From EnergyNews.pro
The small modular reactor (SMR) global demand is expected to grow exponentially over the next 10-years, “according to a report published by Guidehouse Research. Revenues generated by this technology are projected to increase from $375.8 million in 2025 to $8.1 billion in 2034, while annual installed capacity would reach 1,224 megawatts.
Worldwide, around 30 gigawatts of SMR projects are identified at different stages of development, from design to construction. Guidehouse Research points to nearly 60 developers active in this field, some relying on proven nuclear technologies, others seeking to deploy advanced reactors to broaden the range of applications.”