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NusCale company pushing for NRC approval to commercialise Small Modular Nuclear Recators

text-SMRsOregon’s nuclear startup adds execs to prepare for regulatory push Portland Business Journal  

Mar 24, 2015,  Staff Reporter  NuScale Power has expanded its executive team as it prepares to submit a key document to the Nuclear Regulatory Commission.

NuScale, which is looking to make a small-scale nuclear power plant, wants the NRC to allow for full commercialization of its nuclear power technology…….

NuScale is backed by Fluor Corp. (NYSE: FLR) and U.S. Department of Energy grants. It has more than 600 employees and is working to develop its factory-built nuclear power system, which will be submitted to government regulators for approval in 2016. Its system consists of modules each producing 50 megawatts of electricity.

It expects to deploy the first working model to a coalition of Western states that will station a power plant in Idaho, possibly near the Idaho National Energy Laboratory.http://www.bizjournals.com/portland/blog/sbo/2015/03/oregons-nuclear-startup-adds-execs-to-prepare-for.html

 

March 25, 2015 - Posted by | technology, USA

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