Rwanda has signed an agreement with a US firm to develop nuclear energy by constructing mini-reactors.
Details
According to the agreement, Nano Nuclear Energy Inc will provide technical assistance, training, and education, as well as build an unspecified number of small modular reactors (SMRs) and microreactors.
What They’re Saying
Construction of the SMRs and microreactors would take place in the “next few years”, Nano Nuclear CEO James Walker told a press conference in Rwanda.
“In Rwanda, you have small communities with a few thousand people that doesn’t justify a big reactor system, but you could put a microreactor there and it could serve up to 3,000 people for 20 years without need for refuelling.”
Zoom In
SMRs produce roughly a third of the power generated by traditional reactors, according to the International Atomic Energy Agency, but can be mass-produced and then transported to their locations.
By The Numbers
Rwanda currently generates about 51% of its electricity from thermal sources, followed by hydro-power at around 44% and around 4% from solar power.
Source: Barrons
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