MOAs signed for small modular nuclear reactor development

The U.S. Energy Department and its Savannah River Site (SRS) announced on March 2 three public-private partnerships to develop deployment plans for small modular nuclear reactor (SMR) technologies at SRS facilities, near Aiken, S.C. DOE said these memorandums of agreement (MOA) will help leverage Savannah River’s land assets, energy facilities and nuclear expertise to support potential private sector development, testing and licensing of prototype SMR technologies.

The U.S. Department Of Energy (DOE), Savannah River Site and Savannah River National Laboratory (SRNL) have entered into three separate agreements with Hyperion Power Generation Inc.; SMR LLC, a subsidiary of Holtec International; and NuScale Power LLC. The agreements will help these private companies obtain information on potential SMR reactor siting at Savannah River and provide a framework for developing land use and site services agreements to further these efforts.

The MOAs do not constitute a federal funding commitment. The DOE envisions private sector funding will be used to develop these technologies and support deployment plans. The agreements, and the officials and offices involved with these activities, are separate and distinct from the Energy Department’s Funding Opportunity Announcement for small modular reactor cost-share projects announced earlier in 2012.

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