![]() In the same month, EDF bought US company GE Steam Power, which has a nuclear turbine unit in France. The government hopes to see an SMR prototype by 2030, helping the country towards its goal of 25GW of new nuclear generation by 2050. In February 2022, the French Government announced that the Nuward SMR design will form part of its France 2030 plan, giving it access to $1.1bn (€1bn) of public funding. EDF developed the design alongside the French Alternative Energies and Atomic Energy Commission, French naval engineers NavalGroup, and nuclear developer TechnicAtome, with EDF turbine engineering subsidiary Framatome later joining the project. In 2019, an IAEA conference saw the first plans for the Nuward SMR project, which would generate 340MW from two reactors. The prefabricated nature of SMRs modules allows manufacturers to adhere to the standards while maintaining the efficiency and speed of a production line, lowering the variability and associated costs of nuclear construction. The International Atomic Energy Agency (IAEA) requires high building standards of nuclear developers. Site requirements for small modular nuclear reactors As manufacturers seek locations for their first SMRs, this claim is being put to the test. ![]() ![]() Engineers have promised that SMRs will allow nuclear construction in otherwise unfavourable areas, even allowing reactors to “pop-up” for (relatively) short periods of time. The first SMRs have now received their licenses, but the vast majority of reactors remain at the early planning stage. Because of these factors, governments have looked toward small modular reactors (SMRs) for a new wave of investment. However, the construction cost, long lead-up time, and security implications have deterred governments from investing in new generations of nuclear. Grid planners love the reliability, low cost of generation, and prestige of nuclear generation. ![]()
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