Nuclear Reactor: Top 10 Projects & Companies

Small Modular Reactors: The Future of Distributed Nuclear Power?

Imagine a world where clean, reliable power isn’t just generated by massive, centralized power plants, but also by smaller, more flexible units strategically located to meet specific energy demands. This vision is rapidly becoming a reality thanks to Small Modular Reactors (SMRs), a promising clean technology sub-category poised to revolutionize the energy landscape. SMRs offer the potential for increased safety, reduced capital costs, and enhanced deployment flexibility, making them an attractive option for a diverse range of applications. Let’s dive into the latest installations and what they tell us about the future of SMRs.

Global SMR Projects: A Snapshot of Progress

Here’s a look at some of the key SMR projects currently underway, showcasing the breadth of activity in this rapidly evolving field:

1. NuScale VOYGR™ SMR Power Plant

* Company: NuScale
* Installation Capacity: Up to 924 MWe (can house up to 12 factory-built power modules, each 77 MWe)
* Applications: Electricity generation
* Source: Ten of the World’s Leading Small Modular Reactor Companies
2. China National Nuclear Corporation HTR-PM

* Company: Chinergy (China National Nuclear Corporation)
* Installation Capacity: 210 MWe (twin 250 MWt high-temperature gas-cooled reactors)
* Applications: Electricity generation
* Source: Small Nuclear Power Reactors – World Nuclear Association
3. Romania NuScale SMR Project

* Company: NuScale
* Installation Capacity: 462 MW (six modules, each with an installed capacity of 77 MW)
* Applications: Electricity generation
* Source: Romania’s SMR site selection process gets IAEA approval
4. GE Hitachi BWRX-300 SMR

* Company: GE Hitachi Nuclear Energy
* Installation Capacity: 300 MW(e) net to the grid
* Applications: Electricity generation
* Source: BWRX-300 Small Modular Reactor | GE Hitachi Nuclear – GE Vernova
5. Holtec SMR-160

* Company: Holtec International
* Installation Capacity: 300 MWe per module
* Applications: Electricity generation
* Source: A $7.4 Billion Nuclear Build Program Submitted to the Loan …
6. X-Energy Xe-100

* Company: X-Energy
* Installation Capacity: 320 MW (four unit, 80 MW per unit)
* Applications: Electricity generation
* Source: Google and Amazon Make Major Inroads with SMRs to Bring …
7. Dow’s Seadrift, Texas location with X-energy SMR

* Company: X-energy
* Installation Capacity: Not specified, but the Xe-100 reactor generates 80 MW per unit and scales up to 960 MW
* Applications: Safe, reliable, zero-carbon emissions power and steam production
* Source: Dow’s Seadrift, Texas location selected for X-energy advanced SMR …
8. Akademik Lomonosov Floating Nuclear Power Plant

* Company: Rosatom
* Installation Capacity: 70 MWe (two 35 MW(e) KLT40S SMR units)
* Applications: Electricity and heat generation for remote areas
* Source: Small Reactors, Great Potential | IAEA
9. Rolls-Royce SMR power station

* Company: Rolls-Royce SMR LTD
* Installation Capacity: 470MW
* Applications: Electricity generation
* Source: Small Modular Reactors | Rolls-Royce
10. UAMPS Carbon Free Power Project

* Company: UAMPS (Utah Associated Municipal Power Systems)
* Installation Capacity: 720 MW (12 NuScale reactors)
* Applications: Electricity generation
* Source: Big coal states eye small nuclear reactors for grid, economy

Beyond Utility Scale: SMRs Finding Diverse Homes

The applications of SMRs extend far beyond simply replacing large, centralized power plants. The diversity in planned deployments signals a significant shift in how we think about nuclear power. The installations listed showcase the capacity for SMRs to address various energy needs from remote electricity supply, exemplified by Rosatom’s *Akademik Lomonosov* Floating Nuclear Power Plant, to providing power and steam for industrial processes like Dow’s Seadrift, Texas location, highlighting their versatility. The involvement of companies like Google and Amazon, through X-Energy, also indicates a growing interest in SMRs for data center applications.

A Global Race: Geographies Shaping SMR Adoption

The geographic distribution of these projects reveals a global race to adopt SMR technology. While the United States and Europe, particularly Romania and the United Kingdom (Rolls-Royce SMR), are actively pursuing SMR projects, China’s HTR-PM demonstrates significant progress in high-temperature gas-cooled reactor technology. The US activity, especially the UAMPS Carbon Free Power Project in Utah and the Dow Chemical partnership in Texas, signifies the potential for SMRs in states traditionally reliant on fossil fuels, driven by the need for carbon-free power and economic diversification. Furthermore, the deployment of the *Akademik Lomonosov* in Russia highlights the strategic advantage of SMRs in providing power to remote and isolated regions.

Demonstrating Maturity: Are SMRs Ready for Primetime?

The varying stages of these installations provide insight into the maturity of SMR technology. While some projects, such as the China National Nuclear Corporation HTR-PM and Rosatom’s Akademik Lomonosov, are already operational, others like the NuScale VOYGR™ and GE Hitachi BWRX-300 are in the advanced stages of development and deployment. The NuScale project, with its modular design and planned deployment in Romania and with UAMPS, reflects a focus on scalability and standardized manufacturing. The Holtec SMR-160 and X-Energy Xe-100, backed by substantial investment and partnerships, indicate a growing confidence in advanced reactor designs. The transition from demonstration projects to commercial deployments is crucial for establishing the economic viability and long-term sustainability of SMRs.

A New Era of Nuclear: SMRs Leading the Charge

The current landscape of SMR installations suggests a promising future for this clean technology. The modularity, scalability, and diverse applications of SMRs position them as a key solution for decarbonizing various sectors, from electricity generation to industrial processes. Furthermore, the involvement of private companies like Google, Amazon and Dow indicates a growing market demand for reliable, carbon-free energy. The progress in both light water reactors (NuScale, GE Hitachi) and advanced reactor designs (X-Energy, Holtec) suggests a diversification of technology options and a push for enhanced safety and efficiency. As more projects come online and costs continue to decline, SMRs are poised to play a significant role in the global transition to a cleaner energy future, moving nuclear power away from massive, centralized facilities to smaller, more flexible units driving local economies and meeting specific energy demands.