07 July 2023
The Future of Small Modular Reactors: Implications for Nuclear Governance
Small Modular Reactors (SMRs) are classified by the International Atomic Energy Agency (IAEA) as advanced reactors that produce electricity of up to 300MW. An SMR is a fraction of the size of a conventional nuclear power reactor and will produce carbon-free electricity. The Asia-Pacific region has seen renewed interest in nuclear power. Northeast Asian countries are involved in business and technological investments in developing SMR projects while Southeast Asian countries, as possible commercial users, are exploring SMRs as a future clean energy source. The development of SMR technology offers an alternative source of clean energy for Southeast Asian countries where energy demand continues to grow rapidly. However, in preparation for future SMR deployment, it is worthwhile to review ongoing efforts to enhance nuclear governance frameworks. Key challenges to the introduction of SMRs revolve around regulatory frameworks, operation and maintenance, spent fuel management, and the 3S (Safety, Security, Safeguards) of nuclear governance among others.
This NTS Insight provides an overview of SMR projects in Northeast Asia and recent developments in Southeast Asia. It examines the critical roles of global nuclear safety and security regimes, national regulatory bodies, and nuclear vendors in ensuring a more robust nuclear governance that incorporates the 3S concept associated with advanced SMRs.
Small Modular Reactors (SMRs) are classified by the International Atomic Energy Agency (IAEA) as advanced reactors that produce electricity of up to 300MW. An SMR is a fraction of the size of a conventional nuclear power reactor and will produce carbon-free electricity. The Asia-Pacific region has seen renewed interest in nuclear power. Northeast Asian countries are involved in business and technological investments in developing SMR projects while Southeast Asian countries, as possible commercial users, are exploring SMRs as a future clean energy source. The development of SMR technology offers an alternative source of clean energy for Southeast Asian countries where energy demand continues to grow rapidly. However, in preparation for future SMR deployment, it is worthwhile to review ongoing efforts to enhance nuclear governance frameworks. Key challenges to the introduction of SMRs revolve around regulatory frameworks, operation and maintenance, spent fuel management, and the 3S (Safety, Security, Safeguards) of nuclear governance among others.
This NTS Insight provides an overview of SMR projects in Northeast Asia and recent developments in Southeast Asia. It examines the critical roles of global nuclear safety and security regimes, national regulatory bodies, and nuclear vendors in ensuring a more robust nuclear governance that incorporates the 3S concept associated with advanced SMRs.
