With a few SMR projects built and operational at this point, and more plants under development, the Institute for Energy Economics and Financial Analysis (IEEFA) concludes in a report that SMRs are “still too expensive, too slow to build, and too risky to play a significant role in transitioning away from fossil fuels.”
Yes, and SMR tech is not mature enough to be considered useful, BUT if it can overcome that hurdle, it has the potential for applications that need exceptionally high availability, like data centers targeting five 9s availability.
Energy costs aren’t always the only consideration