Small Modular Reactors

A Key Player in India's Path to Net-Zero

Abstract

As the world unites in its endeavor to combat the escalating climate change crisis and strives to achieve net-zero emissions, the spotlight is increasingly turning toward the burgeoning significance of Small Modular Nuclear Reactors (SMRs). These innovative nuclear technologies hold great promise as a vital component of India's collective response to the climate challenge. As nations strive to fulfill the United Nations Sustainable Development Goal 7, which aims to provide affordable, reliable, sustainable, and modern energy for all, it is clear that decarbonizing the power sector is essential. With 82% of the world's energy supply still reliant on fossil fuels, the transition to cleaner energy sources is paramount. Furthermore, the share of electricity in final energy consumption is expected to increase by 80-150% by 2050, emphasizing the importance of reliable, 24/7 low-carbon electricity resources.