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The Rise of SMRs in the Era of Industrial AI and Policy Implications for Korea

Author

Listed:
  • Minju Lee

    (Korea Institute for Industrial Economics and Trade)

  • Sang Hyun Lee

    (Korea Institute for Industrial Economics and Trade)

Abstract

Recently, Small Modular Reactors (SMRs) have been attracting attention as a promising way to power the rapidly proliferating number of artificial intelligence (AI) server farms and other data centers. This paper examines the current state of the global SMR industry and identifies the implications for Korean policy carried by the analysis.

Suggested Citation

  • Minju Lee & Sang Hyun Lee, 2025. "The Rise of SMRs in the Era of Industrial AI and Policy Implications for Korea," Industrial Economic Review 26, Korea Institute for Industrial Economics and Trade.
  • Handle: RePEc:ris:kieter:021550
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    JEL classification:

    • Q41 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - Demand and Supply; Prices
    • Q43 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - Energy and the Macroeconomy
    • Q48 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - Government Policy
    • Q55 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Environmental Economics: Technological Innovation
    • L94 - Industrial Organization - - Industry Studies: Transportation and Utilities - - - Electric Utilities
    • L86 - Industrial Organization - - Industry Studies: Services - - - Information and Internet Services; Computer Software

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