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Tag: nuscale

Setting expectations in a nuclear "moment"

February 24, 2022, 12:16PMNuclear NewsCraig Piercy

Craig Piercy
cpiercy@ans.org

If you are in the nuclear world, it is hard to enter 2022 without a sense of optimism. Nuclear is enjoying a moment right now. Not a day goes by where there isn’t some new story on nuclear and climate or the development of new and advanced technologies, both fission and fusion.

On the business side, a flurry of deals and partnerships have been struck, and more start-­up capital has flowed into nuclear energy projects in the past six months than in the previous three years combined. Soon, you will be able to buy shares of NuScale on Nasdaq under the ticker symbol “SMR.” On the policy side, the Infrastructure Investment and Jobs Act is now law, providing roughly $8 billion in “guaranteed money” for both advanced reactor demonstrations and support for the operating fleet, potentially more if nuclear is competitive in the cross-­cutting funding initiatives created and funded in the legislation.

NuScale solidifies plans for SMR deployment in Poland

February 16, 2022, 7:00AMNuclear News
John Hopkins (left), NuScale Power’s president and CEO, and Marcin Chludziński, president of KGHM’s management board, sign the agreement on February 14. (Photo: Business Wire)

At an event held on February 14 at the Chamber of Commerce in Washington, D.C., small modular reactor developer NuScale Power inked an agreement with KGHM Polska Miedz S.A., to initiate deployment of NuScale’s SMR technology in Poland.

TVA board approves advanced reactor program; initial focus on Clinch River

February 11, 2022, 9:30AMNuclear News
An advanced nuclear reactor technology park is hoped for the 935-acre Clinch River site. Image: TVA

The Tennessee Valley Authority’s board of directors has given the go-ahead for a program that will explore the development and potential deployment of small modular reactors as part of the utility’s decarbonization strategy.

Letter of intent sets COLA submittal date for NuScale plant

February 8, 2022, 3:02PMANS Nuclear Cafe

Small modular reactor developer NuScale Power has informed the Nuclear Regulatory Commission via letter that a combined license application (COLA) for the Carbon Free Power Project’s SMR plant is expected to be submitted to the agency in January 2024. The COLA will be for a six-unit 77-MWe plant.

The public power consortium Utah Associated Municipal Power Systems launched the Carbon Free Power Project in 2015 to develop, own, and operate the nation’s first SMR plant, to be located at Idaho National Laboratory, with reactor technology supplied by NuScale.

Advanced reactors: Now comes the hard part

January 28, 2022, 2:26PMNuclear NewsMatthew L. Wald

Designing a reactor is complicated but building one may be harder. Even companies that have had lots of practice haven’t always done it well. And all the power reactors in service today were built by companies that had years of experience in other kinds of big steam-electric power plants. In contrast, some of the creative new designs now moving toward commercialization come from start-ups that have never built anything at all. How should they prepare?

Looking back at 2021—Nuclear News October through December

January 7, 2022, 2:59PMNuclear News

This is the fifth of five articles posted today to look back at the top news stories of 2021 for the nuclear community. The full article, "Looking back at 2021,"was published in the January 2022 issue of Nuclear News.

Quite a year was 2021. In the following stories, we have compiled what we feel are the past year’s top news stories from the October-December time frame—please enjoy this recap from a busy year in the nuclear community.

Looking back at 2021—Nuclear News January through March

January 7, 2022, 10:35AMNuclear News

This is the second of five articles to be posted today to look back at the top news stories of 2021 for the nuclear community. The full article, "Looking back at 2021,"was published in the January 2022 issue of Nuclear News.

Quite a year was 2021. In the following stories, we have compiled what we feel are the past year’s top news stories from the January-March time frame—please enjoy this recap from a busy year in the nuclear community.

  • Click here to see the first article in the series.

