Stakeholder perspectives on the cost requirements of Small Modular Reactors

Abstract

Highlights:  Nuclear power cost experts are consistent in their understanding of what will impact on the commercial success of a near-term deployable SMR.  Stakeholders from different lifecycle stages were interviewed to elicit their preferences on SMR cost characteristics.  AHP with expert elicitation is used to rank the relative importance of cost factors influencing the LCOE.  Project financing is ranked as the most important cost factor influencing the commercial success of the SMR.  Further research is required to understand the interdependencies between cost factors influencing the LCOE.