Investment banking on higher demand for SMR and large nuclear reactors
BWX Technologies announced today plans to expand and add advanced manufacturing equipment to its manufacturing plant in Cambridge, Ontario, Canada.
A $36.3 million USD ($50M CAD) expansion will increase the plant’s size by 25 percent—to 280,000 square feet—and another $21.7 million USD ($30M CAD) will be spent on new equipment to increase and accelerate its output of large nuclear components. The investment will increase capacity and create more than 200 long-term jobs for skilled workers, engineers, and support staff, according to the company.
ANS's “Powering Our Future: The Coal to Nuclear Opportunity” panel discussion featured (top left, clockwise) Jessica Lovering, Patrick Burke, Kenya Stump, Andrew Griffith, Christine King, and Carol Lane. (ANS screenshot)
Since at least June of last year—when TerraPower and PacifiCorp announced plans to site the Natrium reactor demonstration project at one of Wyoming’s retiring coal plants—the concept of repurposing those plants to host nuclear reactors has been a popular topic of conversation among the energy cognoscenti.
Producing packages for radioactive materials takes time, attention to detail, and a thorough commitment to quality assurance.
The Optimus-H transport cask on display at the 2020 Waste Management Conference in Phoenix, Ariz.
Jeff England, director of transportation projects for NAC International, pointed to the large stainless steel canister, which looked like a giant-sized silver dumbbell, perched on the flatbed of a semitrailer truck parked in the middle of the expansive exhibit hall in the Phoenix Convention Center. NAC, a provider of nuclear storage, transportation, and consulting services, was using the 2020 Waste Management Conference, held March 8–12 in Phoenix, Ariz., to unveil its newest transport casks, the Optimus-H and Optimus-L.
“These are a different niche,” England said of the casks, which were designed to transport radioactive materials, including remote-handled transuranic waste, high-activity intermediate-level waste, low-enriched uranium, and fissile materials. “You have a lot of [small] drum-sized packages, and you also have a lot of big packages that will hold around 10 55-gallon drums. But there’s not anything in between. We hold a 110-gallon drum capacity.”