The Just Transition: Retrofit Decarbonization with Modular Nuclear

Abstract

While nuclear energy represents an essential component of the transition towards net zero energy, conventional nuclear is currently a costly option due to its obstacles and shortcomings. This paper explores the potential of small modular reactors (SMRs) as an alternative to revitalize the nuclear industry and expedite decarbonization efforts. SMRs offer cost-effective, flexible solutions, leveraging existing infrastructure to mitigate construction delays and costs while creating jobs and reducing emissions in affected communities. Despite challenges, proactive measures and policy support can pave the way for a sustainable energy future centered on modular nuclear technology.