The European Commission has approved a €300m French measure to support Nuward, a subsidiary of EDF, in researching and developing small modular nuclear reactors (SMRs). The project aims to develop processes for the design and construction of SMRs based on a simple and modular design and with a power output equivalent to or less than 300 MW. Under the measure, which was approved under EU State aid rules, the aid will take the form of a direct grant that will cover the R&D project until 2027.
In 2022, France decided to build 6 new EPRs (European Pressured Reactors II) and to launch studies for the construction of 8 additional EPRs as well as SMRs (Small Modular Reactors), to attain 25 GW of new nuclear capacity by 2050.
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