🇦🇷
Argentine President Javier Milay has effectively halted funding for nuclear power. The budget of the National Atomic Energy Commission (CNEA) is set at around 100 billion pesos ($114 million), despite annual inflation approaching 300%, meaning that this amount was only enough to cover expenses until this month or next month. Accordingly, work on CAREM (the all-Argentine 32 MW small nuclear reactor) and other projects will stop. Work on Argentina’s SMR, fully funded by the state, began in 2014 and should be completed by 2028. It is true that with such funding, the timeline and aspirations look too ambitious.
Leave a Reply