Small Modular Reactors

Potential Evolution of the SMR Market

Future of Energy, Small Modular Reactors

Small Modular Reactors (SMRs) are being actively developed, and deployed, in several countries. There are a significant number of SMR designs competing to enter the mainstream market and experience suggests the ‘winning’ technologies will emerge. From humble beginnings, the number of SMRs deployed around the world will follow a classic S-curve with hundreds of plants in operation. This will create a major new market for developers and their supply chain over the next 30 years.

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Stakeholder Engagement for SMR Projects

Small Modular Reactors, Stakeholder Engagement

Stakeholder engagement is an important activity for those who wish to develop new energy infrastructure, including Small Modular Reactors (SMRs). Deployment on existing nuclear sites is easier because the industry has engaged with local communities consistently over the long term to address their concerns. Looking ahead, there are proposals that SMRs may also be deployed to service the electricity needs of commercial enterprises on brownfield and greenfield sites. This will require a more holistic stakeholder engagement programme.

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