European Industrial Alliance on Small Modular Reactors Unveils Strategic Action Plan

At the beginning of September, the European Industrial Alliance on Small Modular Reactors (SMRs) adopted its first Strategic Action Plan at its second General Assembly.

The plan provides a comprehensive and detailed overview of its planned activities over the next five years to facilitate the development, demonstration, and deployment of SMRs in Europe by the early 2030s. The timely deployment of SMRs is crucial for maintaining the competitiveness of European industry, driving the energy transition towards a carbon-neutral future by 2050, and enhancing the EU’s strategic autonomy in the energy sector.

The Strategic Action Plan outlines ten specific and targeted actions to deliver over the next five years, focusing on key challenges to SMR deployment such as market demand for SMRs beyond electricity production, revitalizing the supply chain, promoting R&D and skills development, unlocking financial opportunities, and simplifying regulatory frameworks. The plan also emphasizes activities aimed at financing, public engagement, fuel and waste management, as well as the issues related to the safety and security as cornerstones of the SMR development in the next years.

The successful implementation of the Strategic Action Plan will require strong industry and public sector commitment, in addition to collaboration among interested parties.

According to the European Commission