Small Modular Reactors Will Benefit Developing Economies – OpEd
Earth has existed for more than 4 billion years without present-day humans. In the past, dinosaurs and cavemen never used its plentiful natural resources.
The discrepancy in the allocation of earth’s natural resources between developed and developing economies, emphasizes a critical point affecting the future of the human species.
When we consider the needs of developing economies, we have no choice but to consider that access to electricity is a crucial cornerstone to alleviating poverty, promoting economic growth and improving living standards. It is an essential social and economic indicator. The link between electricity and GDP per capita is one of the strongest correlations in the social sciences. Why are we not utilizing a seemingly endless clean supply of electricity to shine some light on the hundreds of millions of people living in the dark?
Small Modular Reactors (SMR’s) hold the potential to revolutionize the clean electricity landscape by providing scalable and flexible solutions across both the developed and the developing world. Generation IV SMRs do not need to be near any large waterbody at all, a critical factor in many water scarce countries. They also incorporate a number of technological advances to meet the criteria of sustainability, nuclear safety, economic competitiveness and resistance to nuclear proliferation.
Small modular reactor development globally, is in part due to many South African engineers and scientists having been absorbed into private industry........
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