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Small Modular Reactors

An investor-friendly lens on a field the official trackers keep dry.

Live Updated 2026-01

Distance to goal

The single most intuitive view — current position against the end goal, on a log scale.

Operating SMR units

Metric detail
1
now
4
Russia + China
goal
~0.0 orders of magnitude to go

Headline indicators

Milestone timeline

Clear-cut events: crossed or not crossed.

4 achieved 1 in progress 1 locked

First floating SMR online

2020-05
Rosatom

Akademik Lomonosov began commercial operation in Pevek with two 35 MWe KLT-40S reactors.

First SMR design certified by US NRC

2023-01
NuScale Power

NuScale's design became the only SMR certified by the US regulator.

HTR-PM pebble-bed SMR commercial

2023-12
China (Huaneng / Tsinghua)

World's first commercial pebble-bed high-temperature gas-cooled SMR.

First Western SMR construction approved

2025-05
GE Vernova Hitachi / OPG

BWRX-300 construction approved at OPG's Darlington site in Ontario, Canada.

First commercial land-based SMR (Linglong One)

~ 2026
CNNC

125 MWe ACP100 on Hainan Island, targeting commercial operation in 2026.

First Western SMR online (target)

~ 2030
GE Vernova Hitachi / OPG

Darlington Unit 1 targeted to complete by the end of 2030.

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Every figure links to a primary source. We publish no invented scores. Tracker numbers are neutral; analysis is labelled separately.