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Small modular nuclear reactors for developing countries: Expectations and evidence (2026)

AuthorF.Friess, M.Siddiqui, Ramana
6-01-3-60-21.pdf
DateFebruary 2026
Classification 6.01.3.60/21 (NUCLEAR SAFETY - REACTORS - OTHER TYPES, SMALL MODULAR REACTORS)
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From the publication:

Small modular nuclear reactors for developing countries: 
Expectations and evidence
Friederike Friess, Maha Siddiqui, M V Ramana
PNAS Nexus, Volume 5, Issue 2, February 2026

Abstract
Many developing countries have shown interest in acquiring nuclear power 
plants, particularly small modular reactors (SMRs). By analyzing presentations
 made by national representatives at International Atomic Energy Agency 
conferences, we identified 3 key expectations of SMRs expressed by many 
officials: that they generate electricity at low cost, that the design be 
demonstrated through operating experience elsewhere, and that there be 
potential for local manufacturing associated with the nuclear power project.
However, based on the available evidence regarding SMR designs, we 
demonstrated that these expectations are unlikely to be fulfilled. SMRs do 
not benefit from economies of scale, unlike large nuclear power plants. 
Because electricity from large nuclear plants is expensive, SMRs will produce
more costly power. Second, it is unrealistic to expect that SMRs will qualify
as proven technology in the near future because of the very limited number of
SMRs currently in operation or under construction. The performance of currently
operating SMRs has also been underwhelming. Finally, the idea of local 
manufacturing conflicts with the proposed economic model of mass production. 
At the same time, the skilled local workforce needed to operate these reactors 
is not readily available in many newcomer countries.