SMRs Aren’t Losing on Technology. They’re Losing on Economics

SMRs Aren’t Losing on Technology. They’re Losing on Economics

Small Modular Reactors still won’t shift the Energy Transition, but for a different reason Last year, I argued that small modular reactors will not save the energy transition. The core reasoning was simple: timelines were too long, costs too uncertain, and grid issues too persistent for SMRs to meaningfully scale in the critical decade ahead. Today, as the UK’s flagship SMR programme unfolds and European policymakers cast fresh doubt on offshore wind targets by pointing to Rolls-Royce’s design, one thing is clear: SMRs remain...