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Accelerating safe small modular reactor development in Southeast Asia

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  • Nian, Victor
  • Ghori, Amjad
  • Guerra, Eddie M.
  • Locatelli, Giorgio
  • Murphy, Paul

Abstract

The emerging economies in Southeast Asia are facing challenges in achieving decarbonisation and energy resilience. Small modular reactors (SMRs) could represent a strategic option but are yet to be properly understood and communicated at the policy level, especially in terms of the favourable implications for energy security and economic and technical benefits, as well as inherent risks and mitigation strategies. With the flourishing designs and start-up companies driving potentially new business models for future nuclear power projects, we present a series of actionable recommendations for utilities and policymakers in Southeast Asia, together with an analysis on the importance of including SMRs as an option in the future energy mix.

Suggested Citation

  • Nian, Victor & Ghori, Amjad & Guerra, Eddie M. & Locatelli, Giorgio & Murphy, Paul, 2022. "Accelerating safe small modular reactor development in Southeast Asia," Utilities Policy, Elsevier, vol. 74(C).
    • Handle: RePEc:eee:juipol:v:74:y:2022:i:c:s0957178721001636
    DOI: 10.1016/j.jup.2021.101330
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    References listed on IDEAS

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    1. Locatelli, Giorgio & Boarin, Sara & Fiordaliso, Andrea & Ricotti, Marco E., 2018. "Load following of Small Modular Reactors (SMR) by cogeneration of hydrogen: A techno-economic analysis," Energy, Elsevier, vol. 148(C), pages 494-505.
    2. Mignacca, B. & Locatelli, G., 2020. "Economics and finance of Small Modular Reactors: A systematic review and research agenda," Renewable and Sustainable Energy Reviews, Elsevier, vol. 118(C).
    3. Locatelli, Giorgio & Boarin, Sara & Pellegrino, Francesco & Ricotti, Marco E., 2015. "Load following with Small Modular Reactors (SMR): A real options analysis," Energy, Elsevier, vol. 80(C), pages 41-54.
    4. Giorgio Locatelli & Mauro Mancini, 2012. "Looking back to see the future: building nuclear power plants in Europe," Construction Management and Economics, Taylor & Francis Journals, vol. 30(8), pages 623-637, April.
    5. Nian, Victor & Chou, S.K., 2014. "The state of nuclear power two years after Fukushima – The ASEAN perspective," Applied Energy, Elsevier, vol. 136(C), pages 838-848.
    6. Mignacca, Benito & Locatelli, Giorgio & Sainati, Tristano, 2020. "Deeds not words: Barriers and remedies for Small Modular nuclear Reactors," Energy, Elsevier, vol. 206(C).
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    Cited by:

    1. Lindley, Ben & Roulstone, Tony & Locatelli, Giorgio & Rooney, Matt, 2023. "Can fusion energy be cost-competitive and commercially viable? An analysis of magnetically confined reactors," Energy Policy, Elsevier, vol. 177(C).
    2. Nian, Victor & Mignacca, Benito & Locatelli, Giorgio, 2022. "Policies toward net-zero: Benchmarking the economic competitiveness of nuclear against wind and solar energy," Applied Energy, Elsevier, vol. 320(C).

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