Q. With reference to Small Modular Reactors (SMRs) consider the following statements:
1.SMRs require significant upfront capital investment and have higher operational costs than the conventional nuclear power plants.
2.SMRs are adaptable and can be scaled up or down to supply more or less power.
3.SMR-based power plants might only need to refuel every three to seven years, as opposed to every one to two years for traditional plants.
How many of the above statements are correct?
Answer: B
Notes:
Explanation –
Statement 1 is incorrect. SMRs aim to achieve economies of scale through modular construction and standardized designs, potentially making them more cost-effective for smaller energy markets or remote locations than the conventional nuclear power plants.
Statements 2 and 3 are correct. SMRs are adaptable and can be scaled up or down to supply more or less power. SMR-based power plants might only need to refuel every three to seven years, as opposed to every one to two years for traditional plants.
Source: ForumIAS