The European Commission is expected to unveil in February a new industrial alliance on small modular reactors (SMRs), aiming to deploy the first small nuclear projects in Europe early next decade. SMRs are advanced nuclear reactors that have a power capacity of up to 300 MW(e) per unit, which is about one-third of the generating capacity of traditional nuclear power reactors, according to the International Atomic Energy Agency (IAEA). SMRs offer savings in cost and construction time, and they can be deployed incrementally to match increasing energy…
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