U.S. modular power plant developer NuScale Power said this week it had signed a memorandum of understanding (MOU) with Bulgaria’s Kozloduy Nuclear Power Plant - New Build Plc (KNPP-NB) to consider deploying NuScale’s innovative small modular reactor (SMR) technology at the Kozloduy power plant location.
KNPP-NB is a public limited company established to commission new nuclear power capacity on the existing nuclear power site.
The Kozloduy site is home to Bulgaria’s only operating nuclear power plants, and in conjunction with the Council Of Ministers’ recent decision to extend the capacity of the Kozloduy site, KNPP-NB is exploring the possibility of utilizing modular nuclear technology at this location. The goal of the agreement is to evaluate NuScale’s SMR technology for its suitability to be deployed at the Kozloduy site. Under the MOU, NuScale will support KNPP-NB as they conduct a number of studies and analyses including the development of a project timeline with milestone deliverables for a feasibility study, a project specific cost estimate, and engineering, planning, licensing, and other activities as mutually agreed upon by the parties supporting the potential implementation of a NuScale plant, the company said.
“The NuScale SMR is one of the best options to achieve European and Bulgaria policy goals in a liberalized power market, improve the security of energy supply, and add sufficient value in national gross domestic product (GDP)," said Lyuben Marinov, KNPP-NB Chief Executive Officer.
In August 2020, NuScale’s SMR became the first and only design to ever receive approval from the U.S. Nuclear Regulatory Commission. NuScale continues to maintain strong program momentum toward commercialization of its SMR technology, including supply chain development, standard plant design, planning of plant delivery activities, and startup and commissioning plans. NuScale expects to deliver its first module to a client in 2027.
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