One reason why is that they could unlock the faster and cheaper construction of power stations.
They also have the potential to generate low-carbon electricity and produce hydrogen, as well as industrial heat.
According to theInternational Atomic Energy Agency, SMRs require between 5% and 20% of HALEU.
The first plant is expected to be operational in the early 2030s.
For example, France has also pledged 1bn innuclear projects, includingstartupsworking on SMRs.
Story byIoanna Lykiardopoulou
Ioanna is a writer at TNW.
With a background in the humanities, she has a soft spot for social impact-enabling technologies.
