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Global Marketplace

www.read-tpt.com

104

September 2013

According to Siemens’s Mr Laske, one of the new electric

buses costs at least $519,000: as much as twice the price

of a comparable diesel bus. But he expects that to drop as

production rises. He also noted that some of the expense of

a new bus is offset by lower operating costs from savings on

fuel and maintenance.

Anna Reich of Wiener Linien, the municipal transport

company, pointed out the savings to the city from not having

to build new infrastructure for its bus fleet.

“Vienna has the fifth largest tram infrastructure in the world,”

Ms Reich told the

Herald Tribune

. “We wanted to use [what]

we already have.”

If licensing can be speeded up,

smaller reactors could hold

promise for a beleaguered

American nuclear power industry

Small modular reactors (SMRs) can be made in factories,

assembled on-site, and arrayed in multiple-reactor

configurations to incrementally scale up capacity.

As further described by Navigant Research in its report

“Small Modular Reactors,” released 4 June, SMRs have

lower upfront capital costs, enhanced safety features, flexible

deployment modes, innovative fuel cycles, and a broader

range of applications.

Countering the economies of scale offered by larger facilities

with economies of mass production and standardisation,

these upstarts would appear to offer a range of advantages

to producers of nuclear power. And Navigant (Boulder,

Colorado) expects them to seize their opportunity.

The specialised services firm forecasts global SMR capacity

to grow from a few dozen megawatts (MW) this year to at

least 4.6 gigawatts (GW) – and conceivably to surpass 18GW

– in 2030.

“The move toward smaller, more flexible reactors is returning

the nuclear power industry to its roots, in the US Navy’s

nuclear submarine program,” according to Richard Martin,

Navigant’s editorial director. “It’s clear that, for the so-called

renaissance of nuclear power to achieve its potential, SMRs

must become a significant part of the world’s nuclear fleet.”

The company found strong government support for

SMR research and development, with the barriers to

commercialisation for vendors of SMR technology falling

steadily. But there are hurdles. In the US, one of the largest

is gaining approval and licensing from the Nuclear Regulatory

Commission, which recently approved the first new large,

conventional reactors in the nation in more than 30 years.