Small modular reactor is developing rapidly, and it has been widely valued by the international community. Russia, Canada and other countries are now exploring this technology. The U.S. Nuclear Regulatory Commission has completed the initial certification review of nuscale power's small modular reactor, and it is estimated that it will eventually agree to the design in 2020.
Nuscale power is developing a new type of nuclear reactor, which is safer, smaller and more economical than traditional nuclear reactor. The first advantage is natural circulation cooling, without relying on power to cool the reactor. In addition, the small modular reactor is composed of one or more smaller modules, which is easy to operate flexibly. The number of modules can be added with the population growth, so as to meet the demand for capacity.
Nuscale power estimates that the first small modular reactor will be operational in 2026.
