NuScale, NuHub to pursue small modular nuclear reactors in South Carolina

Portland, April 11, 2012 — NuScale Power LLC, and NuHub, an economic development initiative in Columbia, S.C., will work together to pursue a small modular reactor project at the Savannah River Site in South Carolina.

The team's proposal will integrate one or more utilities to assist NuScale in its design certification process with the Nuclear Regulatory Commission and development of the reference construction and operating licensing application.

As part of this agreement, NuScale will support efforts by NuHub to use this opportunity as a vehicle for economic development in the Columbia region and throughout South Carolina. NuHub, an initiative of EngenuitySC, will participate in NuScale's application for an award under the Department of Energy's $452 million cost sharing program for Small Modular Reactor Licensing Technical Support.

In March, NuScale, the Savannah River Site and Savannah River National Laboratory  signed a memorandum of agreement to collaborate on the potential deployment of a nuclear power plant using NuScale's technology at the site.

NuScale has collaborated with SRNL and SRS for more than a year on the evaluation of the site for a small modular reactor. Based on NuScale's input, SRS has identified several locations on the 310 square-mile site that likely are suitable for project development.

DOE's program is designed to accelerate the deployment of SMRs by providing cost sharing over five years for the licensing of up to two technologies. Applications for the awards are due May 21, 2012, and DOE expects to announce the awardees this summer.

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