EVALUATING SMALL MODULAR REACTORS as PART of ENERGY TRANSITION PORTFOLIOS
Abstract
National and global priorities to reduce the environmental footprint require a transition to decarbonized energy. Energy transition portfolios frequently include greater integration of nuclear energy as part of the approach; however, the analysis fails to address the risk and uncertainty of their implementation into the energy grid as part of the analysis. Although the public perception of nuclear power is less negative than it once was, there are still concerns along with regulatory barriers. This study compares energy output from Small Modular Reactors (SMRs) against outputs from renewable generation as part of an energy transition plan from fossil fuels. Challenges with industrial capacity and manufacturing requirements for SMRs, along with regulatory concerns, are also considered. Engineering managers in the power industry can use these results to produce an energy portfolio for nuclear energy generation that considers both controllable and uncontrollable forces of engineered systems.
Recommended Citation
C. Grzovic and S. Long, "EVALUATING SMALL MODULAR REACTORS as PART of ENERGY TRANSITION PORTFOLIOS," 2021 ASEM Virtual International Annual Conference "Engineering Management and The New Normal", pp. 107 - 114, American Society of Engineering Management, Jan 2021.
Department(s)
Engineering Management and Systems Engineering
Keywords and Phrases
Energy transition portfolio; SAM analysis; Small modular reactors; Sustainable energy
Document Type
Article - Conference proceedings
Document Version
Citation
File Type
text
Language(s)
English
Rights
© 2024 American Society of Engineering Management, All rights reserved.
Publication Date
01 Jan 2021
