Global support for SMR development is accelerating and 2016 will see developers take major steps towards deployment in U.S. and Asia, industry leaders said at Nuclear Energy Insider’s 6th Annual International SMR and Advanced Reactor Summit. Leading figures from US, Europe, Russia, China, Japan and Korea set out the next steps for the commercial deployment of SMRs which will open up massive supply chain opportunities for the nuclear industry. Global competition is increasing as China fast-tracks the development of new SMR plants, while North American companies submit permit applications towards the first commercial plants in the early 2020’s. The UK has also launched a competition to identify the best-value SMR design.
Nuclear Energy Insider 15th April 2016 read more »