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Lessons Learned for NuScale and Its Next Customers The question a lot of talking heads in the mass media, the nuclear trade press, and in investor reports are asking is whether the cancellation of NuScale’s planned six 77 Mwe small modular reactors (SMRs)for its first customer UAMPS is a down market signal for SMRs in general. Anti-nuclear groups, and advocates of competing..
Energy Central…
The cost of building the nation’s first small modular reactor (SMR) is rapidly escalating due to the impact of as yet uncontrolled inflation in key commodity areas. According to a set of talking points prepared on January 3, 2023, by the Carbon Free Power Project (CFPP) there are new details about these costs. The new cost numbers come in tandem with the completion..
Energy Central…
The post NuScale SMR Chosen for UK Wind-Nuclear Hybrid appeared first on POWER Magazine.
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 an initial project, which could be sited at the now-decommissioned Wylfa nuclear power station on the island of Anglesey, off the northwestern coast of Wales, although no land agreements have been reached. Shearwater said the project could produce more than 3 million kilograms of green hydrogen annually for use in the UK’s transportation sector.
Shearwater on Friday said that under the MOU, the company and NuScale “will generally explore opportunities for the combined generation of nuclear power based on NuScale’s leading SMR technology, offshore wind energy and hydrogen production at sites in the UK.”…
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 contractor with a wide global network, that supports deployment of NuScale’s Power Module worldwide. “The relationship includes DHIC, a member of the Doosan Group, and potential Korean financial investors, which, commensurate to final due diligence, plan to make a cash equity investment in NuScale,” NuScale said on Monday.
DHIC, which has an integrated manufacturing facility in Changwon, South Korea, that it says is “capable of raw material production to final assembly of nuclear components,” has supplied 32 nuclear reactor vessels and 114 steam generators for nuclear plants in South Korea, China, the U.S., and the United Arab Emirates.
Under the MOU, the companies will negotiate a strategic supplier agreement by July 2019 that would task DHIC with building a portion of the Power Module’s “most critical and complex” sub-assemblies for the plant that NuScale is developing for Utah Associated Municipal Power Systems (UAMPS), the companies said.…