US and Ukraine launch three small modular reactor projects worth $30 million

At the COP29 climate conference in Baku, the United States and Ukraine announced the launch of three small modular reactor (SMR) projects with a total funding of $30 million. The initiatives will become part of the international program FIRST (Foundation Infrastructure for the Responsible Use of Small Modular Reactor Technology), aimed at the responsible use of SMR technologies. The Ministry of Energy reported this.

Projects include the construction of a pilot plant for the production of clean hydrogen and ammonia, the conversion of coal-fired power plants to small modular reactors, and the development of a roadmap for decarbonization of the steel industry using SMRs.

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