Key considerations for regulation and licensing; radioactive waste and spent nuclear fuel management; decommissioning; liability and insurance.

Advanced Nuclear Technologies (ANTs) and Small Modular Reactor (SMR) designs are transforming the energy landscape. They have also expanded the range of organisations and individuals that are now considering these technologies and have immense potential to affect future energy markets.

However, the long-term nature of investment and deployment decisions relating to nuclear energy have always been complex. Understanding how ANTs will impact those decisions can be difficult and goes beyond evaluating the technical merits of competing technologies.

This two-part programme of courses aims to help you navigate some of the key factors that will affect the specific pathways to commercial deployment for ANTs. Prospect Law’s nuclear energy specialists will clarify key issues and identify their implications for investment decisions, operators, landowners, local authorities, energy users and supply chains.

Agenda

The part one course covers:

Advanced nuclear technologies overview

  • Outline of different types of technologies
  • Use cases
  • Jargon buster

Regulatory and licensing considerations

  • How will current national legislative and regulatory systems deal with ANTs?
  • Comparison between countries with established nuclear power plants and those newcomer countries with no nuclear heritage

Radioactive waste management

  • Has sufficient account been taken by the vendor and the customer of what to do with the radioactive waste and spent fuel?
  • Have the financial aspects of radioactive waste and spent fuel management been adequately considered?
  • Will any designs generate novel waste forms which may compromise repository safety?

Decommissioning

  • Have financial and technical aspects of decommissioning been adequately addressed?

Liability, insurance and risk

  • The nuclear insurance market: complexities and capacity
  • Liability and insurance frameworks
  • How will ANTs affect risk perception?
  • Will ANTs be insurable?

Course review and discussion

Who would benefit from attending this course?

The course will benefit anyone who is evaluating investment options in ANTs & SMR designs. Organisations, landowners, local authorities, supply chains, and large-scale energy users that may be considering involvement in projects utilising SMRs and ANTs will also benefit from the course.

The practical insights from the course will be immensely valuable to individuals who want to understand how radioactive waste, decommissioning, liability and insurance, and regulatory and licensing considerations impact long-term decisions on investment, development, and deployment of ANT projects.

Teaching method

Online – 4 hours with materials included.

This course can also be customised or provided in-house, via classroom delivery, for individual companies to meet specific requirements and learning objectives.

If you would like to discuss the possibility of arranging an in-house or customised course, please contact Ben Robinson at or (+44) (0)7869 307437

A new version of Prospect Law is available.