Draft, not yet released. In stewardship review. Not indexed until the first approved release.

Readings from the other desks

The advanced nuclear baseline is read through each steward’s lens, then once as a whole. Each lens is a projection of reviewed findings, not a separate argument. The other desks’ own editions of this subject are listed first, as cross-references, not copies.

16 min read0 figures8 tables37 notesNR-XTECH-FISSION-GLOBAL-2026-BASELINE

Contents
  1. ·Edition home
  2. ·Executive summary
  3. 1Advanced nuclear is firm infrastructure and a delivery test
  4. 2Key findings
  5. 3Systems and sectors at baseline
  6. 4Risks and capability
  7. 5Fuel supply gap while first-of-a-kind units are delayed
  8. 6Readings from the other desks
    1. 6.1 The other desks’ editions of this subject
    2. 6.2 Three lenses
    3. 6.3 Standards, Academy and steward contributions
    4. 6.4 GCRI reading: the model card
    5. 6.5 Global Risks Forum reading: editorial essays
    6. 6.6 Global Risks Alliance reading: 2027 advanced nuclear readiness pack
    7. 6.7 Nexus Standards reading: standards and regulatory watch
    8. 6.8 Risk Academy reading: literature and evidence review, science and assessments
  9. 7The 2027 agenda
  10. 8Systems in depth
  11. AMethodology
  12. BData appendix
  13. CReferences and record
  14. ·Complete edition, for print

6.1The other desks’ editions of this subject

Federation: each desk writes its own edition for the subjects in its remit. Until a desk releases, its edition shows its frame and the reading this edition printed for it.

DeskEditionStateIdentifier
GCRI Systems EvidenceNo edition of this subject at this desk in the 2026 Baseline cycleNot in this cycle
GRF Public DeliberationOutside this desk’s remitNot in remit
GRA Capital ReadinessOutside this desk’s remitNot in remit
Standards ProgressNo edition of this subject at this desk in the 2026 Baseline cycleNot in this cycle
Academy CapabilityNo edition of this subject at this desk in the 2026 Baseline cycleNot in this cycle
Index MeasurementOutside this desk’s remitNot in remit

6.2Three lenses

One edition, read by each steward. The lens of this site comes first.

GCRI · KEY T

Technical Truth

The evidence supports reading advanced nuclear as firm infrastructure at baseline and as a delivery test for the next decade. Licensing has moved, test reactors have reached criticality, and the operating record, delivered cost and fuel supply are unproven. Evidence is strongest for the fleet and for permits, and weakest for cost, waste and fuel volumes.

INF-001 · INF-003 · FIN-008 · SYS-012

GRF · KEY M

Public Meaning

For most people the story arrives as a headline about a test reactor, an executive order or a data-centre deal. The baseline asks that public debate separate permits, tests and plans from operating plants, and keep waste and cost in view.

INF-002 · GOV-005 · WAS-010

GRA · KEY F

Capital Meaning

Readiness implications only. Recent large units ran far over first estimates, and small-reactor costs are modelled and contested. These show where finance-readiness evidence will matter. Nothing here is advice, a rating or an approval.

FIN-008 · FIN-009

NEXUS

Synthesis

Advanced nuclear is well described by permits and announcements and thinly measured as a system. The 2027 programme should bind fuel supply, track delivered units against schedules and compare cost and waste on a common basis.

SYS-012 · Q-01 · Q-02

6.3Standards, Academy and steward contributions

How the Nexus Standards drafts, the Risk Academy and the three stewards feed each quarterly edition for advanced nuclear. The standards are a preparatory working draft (2026) and are cited as drafts, never as adopted standards.

