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SMALL MODULAR REACTORS: OPPORTUNITIES FOR INDIA



  Jun 18, 2024

SMALL MODULAR REACTORS: OPPORTUNITIES FOR INDIA



Introduction:

Small Modular Reactors (SMRs) represent a significant advancement in nuclear technology, offering a range of benefits over traditional nuclear reactors. For India, SMRs provide a unique opportunity to enhance energy security, meet climate goals, and forge important international collaborations.

What are SMRs?

SMRs are a type of nuclear reactor that are smaller in size and capacity compared to conventional reactors. They are designed to be modular, meaning they can be factory-fabricated and then transported to their site of operation. This modularity allows for scalability, flexibility in deployment, and potential cost savings.

Benefits of SMRs:

1. Enhanced Safety: SMRs incorporate advanced safety features, including passive cooling systems, which reduce the risk of accidents.

2. Cost Efficiency: The modular construction and smaller size can lead to lower capital costs and reduced financial risk.

3. Flexibility and Scalability: SMRs can be deployed in a variety of locations, including remote areas, and can be scaled up by adding more modules as needed.

4. Reduced Environmental Impact: SMRs produce low carbon emissions and can support the transition to cleaner energy sources.

5. Support for Renewables: SMRs can provide reliable baseload power, complementing intermittent renewable energy sources like wind and solar.

India’s Actions:

1. Policy Reforms: India is considering policy changes to enable greater private-sector participation in the nuclear sector, addressing regulatory challenges such as the nuclear liability law.

2. Domestic Development: India is advancing its domestic nuclear energy program, particularly focusing on pressurized heavy water reactors, and is now exploring the potential of SMRs.

3. Investment in Technology: The Indian government is investing in the development and deployment of SMR technology, recognizing its potential to enhance energy security and support national climate goals.

Opportunities for Foreign Collaborations:

1. Partnership with the US: Collaboration with the US can provide India with access to cutting-edge SMR technologies and expertise. The partnership can accelerate the deployment of SMRs in India, fulfilling the promise of the US-India civil nuclear deal.

2. Technology Transfer and Joint Ventures: Establishing joint ventures with international companies can facilitate technology transfer, manufacturing, and deployment of SMRs in India.

3. Global Cooperation: Participating in international forums and initiatives focused on SMR development can help India stay at the forefront of nuclear innovation and leverage global expertise.

. Regional Leadership: India can lead regional initiatives to promote SMR deployment in South Asia, providing clean energy solutions and enhancing regional energy security.

Conclusion:

Embracing SMR technology presents India with a significant opportunity to strengthen its energy infrastructure, meet climate commitments, and forge strategic international partnerships. By capitalizing on these opportunities, India can position itself as a leader in the global nuclear energy landscape.




SRIRAM’s



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