Breaking news: Dow, X-energy sign letter of intent for SMR
X-energy and Dow announced today a collaboration with intent to deploy an advanced small modular reactor at one of Dow’s U.S. Gulf Coast facilities. The SMR, which would be operable by about 2030, would provide heat and power to the Dow facility.
The announcement was made at the American Nuclear Society's Utility Working Conference and Vendor Technology Expo (UWC 2022), being held through August 10 at Marco Island, Fla.
Dow— the chemicals, plastics, and raw materials producer—said it was the first manufacturer in the U.S. to announce intention to develop an SMR. The company intends to take a minority equity stake in X-energy.
More soon: More information on this development will be published soon on Nuclear Newswire.