APPLICATION OF TECHNOLOGY AND VENDOR READINESS LEVEL EVALUATIONS TO SMALL MODULAR REACTORS
4th International Technical Meeting on Small Reactors - 2016 Nov. 02-04


Presented at:
4th International Technical Meeting on Small Reactors
2016 Nov. 02-04
Location:
Ottawa, ON Canada
Session Title:
Parallel Session H: SMR Economics, Evaluation Methodologies

Authors:
J. Eastick (Hatch)
M. Pavlovic (Hatch)
B. Gihm (Hatch)
J. Sarvinis (Hatch)
  

Abstract

SMR technologies are of growing interest to Canadian stakeholders, although structured models for evaluating their technology and vendor readiness have not been readily available. Using an adaptation of the U.S. Department of Energy’s Technology Readiness Level (TRL) model to evaluate technology readiness and SMR Vendor Readiness Level (VRL) model developed by Hatch to evaluate vendor readiness, Canadian stakeholders are able to evaluate and compare the readiness and development of various SMR ventures. These tools can assist stakeholders in business decisions.

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