NuScale, Romania, Announce SMR Agreement

U.S. small modular reactor developer NuScale in a joint statement with Romania's Nuclearelectrica, said the they had mapped out an agreement that would potentially site Romania as the first European country to undertake a modular reactor project, potentially involving 12 SMRs. 

NuScale SMR plant model"As world leaders, government officials, non-governmental organizations, and scientists convene in Glasgow, Scotland to raise global climate ambition at this year’s United Nations Climate Change Conference (COP26), NuScale Power,... and Nuclearelectrica, the Romanian nuclear energy producer, will team up to advance clean nuclear technology in Romania," the companies said.

NuScale considers itself to be a forerunner in the race to develop a SMR plant, which is expected to be a failsafe nuclear plant concept that relies on factory-assembled components to pull costs dramatically down compared to full-scale, multi-billion dollar commercial nuclear power plants.  

At this point, the NuScale SMR design is the first and only small modular reactor to receive design approval from the U.S. Nuclear Regulatory Commission

"The partnership between Nuclearelectrica and NuScale comes at a pivotal time as senior government policymakers from around the world discuss the urgency of accelerating the clean energy transition. NuScale’s SMRs can support international climate goals to mitigate the worst impacts of climate change while strengthening global prosperity," a joint statement said.

In 2019, NuScale and Nuclearelectrica signed a memorandum of understanding (MOU) to evaluate the development, licensing and construction of a NuScale SMR in Romania.

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