Small Modular Reactors – Key to Future Nuclear Power
Small modular reactor (SMR): Advanced reactors that are built in modular arrangements at the factory are less than 600 MWe,3 and shipped to the location of use by truck, rail, or barge. Weighted average cost of capital (WACC): The rate (in percent) that a company is expected to pay on average to all its security holders to finance its assets.
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