NuScale Power encounters same old story

NuScale Power, which had planned to develop a small, modular nuclear plant, has suspended operations due to lack of funding and the the Securities Exchange Commission has filed an action against its lead investor, The Michael Kenwood Group. The suit against Kenwood prevents NuScale from moving forward so it has mothballed the project. Even had the project gone ahead, it compared unfavorably economically to other, cleaner and safer sources of energy. The estimated cost of the plant was $6,000 a kilowatt, more expensive than  wind ($2,000 a kilowatt) and solar (approaching $3,000 a kilowatt installed for large projects).