Optimal Nationwide Deployment Pathways of Small Modular Reactors
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Research Team
Declining wholesale prices, increasing wind and solar penetrations, and rapid diffusion of competing technologies are undermining nuclear generator’s reliance on power market revenues. To succeed given shifting market conditions, small modular reactors (SMRs) can leverage two of their key value propositions: (1) participation in small and large power and industrial markets and (2) cost reductions via mass fabrication. This proposal will explore how to leverage these two value propositions to achieve widespread SMR deployment. We will accomplish 3 objectives.
Sponsor(s)
United States Department of Energy (DOE)
Research Areas
Energy Systems
Energy