06 nov 2024
Enel, in collaboration with Ansaldo, is initiating a feasibility study for the adoption of advanced third-generation Small Modular Reactors (SMRs) in Italy.
A new company will be established to focus on the adoption process, including technology selection, costs, and the potential for developing a domestic production chain.
The initiative aims to revive nuclear technology in Italy, previously halted by referendums, by leveraging smaller, cost-effective, and safer reactors.
The global interest in SMRs is growing, with various countries exploring this technology for its competitive energy production capabilities.
Enel, in partnership with Ansaldo, is embarking on a feasibility study to assess the potential adoption of advanced third-generation Small Modular Reactors (SMRs) for electricity generation in Italy.
This initiative involves the creation of a new company dedicated to exploring the adoption process, including technology selection, timelines, costs, and the possibility of establishing a domestic production chain for these reactors.
The company is expected to be formed by the end of the year, with Enel holding a majority stake, Ansaldo a minority share, and Leonardo a small participation.
The push to reintroduce nuclear technology in Italy, previously sidelined by referendums in 1987 and 2011, is driven by the development of smaller, less expensive, and perceived safer systems capable of producing significant amounts of electricity at competitive prices.
This interest is not limited to Italy; countries like Switzerland and the UK are reconsidering nuclear options, with the latter having signed agreements for SMR development using Westinghouse technology.
France is also developing its own SMR technology, Nuward, aiming for commercialization by 2030.
Globally, around 80 SMR projects are under study, with significant contributions from the US, China, and other nations.
The Italian initiative will focus on SMRs due to their advanced stage and potential availability within a decade.
Meanwhile, development of Advanced Modular Reactors (AMRs) is also underway, offering benefits like reduced waste and alternative fuel use.
SMRs are considered safer than traditional reactors due to passive cooling systems and additional water reserves.
Enel and Ansaldo are particularly interested in the potential to build these reactors within industrial sites, creating job opportunities and a national supply chain.
The consistent energy output of SMRs, comparable to gas, makes them attractive for industries and data centers, especially in northern Italy.
Enel has received numerous expressions of interest from international operators, including major tech companies, for establishing data centers in Italy.
The company is also exploring other technologies, including AMRs and fusion projects, to diversify its energy portfolio.