Google parent company Alphabet is seeking to reduce the cost of constructing new nuclear reactors by deploying a series of small modular reactors (SMRs) through its partnership with developer Kairos Power, Alphabet’s president and chief investment officer Ruth Porat told a conference earlier this week, according to media reports.
Porat was quoted by CNBC as telling the CERAWeek conference in Houston, US, that the public and private sectors should move “as soon as possible” to build a series of new plants that replicate the construction process to drive down costs.