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Polish companies sign MoUs on SMR deployment and supply chain : Corporate
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27 May 2021
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Japanese heavy-industry engineering and manufacturing company IHI Corporation is to invest in small modular reactor developer NuScale Power and become a strategic supplier for NuScale plants under a new commercial agreement between the two companies. Separately, NuScale has announced it is working with public electric utility Grant County Public Utility District (Grant PUD) to explore the deployment of nuclear energy in central Washington state.
(Image: NuScale)
IHI President and CEO Hiroshi Ide said the strategic partnership with NuScale was a great opportunity for the Japanese company, which has since the 1950s designed and manufactured primary components for nuclear power plants in Japan but is now facing a stagnant domestic market. IHI wants to support the move toward a carbon-neutral economy, and NuScale s technology is safe, clean, reliable and closest to commercialisation among its competitors. IHI can support rapid deployment of NuScale s technology
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NuScale, UAMPS Kick Off Idaho SMR Nuclear Plant Licensing
NuScale Power, Fluor Corp., and Utah Associated Municipal Power Systems (UAMPS) have executed a series of major agreements to prepare for licensing of the Carbon Free Power Project (CFPP) at Idaho National Laboratory (INL) in Idaho Falls, effectively driving forward the nation’s first small modular reactor (SMR) plant.
Fluor Corp., the majority investor in NuScale Power, on Jan. 11 said Utah state energy services intermodal agency UAMPS awarded the company a “cost-reimbursable development agreement to provide estimating, development, design and engineering services” for the CFPP. Portland, Oregon–based NuScale, which has also signed a development cost reimbursement agreement with UAMPS, noted separately on Monday t
12 January 2021
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Agreements announced yesterday between NuScale Power and Utah Associated Municipal Power Systems (UAMPS) to facilitate the development of a project to deploy small modular reactors (SMRs) at the Idaho National Laboratory (INL) could lead to the placement of a first order for NuScale Power Modules in 2022.
How a NuScale plant might look (Image: NuScale)
NuScale Chairman and CEO John Hopkins said: This is the first step in a prudent deployment plan.
The Carbon Free Power Project (CFPP) will be a 720 MWe NuScale power plant, comprising up to 12 NuScale Power Modules, to be located at the US Department of Energy s (DOE) INL site. The latest orders are the result of recently signed agreements to manage and de-risk the project. They include the Development Cost Reimbursement Agreement between UAMPS and NuScale, and the USD1.355 billion multi-year Financial Assistance Award from the DOE to CFPP LLC, which is a wholly-owned subsidiary of UAMPS.
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