Nuclear Small Modular Reactors: Merits, Challenges and the Journey Ahead

NEW DELHI--November 22, 2023--Researched by Industrial Info Resources (Sugar Land, Texas)--The nuclear industry has faced a decline due to the infamous accidents at Chernobyl, Three Mile Island and Fukushima. The global share of nuclear energy in the power mix has come down from 17% in 1996 to a mere 10%. However, with the advent of small modular reactors (SMRs), there has been renewed interest in nuclear power. Industrial Info is tracking 35 SMR projects worth US$51.38 billion globally.