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Shaping Tomorrow's Energy Landscape: A Review of Future Policy Recommendations for Generation IV and Small Modular Reactors in Europe (A Technical Memorandum)

Abstract:
This technical memorandum provides a concise overview of the comprehensive review presented in this article, focusing on the role of Generation IV (Gen IV) and Small Modular Reactors (SMRs) in reshaping Europe's energy landscape. Europe is currently undergoing a significant energy transformation driven by environmental concerns, energy security, and the urgent need to combat climate change. This review explores the potential of Gen IV and SMRs in addressing these challenges. Gen IV reactors offer enhanced safety features, reduced nuclear waste, and proliferation resistance, aligning with Europe's carbon reduction goals. SMRs, with their compact, versatile, and factory-built design, promise rapid deployment and flexibility, catering to diverse energy needs. The conclusion emphasizes the importance of investing in research, standardizing regulations, revisiting national policies, and fostering global collaboration to harness the potential of these advanced nuclear technologies. Europe's energy transition continues, and Gen IV and SMRs stand as pivotal tools in achieving a sustainable, low-carbon, and energy-secure future.