Nuclear power generation is an intensive and high-input activity that incurs a substantial cost on large power-generation facilities. To this end, small modular reactors (SMRs) are relieving the pressure on large grid systems by producing localized power using simple and effective methods for nuclear power generation. The International Atomic Energy Agency (IAEA) is at the forefront of advancements in small modular reactors. During its 65th General Conference, IEAE unraveled its new platform to support the development of nuclear power using these modular reactors. Over the course of the next decade, development of SMRs is projected to be a resilient pursuit of the nuclear energy sector.
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