Small modular reactors are not new. The industry has been talking about this for decades at this point. In 2001 the U.S. Department of Energy commissioned a report that looked at different SMR designs. They concluded that one of these could be operational by the end of the decade, which means 2010. It's now 2022. There is not a single SMR design in the U.S. that is ready for commercial use.
The leading design, NuScale, when it was established as a company, promised to have its first reactors operational by 2015 to 2016. Now it is talking about 2029 to 2030. I think even that is optimistic. When the NuScale design, which was talked about as being very advanced, went to the U.S. Nuclear Regulatory Commission, they found a lot of problems with it. There were problems with the steam generators. There was a problem with a certain kind of reactivity insertion. Those are safety problems that will have to be addressed. It's not clear that NuScale will be able to meet all of those by the end of this decade.
If you look at these kinds of examples and at the other countries I mentioned, where they tried to build SMRs and, when the first one was not successful, didn't follow up, I don't think it is possible that we're going to be able to meet our climate goals by pursuing SMRs.