Small nuclear reactors: Big potential for Singapore, but with caveats
Fuel supply, costs and geopolitics among the challenges that warrant close evaluation
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MINI nuclear reactors, also known as small modular reactors (SMRs), could unlock clean energy in Singapore. But there are several challenges that policymakers will need to navigate: from costs and supply-chain complexities to geopolitics.
On Jul 31, Singapore inked a 30-year deal with the US to study SMRs and other advanced nuclear-power technologies. The deal, called a “123 Agreement”, gives Singapore access to technical information that is under US export control.
The timing of the deal comes as hype builds around SMRs and their potential to spark a nuclear-energy renaissance.
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