Small modular reactors will benefit developing economies. – Watt?

The earth has existed for more than 4 billion years, and there are no humans today. In the past, dinosaurs and cavemen have never used a large amount of natural resources.

The differences in the allocation of natural resources on Earth between developed and developing economies highlight key points that affect the future of mankind.

When we consider the needs of developing economies, we have no choice but to consider that electricity is a key cornerstone in reducing poverty, promoting economic growth and improving living standards. This is an indispensable social and economic indicator. The link between electricity and GDP per capita is one of the strongest correlations in social sciences. Why don’t we use seemingly endless supply of cleansing to illuminate hundreds of millions of people living in the dark?

Small modular reactors (SMRs) have the potential to revolutionize clean TV scenes by providing scalable and flexible solutions in both developed and developing countries. Generation IV SMR simply does not need to be near any large body of water, which is a key factor in many water-deficient countries. They also incorporate many technological advances to meet standards of sustainability, nuclear security, economic competitiveness and resistance to nuclear proliferation.

The development of small modular reactors worldwide is partly due to the fact that many South African engineers and scientists have absorbed private enterprises in South Africa and around the world, including the United States. SMR has the potential to bring huge benefits to developing economies:

• Due to the compact size and modular design of SMR, lower initial capital investment requires lower upfront capital investment.
• Reduced construction time can be deployed relatively quickly, while the deployment timeline is as short as three years.
• Flexibility as SMR can be installed in various locations, including remote areas with less infrastructure.
• Scalability as SMR can be scaled or down to meet energy needs. This flexibility allows developing economies to adjust their energy production as demand changes.
• job creation and economic impact, as SMR builds and operates can create jobs and stimulate economic activity.
• With SMR having a simpler design and using a passive cooling system, it makes it simpler to be safer than traditional reactors.

The accepted definition of universal electricity includes the provision of electricity, safe cooking facilities and minimum consumption levels. The International Energy Agency (IEA) has taken a more comprehensive approach to its definition, requiring families to reach a minimum specified amount of electricity, which gradually increases over time and is based on whether the family is in a rural or urban environment. According to the IEA, the fixed minimum threshold is currently 250 kWh for rural households and 500 kW for urban households.

According to the U.S. Energy Information Administration (EIA), the average annual electricity used by U.S. residential customers in 2022 is 10,791 kWh. This is equivalent to an average of 900 kWh per month, which is 43 times the minimum rural threshold accepted by the IEA. Therefore, we can understand that economic growth in developing economies inevitably requires growth in demand for electricity. Therefore, those economies that continue to develop and their long-term power sovereignty must develop their nuclear capacity, which is a fact rather than an opinion. In particular, it is an economy based on the development of its mining, industrial and agricultural growth. It must focus a large amount of base load power and energy growth on the growth of domestic nuclear power.

As a species We can't Accurately predicting all future economic, technological and energy developments, which could fundamentally change the imminent economic and other advances of humanity. But, we able Focus on certain existing problems that need to be emphasized as reality that cannot be ignored. The well-known large image in the room is that the way wealthier developed countries avoid the transmission of electricity to developing countries has an impact.

Wind and solar renewables have weak power, intermittent and unreliable. This makes them only applicable to certain situational applications, but the reality is that the economic demand for achieving steady growth is continuous, uninterrupted, adjustable capabilities. The delivery of electricity to humans makes them suitable for industries that provide products and services to 8 billion on this planet.

Using the current nuclear technology approach, remove the used energy rods and replace them after about five to ten years. However, at this stage, only 3% of the nuclear fuel is available for energy and 97% energy The material originally included in this stored material can still be used and can be used. In other words, using the revised usage method, there are still a small amount of nuclear fuel (SUNF) used another 10 times the energy used. It can then be inferred that nuclear energy will provide humans with 50,000 years or more nuclear energy available from these SUNF sources. We are not as a species embracing the gift of the galactic sun events that the universe has given us?

Next-generation reactor designs such as small modular reactors (SMRs) and advanced fast reactors provide higher efficiency, improved safety features and significantly reduced used fuels.

Two co-authors of this article are from South Africa, who consider their country to be in a long history of core transparency and compliance, as a gateway to Africa and to the Middle East and Southeast Asia. With the improvement of security, supervision and non-proliferation measures, isn’t it time to develop the powers needed to build a resilient economy on its own?

The cost of the South African-based nuclear company at the third plant is estimated to be around $0.12/kWh, and does not require backup capacity, capital costs and disposal costs. Its energy availability factor is always 95%, always 95%. Therefore, we can accurately predict production. With the growth of the modular production supply chain and the combination of recycled materials, the cost within the next generation is expected to be reduced to $0.01/kWh.

It's a great time, just like we're going to be a key leap for nuclear species. As a species, we can take advantage of the infinite power of the galaxy events due to star collapse, as well as hundreds of millions of nova and supernova galaxy events. The infinite light in our universe has sent us our densest forms of solar energy that may be called when we use atoms to achieve peace. The power generated by nuclear power and the rapid launch of small modular reactors is the fastest way to forget the lasting light mark in the developing world that is forgotten in the dark.

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