NuScale Power completed the full-scale upper module mockup of its small modular reactor (SMR) in March 2015. Last month, NuScale became the first company to submit a design certification application for an SMR to the U.S. Nuclear Regulatory Commission.
Power Engineering 20th Feb 2017 read more »
A consortium of small modular reactor (SMR) developers and customers has issued a policy statement setting out the benefits of public-private partnerships to facilitate the commercialisation and export of US-designed SMRs. The SMR Start consortium, which was launched in January 2016, said SMRs were a “strategic option” for the US to meet the need for new generation capacity from the mid-2020s onwards. Commercialisation of new nuclear technologies involves large upfront first-of-a-kind costs and a relatively long timeframe to complete licensing and design activities, the consortium said. Investment of such amounts, over the timeframes required and without contractual commitments, presented a “unique challenge” to companies, the consortium said.
World Nuclear News 20th Feb 2017 read more »