Most of these designs, with the exception of the BN-1200 reactor, are generally not expected to be available for commercial construction before 2030-40.
Presently the majority of reactors in operation around the world are considered second generation reactor systems, as the vast majority of thefirst-generation systems were retired some time ago, and there are only a dozen or so Generation III reactors in operation .
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Generation V reactors refer to reactors that are purely theoretical and are therefore not yet considered feasible in the short term, resulting in limited R&D funding.