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COP28: SMR Push As Countries Pledge to Triple Nuclear

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A big push on small modular reactors (SMRs) was the most obvious commercial nuclear takeaway from the first week of COP28 in Dubai, even after some 22 countries pledged to triple global nuclear power capacity by 2050 — a goal much easier to achieve with larger reactors. But Warsaw gave an initial signoff on a fleet of 24 SMRs, Abu Dhabi's nuclear champion looked to the domestic deployment of SMRs, advanced reactors and microreactors, Seoul touted its brand new "i-SMR", and a Canadian province even launched a plan to remit carbon charges from power utilities into an SMR fund. Any number of further memorandums of understanding (MOU), from Mongolia to Belgium, made clear that there is enormous energy behind SMR deployment.

Topics:
Nuclear Newbuilds, COP28
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