Abstract

The global push to reduce greenhouse gas emissions, while meeting the rising demand for electricity, has led to a growing interest in less polluting energy sources. Small Modular Reactors (SMRs) emerge as a key innovation in nuclear power, offering enhanced safety, transportability, and cost-effectiveness. This paper explores the role of SMRs in advancing decarbonization and strengthening energy security, with a focus on their potential deployment in the EU, including with the aim to achieve climate targets and ensure a stable electricity supply. The study evaluates various SMR designs using the International Atomic Energy Agency’s reactor technology assessment toolkit, considering factors such as safety, economic viability, and regulatory challenges. The findings highlight the critical role of informed decision-making in the successful integration of SMRs into national energy grids, addressing both technical and public perception issues. This paper also underscores the importance of SMRs in creating a sustainable and resilient energy future.

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