Washington, Apr 30 (BNP): Several companies in the United States are increasingly focusing on small modular reactors (SMRs) as a next-generation option in nuclear energy, according to a report by the US Energy Information Administration (EIA).
Pic Credit: Pexel
The report highlights that SMRs are being developed to address long-standing challenges in the nuclear sector, particularly high construction costs and lengthy approval timelines that have limited new capacity additions.
The United States currently has nearly 98 gigawatts of installed nuclear power capacity, but expansion has remained limited over recent decades due to financial and regulatory constraints.
Unlike conventional nuclear plants, which generate between 550 MW and 1,500 MW per unit, SMRs are compact systems typically producing up to around 300 MW. Their modular structure allows major components to be built in factories and transported to sites for assembly, potentially reducing both construction time and overall costs while offering greater deployment flexibility.
