Nuclear, Reactors

US is best country for small nuclear reactor development, report says

The U.S. tops other countries as the most attractive for the construction of small- and medium-sized nuclear reactors, according to a report from GlobalData.

The report says 10 countries have the best conditions for new SMR installations, including Brazil, China, India, Russia and Canada. However, the U.S. is at the top of the list due to population density, energy use, carbon emissions and experience with SMRs.

U.S. nuclear power is expected to increase at an average annual growth rate of 1 percent to reach 905 Terrawatt-hours in 2025.

“Despite the seriousness of the Japanese Fukushima disaster in 2011, public opinion surrounding nuclear power development in the U.S. remains positive, proving that there is, and will continue to be, a high level of support for future SMR construction across the country,” said Pranav Srivastava, Associate Analyst covering Power with GlobalData.

To purchase the full report, click here.

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