The Reactor Island houses all of the nuclear systems. We have a vision for the development of small modular reactors (SMR). The $4.5bn small modular nuclear reactor sector is expected to flourish in the next few years because of the need to reduce the total capital costs of nuclear reactors. Large and small More than 100 NuScale modular reactors could fit within the containment building of a single conventional gigawatt reactor. Figure 2: Reactor coolant system. For example, the thermal energy heats water into steam, which then powers a turbine, generating electrical power.
Our groundbreaking small modular reactor (SMR) design features a fully fabricated NuScale Power Module™ capable of generating 60 MW of electricity using a safer, smaller, scalable version of pressurized water reactor technology. NuScale Power is developing a new modular light water reactor to supply reliable and abundant carbon-free nuclear energy. Figure 3: Concept of UK design . The second part of our vision for the program is to have a demonstration unit built on a CNL site by 2026. First, we will serve the world as a global hub for SMR research and technology. They also have the potential for enhanced safety and security compared to earlier designs. NuScale is one of the small modular reactor companies whose designs are going through pre-licensing approval with Canada's nuclear regulator.
Putting the New in Nuclear: Small Modular Reactors When you think of nuclear energy , you probably envision a massive reactor and the vase-shaped cooling chimneys associated with such structures. The Company is developing their “Waste-Annihilating Molten Salt Reactor” (WAMSR) which is a 520 MW molten salt reactor which uses the waste from traditional reactors as a fuel source. The most advanced small modular reactor project is in China, where Chinergy is starting to build the 210 MWe HTR-PM, which consists of twin 250 MWt high-temperature gas-cooled reactors (HTRs) which build on the experience of several innovative reactors in the 1960s to 1980s. Small modular reactors If the UK can take an international lead in technology development, the UK supply chain could produce SMRs for the global market. Small modular reactors offer a lower initial capital investment, greater scalability, and siting flexibility for locations unable to accommodate more traditional larger reactors. Many new nuclear start-up companies have emerged, even fusion seems to be moving along, and governments like Canada, China and the United States are spurring the development of Small Modular Reactors. Like conventional nuclear reactors, small modular reactors harness thermal energy to generate electrical power.
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