The government of the Republic of Korea and the country’s industrial sector are teaming up to promote the development of small modular reactors. At a launch ceremony for the SMR Alliance, held July 4, the participants announced strategic plans and signed business agreements.

Six companies—NuScale Power, Romania’s nuclear plant operator Nuclearelectrica, E-Infra, Nova Power & Gas, Fluor Enterprises, and Samsung C&T Corporation—signed a memorandum of understanding on June 13 to collaborate on the deployment of NuScale’s VOYGR small modular reactor plants in Central and Eastern Europe, starting with Romania.

The Nuclear Regulatory Commission recently announced that it will begin reviewing most of the standard design approval (SDA) application for NuScale Power’s uprated small modular reactor technology, with the remainder of the review on hold until the company provides additional details on a key safety topic.

Small modular reactor developer NuScale Power has signed a memorandum of understanding with three South Korean companies—Doosan Enerbility Company, GS Energy Corporation, and Samsung C&T Corporation—to explore the deployment of NuScale’s VOYGR power plants in Asia.