Small Modular Reactors for Enhancing Energy Security in Developing Countries

Ioannis Kessides and Vladimir Kuznetsov
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Vladimir Kuznetsov: Consultant, The World Bank, 1818 H Street, N.W., Washington, DC 20433, USA

Sustainability, 2012, vol. 4, issue 8, 1-27

Abstract: In recent years, small modular reactors (SMRs) have been attracting considerable attention around the world. SMR designs incorporate innovative approaches to achieve simplicity, modularity and speed of build, passive safety features, proliferation resistance, and reduced financial risk. The incremental capacity expansion associated with SMR deployment could provide a better match (than the large-scale reactors) to the limited grid capacity of many developing countries. Because of their lower capital requirements, SMRs could also effectively address the energy needs of small developing countries with limited financial resources. Although SMRs can have substantially higher specific capital costs as compared to large-scale reactors, they may nevertheless enjoy significant economic benefits due to shorter build times, accelerated learning effects and co-siting economies, temporal and sizing flexibility of deployment, and design simplification.

Keywords: nuclear power; small modular reactors; nuclear safety (search for similar items in EconPapers)
JEL-codes: O13 Q Q0 Q2 Q3 Q5 Q56 (search for similar items in EconPapers)
Date: 2012
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (8)

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