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Summary
Tractebel signed a contract with Finnish technology developer Steady Energy to provide engineering services to develop Steady Energy’s LDR-50 SMR. Steady Energy has already struck agreements for 15 reactors in Finland and is expanding to Sweden and the Baltics. The construction of the first plant could begin as early as 2029, with district heating operations anticipated to start in the early 2030s.
Steady Energy’s LDR-50 (steadyenergy.com) is a 50 MW small modular reactor, specifically designed to produce heat up to 150 °C. The LDR-50 is optimized for district heating, industrial steam production, and desalination projects. The LDR-50 is a simplified pressurized light water reactor that operates at significantly lower pressures than conventional nuclear reactors. Simple design lowers construction costs significantly and makes it cost-competitive with competing production methods. The levelized cost of heat is below 40 € per MWh, and the plant is investable by a single energy utility without requiring government subsidies. The LDR-50 reactor is the size of a standard shipping container, and is designed to be built underground for added safety and to free valuable real estate for key urban areas.
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