The development of micro and small modular reactor in the future energy market

Micro and Small Modular Reactor (MSMR) is an emerging energy technology that meets the requirements of market demand, safety, efficiency, and sustainability. This paper summarizes the advantages, application scenarios, and advanced technologies to support MSMR. Now that the energy market is more flexible and the requirements are more complex, while MSMR can meet the market demand and has a lower cost compared with other clean energies such as wind and solar photovoltaic. The United States is vigorously developing MSMRs into residential energy markets. The MSMR developed around the world has more than three generations of safety characteristics that have adopted passive safety features. MSMR can be manufactured in the factory which reduces construction schedule, cost, and waste. The nuclear fuel supply chain for MSMR is complete and perfect, including the front end and back end. An increasing number of advanced technologies support the development of MSMR, including advanced materials (TRISO fuel and accident-tolerance fuel), advanced control knowledges (DI&C, cybersecurity, and AI), and an advanced computational platform (MOOSE framework).