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Small Modular Reactors for Enhancing Energy Security in Developing Countries

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  • Ioannis N. Kessides

    (Development Research Group, The World Bank, 1818 H Street, N.W., Washington, DC 20433, USA)

  • Vladimir Kuznetsov

    (Consultant, The World Bank, 1818 H Street, N.W., Washington, DC 20433, USA)

Abstract

In recent years, small modular reactors (SMRs) have been attracting considerable attention around the world. SMR designs incorporate innovative approaches to achieve simplicity, modularity and speed of build, passive safety features, proliferation resistance, and reduced financial risk. The incremental capacity expansion associated with SMR deployment could provide a better match (than the large-scale reactors) to the limited grid capacity of many developing countries. Because of their lower capital requirements, SMRs could also effectively address the energy needs of small developing countries with limited financial resources. Although SMRs can have substantially higher specific capital costs as compared to large-scale reactors, they may nevertheless enjoy significant economic benefits due to shorter build times, accelerated learning effects and co-siting economies, temporal and sizing flexibility of deployment, and design simplification.

Suggested Citation

  • Ioannis N. Kessides & Vladimir Kuznetsov, 2012. "Small Modular Reactors for Enhancing Energy Security in Developing Countries," Sustainability, MDPI, vol. 4(8), pages 1-27, August.
    • Handle: RePEc:gam:jsusta:v:4:y:2012:i:8:p:1806-1832:d:19451
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    References listed on IDEAS

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    1. Roques Fabien A. & Newbery David M. & Nuttall William J., 2005. "Investment Incentives and Electricity Market Design: the British Experience," Review of Network Economics, De Gruyter, vol. 4(2), pages 1-36, June.
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    Cited by:

    1. Mingjing Guo & Yan Bu & Jinhua Cheng & Ziyu Jiang, 2018. "Natural Gas Security in China: A Simulation of Evolutionary Trajectory and Obstacle Degree Analysis," Sustainability, MDPI, vol. 11(1), pages 1-18, December.
    2. Erwan Hermawan & Usman Sudjadi, 2022. "Integrated Nuclear-Renewable Energy System for Industrialization in West Nusa Tenggara Province, Indonesia: Economic, Potential Site, and Policy Recommendation," International Journal of Energy Economics and Policy, Econjournals, vol. 12(4), pages 146-159, July.
    3. Black, Geoffrey A. & Aydogan, Fatih & Koerner, Cassandra L., 2019. "Economic viability of light water small modular nuclear reactors: General methodology and vendor data," Renewable and Sustainable Energy Reviews, Elsevier, vol. 103(C), pages 248-258.
    4. Haneklaus, Nils & Schröders, Sarah & Zheng, Yanhua & Allelein, Hans-Josef, 2017. "Economic evaluation of flameless phosphate rock calcination with concentrated solar power and high temperature reactors," Energy, Elsevier, vol. 140(P1), pages 1148-1157.
    5. Evgeny Lisin & Wadim Strielkowski & Veronika Chernova & Alena Fomina, 2018. "Assessment of the Territorial Energy Security in the Context of Energy Systems Integration," Energies, MDPI, vol. 11(12), pages 1-14, November.
    6. Iyer, Gokul & Hultman, Nathan & Fetter, Steve & Kim, Son H., 2014. "Implications of small modular reactors for climate change mitigation," Energy Economics, Elsevier, vol. 45(C), pages 144-154.
    7. Young Jin Kim & Byung Jin Lee & Kunwoo Yi & Yoon Jae Choe & Min Chul Lee, 2020. "Numerical Study on the Effects of Relative Diameters on the Performance of Small Modular Reactors Driven by Natural Circulation," Energies, MDPI, vol. 13(22), pages 1-17, November.
    8. Frederik Reitsma & Peter Woods & Martin Fairclough & Yongjin Kim & Harikrishnan Tulsidas & Luis Lopez & Yanhua Zheng & Ahmed Hussein & Gerd Brinkmann & Nils Haneklaus & Anand Rao Kacham & Tumuluri Sre, 2018. "On the Sustainability and Progress of Energy Neutral Mineral Processing," Sustainability, MDPI, vol. 10(1), pages 1-18, January.

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