Small Modular Reactors (SMR) – Potential Solution For Future Energy will gather decision-makers from the nuclear industry, namely, from power generation companies, power plant owners and operators, and senior experts responsible for SMR deployment planning and strategies within operations, power generation, regulations, R&D, technology & innovations and asset management divisions to discuss ongoing challenges, trends and build business relationships through productive networking and knowledge-sharing.
In terms of achieving zero emission power generation in a safer and cost-effective way, SMR is often regarded as one of the most promising technologies among the other alternatives.
Moreover, SMRs are considered as a potential replacement of fossil fuel plants, downtime effective control technology and a balancing moderator for unstable nature of wind and solar energies. However, SMR commercialization and/or deployment process involves various challenges such as, SMR technology assessment, regulatory, licensing, supply chain, deployment planning & strategy related aspects. Bringing these challenges to the discussion, we will demonstrate how peer-to-peer experience-sharing can help to boost overall SMR commercialization process in the European energy market.
In this small-scale business-meeting, participants will learn about various real ways of SMR application and latest updates on SMR action plans and existing strategies.
- SMR: Sustainable Nuclear Energy
- Second Life for Decommissioned Plants or Minimizing Fossil Fuel Dependence
- SMRs for Grid Balancing
- Regulations: policy updates and regulatory predictability Issues
- Technology Requirements and Innovations
- Enhancing SMR Market Development in Europe: End-User Perspective
- Supply Chain Concerns
- Alternative Uses of SMR
Our expert panel at REMIT Compliance for Wholesale Energy Markets:
Fermi Energia is an Estonian energy company that develops and deploys Small Modular Reactors (SMR). The company’s goal is to provide Baltic consumers with the opportunity to achieve carbon neutrality while remaining reliable and affordable. Rolls-Royce and Fermi Energia signed a Memorandum of Understanding last year to investigate the feasibility of deploying affordable, compact nuclear power plants known as small modular reactors (SMR) in Estonia.
Fortum Spring is a platform that enables companies to profit from their flexibility by making brief changes in their electricity consumption, thus helping the power grid to be more robust. Small modular reactors have been a part of Fortum’s nuclear power R&D program for several years. Fortum sees small modular reactors as an important part of the future of nuclear power, and they are involved in several national and international projects to help accelerate the development and use of small modular reactors.
OKG with its almost 600 employees, is part of Uniper group. Oskarhamns 1, 2, and 3 are OKG’s three boiling water reactors (BWR) operated by OKG in Sweden. It is only at O3 that electricity is produced nowadays it is one of the largest boiling water reactors in the world, and has a maximum power of 1450 MW. The other two reactors are currently being decommissioned.
NB Power is the primary utility in the Canadian providence of New Brunswick and is responsible for the generation, transmission, and distribution of electricity. It operates the Point Lepreau Nuclear Generating Station which is active nuclear generating station in Canada and preparing for SMR deployment and demonstration.
Karnfull Next is Scandinavia’s first Project Development company in flexible, small-scale nuclear energy, delivering everything from the initial design to construction and delivery – drawing inspiration from similar companies in other fossil-free energy projects. Kärnfull and GE Hitachi announced a small modular reactor collaboration for Sweden in March 2022.
Ontario Power Generation, with more than 10,000 employees, is one of North America’s largest clean power producers. Electricity sources include nuclear, hydroelectric, wind, gas, and biomass. OPG is the owner of four nuclear power plants. Last year, Ontario Power Generation (OPG) chose the BWRX-300 small modular reactor (SMR) for the Darlington nuclear site, and the reactor will be deployed in collaboration with GE Hitachi Nuclear Energy (GEH).
CNEA is an Argentinian governmental agency whose mission is the development and control of nuclear energy for peaceful purposes in Argentina. Last year CNEA signed a contract with NA-SA to complete Carem25 SMR.
Rolls Royce is a company from the United Kingdom that develops Small Modular Reactor. Their SMR power station will have the capacity to generate 470mw of low-carbon energy. It will provide consistent baseload generation for at least 60 years. Rolls-Royce SMR will occupy approximately one-tenth of the size of a conventional nuclear generation site.