NuScale

NuScale Power and Prodigy Clean Energy, a Canadian designer of small modular reactor (SMR) marine power stations, have completed the conceptual design and economic assessment phases of a potential “marine-deployed” NuScale Power module (NPM) nuclear power plant. Building on an August 2018 memorandum of understanding (MoU) in which the companies set out to investigate the […]

May 07, 2021 06:52 AM Eastern Daylight Time IRVING, Texas–(BUSINESS WIRE)–Fluor Corporation (NYSE: FLR) announced today that NuScale Power, in which Fluor is the majority investor, has retained Guggenheim Securities, LLC, a leading financial advisory and capital markets firm, to explore financing options to accelerate the commercialization of NuScale’s groundbreaking small modular reactor (SMR) technology. Fluor […]

NuScale Power, Fluor Corp., and Utah Associated Municipal Power Systems (UAMPS) have executed a series of major agreements to prepare for licensing of the Carbon Free Power Project (CFPP) at Idaho National Laboratory (INL) in Idaho Falls, effectively driving forward the nation’s first small modular reactor (SMR) plant.  Fluor Corp., the majority investor in NuScale […]

Another small modular reactor (SMR) design is moving closer to commercial operation after achieving a licensing milestone. GE Hitachi Nuclear Energy (GEH), which is designing the BWRX-300 SMR, on Dec. 1 said the U.S. Nuclear Regulatory Commission (NRC) has issued a final safety evaluation report for the first of several licensing topical reports (LTRs) submitted […]

In a breakthrough that could improve the economics of NuScale Power’s small modular reactor (SMR) technology—and reshape a project under development by its first potential customer, the Utah Associated Municipal Power Systems (UAMPS)—the Portland, Oregon-based company on Nov. 10 said it has determined its NuScale Power Module (NPM) can generate 25% more power per module.  […]

At least eight cities have now dropped shares in the Carbon Free Power Project (CFPP), a 720-MWe NuScale Power small modular reactor (SMR) project proposed by Utah Associated Municipal Power Systems (UAMPS). Despite the Department of Energy’s (DOE’s) Oct.16–announced $1.4 billion, 10-year award to fund one-time costs for the first-of-a-kind project, four Utah cities withdrew […]

Buoyed by two major developments last week for prospective customers, NuScale Power is maintaining “strong program momentum” toward commercialization of its small modular reactor (SMR) technology, the company told POWER.  On Oct. 16, the Department of Energy (DOE) approved a $1.355 billion award to fund the Carbon Free Power Project (CFPP), a potential 720-MWe NuScale […]

The Department of Energy (DOE) on Oct. 7 notified Congress that it has chosen recipients for its Advanced Reactor Demonstration Program (ARDP) and will make its selections public “next week.” The ARDP program, which the DOE officially launched on May 14, will essentially focus DOE and non-federal resources (through cost-shared agreements with industry) to enable […]

NuScale Power said the U.S. Nuclear Regulatory Commission (NRC) has completed its Phase 6 review of the Design Certification Application (DCA) of the company’s small modular nuclear reactor (SMR), and said the company’s SMR is the first such reactor to receive NRC approval of its design. NuScale on August 28 announced that with the DCA […]

The Utah Taxpayers Association has urged cities and towns that have subscribed to the Utah Associated Municipal Power Systems (UAMPS) small modular reactor (SMR) project to withdraw from the venture before a Sept. 14 deadline that would lock them into a share of billions of dollars in costs associated with the undertaking. Rusty Cannon, vice […]

NuScale Power has completed its second submittal to the Canadian Nuclear Safety Commission (CNSC) for pre-licensing Vendor Design Review (VDR) of its small modular reactor (SMR). A pre-licensing VDR is an optional service provided by the CNSC when requested by a supplier. It provides a mechanism that enables CNSC staff to provide feedback early in […]

Moltex Energy, a privately held nuclear power development company headquartered in the UK with an office in New Brunswick, Canada, has entered into a collaboration agreement with Canadian Nuclear Laboratories (CNL) to support Moltex’s nuclear fuel development program for its Stable Salt Reactor (SSR), among the latest technology advancements for small modular reactors (SMRs). The […]

Deep decarbonization of the U.S. Northwest can be achieved at “manageable” costs by 2045, but only if utility agency Energy Northwest secures zero-emitting firm capacity, such as by relicensing Columbia Generating Station—the sole nuclear plant in the region—and building small modular reactors (SMRs), a new study suggests. The study by San Francisco-based consulting group Energy […]

Marking another major milestone for U.S.-based small modular reactor (SMR) development, GE Hitachi Nuclear Energy (GEH) said it has formally begun the regulatory licensing process for its BWRX-300, a 300-MW boiling water reactor that it claims could be competitive with natural gas power. The company revealed on Jan. 30 that it submitted the first licensing […]

Innovation is ushering in a new age for nuclear power. As well as boosting plant economics, efficiency, and flexibility, advanced technologies could open up new markets to meet soaring demand for heat and

