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Small Modular Reactors (SMRs)
Small Modular Reactors (SMRs)
Small modular reactors are a new generation of nuclear reactors which are smaller in size and in energy production. They are factory produced and shipped to the desired location reducing the cost due to mass production as well as the additional costs of onsite fabrication. They are made inherently safe meaning they are "walk away" safe and avoid human error. Additionally they are a promising source of low carbon energy that can replace fossil fuels as baseload power.
Produce Combined Heat and Power
Produce Combined Heat and Power
Molten salts can be heated to much higher temperatures compared to water while remaining a liquid allowing for more efficient power production as well as thermal storage
Thermal storage can be used to produce power when renewables are unable (wind isn't blowing or at night)
Additionally the excess heat can be used for heating buildings, hot water, salt water desalination and hydrogen production
Benefits
Benefits
Abundant, continuous, clean, reliable energy
Capable of meeting thermal and electrical needs
Creation of Jobs
Small land footprint
Challenges
Challenges
New technology resulting in first of a kind (FOAK) development costs
Public Perception and reducing technical jargon
Regulations pertaining to use/transport/storage
Obtaining reliable fuel supply
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