Table 6.1The quarterly rhythm every edition follows
QuarterEditionQuestionBoundary
Q1State and AgendaWhat matters this year, and what is the starting position?observed baseline stays distinct from planned work
Q2Evidence and BuildWhat new evidence and capability exist?a configured capability is not a validated result
Q3Stress Test and ReadinessWhat do scenarios and tests show?simulated loss or performance is not observed impact
Q4Annual Synthesis and RenewalWhat changed in the year, and what renews?release follows review, not event publicity deadlines
Table 6.2Who contributes what each quarter
Steward or bodyRoleContribution route
The Global Centre for Risk and Innovation (GCRI Canada)Lead Institution and Consortium Secretariat; publisher of record; technical truth (key T)science and practice communities · GCRI gateway
The Global Risks Forum (GRF)leadership, dialogue and the Universe programme; public meaning (key M)policy, Universe and national adoption · GRF gateway
The Global Risks Alliance (GRA)finance, insurance and development readiness; capital meaning (key F)finance and insurance · GRA gateway
Nexus Standardspreparatory drafts on vocabulary, hazards, indicators and methodsStandards site · working groups HAZ, IND, MTH, FIN, AI
Risk Academylearning pathways tied to the agenda questionsAcademy gateway · learning by review
Nexus Standards and Academytechnology chapter inputs: GCRI evidence, NXS standards, RA capabilitytechnology editorial board

Standards drafts used in this edition

  • Risk vocabulary NRS-C1 (424 terms) for terms in the glossary
  • Hazard atlas NHS-1 1.1.0 (905 hazards in 120 families) for risk objects
  • Seven risk classes: global, catastrophic, existential, emerging, planetary, exponential, frontier-tech

Standards calendar to watch

  • Founding calls from 20 October 2026; working groups meet from 5 November 2026
  • Inaugural Global Standards Council session, 12 January 2027
  • Quarterly reviews in March, June, September and December, aligned with each edition

6.4GCRI reading: the model card

GCRI’s reading of this edition is its model card: what the national model is, what it computes and where it stops. It is printed in full in Annex A, with the methods it belongs to. Annex A, methodology

6.5Global Risks Forum reading: editorial essays

Four signed essays by the Reports editorial team set out the positions this edition takes. They are interpretation, labelled as such; the evidence they draw on is in the findings register.

Advanced nuclear is a mature fleet and a set of unproven designs. The first is slow and material; the second is a delivery question that the next five years will answer. Keeping them apart avoids both hype and dismissal.

EDITORIAL ESSAY · 01

Two stories, one technology

A construction permit, a zero-power test and an operating plant carry different weight. This edition labels each, and asks for operating records before capability is claimed.

EDITORIAL ESSAY · 02

Separate permits, tests and plants

Enrichment capacity is concentrated and HALEU is scarce against estimated demand. A published supply path by year would show whether delivery is limited by fuel, money or licensing.

EDITORIAL ESSAY · 03

Fuel is the quiet constraint

Recent large units ran far over first estimates, and modelled small-reactor costs are contested. Delivered costs of the first advanced units will settle more than any forecast.

EDITORIAL ESSAY · 04

Cost is the open question

6.6Global Risks Alliance reading: 2027 advanced nuclear readiness pack

The registers that open the 2027 global cycle. At baseline each is initialised from this edition.

Table 6.32027 advanced nuclear readiness pack
ItemRegisterState at baselineFirst 2027 entry
E1Advanced nuclear risk state deltabaseline set by this editionchanges against the baseline
E2WEFH+B state deltafive global system readings setindicator updates and freshness
E3Agenda and Portfolio movementeight agenda items · 6 proposed objectsadmission decisions
E4Federation delivery registernational chapters in preparationnational chapters
E5Consortium capability registernational consortia formingfirst contributions
E6Leadership questions and challengesnone yetfirst challenge log
E7Foundry technical statenational environments preparedfirst federation cut
E8Publication candidatestwelve findings carried forwardPUBLISH · HOLD dispositions
E9Universe readinessone candidate missionadmission and role spine
E10Correction registernonefirst federation-wide cycle

Publication dispositions

  • Publish
  • Hold
  • Needs evidence
  • Restricted
  • Superseded

6.7Nexus Standards reading: standards and regulatory watch

Instruments and published guidance that shape the systems in this edition, by status on the retrieval date. The edition assesses no one’s compliance.

