ETI NCD Study cited in the UK's HM Treasury NetZero Interim report

HM Treasury NetZero Report

HM Treasury NetZero Report

January 31, 2021

TerraPraxis' partner, LucidCatalyst's ETI NCD Study is cited in the UK's HM TreasuryNetZero Interim report as evidence that "learning can, and does, occur for nuclear power plant construction where nations are able to invest in fleet deployment, using the same design across multiple projects, as seen in the Republic of Korea and elsewhere.” (Page 39). " Nuclear project developers are also exploring ways to modularise construction where possibel to mitigate delays...and reduce overall project risk. Furthermore, pending global regulatory approval, small modular reactors (SMRs), could have the potential to go further by using repeat manufacture and on-site assembly techniques that accelerate learning and enable cost reductions."

TerraPraxis' partner, LucidCatalyst's ETI NCD Study is cited in the UK's HM TreasuryNetZero Interim report as evidence that "learning can, and does, occur for nuclear power plant construction where nations are able to invest in fleet deployment, using the same design across multiple projects, as seen in the Republic of Korea and elsewhere.” (Page 39). " Nuclear project developers are also exploring ways to modularise construction where possibel to mitigate delays...and reduce overall project risk. Furthermore, pending global regulatory approval, small modular reactors (SMRs), could have the potential to go further by using repeat manufacture and on-site assembly techniques that accelerate learning and enable cost reductions."