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.)

U.S. nuclear technology company TerraPower announced yesterday the close of a $750 million equity raise—one of the largest advanced-nuclear investment drives to date, according to the announcement—with $250 million of that contributed by South Korean firms SK Inc. and SK Innovation.

Both firms are subsidiaries of the Seoul-based conglomerate SK Group, South Korea’s second-largest conglomerate, after Samsung Group.

X-energy, developer of the Xe-100 small modular reactor, has delivered the first of four sets of equipment for the Xe-100 reactor protection system (RPS) prototype, marking the latest milestone in the company’s efforts under the Department of Energy’s Advanced Reactor Demonstration Program (ARDP).

Bellevue, Wash.–based TerraPower has selected Kemmerer, Wyo., as the preferred site for its Natrium reactor demonstration project, the company announced yesterday.

The Canadian Nuclear Safety Commission has approved the renewal of the site preparation license for Ontario Power Generation’s Darlington new-build nuclear project. First granted in 2012, the license is now valid until October 11, 2031.

Terrestrial Energy has upgraded the design of its Integral Molten Salt Reactor (IMSR) nuclear power plant, the company announced on September 14. The proposed facility will now feature 390 MWe of generation capacity for grid supply from twin reactors and generators.

Nuclear Energy TV has teamed with the U.S. Nuclear Industry Council (USNIC) to launch the third program in its “Advanced Nuclear Energy Spotlight” series. According to its website, Nuclear TV is a “community-based Internet TV channel for live and on-demand nuclear energy industry video programming."

Day three of the 2021 Utility Working Conference commenced early Tuesday morning with a plenary session featuring Rita Baranwal, the Electric Power Research Institute’s vice president of nuclear and chief nuclear officer, and Greg Cullen, Energy Northwest’s vice president for energy services and development.

The U.S. Department of Energy has announced $5.8 million in funding to develop three construction technologies that together can reduce the cost of new nuclear builds by more than 10 percent.

The Nuclear Regulatory Commission has begun its review of GE Hitachi’s application to renew the license of its Morris Operation, the spent nuclear fuel storage facility in Grundy County, Ill. Notice of the 20-year license renewal application, along with an opportunity to request a hearing or petition for leave to intervene by August 30 was published in the June 30 Federal Register.

The viability of nuclear power ultimately depends on economics. Safety is a requirement, but it does not determine whether a reactor will be deployed. The most economical reactor maximizes revenue while minimizing costs. The lowest-cost reactor is not necessarily the most economical reactor. Different markets impose different requirements on reactors. If the capital cost of Reactor A is 50 percent more than Reactor B but has characteristics that double the revenue, the most economical reactor is Reactor A.

The most important factor is an efficient supply chain, including on-site construction practices. This is the basis for the low capital cost of light water reactors from China and South Korea. The design of the reactor can significantly affect capital cost through its impact on the supply chain. The question is, how can advanced reactors boost revenue and reduce costs?

Kandasamy

Jhansi R. Kandasamy, vice president of engineering at GE Hitachi Nuclear Energy (GEH), will be the featured guest at the next edition of the ANS Young Members Group’s Rad Talks series.

Register now for the event on Tuesday, May 18, 6:30–8 p.m. EDT. Please note that participation is limited to allow for an interactive discussion.

Details: Kandasamy joined GEH in September 2015 as vice president of engineering, having overall responsibility for operating nuclear plant technical support, modifications, and design, and for small modular reactor design and development. Over the past 30 years, she has held positions in virtually all disciplines of the nuclear power industry. She has worked at the Limerick, Palo Verde, Oyster Creek, Salem, and Hope Creek nuclear power plants. Prior to joining GEH, she worked for Bechtel, Philadelphia Electric Company, Exelon, and PSEG.

Darlington nuclear power plant. Photo: OPG

Ontario Power Generation (OPG) recently announced the resumption of planning activities for future nuclear power generation at its Darlington site, with a goal of hosting a grid-size small modular reactor as soon as 2028. Originally, plans for the Darlington new nuclear project were focused on the construction of traditional large reactors.

Located in Clarington, Ontario, Darlington is the only site in Canada currently licensed for new nuclear. OPG was granted a license from the Canadian Nuclear Safety Commission (CNSC) in 2012 to allow site preparation activities for the project. The company has applied to renew the license, which is set to expire in August 2022. The CNSC will hold a public hearing on June 9–10, 2021, to consider the license renewal.

Early last month, OPG announced that it was working with three grid-scale SMR technology developers—GE Hitachi, Terrestrial Energy, and X-energy—to advance engineering and design work, with the goal of identifying options for future deployment.