NuScale Power signing agreement with nuclear electrician and site owner of choice

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Memorandum of Understanding (MoU) to advance the testing of Nuclearelectrica for the installation of NuScale’s SMR technology in Romania

Portland, Ore. – NuScale Power LLC (“NuScale”) today announced a Memorandum of Understanding (“MOU”) with the Romanian State Atomic Energy Corporation SN Nuclearelectrica SA (“Nuclearelectrica”) for engineering studies, technical reviews, and licensing and licensing. Doicesti, a site activity in Romania that is the preferred location for setting up the first NuScale VOYGR ™ power plant. The announcement, highlighted ahead of a small modular reactor (“SMR”) workshop in Bucharest, Romania, hosted by the United States Trade and Development Agency (“USTDA”), is the latest in a partnership between NuScale and Nuclearelectrica to bring advanced nuclear power. Romanian technology.

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The announcement is a major step forward in the teaming agreement between NuScale and Nuclearelectrica, signed last year, under which NuScale and Nuclearelectrica are moving towards setting up a first NuScale VOYGR 6 -6 (6-module), 462 MWe power plant in Romania. Romania has the potential to coordinate the first deployment of SMRs in Europe and to be a catalyst for SMRs in the region, as well as a basis for supporting the operation of this new technology in other countries.

The USTDA provided a grant to Nuclear Electrica in early 2021, to conduct a survey to identify and evaluate several sites across Romania, where existing coal-fired power plants could be replaced with SMR plants. The study was conducted by the US firm Sergeant & Lundy, and identified a number of potentially suitable sites, including the Diocesan, Romania site, which Nuclear Electrica has identified as the preferred site for the first SMR installation.

“Today’s agreement is another exciting step in our partnership with Nuclear Electric to help establish NuScale’s SMR technology in Romania and ensure that the country can meet its climate commitments as economic growth progresses,” said NuScale’s President and CEO. John Hopkins 6 “We look forward to working with Nuclear Electric through the site selection process and demonstrating the benefits of our technology to the people of Romania.”

“Site selection is a great first step for Romania in our SMR roadmap, more than three years after our first MOU with NuScale, where we analyzed the technology, its security, its maturity and deployment and its readiness to meet Romania’s energy security. And decarbonation targets. The Nuclear Electrica team has the experience, knowledge and professional skills to travel alongside NuScale for the first installation of a small modular reactor in Europe, based on its track record of working in nuclear safety as one of the safest nuclear plants in the world. We are committed to providing Romania with clean, safe and affordable energy and the development of the first small modular reactor in Romania will prove our country’s experience and offer a new future for the nuclear energy industry: we will build a nucleus of excellence for nuclear energy. A center in the region in terms of Romanian industry and material production and assembly and manufacturing operators for SMR technology in the region, “said Cosmin Ghita, CEO of Nuclear Electrica.

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USOTA Director Enoh T. “We congratulate Nuclear Electrica and Nuskel on this important step in their partnership,” Ibung said. With the funding of this site study, our goal was to build strong relationships between the U.S. and Romanian nuclear power industries and to create new business opportunities for U.S. industries in a key market. We look forward to the successful deployment of US SMR technology in Romania.

“I thank our American partners for supporting and approving Romania’s nuclear program, a bilateral strategic partnership that began in 1980. I am proud that Romania has more than 50 years of experience The nuclear power field has been recognized and confirmed with every step, enabling us to be one of the first countries to install innovative and safe small modular reactor technology. I would also like to assure you that Romanian President Klaus Johannes, Prime Minister Nikolai Sioca and the Romanian government have sustained this project which will bring many benefits to our country, ”said Romanian Energy Minister Virgil Popescu.

About getting NuScale

NuScale Power Corporation (NYSE: SMR) is ready to meet the diverse energy needs of customers around the world. It has developed nuclear modular reactor (SMR) nuclear technology for power generation for power generation, district heating, desalination, commercial-scale hydrogen production and other process heat applications. Groundbreaking NuScale Power Module ™ (NPM), a small, safe pressurized water reactor, can generate 77 MW of electricity (MWe) and can be scaled to meet customer demand. NuScale’s 12-module VOYGR ™ -12 power plant is capable of producing 924 MWe, and NuScale offers four-module VOYGR-4 (308 MWe) and six-module VOYGR-6 (462 MWe) power plants as well as other configurations. Based on customer demand.

Founded in 2007, NuScale is headquartered in Portland, Oregon. And Corvalis, he has office; Rockville, Md .; Charlotte, NC; Richland, Wash; And London, United Kingdom. To learn more, visit NuScale Power’s Website Or follow us Twitter, Facebook, LinkedIn And Instagram.

Future plans

This release may contain “advance statements” within the meaning of the “safe haven” provision of the United States Private Securities Litigation Reform Act 1995. Visionary statements can be identified by using words like “conjecture”. “Plan” Nor is it a statement of historical information. These far-sighted statements are inherently a matter of risk, uncertainty and conjecture. Actual results may differ materially for a variety of reasons. Caution should be exercised in relying on these and other far-sighted statements. Due to known and unknown risks, NuScale’s results may differ materially from its expectations and estimates. NuScale specifically denies any obligation to update this visionary statement. These advance statements should not be relied upon as representing any evaluation of NuScale as of the date following this publication. Accordingly, unsolicited statements should not be relied upon.

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Diane Hughes, Vice President, Marketing & Communications, Nuskel Power
[email protected]
(C) (503) 270-9329


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