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NuScale Power, the American developer of small modular reactors, has created a specially created Spring Valley Acquisition Corp. merged with the stock market. After the merger, NuScale received
NuScale Power, the American developer of small modular reactors, has created a specially created Spring Valley Acquisition Corp. merged with the stock market. After the merger, NuScale received $380 million from the deal, which will be used to accelerate the commercialization of its own development.
Our mission at NuScale has always been simple: from replacing carbon power plants with carbon-free, controlled baseloads to developing a safer, smarter and more cost-effective form of advanced nuclear power that can meet a wide variety of future electricity and heat needs. to industrial desalination energy. scale and production of pure hydrogen,
Said John Hopkins, president of the combined company
The NuScale basic module is a pressurized water reactor in which all steam and heat exchange components are combined into a single 77 MW unit. In September 2020, the NuScale project became the first project to receive approval from the US Nuclear Regulatory Commission. The first reactors are expected to be in the USA NuScale VOYGR Six modules will be built at the National Laboratory site in Idaho. The number of modules can be 4, 6 or 12 according to the customer’s requirement.
NuScale technologies are of great interest to Eastern European countries that want to build new nuclear power plants in the near future. However, the first nuclear power plant with a NuScale reactor will not appear in the United States before 2028. But if the technology is successful, NuScale’s Korean partners, Doosan Enerbility, are ready to stamp components of such reactors in large quantities.
It is an American private company that designs and sells small modular reactors. It is headquartered in Tigard, Oregon, USA. NuScale was approved for construction of test reactors in Idaho in 2029 and 2030.
American company General Electric and Japanese Hitachi announced that in 2021 their joint venture GE Hitachi Nuclear Energy has received a contract from a leading Canadian energy supplier. Ontario Power Generation wants to build a small modular reactor (SMR). These are the same small reactors in a class similar to those developed by NuScale Power.
The Hitachi BWRX-300 reactor can be built much faster than conventional reactors and is theoretically much safer due to its small size. The reactor core can be cooled simply by convection of water without the use of a pump, and the amount of radioactive materials is much less than in more powerful models. Read more here.
Source: 24 Tv
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