As the need for decarbonization and global energy security concerns intensify, nuclear energy is seeing a rapid re-evaluation as an essential part of the future energy mix. Small modular reactors (SMRs) are emerging as the solution to the high capital costs of conventional power stations, while enhancing safety and enabling new business models. Progress in the sector is accelerating to meet net zero goals and IDTechEx is tracking and evaluating the unfolding developments, with dozens SMR projects now announced.
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