NEUP CINR-20-19954: Deployment Pathways of Small Modular Reactors in Electric Power, Industrial, and Other Niche Markets to Achieve Cost Reductions and Widespread Use

To succeed given shifting market conditions, small modular reactors (SMRs) must leverage two of their key value propositions: (1) participation in small and large power and industrial markets and (2) cost reductions via mass fabrication. This proposal will explore how to leverage these two value propositions to achieve widespread SMR deployment. We will advance power system modeling, optimize SMR design with thermal storage for power and industry markets, and generate SMR deployment pathways.

Additional Info

Field	Value
Awarded Institution	University of Michigan
PI	Michael Craig