Reactor Plant

The first planned small modular nuclear reactor plant in the US, known as the Carbon Free Power Project, has been canceled. The project, developed by NuScale Power and its primary partner Utah Associated Municipal Power Systems, faced economic challenges as the cost of renewables dropped. The project lacked enough utility partners to continue, leading to its cancellation. This setback raises uncertainty about the future deployment of commercial reactors by NuScale and the overall prospects of nuclear power in the US.