Why Small Modular Reactors (SMRs) ?

Uranium (Nuclear Minerals) / Exploration, Mining, Marketing, & Acquisitions

Date posted: 10/26/15

Globalization, urbanization, population expansion, aging infrastructure, and tightening environmental regulations are taxing the current electrical generating capacity. Meanwhile, demand for electricity in the U.S. is projected to increase 21% by 2040. Replacing retiring generating plants while providing 340 GWe of new capacity over the next 25 years makes the search for affordable, emission-free, and carbon-free clean energy urgent and immediate. Principal features involved in selection of SMRs - Downsized, simplified reactors are poised to reinvent nuclear energy and bring deliver economic, carbon-free power to support global demand. Given the inherent advantages of nuclear power, investment in a new generation of nuclear plants is revolutionizing the industry. Age and requirements for cleaner, lower carbon emissions are eroding the baseload capacity of coal based generation in the U.S. While cutting CO2 emissions in half relative to coal, generation of electricity from natural gas is impacted by the price volatility of fuel. Generation of electricity through grid-scale projects in wind and solar have some environmental impacts and provides only intermittent power. Impacts on local ecology, land use, aesthetic enjoyment, and human health all contribute to a technology environment footprint. NuScale SMR technology is a flexible solution to satisfy the diverse needs of a consuming world.