NuScale’s nuclear power project is too much of a financial and environmental risk when there are cleaner energy alternatives.
Not only will NuScale’s virtually untested nuclear technology be an estimated 40% more costly than renewable energy portfolios, the project in Idaho Falls, Idaho, will also likely go exceedingly over budget.
Many recent nuclear projects nationwide have resulted in extreme cost overruns and project cancellations, the burden of which has often fallen on ratepayers. For instance, ratepayers in South Carolina will end up owing more than $6,000, to be paid in monthly installments for the next four decades for a failed nuclear power plant.