  • IN FORCE
  • PUBLISHED
  • DRAFT
  • PUBLISHED · VOLUNTARY
Table 6.4Standards and regulatory watch
InstrumentBodyScopeStatusRelevance
10 CFR Part 53 final rule10US Nuclear Regulatory CommissionUSPUBLISHED 2026licensing framework
Executive Order 143003White HouseUSPUBLISHED 2025licensing reform and goals
Executive Order 143015White HouseUSPUBLISHED 2025test reactor goal
Executive Order 143024White HouseUSPUBLISHED 2025industrial base and fuel
ADVANCE Act37US CongressUSIN FORCE 2024licensing statute
Prohibition on Russian low-enriched uranium imports12US governmentUSIN FORCE FROM AUGUST 2024fuel supply
CNSC construction licence for Darlington14Canadian Nuclear Safety CommissionCanadaPUBLISHED APRIL 2025construction
i-SMR standard design approval application19Nuclear Safety and Security CommissionKoreaIN REVIEW FROM FEBRUARY 2026design approval
Generation IV International Forum40GIF member statesglobalPUBLISHED · VOLUNTARYsix reactor concepts
EU taxonomy delegated act41European CommissionEUIN FORCE 2022finance classification

Changed since 2024

  • The NRC published the final Part 53 rule in 202610
  • The NRC issued the Natrium construction permit in March 20268
  • Finland granted an operating licence for the Onkalo repository in October 2026, after the evidence close21

To watch in 2027

  • The first application under Part 5310
  • Operating licence applications for the Natrium and Darlington units814
  • The end of waiver authority for Russian low-enriched uranium imports at the start of 202812

6.8Risk Academy reading: literature and evidence review, science and assessments

The review behind this edition covers advanced nuclear assessments, peer-reviewed science and the institutional reports that bind its findings. Systematic reviews for each agenda item begin in 2027.

Review protocol

Question
What does the published evidence establish about advanced nuclear and next-generation fission and its couplings?
Sources searched
peer-reviewed journals; regulator and agency pages; executive orders and rules; industry association and intergovernmental overviews
Window
releases available at evidence close, 30 September 2026
Selection
sources that bind or contextualise a finding in this edition
Next step
systematic reviews for agenda items 01 to 05 in 2027
Table 6.5Peer-reviewed cost and waste studies
ReferenceTypeYearRoleUsed for
Steigerwald et al.25journal article2023supportssmall-reactor cost uncertainty
Steigerwald et al.26journal article2023supportsfifteen concepts compared
Krall, Macfarlane and Ewing27journal article2022supportswaste volumes
IPCC Working Group III36assessment report2022contextmitigation options
UNECE life-cycle assessment35assessment report2021contextlife-cycle emissions
Table 6.6Regulator and agency records
ReferenceIssuerYearRoleUsed for
DOE Natrium permit release8US Department of Energy2026supportspermit
DOE pilot program release7US Department of Energy2026supportstest reactors
DOE HALEU page11US Department of Energy2024supportsfuel
DOE advanced reactor demonstration page24US Department of Energy2025contextdemonstration funding
NRC NuScale design approval page31US NRC2025contextdesign approval
NRC Kairos Hermes page38US NRC2025contexttest reactor permit
CNSC and OPG Darlington page39Ontario Power Generation2026contextCanadian unit
Table 6.7Policy, standards and framework documents
ReferenceIssuerYearRoleUsed for
Executive Order 143003White House2025supportslicensing reform
Executive Order 143024White House2025supportsindustrial base
Executive Order 143015White House2025contexttesting reform
NRC Part 53 page10US NRC2026supportsframework
ADVANCE Act37US Congress2024contextlicensing statute
COP28 declaration34national governments2023contexttripling goal
EU taxonomy delegated act41European Commission2022contextfinance classification
World Bank financing policy33World Bank2025contextfinance policy
Table 6.8Fleet, fuel and country overviews
ReferenceIssuerYearRoleUsed for
WNA world nuclear power page1World Nuclear Association2025supportsfleet
IAEA projections2IAEA2025context2050 cases
IEA nuclear report28IEA2025contextpathway
NEA small reactor dashboard29OECD NEA2024contextdesign counts
Uranium Red Book30OECD NEA and IAEA2024contextresources and demand
IAEA small reactor booklet42IAEA2022contextdesign catalogue
WNA enrichment page12World Nuclear Association2025supportscapacity
IAEA reactor database32IAEA2026contextreactor records

Where the evidence agrees

  • Recent large reactors ran far over first estimates151720
  • HALEU supply is below the demand DOE estimates11
  • Spent-fuel disposal needs long lead times22

