LITTLE NUCLEAR

Small Modular Reactors

2Q 2013 (Navigant Research)

“…[T]he nuclear power industry has begun to reverse its historic reliance on large, gigawatt (GW)-scale reactors. Smaller reactors, which can be manufactured in factories, assembled onsite, and arrayed in multiple-reactor configurations to scale up capacity incrementally, have caught the imaginations of vendors, technology developers, power generators, and government regulators around the world.”

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“SMRs offer…economies of mass production and standardization, lower upfront capital costs, enhanced safety features, flexible deployments, innovative fuel cycles, and a broader range of applications, from heat for industrial processes to distributed generation (for remote military bases, for example) to water desalination. Navigant Research has developed two forecast scenarios…for worldwide SMR capacity…Under the base scenario, total capacity will reach 4.6 GW in 2030; the conservative scenario projects 18.2 GW…”

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