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UK Gov t Said Ready to Cut China Out of its Nuclear Plans

Password Remember me New to Energy Central? Applying for membership with Energy Central allows you to connect with a network of more than 200,000 global power industry professionals. The Sizewell C project is slated to cost £20 billion and be comprised of two EDF/Areva 1650 MWe European Pressurized Water Reactors (EWR). The Bradwell site is slated to be built as one or more, of CGN’s 1000 MWe PWR which is the Hualong One (HPR1000) reactor technology. The Chinese reactor design is now at Stage 4 of the UK Office of Nuclear Regulation Generic Design Assessment. The Sizewelll investment is a follow-on to an investment by China in the Hinkley Point C project where two Chinese SOE’s have taken a one-third equity stake in the project. In return the government promised China the right to build the Bradwell project with one and potentially as many as three of its Hualong One reactors.

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NuScale Power Secures Investment and Support from Samsung C&T Corporation for Global SMR Deployment

PORTLAND, Ore. (BUSINESS WIRE) Jul 22, 2021 NuScale Power announced today Samsung C&T Corporation (Samsung C&T) has committed to make an equity investment in NuScale to support deployment of its groundbreaking small modular reactor (SMR). In conjunction with the investment, Samsung C&T and NuScaleâs lead engineering, construction and procurement (EPC) partner, Fluor Corporation, are developing a business collaboration agreement to expand capabilities available for future deployment of NuScale projects. Samsung C&T, a trusted nuclear power plant contractor, participated in construction of the four unit Barakah Nuclear Power Plant in the United Arab Emirates. Under its agreements with NuScale and Fluor, Samsung C&T will draw upon its nuclear construction experience with the successful completion of the Barakah Plants and Uljin, South Korea Nos. 5 and 6 Plants to serve as a strategic partner to Fluor and other potential project participants.

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Second Korean investment in a week for NuScale SMR : Corporate

Second Korean investment in a week for NuScale SMR : Corporate
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