Where it is unsettled

  • What advanced and small reactors will cost when built at scale2526
  • How waste volumes compare across designs on a common basis27
  • How fast first-of-a-kind units will be delivered against announced schedules1418

Notes

Numbers are the edition’s reference numbers, so a note reads the same in every chapter. The full list, with every source and its licence, is in Annex C. Annex C, references

  1. 10US Nuclear Regulatory Commission (ed.), 10 CFR Part 53 rulemaking page (final rule 91 FR 15696; risk-informed, performance-based, technology-inclusive framework; background in NEIMA and the ADVANCE Act). US Nuclear Regulatory Commission, Rockville. Observation year 2026. Accessed 2026-11-03.back
  2. 3The White House (ed.), Ordering the Reform of the Nuclear Regulatory Commission, Executive Order 14300, 23 May 2025 (goal of 400 GW by 2050 from about 100 GW in 2024; 18-month limit for new reactor decisions; 1-year limit for continued operation). The White House, Washington. Observation year 2025. Accessed 2026-11-03.back
  3. 5UNVERIFIED, not opened: The White House (ed.), Reforming Nuclear Reactor Testing at the Department of Energy, Executive Order 14301, 23 May 2025, the page address returned not found; the goal of three reactors achieving criticality by 4 July 2026 is taken from the American Nuclear Society report. The White House, Washington. Observation year 2025. Accessed 2026-11-03.back
  4. 4The White House (ed.), Reinvigorating the Nuclear Industrial Base, Executive Order 14302, 23 May 2025 (5 GW of uprates; 10 new large reactors with complete designs under construction by 2030; fuel, enrichment and spent fuel directions). The White House, Washington. Observation year 2025. Accessed 2026-11-03.back
  5. 37UNVERIFIED, not opened: ADVANCE Act of 2024, Public Law 118-67, United States Congress, cited from memory without a figure; the NRC Part 53 page names the Act as background. Observation year 2024. Accessed 2026-11-03.back
  6. 12World Nuclear Association (ed.), Uranium Enrichment (information library page; capacity table from the WNA Nuclear Fuel Report 2025: 68.076 million SWU in 2025, Rosatom 29.133, Urenco 17.300, CNNC 13.789 estimated, Orano 7.500; US ban on Russian low-enriched uranium from August 2024). World Nuclear Association, London. Observation year 2025. Accessed 2026-11-03.back
  7. 14World Nuclear Association (ed.), Nuclear Power in Canada (country profile; Darlington BWRX-300, construction licence April 2025, first nuclear concrete 26 June 2026, operation expected 2030, CAD 20.9 billion for four units; page lists 316 MWe gross and describes 300 MWe). World Nuclear Association, London. Observation year 2026. Accessed 2026-11-03.back
  8. 19World Nuclear Association (ed.), Nuclear Power in South Korea (country profile; 26 operable units, 25,609 MWe; i-SMR 170 MWe design, standard design approval application February 2026, approval targeted 2028; Barakah units in operation, last in September 2024). World Nuclear Association, London. Observation year 2026. Accessed 2026-11-03.back
  9. 40UNVERIFIED, not opened: Generation IV International Forum (ed.), Generation IV systems, the page address returned not found; the forum and its six concepts are described in the World Nuclear Association page. GIF, Paris. Observation year 2025. Accessed 2026-11-03.back
  10. 41UNVERIFIED, not opened: European Commission (ed.), Complementary Climate Delegated Act on nuclear and gas activities in the EU taxonomy, 2022, cited from memory without a figure. European Commission, Brussels. Observation year 2022. Accessed 2026-11-03.back
  11. 8US Department of Energy, Office of Nuclear Energy (ed.), NRC Issues Construction Permit for TerraPower’s Natrium Advanced Reactor (article, 9 March 2026; 345 MWe sodium-cooled fast reactor, storage lifts output to 500 MW; Kemmerer Unit 1, Wyoming; operating licence separate). US Department of Energy, Washington. Observation year 2026. Accessed 2026-11-03.back