Road to advanced nuclear: How DOE and industry collaborations are paving the way for advanced nuclear reactors

April 2, 2021, 8:58AMUpdated December 28, 2021, 3:38PMNuclear NewsCory Hatch

As 2021 closes, Nuclear News is taking a look back at some of the feature articles published each month in the magazine. The April issue reviewed the current state of advanced reactors. This article looks at how the DOE and private industry are working together to realize the benefits of advanced nuclear.

As electric utilities rush to reduce carbon emissions by investing in intermittent renewables such as wind and solar, they often rely heavily on fossil fuels to provide steady baseload power.

More than 60 percent of the nation’s electricity is still generated with fossil fuels, especially coal-fired and gas-fired power plants that have the ability to quickly ramp up or ramp down power to follow loads on the electric grid. Most experts agree that even with a radical advancement in energy storage technology, relying exclusively on wind and solar to replace fossil fuels won’t be enough to maintain a stable electric grid and avoid the major impacts of climate change.

From the pages of Nuclear News: Industry update

December 21, 2021, 3:00PMNuclear News

ADVANCED REACTORS MARKETPLACE

GEH’s BWRX-300 SMR technology chosen for Darlington clean energy project

GE Hitachi Nuclear Energy has been selected by Ontario Power Generation as technology partner for the Darlington site's new nuclear plant project. GEH will work with OPG to deploy a BWRX-300 small modular reactor as early as 2028 at the Darlington site in Canada.

■ NuScale Power and Kazakhstan Nuclear Power Plants LLP have signed a memorandum of understanding to explore the deployment of NuScale VOYGR power plants in Kazakhstan. KNPP specializes in the development of nuclear power plant construction in Kazakhstan. The agreement calls for a sharing of nuclear and technical expertise between NuScale and KNPP. Under the MOU, NuScale will support KNPP’s evaluation of NuScale’s SMR technology, including nuclear power plant engineering, construction, commissioning, operation and maintenance, and project-specific studies and design work.

PKN ORLEN and Synthos Green Energy have signed an agreement to set up a joint venture, ORLEN Synthos Green Energy, with a goal to prepare and commercialize small nuclear reactor technology, particularly GE Hitachi Nuclear Energy’s BWRX-300 reactors, in Poland. Related, BWXT Canada Ltd. signed a letter of intent with Synthos and GEH for the manufacture of key SMR components for Poland.

NuScale pondering SMRs for Kazakhstan

December 20, 2021, 7:01AMNuclear News

In its latest show of interest in Central and Eastern European markets, Portland, Ore.–based NuScale Power has signed a memorandum of understanding with Kazakhstan Nuclear Power Plants LLP (KNPP) to explore the deployment of NuScale’s small modular reactor plants—recently christened VOYGR—in Kazakhstan.

SMR control room simulator launched at Texas A&M

December 15, 2021, 3:00PMNuclear News
The NuScale small modular reactor control room simulator will provide the authentic feel of being in the control room at a 12-unit SMR plant. (Photo: Rodolfo Vaghetto)

The Texas A&M Engineering Experiment Station (TEES) has installed the NuScale small modular reactor control room simulator at the Center for Advanced Small Modular and Micro Reactors (CASMR).

TEES performs collaborative research through universities, national laboratories, and state and federal agencies with the goal of finding solutions to global technical challenges.

NuScale to go public using SPAC process

December 15, 2021, 12:07PMNuclear News

First reported last week by S&P Global Platts but confirmed only yesterday, small modular reactor developer NuScale Power plans to go public via a merger with Spring Valley Acquisition Corporation, a special purpose acquisition company, or SPAC. (SPACs are shell corporations listed on a stock exchange with the purpose of acquiring or merging with a private company, effectively taking that company public without going through the standard initial public offering process.)