PORTLAND, Ore. (December 12, 2019) — NuScale Power today announced that the U.S. Nuclear Regulatory Commission (NRC) has completed the fourth phase of review of the design certification application (DCA) for the company’s revolutionary small modular reactor (SMR). NuScale reached this milestone on schedule, marking yet another significant achievement along its path to commercialization. The […]

Terrestrial Energy’s Integral Molten Salt Reactor (IMSR), a 195-MWe Generation IV nuclear technology, and NuScale’s small modular reactor (SMR) may be the focus of the first joint technical review by U.S. and Canadian nuclear regulators in a bid to boost their regulatory effectiveness as more advanced reactors and SMRs trundle toward commercialization.  Rumina Velshi, president […]

GE Hitachi Nuclear Energy (GEH) and NuScale Power, two leading companies in the race to build small modular reactors (SMRs) for power generation, have recently announced deals that could result to new plants being constructed in Europe. Feasibility Studies in Estonia GEH on Oct. 3 said it had signed an agreement with Fermi Energia OÜ, […]

The companies will share technical expertise and explore potential of NuScale’s SMR as a long-term clean energy option for ČEZ PORTLAND, Ore. — Today, NuScale Power announced that it has signed a memorandum of understanding (MOU) with ČEZ Group, a leading Czech utility conglomerate, to explore applications for NuScale’s small modular reactor (SMR) as a […]

PORTLAND, Ore. (May 23, 2019) —NuScale Power LLC and Sargent & Lundy today announced a memorandum of understanding (MOU) for a strategic relationship to support deployment of NuScale Plants worldwide. Sargent & Lundy, a global leader in power engineering with more than 60 years of experience in nuclear unit design, will bring its expertise to […]

Agreement could spur new improvements in core design, performance, and levelized electricity cost of NuScale’s small modular reactor PORTLAND, Ore.—Today, NuScale Power and Enfission, LLC, a joint venture of Lightbridge Corporation (NASDAQ: LTBR) and Framatome, announced a memorandum of understanding to explore the use of next generation nuclear fuel technology in NuScale’s small modular reactors. […]

NuScale Power, the front-runner in the race to commercialize small modular reactors (SMRs), has bagged another major backer that could broaden its nuclear supply chain base and expand its financial standing.  On April 29, NuScale signed a memorandum of understanding (MOU) with Doosan Heavy Industries and Construction (DHIC), a South Korean–based engineering, procurement, and construction […]

The Department of Energy (DOE) is funding a project that would prepare Westinghouse’s 25-MWe eVinci micro-reactor for nuclear demonstration readiness by 2022.  The agency on March 27 said it will provide $12.9 million of the estimated $28.6 million Westinghouse needs for a project to prepare the micro-reactor for a demonstration, including for design, analysis, licensing […]

PORTLAND, Ore. (Jan. 15, 2019) — NuScale Power announced that it has signed a memorandum of understanding (MOU) with the Jordan Atomic Energy Commission (JAEC), to evaluate NuScale’s small module reactor (SMR) nuclear power plant for use in Jordan. The agreement continues to showcase the immense international interest in NuScale’s innovative nuclear technology. JAEC is […]

The U.S. Department of Energy (DOE) wants to use two of 12 modules at the NuScale small modular reactor (SMR) plant that Utah Associated Municipal Power Systems intends to build at the Idaho National Laboratory (INL).  One module will be used strictly for research, development, and demonstration activities under the newly launched Joint Use Modular […]

Nuclear power provides carbon-free electricity for a warming world. But is its use still practical, can it still be economic, is its promise still achievable, and is nuclear a key to combating climate change

WASHINGTON, D.C. – The U.S. Department of Energy’s (DOE) Office of Nuclear Energy (NE) today announced a Memorandum of Understanding (MOU) between DOE, Utah Associated Municipal Power Systems (UAMPS), and Battelle Energy Alliance (BEA) to reflect the importance of resilient power generated from small modular reactors (SMRs). Specifically, this MOU highlights the Department’s intent to […]

PORTLAND, Ore. (November 27, 2018) — NuScale Power announced today that it has signed a memorandum of understanding (MOU) with Bruce Power L.P., Canada’s first private nuclear generator, to develop a business case to introduce NuScale’s small modular reactor (SMR) technology to the Canadian market. This latest agreement demonstrates the growing enthusiasm in Canada for […]

PORTLAND, Ore. – NuScale Power is pleased to announce it has signed a memorandum of understanding (MOU) with Ontario Power Generation Inc. (OPG), Ontario’s public electricity generator, who has agreed to support NuScale in its vendor design review (VDR) with the Canadian Nuclear Safety Commission (CNSC), bringing NuScale closer to introducing its ground-breaking small modular […]

Interest in small modular reactors (SMRs) has ramped up of late owing to applications in niche electricity or energy markets where large reactors would not be viable—such as for cogeneration in countries with small grids, remote and off-grid areas, and for nuclear/renewable hybrid projects. Modular attributes may also enable SMRs to target the economics of […]