spot_imgspot_img

Youngkin casts doubt on building small nuclear reactor in Southwest Virginia

spot_img

(The Center Square) — After months of research and investigation into what it would look like to build a small modular nuclear reactor in Southwest Virginia, Gov. Glenn Youngkin revealed the region may not be selected for Virginia’s first SMR after all.

“There may be other places around Virginia that may be better suited for the first one,” Youngkin said. “We’re looking at places across the commonwealth. I do firmly believe that Virginia will be the first state to have a small modular reactor in a commercial fashion.”

Youngkin first shared his vision of Virginia being a pioneer in the small modular reactor market and building the nation’s first commercial SMR within 10 years in October 2022. He suggested Southwest Virginia as the location for the nascent energy technology, partly because the region needs ventures to replace the dying coal industry. While he noted that it’s still a possibility the first SMR could be built in Southwest Virginia, it sounded less likely.

“As of today, the site work and all of that has really been focused on spots other than in Southwest Virginia, and the primary reason for that is there’s been a couple that have really put their hand up and said, ‘We can run fast,’” Youngkin said.

Youngkin has marketed his energy plan in deep purple Virginia as an “all-of-the-above” approach that will embrace green energy production as much as possible without compromising the grid’s reliability. Supporters of small modular nuclear reactors say they could be a source of dependable energy production that is also zero-emission.

However, there are a few concerns. Some worry about the uranium waste the reactors generate and the disposal process. There’s also the expense of getting the industry off the ground.

The Center Square reported on the venture when Youngkin first announced his plans, and David Kemp, a research analyst at the libertarian Cato Institute, expressed skepticism at the time. Kemp explained that “nuclear power is not cost competitive with coal or natural gas because ‘construction costs are astronomical.’”

“Most people are being a little bit overly optimistic about their viability,” Kemp had said.

Regardless, Youngkin and others will continue to pursue bringing commercial SMRs to Virginia. Dominion Energy is looking to incorporate SMR into its future power portfolio.

Duane Miller, the executive director of the LENOWISCO (Lee, Scott and Wise counties and the city of Norton) Planning District Commission, remains optimistic about SMR’s chances in Southwest.

“The governor said that Southwest Virginia may not be the location for the first SMR, but we are still full force ahead to be able to have an SMR located in Southwest Virginia,” Miller told The Center Square. “If the commonwealth can lead in SMR deployment, then that’s a great thing. You may not be first, but as long as we can still be a consideration, I think everything’s still full speed ahead.”

Miller also emphasized that Southwest Virginia can still be a vital part of that supply chain no matter where SMRs are built – whether in Virginia or even globally. Youngkin spoke to that as well.

“Southwest Virginia has advanced manufacturing capability…. It’s really well-suited to be home to a big piece of that supply chain as this industry grows. There’s a really clear understanding that there are going to be hundreds and hundreds and hundreds of thousands of good-paying jobs that are gonna be part of the manufacturing supply chain for small modular reactors, and I sure hope we can work on getting some of that here in Southwest Virginia,” the governor said.

DON’T MISS OUT

Be the first to know about the latest news, giveaways, events, and updates from The Black Chronicle!

We don’t spam! Read our privacy policy for more info.

spot_img
spot_img

Hot this week

African and Caribbean Nations Call for Reparations for Slave Trade, Propose Global Fund

Nations across Africa and the Caribbean, deeply impacted by...

Health care company agrees to pay $22.5 million to settle claims of over billing

A health care company agreed to pay nearly $22.5...

Sports betting expert offers advice on paying taxes for gambling winnings

(The Center Square) – Tax season is underway, and...

Entertainment district benefits don’t outweigh the cost, economists say

(The Center Square) — Weeks later, after more details...

Business association ‘disappointed’ by WA L&I’s proposed workers comp rate hike

(The Center Square) – The Association of Washington Business...

Spelman College President Dr. Helene Gayle Steps Down Permanently

According to the Associated Press, Spelman College President Dr....

Wisconsin Libertarians: Give taxpayers their money back

(The Center Square) – Add Wisconsin’s Libertarian Party to...

Without title, proposal to end qualified immunity moves forward

(The Center Square) – Three months after turning away...

Michigan gas prices nearly the same as Thanksgiving 2023

(The Center Square) – Michigan gas prices the day...

Film production and historic rehabilitation credits survive tax reform

(The Center Square) − Several bills passed by Louisiana...

Kentucky motorists paying less at the pump this holiday season

(The Center Square) – Drivers going through Kentucky this...

Indiana fuel costs not much different than last Thanksgiving

(The Center Square) – This Thanksgiving weekend will feel...

More like this
Related

Spelman College President Dr. Helene Gayle Steps Down Permanently

According to the Associated Press, Spelman College President Dr....

Wisconsin Libertarians: Give taxpayers their money back

(The Center Square) – Add Wisconsin’s Libertarian Party to...

Without title, proposal to end qualified immunity moves forward

(The Center Square) – Three months after turning away...