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Small modular reactors (SMRs) are a type of nuclear fission reactor which are smaller than conventional reactors, and can be manufactured at a plant and brought to a site to be assembled. SMRs can provide power to remote locations or act as a peaking power plant.
There are several key trends in SMR technology:
1. Smaller size: SMRs are much smaller than traditional nuclear reactors, which makes them more flexible and easier to deploy.
2. Modular design: SMRs are designed in modular units that can be combined to create a larger reactor. This makes them easier to construct and allows for a more efficient use of resources.
3. Enhanced safety: SMRs have enhanced safety features that make them safer than traditional nuclear reactors.
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There are a number of key drivers of the SMR market, including the need for cleaner energy, the declining cost of nuclear power, and the growing demand for electricity in developing countries.
The need for cleaner energy is one of the most important drivers of the SMR market. Nuclear power is a carbon-free source of energy, and SMRs can be designed to have a very low environmental impact. This is a key advantage over traditional fossil fuels, which are a major source of greenhouse gas emissions.
By Reactor Type
- Light-water Reactor
- Heavy-water Reactor
- High-temperature Reactor
- Fast-neutron Reactor
- Molten Salt Reactor
By Grid Connectivity
- On Grid
- Off Grid
- Single-module Power Plant
- Multi-module Power Plant
- Power Generation
- Process Heat
- Hydrogen Production
- NuScale Power
- Transatomic Power
- Oklo Inc.
- Advanced Reactor Concepts
- China National Nuclear Corporation
- Korea Hydro & Nuclear Power
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