Who is leading in SMR?

Several companies and countries are leading in the development and deployment of Small Modular Reactors (SMRs), each contributing to the advancement of this emerging technology. Here's a snapshot of the key players: 1. **NuScale Power**: Based in the U.S., NuScale Power is at the forefront of SMR development. Their NuScale Power Module, an advanced light-water small modular reactor, has received approval from the U.S. Nuclear Regulatory Commission (NRC) and is poised for full design certification. This design allows for passive cooling, enhancing safety features. Upon certification, utilities can apply for a combined license to build and operate these reactors in the U.S.. 2. **GE Vernova Hitachi Nuclear Energy (GVH)**: This Finnish company, in collaboration with Fortum, has signed an early works agreement to advance the potential deployment of their BWRX-300 SMR in Finland and Sweden. This agreement focuses on pre-licensing and engineering activities, with plans for potential deployment in the 2030s. The BWRX-300 is a 10th generation design, leveraging experience with boiling water reactors. 3. **Tata Power**: India's Tata Power is exploring small modular reactor projects ranging from 20 to 50 megawatt capacity, following amendments to India's nuclear-related laws that permit private participation. This move aligns with India's ambitious goal of achieving 100 GW nuclear capacity by 2047. 4. **Blykalla**: A Swedish nuclear startup that has raised $50 million to accelerate its work on a small modular reactor. Their focus is on developing reactors that can power data centers and other facilities, addressing the growing energy demands, especially in the sectors of transport and heavy industry, as well as the increasing consumption in data centers driven by AI applications. 5. **China National Nuclear Corporation (CNNC)**: China is set to commence commercial operation of its first small modular reactor, the Linglong One (APC100), in 2026. This reactor was approved by the International Atomic Energy Agency in 2016 and is being implemented in China's Hainan island province, with the initial project breaking ground in 2021. These entities are not only pushing the boundaries of SMR technology but are also contributing to its potential widespread adoption and integration into various energy systems.