Small modular reactor
A low-power nuclear reactor designed for deployment in numbers and close to consumers, under a minimal liability cap.
The small modular reactor runs below one hundred megawatts, and its whole industrial logic rests on numbers and proximity: it goes up beside data centers, industrial sites and towns. Yet the liability regime gives it its lowest cap, a primary cover truncated at seventy-four million dollars for a six-reactor site, and an aggregate cap of 560 million unchanged since 1957. Population density does enter the formula, which is actuarially correct. But the truncation cancels it out exactly where it matters most, so the lowest cap lands on the densest and most correlated deployment.
Textbook case: a single policy covers all six small reactors at one site, for an amount set per site rather than per reactor, whatever the surrounding population density.
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