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"It will be years before new-build capacity comes online and possibly a decade or more before a significant amount of new gigawatts is added to the grid."

"Project timelines are long, with the first plant expected around 2030, which shows that meaningful revenues are still years away."

"No such small reactors are being built yet in the United States, but the energy department seeks to develop them by the 2030s. "

"Most designs stay in the pre-commercial phase well into the 2030s."

"I think these manufactured timelines are actually incredibly concerning."

"2028–2030 is the earliest window for seeing initial SMR units operational for data center use"

"These projects will help deliver new nuclear generation in the early 2030s."

"Several SMR designs expected to be commercially deployed within 5 to 10 years."

"[It] isn't expected to happen until late 2026 or early 2027."

“We’ve finished our technical work on the Kemmerer review a month ahead of our already accelerated schedule, as we aim to make licensing decisions for new, advanced reactors in no more than 18 months.”

"China will start commercial operation of its homegrown small modular reactor (SMR), the Linglong One, in the first half of 2026."

Will Any GenIV Small Modular Nuclear Reactors Enter Commercial Operation by 2027?

Russia and Vietnam signed an intergovernmental agreement on March 23 in Moscow to cooperate on the construction of the Ninh Thuan 1 Nuclear Power Plant, Vietnam's first nuclear power plant. The deal was signed by Rosatom chief Alexey Likhachev and Vietnamese Government Office head Tran Van Son.

Russia and Vietnam signed an intergovernmental agreement on March 23 in Moscow to cooperate on the construction of the Ninh Thuan 1 Nuclear Power Plant, Vietnam's first nuclear power plant. The deal was signed by Rosatom chief Alexey Likhachev and Vietnamese Government Office head Tran Van Son.

The plant will feature two Russian-designed VVER-1200 reactor units with a combined installed capacity of 2,400 MW, modeled on units at Russia's Leningrad Nuclear Power Plant-2. Rosatom did not provide a cost estimate or a timeline for construction or completion.

The plant will feature two Russian-designed VVER-1200 reactor units with a combined installed capacity of 2,400 MW, modeled on units at Russia's Leningrad Nuclear Power Plant-2. Rosatom did not provide a cost estimate or a timeline for construction or completion.

Russian Prime Minister Mikhail Mishustin said the plant would provide "a powerful push to further cooperation in related fields, high technology, as well as fundamental and applied scientific research." He also proposed increasing bilateral trade between the two countries.

Russian Prime Minister Mikhail Mishustin said the plant would provide "a powerful push to further cooperation in related fields, high technology, as well as fundamental and applied scientific research." He also proposed increasing bilateral trade between the two countries.

Vietnam's National Assembly approved a proposal to restart the Ninh Thuan nuclear project in November 2024, after canceling earlier plans in 2016 due to cost and safety concerns. The government estimates power consumption will reach 1,200 billion kWh by 2045, up from 1,000 billion kWh under the existing national power development plan.

Vietnam's National Assembly approved a proposal to restart the Ninh Thuan nuclear project in November 2024, after canceling earlier plans in 2016 due to cost and safety concerns. The government estimates power consumption will reach 1,200 billion kWh by 2045, up from 1,000 billion kWh under the existing national power development plan.

Vietnamese Prime Minister Pham Minh Chinh's visit to Moscow coincided with a global oil supply disruption linked to conflict in the Middle East, which has driven petrol prices up roughly 50 percent and diesel prices up about 70 percent in Vietnam. Russia and Vietnam also signed a deal on oil and gas production in both countries during the visit.

Vietnamese Prime Minister Pham Minh Chinh's visit to Moscow coincided with a global oil supply disruption linked to conflict in the Middle East, which has driven petrol prices up roughly 50 percent and diesel prices up about 70 percent in Vietnam. Russia and Vietnam also signed a deal on oil and gas production in both countries during the visit.

Russian gas company Novatek signed a preliminary LNG supply agreement with a Vietnamese buyer and said it was ready to begin deliveries. Separately, Vietnam's nuclear strategy targets completion of the Ninh Thuan 1 and Ninh Thuan 2 plants by 2035, with nuclear power expected to account for 6-8 percent of national electricity output by 2050.

Russian gas company Novatek signed a preliminary LNG supply agreement with a Vietnamese buyer and said it was ready to begin deliveries. Separately, Vietnam's nuclear strategy targets completion of the Ninh Thuan 1 and Ninh Thuan 2 plants by 2035, with nuclear power expected to account for 6-8 percent of national electricity output by 2050.

Russia, Vietnam Sign Deal for First Nuclear Plant

VietnamRussia, RussiaVietnam signSign nuclearDeal powerfor dealFirst Nuclear Plant

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Russia, Vietnam Sign Deal for First Nuclear Plant

VietnamRussia, RussiaVietnam signSign nuclearDeal powerfor dealFirst Nuclear Plant

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