Harness SMRs & Advanced Reactors for a transformative nuclear future
Innovative nuclear technologies like SM&ARs can drive Net Zero goals and boost energy security while balancing emerging risks and opportunities.
Nuclear energy is undergoing a resurgence driven by Net Zero goals for 2050 and energy security requirements. Small modular reactors (SMRs) and advanced reactors (ARs) can bring new opportunities in the nuclear energy sector beyond electricity generation. However, they present two key challenges for investors and project developers:
- First-of-a-kind (FOAK) risks associated with development and deployment of new technology, particularly in the nuclear sector.
- Investment decisions can be challenging, as more than 70 reactor design types exist, including fusion reactors and microreactors.
SM&ARs are currently at a transition point, and developers need to move from technology development to project delivery. While the market awaits a swift global deployment of SM&ARs across numerous use cases, constraints in human resources and supply chains may impact the timeline.
With great potential comes the responsibility for investors and developers to carefully analyze risks and opportunities in this evolving sector. To learn more, download the full paper.
Dive into our thinking:
Navigating the Nuclear Sector
Small modular reactors (SMRs) and advanced reactors (ARs) offer many possibilities, but companies must take a strategic approach to harness their potential for achieving Net Zero and energy security goals.
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