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The International Framework For Nuclear Energy Cooperation

NEA - IFNEC Financing Initiative - Webinar Series - The Financing of SMRs Challenges and Opportunities

Online - May 18, 2021

The Financing of SMRs 

Challenges and Opportunities


Tuesday 18 May, 14:00-16:00 CEST


IFNEC, in cooperation with the Nuclear Energy Agency, organized the first webinar on ‘The Financing of SMRs: Challenges and Opportunities’ as part of the NEA – IFNEC Nuclear Financing Webinar Series on Tuesday 18 May, 14:00-16:00 CEST.

Small Modular Reactors (SMRs) offer a number of specific features that may present benefits in terms of financing. However, until the SMR market reaches commercial maturity over the next decade, the benefits will remain theoretical. In the meantime, specific additional financial support will also be required for the financing of the first demonstration units. This webinar focused on the discussion of these expected benefits, and on the potential paths forward for the financing of SMRs in different parts of the world. There was interest to discuss potential impact of various business models for SMR ownership and financial engineering. The discussion was moderated by Gloria Kwong, IFNEC, Head of Technical Secretariat.

Please click on the green links below to access the presentations.


Opening Remarks


William D. Magwood IV, NEA Director-General

Aleshia Duncan, IFNEC Chair, Deputy Assistant Secretary for International Nuclear Energy Policy and Cooperation, US Department of Energy


Session 1 – Presentation of the NEA SMR Report


Diane CameronHead of the Division of Nuclear Technology Development and Economics, NEA


Session 2 – SMR Financing – Customers’ perspective


Enhancing SMR Market Development in Europe

Kalev Kallemets, CEO, Fermi Energia, Estonia


Challenges and Opportunities for SMR Financing in Kenya

Winnie Ndubai,Director, Strategy & Planning at the Nuclear Power and Energy Agency, Kenya


Session 3 – SMR Financing – Vendors’ perspective


SMR Deployment the Decade: Good News or Fake News

Jeff Harper, Vice President for Strategy and Business Development, X-Energy, United States


SMR, the Game Changer

Jiashu Tian, General President, Hualong Nuclear Power Technology Co., Ltd., China


Session 4 – Panel Discussion and Q&As


Closing remarks by William D. Magwood IV, NEA Director-General and Aleshia Duncan, IFNEC Chair


More information about the NEA-IFNEC Nuclear Financing Webinar Series to follow

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