The small reactors aren’t required to be located near large sources of water, which allows opens up the arid West for nuclear development. Utilities may also add more small reactors on site as needed. In addition, the power reactors will store their waste on each site for the estimated 60-year reactor life. [China Goes Nuclear.]
Experts believe that small reactors are safer than large ones. Small reactors are simpler and have less parts that fail, and they also have a smaller nuclear reaction, which makes it easier to shut down. [16 Ways to Play the State of the Union.]
For more information on the nuclear industry, visit our nuclear energy category.
- PowerShares Global Nuclear (NYSEArca: PKN)
- Market Vectors Nuclear Energy (NYSEArca: NLR)
- iShares S&P Global Nuclear Energy (NYSEArca: NUCL)
Max Chen contributed to this article.