NuScale finalises agreements to support deployment of its small modular reactor

Article by Amanda Doyle

Signing the agreement between NuScale and DHIC. Left to right: Jason Jang, Head of Private Equity Division, IBK Securities, Kiyong Na, CEO of the Doosan Nuclear Power Business Group, John Hopkins, CEO of NuScale Power, and Yongjin Song, DHIC CSO

NUSCALE has finalised agreements with Doosan Heavy Industries and Construction (DHIC) and power engineering company Sargent & Lundy to deploy its small modular reactor (SMR).

DHIC has expertise in nuclear pressure vessel manufacturing and will manufacture key components of the reactor, which will be the first SMR in the US. Sargent & Lundy will work with NuScale’s design development team and provide additional architect engineer support. The standard plant design will be used at multiple locations.

Kiyong Na, CEO of DHIC Nuclear Business Group, said: “The strategic cooperation between NuScale and Doosan will … give a boost to the US nuclear industries and Korean nuclear industries, and also contribute to reduction of CO2 worldwide.”

Thomas White, Chairman, President and CEO of Sargent & Lundy, said: “This project will be groundbreaking in many ways, and we’re proud that Sargent & Lundy will be on the frontline of this industry-leading initiative.”

John Hopkins, NuScale Chairman and Chief Executive Officer, said: “Both of these companies will provide cash investments and offer invaluable technical expertise, design support and, in the case of DHIC, manufacture key components of our groundbreaking reactor as we near the beginning of the construction phase for our first plant at the Idaho National Lab. We look forward to working with both of them to deliver America’s first SMR.”

NuScale’s design is the only SMR to seek approval from the US Nuclear Regulatory Commission. It has completed phases two and three of its review, and will complete the entire review of the design in September 2020. NuScale’s first customer will be Utah Associated Municipal Power Systems (UAMPS), which will have a 12-module SMR plant in Idaho. The plant is due to be in operation by the mid-2020s.

Article by Amanda Doyle

Staff Reporter, The Chemical Engineer

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