From the pages of Nuclear News: Industry update

December 6, 2021, 12:00PMNuclear News

NuScale Power has signed a memorandum of understanding with Prodigy Clean Energy and Kinectrics to explore and inform the development of a regulatory framework to address the licensing and deployment of a marine power station (MPS). The MPS would integrate one to 12 NuScale power modules into a marine-based nuclear power plant system. The MPS would be shipyard-fabricated and marine-transported to its deployment location, where it would be moored in place in sheltered and protected waters at the shoreline. Prodigy is Canada’s first commercial marine nuclear power developer, specializing in integrating existing power reactors into stationary-deployed marine power plant structures. Kinectrics provides life-cycle management services to the electricity industry.

Ukraine to review NuScale safety analysis report

November 23, 2021, 12:00PMNuclear News

The Department of Energy is funding an independent review of NuScale Power’s safety analysis report (SAR), to be conducted by Ukraine’s State Scientific and Technical Center for Nuclear and Radiation Safety (SSTC NRS), the Portland, Ore.–based small modular reactor developer announced on November 18.

“Any party interested in deploying an SMR in Ukraine will benefit from this independent review,” NuScale said. “This review will demonstrate the viability, value, and international interest in utilizing NuScale’s SMR technology to produce clean, reliable, and affordable energy.”

Ukraine to review NuScale safety analysis report

November 23, 2021, 6:59AMNuclear News
A screenshot from NuScale's latest video about three current research facilities. (Image: NuScale)

The Department of Energy is funding an independent review of NuScale Power’s safety analysis report (SAR), to be conducted by Ukraine’s State Scientific and Technical Center for Nuclear and Radiation Safety (SSTC NRS), the Portland, Ore.–based small modular reactor developer announced on November 18.

U.S., Romania team up to build SMR plant

November 3, 2021, 12:05PMNuclear News
Artist rendering of a NuScale SMR plant.

On the sidelines of the COP26 Conference in Glasgow yesterday, John Kerry, the Biden’s administration’s special presidential envoy for climate, joined Romanian president Klaus Iohannis to announce plans to build a first-of-a-kind small modular reactor plant in Romania. The SMR technology is to be provided by NuScale Power, based in Portland, Ore.

From the pages of Nuclear News : Industry update

November 1, 2021, 3:01PMNuclear News

Here is a recap of industry happenings over the course of the past month:

ADVANCED REACTORS MARKETPLACE

Terrestrial Energy and Cameco examine partnership for deploying IMSR Generation IV nuclear power plants

  • Terrestrial Energy and Cameco Corporation have signed a non-binding and non-exclusive memorandum of understanding to examine potential partnership opportunities to deploy Terrestrial Energy’s Integrated Molten Salt Reactor (IMSR) Generation IV nuclear power plants in North America and worldwide. The partnership would also evaluate possible opportunities for the supply of uranium, fuel, and other services. As part of these activities, the companies are investigating the potential of Cameco’s Port Hope uranium conversion facility in Ontario, Canada, for IMSR fuel salt supply.

A look at SMRs for Australia

October 11, 2021, 12:01PMNuclear News

The Minerals Council of Australia (MCA) last week released Small Modular Reactors in the Australian Context, an overview of SMRs, their potential role in Australia, and their likely operating costs.

The 36-page report, written by Australian nuclear energy advocate Ben Heard, takes a look at three of the most advanced SMR designs currently undergoing regulatory approval: NuScale’s Power Module, GE-Hitachi’s BWRX 300, and Terrestrial Energy’s Integral Molten Salt Reactor.

NuScale advances work with BWXT, builds out Canada’s SMR supply chain

September 17, 2021, 12:00PMNuclear News
BWXT Canada’s Cambridge, Ontario, facility. (Photo: BWXT Canada)

NuScale Power announced earlier this week that manufacturing process development work on its small modular reactor—the NuScale Power Module—is advancing at BWXT Canada Ltd.’s Cambridge, Ontario, facility in preparation for module fabrication. NuScale said that this work is critical to the development of its SMR technology and is an example of the supply chain development opportunities for Canadian companies with the requisite power plant equipment expertise.