The European Industrial Alliance on Small Modular Reactors (SMRs) has adopted an ambitious five-year action plan calling for industry and government to address challenges that could help the development, demonstration and deployment of a new generation of reactors in Europe by the early 2030s.

The plan outlines 10 specific and targeted actions to deliver over the next five years, focusing on key challenges to SMR deployment such as market demand for SMRs beyond electricity production, revitalising the supply chain, promoting R&D and skills development, unlocking financial opportunities, and simplifying regulatory frameworks.

The plan also emphasises activities aimed at financing, public engagement, fuel and waste management, as well as the issues related to safety and security.