As their name indicates, these reactors are small-scale, modular and generate low power, typically between 150 to 300 MWe, i.e. 5 to 10 times less than an EPR. Their difference with a PWR-type reactor (second- and third-generation) lies in their design, which is based on simpler and highly standardised approach. Their modules can be prefabricated and then transported by standard means to their intended location, thereby reducing the duration of SMR construction phases. SMRs will benefit from series-production effects (due to standardised or reproducible operations), which will compensate for losses in economies of scale achieved by larger units like EPRs.