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Collaboration to try and market Small Modular Nuclear Reactors (SMRs)

 GE Hitachi, Holtec Announce Cooperation to Accelerate Commercialization of SMR-160 Small Modular Reactor, Power Magazine 
02/14/2018  GE Hitachi Nuclear Energy (GEH), Global Nuclear Fuel (GNF), Holtec International and SMR Inventec, LLC (SMR, LLC), today announced a collaboration to advance the SMR‐160, a single loop, 160 MWe pressurized light water reactor based on existing light water technologies.In a Memorandum of Understanding, the companies have agreed to enter into a procompetitive collaboration to progress the SMR-160 which SMR, LLC intends to develop, design, license, commercialize, deploy and service globally. The cooperation will initially include nuclear fuel development supported by GNF and control rod drive mechanisms designed by GEH, and may later extend to other areas.

“We are excited to leverage the experience and capabilities of world class nuclear companies like GEH and GNF as we bring our game changing SMR-160 technology to global markets,” said Holtec President and CEO Dr. Kris Singh. “SMR-160 has prioritized safety in its design, to produce a right-sized, passively safe and cost-effective solution for carbon-free energy. This collaboration will ensure the SMR-160 supply chain, to deliver and fabricate critical SMR-160 technologies and components, including at our new Advanced Manufacturing Division in Camden, New Jersey.”……http://www.powermag.com/press-releases/ge-hitachi-holtec-announce-cooperation-to-accelerate-commercialization-of-smr-160-small-modular-reactor/

February 16, 2018 - Posted by | marketing, Small Modular Nuclear Reactors

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