One key ingredient is missing from the Department of Energy's approach to small modular reactors -- a sense of urgency.
Right now, DOE is considering a proposal to award $450 million to support engineering, design certification and licensing for one or two small modular reactor designs over five years.
The plan is to match federal dollars with private money and have the new reactors operating commercially by 2022.
It's an intriguing plan. Private-public partnerships have proved to be a good way to leverage resources, especially in the early stages of a new technology, when a heavy investment in research and design is required.
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