[T]he report’s executive summary certainly gets to the heart of their findings.
“The rhetoric from small modular reactor (SMR) advocates is loud and persistent: This time will be different because the cost overruns and schedule delays that have plagued large reactor construction projects will not be repeated with the new designs,” says the report. “But the few SMRs that have been built (or have been started) paint a different picture – one that looks startlingly similar to the past. Significant construction delays are still the norm and costs have continued to climb.”
It’s limited in the geography where it could be useful, such as near techtonic plate boundaries. Iceland gets about a quarter of its electricity that way. Some advancements in drilling techniques have made it more viable in more locations.
https://www.jonesday.com/en/insights/2023/05/is-geothermal-energy-making-a-comeback