SMR Special Act Takes Effect, Setting Framework for Commercialization Push
AI TIMES ·
✦ AI Summary
According to AI TIMES, the government will activate a pan-government support system connecting small modular reactor development, demonstrat…
According to AI TIMES, the government will activate a pan-government support system connecting small modular reactor development, demonstration, and commercialization by enforcing the SMR Special Act and its enforcement decree starting Sept. 11. The government plans to first establish a institutional foundation with the goal of commercializing light-water SMRs by 2035 and to support the start of construction of non-light-water SMRs as well. The enforcement decree sets out a system for establishing and reviewing master plans and annual implementation plans, and it also includes operating standards for a promotion committee in which related ministries and private experts discuss the matter together. Another key point is that it specifies the basis for commercialization tools such as joint ventures co-invested by private companies and public institutions, research cooperatives, and research and development special zones. It also includes designations for institutions that train specialized personnel and procedures for public communication, reflecting a strong intent to reduce bottlenecks after technology development. Based on this, the government plans to accelerate SMR industrialization by pushing detailed design and demonstration, fostering special purpose companies, and identifying a range of use cases at the same time.
Perspective
This move is important because it places the path from technology development to real industry within the institutional framework, rather than focusing only on the technology itself. Until now, the gap between research results and business execution has repeatedly been cited as a problem, but this time the government appears to be trying to create momentum by linking planning, public-private cooperation, special zones, personnel, and acceptance in one package. In the end, the center of competition is likely to shift from simply securing core technology to who can run the demonstration and commercialization system faster.
This perspective is BizCrush's own commentary and is not part of the reporting by AI TIMES.
This article was produced with the help of an automated content generation algorithm.
Source: AI TIMES
View originalThis article was summarized and organized by BizCrush based on the original article from AI TIMES. For exact quotations and full details, please refer to the original article.