Deliver Low-Carbon Energy With Small Modular Reactors
Lower nuclear energy costs by scaling up affordable and configurable small modular reactors through a unified digital platform.
The Role of Small Modular Reactors in Decarbonizing the Energy Industry
By 2050, global energy consumption will grow by nearly 50%1. As countries seek to implement clean and innovative solutions, the increased use of renewable sources coupled with nuclear energy has the potential to meet additional demand and displace existing fossil fuels.
To decarbonize the power industry, energy leaders are bringing small modular reactors (SMRs) to life that will play a bigger role in the energy mix. Thanks to the use of passive safety systems and smaller fuel inventories, SMRs also reduce the risk of human error and interventions in the case of accidents.
However, licensing and certification challenges remain. To address these complexities and scale up affordable and configurable nuclear energy, companies are turning to digitalization to gain information reliability and traceability.
Digitalize to Decarbonize
Bring small modular reactors to life while delivering low-carbon nuclear energy.
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Digitalize for Safety and Efficiency
If nuclear is to continue to play an important role in powering the world, companies must instill confidence in citizens that their operations are safe. This is where digitalization comes in.
Streamline licensing processes
Nuclear regulations are different across countries, which not only affects the safety demonstration of the power plant, but also the technical safety measures. Standardization through a unified platform is the key to navigating licensing practices.
Simplify the safety case
By using a single platform to demonstrate the safety of the power plant, companies can produce a detailed safety case for licensing reviews while reducing extensive time and resources.
Strengthen safety demonstrations
Through a model-based approach, stakeholders can ensure full traceability of all changes during the virtual review of the safety case by regulators.
- Streamline licensing processes
- Simplify the safety case
- Strengthen safety demonstrations
Streamline licensing processes
Nuclear regulations are different across countries, which not only affects the safety demonstration of the power plant, but also the technical safety measures. Standardization through a unified platform is the key to navigating licensing practices.
Simplify the safety case
By using a single platform to demonstrate the safety of the power plant, companies can produce a detailed safety case for licensing reviews while reducing extensive time and resources.
Strengthen safety demonstrations
Through a model-based approach, stakeholders can ensure full traceability of all changes during the virtual review of the safety case by regulators.
Harmonize Three Pillars of SMRs
In addition, digitalization harmonizes the three pillars that form the core of SMR power plants: Modularization, productization and standardization.
- Modularization
- Productization
- Standardization
Modularization
Through off-site fabrication of components, modularity offers the ability to make SMR plants configurable and more affordable. However, this needs to be planned from as early as the conceptual design phase. By using a unified platform, companies can collaborate with module manufacturers to develop the plant architecture according to the requirements, thus shortening construction time, costs and waste.
Productization
SMRs bring the promise of plant-as-a-product, designed and manufactured with standard product lines, and operated and maintained as a fleet. With digitalization, all stakeholders can move towards model-based systems engineering (MBSE) to simulate and validate product designs in multiple configurations. By leveraging the virtual twin of the plant, companies can make informed decisions and fast track the licensing process.
Standardization
Standardization aims to ensure safe, reliable, and sustainable SMRs at an affordable cost. Through a single platform, companies can develop SMRs as a fleet to reduce costs while taking into account site specificities and optimizing their processes through multi-physics simulation. These processes can include assembly, commissioning, operations, maintenance and dismantling.
Digitalize for Clean Energy
As more countries move away from fossil fuels, nuclear energy continues to gain traction as a flexible, dispatchable energy source. Small modular reactors are a viable solution to produce decarbonized and cost-effective electricity to compensate for the intermittent nature of renewable sources such as wind and solar.
SMRs including microreactors will play an important role in ensuring the security of the world’s energy supply as well as its transition to net zero. It’s time to unpack the challenges and opportunities in nuclear and move towards a low-carbon future.
Advantages of Small Modular Reactors
Low-Carbon Energy Generation
SMRs provide consistent low-carbon energy, working alongside renewable sources like wind and solar to ensure a stable and sustainable energy supply.
Supporting Decarbonization
By replacing fossil fuels and contributing to global net-zero goals, SMRs offer a crucial solution for a decarbonized energy future.
Scalability and Flexibility
SMRs are highly scalable and adaptable, making them suitable for deployment in remote areas or smaller grids where traditional reactors are impractical.
Cost-Effective Production
Their modular construction allows for mass production, reducing construction times and costs, making SMRs an affordable and efficient energy solution.
Enhanced Safety Systems
Equipped with advanced passive safety systems, SMRs can safely shut down in emergencies without human intervention, increasing their safety and reliability.
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1 Source: US EIA (Oct 2021)
FAQ About Small Modular Reactor Technology
Currently, Small Modular Reactors (SMRs) are in various stages of development and testing worldwide, but none are widely operational yet. However, a few pilot projects are moving towards implementation, such as Russia's Akademik Lomonosov, which is the world’s first floating nuclear power plant using two small reactors, and China's HTR-PM, a high-temperature gas-cooled reactor.
Compared to traditional nuclear reactors, small modular reactors (SMRs) offer a host of advantages. They utilize a modular design, where pre-fabricated components are transported and assembled on-site, reducing construction costs and time. SMRs excel in efficiency, allowing for easy adjustment to meet energy demands. Additionally, their compact size enhances safety by mitigating the risk of major accidents.
Small Modular Reactors (SMRs) are compact nuclear power plants, considerably smaller than conventional reactors. They are engineered to enhance safety, efficiency, and cost-effectiveness, potentially transforming the landscape of nuclear energy production. Multiple countries, including the United States, Canada, Russia, the United Kingdom, China, and South Korea, are presently involved in the development of various SMR designs.
Small modular reactors (SMRs) represent a compact and improved form of nuclear reactor technology compared to traditional counterparts. They offer enhanced efficiency and simplified construction. SMRs encompass diverse types, such as light water reactors, high-temperature gas-cooled reactors, molten salt reactors, and fast reactors, each with distinct pros and cons. It is crucial to comprehend these distinctions to select the most suitable type for specific applications.
The International Atomic Energy Agency (IAEA) defines a small modular reactor (SMR) as a nuclear reactor unit that is smaller than conventional reactors, typically with a power output of less than 300 megawatts of electricity (MWe). SMRs are designed to be factory-made and transported to sites for assembly, allowing for a much faster and more cost-effective deployment than traditional reactors.
Small modular reactors (SMRs) are an emerging technology that offer a number of advantages over traditional nuclear reactors. SMRs use a modular design, where components are manufactured in a factory and then transported to the site for assembly, reducing construction costs and time. They are also more efficient than traditional reactors, as they can be scaled up or down to match energy demand. SMRs are also safer than traditional reactors, as their small size reduces the risk of a catastrophic accident.
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