Lead-off of the SMRMarket, Light Water SMR

Abstract

The world is doing its best to cope with the climate crisis. At a time when it is difficult to drastically reduce electricity consumption, interest in renewable energy is increasing to reduce carbon dioxide. However, renewable energy is fundamentally intermittent and needs to be complemented with other maneuverable measures. As a result, SMR (Small Modular Reactor)’s role is being highlighted for the purpose of replacing coal-fired power plants, desalination of seawater, supplying process heat, and district heating as well as supplementing renewable energy. In particular, it is paying attention to ‘light water’ SMR as the lead-off of the SMR market. Therefore, the technology and advantages of light water reactors, the development status of SMR in Korea, and strategies to enter the SMR market with SMART and innovative SMR are discussed in this paper.