The IMSR400 is a molten salt reactor with integrated components that can to supply heat directly to industrial facilities or use it to generate up to 195 MW of electrical power.

Four small modular reactors (SMRs) will power the huge Baimskaya copper and gold mining development in the Russian Arctic

The report, Global Market Analysis of Microreactors, focuses on future global microreactor markets and the potential for microreactors, assessing their unique capabilities and potential deployment in specific global markets in the 2030-2050 timeframe.

"Samsung C&T is delighted to invest in and explore global carbon-free power opportunities together with NuScale Power and Fluor Corporation, leading companies in the SMR nuclear business," Se Chul Oh, Samsung C&T’s Engineering & Construction Group president and CEO, said.

Before work was suspended, it was in line to be the world’s first operating SMR. The government licensed it as a prototype in 2009.

Orlen said it will gain access to SMR technologies and experience, while Synthos will acquire a "solid partner" for joint development of small nuclear power plants in Poland.

National regulators should collaborate through bilateral and multinational agreements on design and safety reviews, share technical reviews, establish common positions on safety criteria, and make appropriate use of existing reference SMR design reviews to streamline SMR licensing processes.

With a focus on continuing its progress at pace, the UK SMR team is transitioning from being a collaborative consortium to a stand-alone business, which will deliver a UK fleet of power stations to become a low carbon energy bastion alongside renewables,

The NuScale Power Module is a pressurised water reactor with all the components for steam generation and heat exchange incorporated into a single unit.

“FIRST is a capacity-building programme designed to deepen strategic ties, support energy innovation, and advance technical collaboration with partner nations on secure and safe nuclear energy infrastructure.”