Small Modular Reactor Deployment and Obstacles to Be Overcome

Abstract

To meet climate policy goals, it will be necessary to deploy a series of low-carbon energy technologies, including nuclear power. The small modular reactor (SMR) can potentially support climate change mitigation and energy security issues. Small modular reactors (SMRs) are gaining popularity; however, one crucial debate is whether SMRs can compete economically with conventional nuclear reactors or not. From a commercial point of view, SMRs will be able to provide process heat in various industrial applications, replace older nuclear, natural gas, and coal power facilities, and serve smaller energy markets with less established infrastructure. Realizing these advantages would rely heavily on the near-term quick up-scaling of SMRs; this paper, then, examines and identifies some of the most hindering constraints and barriers for the quick deployment of SMR such as the technology choice, licensing, economy of scale and financing, public acceptance, supply chain, and proliferation. A clear identification of the evident and more hidden bottlenecks preventing a quick deployment is made putting in evidence areas in need of much deeper analysis than the one conducted by the SMR community so far.

Keywords

• small modular reactor deployment
• licensing
• public acceptance
• financing
• supply chain