Energy Transition

Advanced Reactors | The Tech of Tomorrow

byAshmal Dawoodani
Research Report : Enverus Intelligence® Vault – Figure 3

Innovations in nuclear energy are being pursued on a scale not seen since the 1950s and 1960s, with the advanced reactor (AR) industry nearing a pivotal transformation. This momentum, along with the necessary strategic investments, is driven by the expectation of increased demand for lower-carbon energy across various applications. With 98 unique designs in development across major markets such as the U.S., Canada and the U.K., the sector is primed for significant growth.

Commercial differentiation based on diverse thermal power and temperature outputs holds promise for AR technology to address specific energy requirements, including electricity generation, desalination, high-temperature industrial processes and hydrogen production. Enverus Intelligence Research currently tracks 56 small modular reactor projects globally along with their location, specifications and use cases.

Highlights from Energy Transition Research:

  • Surfing the Green Wave – Hydrogen in Europe –This report delves into the impact of policy frameworks propelling Europe’s clean hydrogen evolution while scrutinizing the ramifications of potential shortfalls in meeting 2030 green hydrogen targets. With a focus on key regions and industries, the report assesses the production dynamics and demand drivers of green hydrogen, alongside an evaluation of transmission networks and import strategies. Finally, we juxtapose costs to unveil the economic viability of green hydrogen against conventional fuels.
  • Battery Storage – Best Practices for Investment, Siting and Development – This presentation ranks the most attractive regions for battery storage developers looking to enter or expand in the U.S. market.
  • Treasure Chest 1Q24 – Early Access Datasets for Strategic Analysis – The Energy Transition Research (ETR) team creates and uses a variety of analytics datasets to produce our insights. Many are best consumed integrated with our Enverus PRISM® solutions and some will ultimately become part of established analytics products. ETR clients have early access to these analytics and can incorporate them into their PRISM experience using Enverus’ proprietary Fusion Connect technology. We are pleased to share these datasets with ETR clients in a Fusion-ready format.
Innovations in nuclear energy are being pursued on a scale not seen since the 1950s and 1960s, with the advanced reactor (AR) industry nearing a pivotal transformation.
Picture of Ashmal Dawoodani

Ashmal Dawoodani

Ashmal joined the Enverus Intelligence® Research team as a specialist in renewable power generation and power markets in September 2023. He is currently pursuing a degree in Commerce from the University of Calgary, with a concentration in business analytics and data science. His background combines extensive experience in business strategy and data science, providing him with a distinctive set of skills and expertise that he brings to his current position.

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