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China to Advance Repayments for Customers in Biggest Bank Scam

Anger in Shanghai as Covid Return Spurs Fear of New Lockdown

Twitter Lawyers Call Musk’s Deal Termination ‘Wrongful’

Twitter Shares Sink, With Legal Battle Ahead as Elon Musk Walks Away

Byju’s Struggles to Close $800 Million Funding as Investors Balk

Australia Defense Minister Calls for US Expansion in Indo-Pacific

Funeral Held for Japan’s Abe as Successor Revives His Agenda

'Dead Money': Twitter Retail Traders Turn Sour as Musk Pulls Out

Canada’s Housing Agency Sees Chance of a Recession as Rates Rise

NASA’s James Webb Telescope Captures New Detail of Distant Galaxy Cluster

Gaudreau, Kadri Among Players to Watch in NHL Free Agency

When Data Privacy Became a Startup’s Nightmare

Why the iPhone Is Missing From Foxconn’s Asia Tour

Shinzo Abe’s Greatest Legacy Is Military, Not Economic

WeChat Is China’s Most Beloved (and Feared) Surveillance Tool

Natural Gas Is Gaining Ground, and the US Has Plenty of It

Using Artificial Intelligence to Predict the Next Covid Variants

Hospitals Must Provide Abortions When Needed Post-Roe, HHS Says

Condoleezza Rice Joins Group Buying the Denver Broncos

Condoleezza Rice Added to New Broncos Ownership Group

Nikola Seeks to Limit General Counsel’s Advice in Milton Trial

Fossil-Fuel Deals Aren’t Worth It for Banks, Climate Group Says

Will Los Angeles Join a Ban on New Gas Stations?

Thailand Plans $37 Billion Smart City to Support Industrial Hub

How the Amusement Park Conquered America

GameStop Launches Its NFT Marketplace Just as NFT Sales Dry Up

Celsius Repays $113 Million of Loans as Crypto Lender Fights Insolvency

Bitcoin Miners Shut Off Rigs as Texas Power Grid Nears Brink

Much of the world has been turning away from nuclear power, with its aging plants, legacy of meltdowns and radioactive waste. But some governments, big companies and billionaires including Bill Gates and Warren Buffett are convinced the technology can help save the planet. Unlike wind and solar sources, nuclear power can be switched on and off at any time, and without the planet-warming emissions produced by gas and coal. Investments of hundreds of millions of dollars are going toward a new generation of so-called small modular reactors (SMRs), which ultimately could provide a safe and nimble source of carbon-free energy -- if they can overcome challenges related to economics, safety and public opinion. 

Of the more than 70 such reactors that the International Atomic Energy Agency lists as in some stage of design or development, the smallest are less than 5 meters (16 feet) in diameter and 10 meters in height. (The plant that would be built to operate the reactor would be bigger, of course.) SMRs typically have less than 300 megawatts of generating capacity, about a third of that of existing reactors. The “M” in SMR -- modular -- means these reactors can largely be built in factories and shipped in standardized parts for assembly on-site. That means shorter construction times and greater flexibility to expand to meet demand.