  12. 21POST-CLOSE, context only: World Nuclear Association (ed.), Nuclear Power in Finland (country profile; Olkiluoto 3 contract of EUR 3.2 billion for mid-2009, regular production April 2023; Onkalo operating licence granted October 2026 valid to the end of 2070, after the 30 September evidence close). World Nuclear Association, London. Observation year 2026. Accessed 2026-11-03.back
  13. 25Steigerwald, B., Weibezahn, J., Slowik, M. and von Hirschhausen, C., Uncertainties in estimating production costs of future nuclear technologies: a model-based analysis of small modular reactors, Energy 281, 128204, 2023 (abstract page read). Elsevier, Amsterdam. Observation year 2023. Accessed 2026-11-03.back
  14. 26Steigerwald, B. et al., Future nuclear fission reactors: uncertainties, the effect of parameter choice and an application to small modular reactor concepts, Safety of Nuclear Waste Disposal 2, 217, 2023 (abstract page read; 15 concepts; none competes with existing renewables on its assumptions). Copernicus Publications, Gottingen. Observation year 2023. Accessed 2026-11-03.back
  15. 27Krall, L.M., Macfarlane, A.M. and Ewing, R.C., Nuclear waste from small modular reactors, Proceedings of the National Academy of Sciences 119(23), e2111833119, 2022 (open-access full text, abstract and conclusions read; waste volume factors of 2 to 30; three designs). National Academy of Sciences, Washington. Observation year 2022. Accessed 2026-11-03.back
  16. 36UNVERIFIED, not opened: IPCC (ed.), Climate Change 2022: Mitigation of Climate Change, Working Group III, chapter 6, the page returned forbidden; no figure from it is used. Intergovernmental Panel on Climate Change, Geneva. Observation year 2022. Accessed 2026-11-03.back
  17. 35UNVERIFIED, not opened: UNECE (ed.), Life Cycle Assessment of Electricity Generation Options, 2021, the page returned forbidden; no figure from it is used. United Nations Economic Commission for Europe, Geneva. Observation year 2021. Accessed 2026-11-03.back
  18. 7US Department of Energy (ed.), Department of Energy Celebrates Fourth Criticality Ahead of July 4th Goal (press release, 6 July 2026; Aalo-X, Mark-0, Ward 250 and Unity; zero-power fueled criticality; agency announcement). US Department of Energy, Washington. Observation year 2026. Accessed 2026-11-03.back
  19. 11US Department of Energy, Office of Nuclear Energy (ed.), What is high-assay low-enriched uranium (HALEU)? (article of 3 December 2024; enrichment 5% to less than 20% U-235; demand could reach 50 metric tons a year by 2035; Piketon more than 100 kg enriched). US Department of Energy, Washington. Observation year 2024. Accessed 2026-11-03.back
  20. 24US Department of Energy, Office of Nuclear Energy (ed.), Advanced Reactor Demonstration Program (programme page; USD 160 million initial funding; demonstrations within 7 years of award; ARC 20 designs for the mid-2030s). US Department of Energy, Washington. Observation year 2025. Accessed 2026-11-03.back
  21. 31UNVERIFIED, not opened: US Nuclear Regulatory Commission (ed.), NuScale US460 standard design approval page, the page address returned not found; the approval is cited from memory without a figure. US NRC, Rockville. Observation year 2025. Accessed 2026-11-03.back
  22. 38UNVERIFIED, not opened: US Nuclear Regulatory Commission (ed.), Kairos Power Hermes test reactor licensing page, the page address returned not found; no figure from it is used. US NRC, Rockville. Observation year 2025. Accessed 2026-11-03.back
  23. 39UNVERIFIED, not opened: Ontario Power Generation (ed.), Darlington New Nuclear Project page, the page returned forbidden; Darlington figures are taken from the World Nuclear Association country profile. OPG, Toronto. Observation year 2026. Accessed 2026-11-03.back
  24. 34UNVERIFIED, not opened: Declaration to Triple Nuclear Energy, COP28, December 2023, cited from memory without a figure. Signatory national governments. Observation year 2023. Accessed 2026-11-03.back
  25. 33UNVERIFIED, not opened: World Bank Group (ed.), press release on ending the ban on financing nuclear energy, June 2025, the page address returned not found; cited from memory without a figure. World Bank, Washington. Observation year 2025. Accessed 2026-11-03.back
