The Akademik Lomonosov represents a particularly flexible example of the small modular reactor (SMR) nuclear power plants that are under development worldwide. SMRs provide a 'scale of multiples' that could lower the cost of financing nuclear energy. But their flexibility also brings a phalanx of new risk considerations to the nuclear bargain -- particularly one like this that's designed to change locales. No surprise then that Greenpeace Russia has dubbed the Akademik Lomonosov the world’s most dangerous nuclear project in a decade.
Nuclear engineering group Rosatom anticipates that within two years the Akademik Lomonosov will be operating in its first port of call: an Arctic oil and gas operation. In addition to remote locations, Rosatom sees a good fit for floating SMRs in developing countries, where the SMR offers a right-sized solution for power grids that are growing fast but also comparatively weak and cash-poor.
Russia's minister for nuclear energy Sergei Kiriyenko claimed to have "numerous orders" for the floating power plants during Wednesday's champagne-smashing event, according to The Voice of Russia.
Contributing Editor Peter Fairley has been tracking energy technologies and their environmental implications globally for two decades, charting the engineering and policy innovations that are turning renewable energies and electric vehicles into mainstream competitors. He is especially interested in the power grid and power market redesigns required to phase out reliance on fossil fuels.