Nuclear Energy Could Bridge The Energy Transition Gap

Two companies in Poland, KGHM and Synthos, are looking to get small-scale modular SMR nuclear reactors up and running

Small scale nuclear companies are picking up pace, following the example of bigger nuclear firms looking for their place in future of renewables, as nuclear power finally makes a comeback following years of criticism and fear of power stations.

Two companies in Poland, KGHM and Synthos, are looking to get small-scale modular SMR nuclear reactors up and running in a bid to stake their claim to the future of Europe’s nuclear power. To date, over 70 companies around the world are involved in SMR nuclear reactor projects, with the popularity of small-scale nuclear business quickly expanding.

Both KGHM and Synthos are planning to work with American companies familiar with the SMR technology to advance their independent projects in Poland, in line with European Union expectations for net-zero carbon emissions within the next few decades.

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Uranium Is Gaining Interest On Reddit’s Most Notorious Investment Forum

Nuclear energy production has a virtually nonexistent carbon footprint

Nuclear advocates point out that the much-maligned form of energy production is actually one of the safest out there. And, importantly, nuclear energy production has a virtually nonexistent carbon footprint. It’s a highly efficient form of climate-friendly energy production, and yet it’s still a hard sell. Nuclear power plants are being decommissioned around the world, and have particularly fallen out of favor in the United States. But nuclear still has a lot of fans who make a lot of compelling points, and they are intent on making themselves heard.

While high-profile nuclear disasters like Chernobyl, Fukushima Daiichi, and Three Mile Island loom large in the public consciousness, and the long half-life of radioactive nuclear waste is a hard pill to swallow, nuclear energy actually kills far fewer people than fossil fuels. “Coal power is estimated to kill around 350 times as many people per terawatt-hour of energy produced, mostly from air pollution, compared to nuclear power,” as CNET is quick to point out.

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