smr
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Nuclear
NuScale Exploring Marine-Deployed SMR Power Plant
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 […]
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Nuclear
Fluor Announces that NuScale Power has Engaged Guggenheim Securities to Explore Financing Options
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 […]
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Nuclear
Innovative ‘Steel Bricks’ Design Expected to Reduce Time, Cost of SMR Construction
An innovative second-generation steel-composite modular construction system that is planned for use in GE Hitachi’s (GEH’s) BWRX-300 small modular reactor (SMR) plant could dramatically reduce the amount of labor required during nuclear island construction. Brian Johnson, vice president and BWRX-300 product director with GEH, explained various details about the company’s SMR design as part of […]
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Nuclear
NARUC Steps Up to Educate States About Nuclear ‘Barriers, Possibilities’
The National Association of Regulatory Utility Commissioners (NARUC) has kicked off a five-year partnership with the U.S. Department of Energy (DOE) to educate state public service commissioners and commission staff about barriers and possibilities related to the U.S. nuclear fleet. The non-profit organization whose members include state regulatory agencies in all 50 states said on March […]
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News
NuScale SMR Chosen for UK Wind-Nuclear Hybrid
A British company announced it is joining with U.S.-based NuScale Power to develop a hybrid project using wind energy and small modular reactor (SMR) technology to produce power and green hydrogen. Shearwater Energy, a global energy services company, on Jan. 15 said it and NuScale have signed a memorandum of understanding (MOU) to collaborate on […]
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Nuclear
Governments Look to Expand Nuclear Power Through SMRs
Advancements in small modular reactor (SMR) technology are being supported by government investment within several countries, including the U.S. and the UK, as SMRs are increasingly seen as a way to take
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Nuclear
GE Hitachi Hits Milestone for SMR Design
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 […]
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Nuclear
NuScale Boosts SMR Module Capacity; UAMPS Mulls Downsizing Nuclear Project
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. […]
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Fuel
Synthos Green Energy Enters into Discussions with Polish Nuclear Regulator about Potential BWRX-300 Small Modular Reactor Project
WILMINGTON, North Carolina—October 29, 2020—GE Hitachi Nuclear Energy (GEH) announced today that Synthos Green Energy (SGE), a member of the Synthos Group S.A., has initiated discussions with Poland’s National Atomic Energy Agency (Państwowa Agencja Atomistyki – PAA) about a potential BWRX-300 small modular reactor project. Under the Polish Nuclear Act of 29 November 2000, before […]
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Nuclear
Commercial NuScale SMR in Sight as UAMPS Secures $1.4B for Plant
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 […]
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