Iran eyeing development of many small reactors instead of one big reactor.

Iran eyeing development of many small reactors instead of one big reactor. (PressTv).

 "A utility that thinks it can have its own little nuclear reactor at a bargain-basement price may get exactly what it pays for: a plant that is more vulnerable to serious accidents and terrorist attacks."


Iran’s nuclear chief Ali-Akbar Salehi has announced that the country is looking into the development of small reactors.

Salehi has been quoted by Iran’s local media as saying that this is a new strategy that could decrease the costs and in turn increase the profits over the utilization of nuclear energy.

“During the recent talks with US negotiators in Geneva, US Energy Secretary Ernest Moniz said Washington is also looking into this strategy,” the head of the Atomic Energy Organization of Iran (AEOI) has been quoted as saying by the Persian-language newspaper Ta’adol.

Salehi said the construction of a 1600-megawatt reactor requires an investment of $15 billion. “This is while the construction of small reactors with a capacity of 50-100 megawatts requires much less investment,” he said.

Salehi accompanied Iran’s Foreign Minister Mohammad-Javad Zarif in Iran’s high-profile nuclear negotiations in Geneva on Sunday and Monday in which US Secretary of State John Kerry and Energy Secretary Moniz had also participated. (End of Feb).

Salehi told Iran’s media on Thursday that “very useful results” had been obtained during technical negotiations with the US team. He also said some “long steps” had been taken over some key technical issues that had previously hit a deadlock in the course of Iran’s nuclear negotiations with the P5+1 group of countries. Hmmm.....This means a 'Now or Never Moment' for Israel to act!