  26. 1World Nuclear Association (ed.), Nuclear Power in the World Today (information library page; 443 operable reactors, 405,667 MWe net, about 9% of world electricity, 80 under construction with 87,813 MWe gross; electricity data for 2025). World Nuclear Association, London. Observation year 2025. Accessed 2026-11-03.back
  27. 2UNVERIFIED, not opened: IAEA (ed.), Energy, Electricity and Nuclear Power Estimates for the Period up to 2050, 2025 edition (377 GW at end of 2024; high case 992 GW and low case 561 GW in 2050), taken from search-result summaries of trade reports; the IAEA page was not retrieved. International Atomic Energy Agency, Vienna. Observation year 2025. Accessed 2026-11-03.back
  28. 28UNVERIFIED, not opened: IEA (ed.), The Path to a New Era for Nuclear Energy, January 2025, the page returned forbidden; no figure from it is used. International Energy Agency, Paris. Observation year 2025. Accessed 2026-11-03.back
  29. 29UNVERIFIED, not opened: OECD Nuclear Energy Agency (ed.), The NEA Small Modular Reactor Dashboard, second edition, the page returned a service error; no figure from it is used. OECD NEA, Paris. Observation year 2024. Accessed 2026-11-03.back
  30. 30UNVERIFIED, not opened: OECD NEA and IAEA (eds.), Uranium 2024: Resources, Production and Demand, the page returned forbidden; no figure from it is used. OECD NEA, Paris. Observation year 2025. Accessed 2026-11-03.back
  31. 42UNVERIFIED, not opened: IAEA (ed.), Advances in Small Modular Reactor Technology Developments, 2022 edition, cited from memory without a figure. International Atomic Energy Agency, Vienna. Observation year 2022. Accessed 2026-11-03.back
  32. 32UNVERIFIED, not opened: IAEA (ed.), Power Reactor Information System, the analytics page returned only its title; no figure from it is used. International Atomic Energy Agency, Vienna. Observation year 2026. Accessed 2026-11-03.back
  33. 15World Nuclear Association (ed.), Nuclear Power in the USA (country profile; 94 operable reactors, 96,952 MWe; Vogtle 3 and 4 cost estimates; Kemmerer permit March 2026; Clinch River construction licence September 2026; Palisades and Crane restart status; page states three reactors critical by July 2026). World Nuclear Association, London. Observation year 2026. Accessed 2026-11-03.back
  34. 17World Nuclear Association (ed.), Nuclear Power in the United Kingdom (country profile, first 100,000 characters read; Rolls-Royce SMR delivery contract April 2026 for three Wylfa units with up to GBP 599 million loan financing; Hinkley Point C GBP 35 billion in 2015 prices, February 2026; Sizewell C). World Nuclear Association, London. Observation year 2026. Accessed 2026-11-03.back
  35. 20World Nuclear Association (ed.), Nuclear Power in France (country profile, first 100,000 characters read; 57 operable reactors; EPR2 six units, EUR 72.8 billion estimate of December 2025; Flamanville 3 grid connection December 2024, EUR 13.2 billion estimate of December 2022). World Nuclear Association, London. Observation year 2025. Accessed 2026-11-03.back
  36. 22World Nuclear Association (ed.), Storage and Disposal of Radioactive Wastes (information library page; Finland, Sweden, France and US repository milestones; Cigéo commissioning planned for 2050; Yucca Mountain suspended). World Nuclear Association, London. Observation year 2026. Accessed 2026-11-03.back
  37. 18World Nuclear Association (ed.), Nuclear Power in China (country profile, first 100,000 characters read; 65 reactors, 65,085 MWe operable; 39 under construction; HTR-PM commercial operation December 2023; Linglong One commissioning expected during 2026; 110 GWe target by 2030). World Nuclear Association, London. Observation year 2026. Accessed 2026-11-03.back

Cite this chapter

Valadbaygi, S. (Ed.). (2026). Chapter 6: Readings from the other desks. In Exponential Technology Report 2026: Advanced Nuclear and Next-Generation Fission (Baseline Edition 2026, Report No. NR-XTECH-FISSION-GLOBAL-2026-BASELINE) [Draft under review]. The Global Centre for Risk and Innovation (GCRI).

Every citation form of the whole report, BibTeX and RIS included, is on the edition home. Cite this report

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