Thats the great thing about breeder reactors, they have been just ten years away sense 1950.

The first SVBR-100 will go critical and begin generating commercial electric power by around 2020.

I know "we have them, now, just they need a little work".

Breeders have been around for quite some time now. It's just that nuclear fuel and waste handling are both really cheap, so there hasn't been any real economic incentives to abandon conventional reactors for the more frugal but also more complex breeders.

SVBR-100 and other ideas such as LFTR can be employed large-scale (replacing all other electricity generation) with moderate effort the day economic fundamentals change. Such a change would be heavy carbon taxation, for example, or peak coal. Until then, uranium reserves can easily provide the small amounts of uranium necessary for our small fleet of conventional plants.

In contrast with pressurized water thermal reactors (PWRs)and sodium cooled fast breeder reactors (SFRs), the heavy metal reactors (lead and lead-bismuth) are being designed to be much simpler in concept and operation with an absolute top priority being given to safety. In other words they are supposed to be idiot proof. Safety systems for the SVBR-100 reactors are 100% independent of the operational status or conditions of the turbines and generators within the electric plant of which they are a part.
In a fast reactor world as the Russians conceptualize it, the reactors are supposed to be relatively cheap, and very robust. The largest "nuclear" investments in an economy that is built around fast reactors will be in the plants constructed to handle fuel reprocessing, recycling and disposal.

The Carter administration, believing that essentially any processing of spent fuel from reactors was a proliferation threat, committed the US to an open (once-through) nuclear fuel cycle in the second half of the 1970s. Absent that decision, something like the LFTR might be much closer, as engineers sought higher burn-up rates and simpler reprocessing techniques.

I could be wrong, but I think the vote in Congress was unanimous for the ban. Carter was not the only pol at fault. The pervasive fear of nuclear annihilation made all pols accept any promise of security no matter the cost. Sort of like when almost all Congress members gathered on the steps of the Capitol after 9/11 to pray and sing God Bless America. To hell with the Constitution.

The BN-600 reactor is a sodium-cooled fast breeder reactor located at the Beloyarsk Nuclear Power Station, in Zarechny, Sverdlovsk Oblast, Russia. That reactor has been operated successfully since 1980. The historical operations profile for that reactor can be seen in Fig. 2.1 in the IAEA tecdoc 1289 , "Comparative assessment of thermophysical and thermohydraulic characteristics of lead, lead-bismuth and sodium coolants for fast reactors". The Russian experience with that class of reactors has been much better than that of the Western Nations.