Small Modular Reactors: What role can they play in the energy transition?
by Nicole McMillan, Justin Webb
The role that nuclear energy plays in the world’s current and future energy mix has been a divisive topic for debate for decades. It is the second largest source of low carbon electricity globally and accounts for a third of the globe’s low carbon energy supply. Nuclear reactors play an important role in stabilising electricity grids (which is increasingly important in a world more reliant on renewables) as they can provide synchronous baseload supply. But there have long been environmental and safety concerns related to nuclear energy that cannot be ignored.
About the authors
Nicole McMillan
Director, Investment Solutions Group
Nicole McMillan is a member of Investment Solutions, and is responsible for asset allocation as well as manager research, selection, appointment, and monitoring for the Investment Solutions Group’s asset consulting clients. She is also an author of PATRIZIA’s thought leadership research, regularly writing on current trends in global financial markets. Prior to joining PATRIZIA, Nicole worked for Morneau Shepell, a Canadian human resources consulting firm, as an analyst within the Asset & Risk Management department. She was responsible for conducting asset liability studies, investment manager selection, and investment education presentations for the firm’s defined benefit and defined contribution pension plan clients.
Justin Webb
Managing Director, Investment Solutions Group
Justin leads the Investment Solutions Group which is responsible for providing strategic advice and building investment strategies for institutional and government clients. Justin’s particular fields of expertise centre around developing and managing investment risk management strategies and developing alternative asset portfolio plans for institutional investors, focusing on liquidity and illiquid asset investment programs. Justin is a Chartered Accountant and a member of the Australian Institute of Company Directors with extensive experience in infrastructure investment, corporate finance and financial modelling together with performance analysis, reporting and alternative asset management. Justin sits on PATRIZIA’s Listed and Unlisted Infrastructure Investment Committees and is member of PATRIZIA Infrastructure’s Valuation Committee.
