NuScale signs MOU with Korean companies on SMR deployment in Asia

May 2, 2022, 9:30AMNuclear News
Kiyoun Na, chief executive officer of Doosan Enerbility’s nuclear business group; John Hopkins, president and CEO of NuScale Power; Yongsoo Huh, president and CEO of GS Energy; and Byung Soo Lee, executive vice president of Samsung C&T, signed an MOU to collaborate on NuScale SMR deployment in Asia.

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.

NuScale solidifies plans for SMR deployment in Poland

February 16, 2022, 7:00AMNuclear News
John Hopkins (left), NuScale Power’s president and CEO, and Marcin Chludziński, president of KGHM’s management board, sign the agreement on February 14. (Photo: Business Wire)

At an event held on February 14 at the Chamber of Commerce in Washington, D.C., small modular reactor developer NuScale Power inked an agreement with KGHM Polska Miedz S.A., to initiate deployment of NuScale’s SMR technology in Poland.

NuScale pondering SMRs for Kazakhstan

December 20, 2021, 7:01AMNuclear News

In its latest show of interest in Central and Eastern European markets, Portland, Ore.–based NuScale Power has signed a memorandum of understanding with Kazakhstan Nuclear Power Plants LLP (KNPP) to explore the deployment of NuScale’s small modular reactor plants—recently christened VOYGR—in Kazakhstan.

NuScale to go public using SPAC process

December 15, 2021, 12:07PMNuclear News

First reported last week by S&P Global Platts but confirmed only yesterday, small modular reactor developer NuScale Power plans to go public via a merger with Spring Valley Acquisition Corporation, a special purpose acquisition company, or SPAC. (SPACs are shell corporations listed on a stock exchange with the purpose of acquiring or merging with a private company, effectively taking that company public without going through the standard initial public offering process.)

Ukraine to review NuScale safety analysis report

November 23, 2021, 12:00PMNuclear News

The Department of Energy is funding an independent review of NuScale Power’s safety analysis report (SAR), to be conducted by Ukraine’s State Scientific and Technical Center for Nuclear and Radiation Safety (SSTC NRS), the Portland, Ore.–based small modular reactor developer announced on November 18.

“Any party interested in deploying an SMR in Ukraine will benefit from this independent review,” NuScale said. “This review will demonstrate the viability, value, and international interest in utilizing NuScale’s SMR technology to produce clean, reliable, and affordable energy.”

Ukraine to review NuScale safety analysis report

November 23, 2021, 6:59AMNuclear News
A screenshot from NuScale's latest video about three current research facilities. (Image: NuScale)

The Department of Energy is funding an independent review of NuScale Power’s safety analysis report (SAR), to be conducted by Ukraine’s State Scientific and Technical Center for Nuclear and Radiation Safety (SSTC NRS), the Portland, Ore.–based small modular reactor developer announced on November 18.

U.S., Romania team up to build SMR plant

November 3, 2021, 12:05PMNuclear News
Artist rendering of a NuScale SMR plant.

On the sidelines of the COP26 Conference in Glasgow yesterday, John Kerry, the Biden’s administration’s special presidential envoy for climate, joined Romanian president Klaus Iohannis to announce plans to build a first-of-a-kind small modular reactor plant in Romania. The SMR technology is to be provided by NuScale Power, based in Portland, Ore.

NuScale advances work with BWXT, builds out Canada’s SMR supply chain

September 17, 2021, 12:00PMNuclear News
BWXT Canada’s Cambridge, Ontario, facility. (Photo: BWXT Canada)

NuScale Power announced earlier this week that manufacturing process development work on its small modular reactor—the NuScale Power Module—is advancing at BWXT Canada Ltd.’s Cambridge, Ontario, facility in preparation for module fabrication. NuScale said that this work is critical to the development of its SMR technology and is an example of the supply chain development opportunities for Canadian companies with the requisite power plant equipment expertise.

DOE, U.S. companies to assist Ukraine in energy transition

September 9, 2021, 12:00PMNuclear News
Energy secretary Jennifer Granholm (seated at left) and Ukrainian energy minister Herman Galushchenko (seated at right) on August 31 sign an agreement to bolster U.S.-Ukrainian energy cooperation. Ukraine’s president, Volodymyr Zelensky, stands in the background. (Photo: DOE)

U.S. energy secretary Jennifer Granholm and Ukrainian energy minister Herman Galushchenko last week signed a joint statement of intent to advance energy and climate cooperation through the U.S.-Ukraine Strategic Energy and Climate Dialogue. The signing took place during a visit to Washington, D.C., by Ukrainian president Volodymyr Zelensky for meetings with President Biden at the White House.

NuScale, Xcel agree to explore future partnerships

August 18, 2021, 12:00PMNuclear News
A still image from a three-part video tour of NuScale’s facilities. (Photos: NuScale Power)

NuScale Power has signed a memorandum of understanding with Xcel Energy to explore the feasibility of the utility’s serving as a plant operator at NuScale plants, the Portland, Ore.-based small modular reactor developer announced earlier this week.

Xcel owns and, through subsidiary Northern States Power Company, operates Minnesota’s two nuclear plants, Monticello and Prairie Island. The Monticello facility houses one 671-MWe boiling water reactor, while Prairie Island has twin 550-MWe pressurized water reactors.

NuScale to explore SMR deployment in central Washington

May 27, 2021, 9:31AMNuclear News
An artist's rendering of the NuScale plant. Image: NuScale

Portland, Ore.–based NuScale Power has announced the signing of a memorandum of understanding with the Grant County Public Utility District (Grant PUD) to evaluate the deployment of NuScale’s advanced nuclear technology in central Washington state.