Nuclear Renaissance? Small Modular Reactors Could Meet US Baseload Energy Demand
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Nuclear Renaissance? Small Modular Reactors Could Meet US Baseload Energy Demand

20 March 2024 / Article

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Decarbonizing the economy will depend on the further adoption of renewables and improved energy efficiencies. However, there is a need for storage and consistent baseload power due to the variability of solar and wind. Small modular reactors (SMRs) could allow for a distributed energy system that has high-capacity utilization, lowers the need for transmission infrastructure, and is potentially safer than traditional nuclear power plants.

Decarbonizing the economy will depend on the further adoption of renewables and improved energy efficiencies. However, there is a need for storage and consistent baseload power due to the variability of solar and wind. Small modular reactors (SMRs) could allow for a distributed energy system that has high-capacity utilization, lowers the need for transmission infrastructure, and is potentially safer than traditional nuclear power plants.
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Author

Alexander Heil, PhD

Alexander Heil, PhD Alexander Heil, PhD

Senior Economist, ESF Center
The Conference Board

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