Introduction to Nuclear Energy and Small Modular Reactors (SMRs)
Nuclear energy is a key part of the world’s clean energy future. By harnessing the power of nuclear fission, modern nuclear plants provide a reliable source of electricity with near-zero carbon emissions. This makes nuclear energy vital for meeting increasing energy needs while combating climate change.
Small Modular Reactors (SMRs) are the next evolution in nuclear technology. Unlike traditional large nuclear power plants, SMRs are compact, scalable, and designed for flexible deployment. Their innovative design makes nuclear energy safer, more accessible, and cost-effective for a wide range of applications—from powering cities and industries to supporting remote locations.
Why Small Modular Reactors Are Important
Flexibility:
SMRs can be installed in remote or off-grid locations, or added in stages to match growing energy needs.
Safety:
Advanced engineering and passive safety systems greatly reduce the risk of accidents, making SMRs among the safest forms of power generation.
Cost Efficiency:
Modular construction and factory assembly lower costs and speed up installation compared to traditional nuclear plants.
Clean Energy:
SMRs produce clean, reliable, and carbon-free electricity, supporting global efforts to reduce greenhouse gas emissions.
Energy Security:
By providing a stable and local source of power, SMRs help strengthen national energy independence.
Top 10 Company list
Holtec International
Holtec International – Company Profile Type: Private, U.S.-based nuclear technology & energy company Founded: 1986 Founder & CEO: Kris Singh
Westinghouse
Full Name: Westinghouse Electric Company LLC Founded: 1886 (original Westinghouse brand) → current nuclear-focused company established in 2006 after Toshiba
Électricité de France SA (EDF)
Électricité de France SA (EDF) Full Name: Électricité de France SA (EDF) Founded: 1946 (nationalized by the French government) Headquarters:
Nuscale Power (USA)
Company Overview Founded: 2007, Corvallis, Oregon Headquarters: Tigard, Oregon, USA Major Investor: Fluor Corporation (majority stakeholder) Technology: NuScale Power Module™
GE Hitachi Nuclear Energy (USA/Japan)
Name: GE Hitachi Nuclear Energy (GEH) Type: Joint venture between GE Vernova and Hitachi Founded: June 2007 Headquarters: Wilmington, North
Roll Royce SMR
Roll-Royce SMR Overview Entity: Rolls-Royce SMR Ltd (a subsidiary of Rolls-Royce Holdings PLC) Headquarters: Derby, Warrington, and Manchester, UK Technology
TerraPower
TerraPower is a U.S.-based nuclear innovation company co-founded by Bill Gates in 2006. Headquartered in Bellevue, Washington, TerraPower focuses on