NuScale Power reapplies for DOE small modular reactor funding

NuScale Power submitted its application to the U.S. Department of Energy (DOE) for its second funding opportunity announcement for innovative small modular reactors (SMR).

NuScale’s application details its plan to achieve U.S. Nuclear Regulatory Commission (NRC) Certification in a timeframe that would support commercial operation by 2025.

The DOE announced its first funding decision in late fall of 2012. NuScale participated in this round as well.

In mid-April, NuScale reached a technological breakthrough whereby the NuScale Power Module does not require any electrical power to be able to achieve safe cooldown should the need arise.

In late June, NuScale announced the launch of the Western Initiative for Nuclear (WIN) which is a multi-western state collaboration to study the demonstration and deployment of a multi-module NuScale Small Modular Reactor (SMR) plant.

The NuScale Power Module is cooled by natural circulation, is entirely self-contained, and installed underwater and underground to maximize safety.

Did You Like this Article? Get All the Energy Industry News Delivered to Your Inbox

Subscribe to an email newsletter today at no cost and receive the latest news and information.

 Subscribe Now


Maximizing Operational Excellence

In a recent survey conducted by PennEnergy Research, 70% of surveyed energy industry professional...

Leveraging the Power of Information in the Energy Industry

Information Governance is about more than compliance. It’s about using your information to drive ...

Reduce Engineering Project Complexity

Engineering document management presents unique and complex challenges. A solution based in Enter...

Revolutionizing Asset Management in the Electric Power Industry

With the arrival of the Industrial Internet of Things, data is growing and becoming more accessib...

Latest PennEnergy Jobs

PennEnergy Oil & Gas Jobs