Estonia’s Fermi Energia has selected GE Hitachi Nuclear Energy’s BWRX-300 small modular reactor for potential deployment in that European country, GEH announced on February 8.
NuScale Power yesterday announced the signing of a memorandum of understanding with Estonia’s Fermi Energia, a company focused on small modular reactor development to address the Baltic state’s climate and energy security goals.
Under the MOU, Fermi Energia will evaluate the Portland, Ore. – based firm’s small modular reactor design for deployment in Estonia. (There are no nuclear power facilities in Estonia or in the other Baltic countries, Latvia and Lithuania.)
From left: Kalev Kallemets, chief executive officer of Fermi Energia, and James Lauritsen, managing director of Laurentis Energy Partners. (Photo: Fermi Energia)
Laurentis Energy Partners will work with Fermi Energia to support the development of small modular reactors in Estonia, the companies announced yesterday at the 2022 Canadian Nuclear Association Conference being held in Ottawa, Ontario.
A subsidiary of Ontario Power Generation (OPG), Laurentis bills itself as a provider of SMR services throughout the development life cycle, from feasibility and planning through construction, commissioning, and operations. Fermi Energia is an Estonian energy company focused on SMR development and deployment.
What they’re saying: “Building on our owner’s engineer and nuclear management experience, Laurentis is pleased to work with Fermi Energia to provide an opportunity for Estonia to confidently introduce SMRs into their energy mix,” stated Jason Van Wart, vice president of Laurentis.
Three factors will drive nuclear exports: energy security, decarbonization, and geopolitics. Recent power prices in Europe, coupled with the situation in Ukraine, demonstrate the interplay of all three factors. Nuclear exports have to be viewed in the context of the current geopolitical climate, particularly relative to Russian and Chinese competitive offerings. Finally, the critical importance of nuclear energy in meeting global decarbonization efforts can be a driving force for exports, further enhanced by the inclusion of nuclear energy in clean/green taxonomies and the accompanying support from the ESG (environmental, social, and governance) investor community.
A preliminary study conducted by the nuclear waste storage and disposal startup company Deep Isolation found that Estonia’s geology is capable of safely hosting a deep horizontal borehole repository for radioactive waste from advanced nuclear reactors.
The study, commissioned by advanced reactor deployment company Fermi Energia, found no fundamental geologic limitations to disposing of nuclear waste in deep horizontal boreholes, according to Deep Isolation. In addition, the study noted that a wide range of locations could be demonstrated to comply with International Atomic Energy Agency regulations for geologic disposal.
The findings: Results of the study, which was conducted in collaboration with Estonian geologic and drilling company Engineering Bureau STEIGER, will be presented as part of Fermi Energia’s one-day conference on small modular reactors, "New Generation Nuclear Energy in Estonia," on February 9. Registration for the event is available online.