NuScale Power
{{short description|American nuclear technology company}}
{{use mdy dates |date=December 2019 }}
{{good article}}
{{Infobox company
| name = NuScale Power Corporation
| logo = Logo-nuscale.gif
| image = Nuscale-portland-office.jpg
| image_size =
| image_caption = Headquarters in Tigard, Oregon
| type = Public
| foundation = {{start date and age|2007}} in Corvallis, Oregon, U.S.
| hq_location = Tigard, Oregon, U.S.
| products = Small modular reactors
| key_people = John Hopkins
(President & CEO)
| founders = {{unbulleted list|Paul G. Lorenzini|José Reyes}}
| industry = Nuclear power
| homepage = {{url|nuscalepower.com}}
| traded_as = {{NYSE|SMR}}
| num_employees = 329 (2024)
| revenue = {{increase}} {{US$|11.8 million}} (2022)
| net_income = {{decrease}} {{US$|-142 million}} (2022)
| assets = {{increase}} {{US$|349 million}} (2022)
| equity = {{increase}} {{US$|277 million}} (2022)
| footnotes = {{cite web |url=https://www.sec.gov/ix?doc=/Archives/edgar/data/1822966/000182296623000059/smr-20221231.htm |title=NuScale Power Corp. 2022 Annual Report (Form 10-K) |date=March 16, 2023 |publisher=U.S. Securities and Exchange Commission}}{{cite web |url=https://www.npr.org/2022/06/30/1108264499/nuclear-power-gains-support-years-decline-hurdles |title=Nuclear power is gaining support after years of decline. But old hurdles remain |date=June 30, 2022 |last=Benshoff |first=Laura |website=NPR}}
}}
NuScale Power Corporation is a publicly traded American company that designs and markets small modular reactors (SMRs). It is headquartered in Tigard, Oregon. The company's VOYGR-4, a scalable 308 MWe version of the design, was certified by the US Nuclear Regulatory Commission (NRC) in January 2023. The current VOYGR-6 design, a scalable 462 MWe SMR, was submitted for NRC review on January 1, 2023, and was approved on May 29, 2025. NuScale is now seeking NRC approval for their 12-module VOYGR-12. The SMR is also scalable, offering up to 924 MWe.{{cite web |title=NuScale SMR plants become VOYGR |url=https://www.world-nuclear-news.org/Articles/NuScale-SMR-plants-become-VOYGR |website=world-nuclear-news.org |publisher=World Nuclear Association |access-date=31 May 2025}}
NuScale's SMR designs employ {{convert|9|ft|m}} diameter by {{convert|65|ft|m}} high reactor vessels that use conventional cooling methods and run on low enriched uranium fuel assemblies based on existing light water reactor designs. Individual NuScale Power Modules are intended to be kept in an underground pool and each are expected to produce about 77 megawatts of electricity. Its coolant loop uses natural convection, fed from a large water reservoir that can operate without powered pumps.{{Citation |title=An Oregon company is going public to raise money for nuclear power ambitions |last=Parks |first=Bradley W. |url=https://www.opb.org/article/2021/12/14/oregon-company-nuscale-power-going-public-nuclear-power-plans/ |work=Oregon Public Broadcasting |access-date=2023-05-07 |date=2021-12-14}}
NuScale had agreements to build reactors in Idaho by 2030, but this was cancelled in 2023 due to the estimated cost having increased from $3.6 billion to $9.3 billion for the VOYGR-6 power plant.{{Cite news |last=Ridler |first=Keith |date=September 2, 2020 |title=US gives first-ever OK for small commercial nuclear reactor |url=https://apnews.com/article/technology-or-state-wire-ut-state-wire-id-state-wire-science-910766c07afd96fbe2bd875e16087464 |url-status=live |archive-url=https://web.archive.org/web/20210802182425/https://apnews.com/article/technology-or-state-wire-ut-state-wire-id-state-wire-science-910766c07afd96fbe2bd875e16087464 |archive-date=August 2, 2021 |publisher=Associated Press}}{{cite news |url=https://www.eenews.net/articles/nuscale-cancels-first-of-a-kind-nuclear-project-as-costs-surge/ |title=NuScale cancels first-of-a-kind nuclear project as costs surge |last=Bright |first=Zach |website=E&E News |publisher=POLITICO |date=9 November 2023 |access-date=9 November 2023}}
History
NuScale was founded based on research funded by the United States Department of Energy (DOE) and conducted by a team of nuclear scientists at Oregon State University (OSU) and the Idaho National Laboratory (INL).{{cite news|title=Start Me Up: NuScale Power|first=Abraham|last=Hyatt|newspaper=Oregon Business|date=July 2008|url=http://www.oregonbusiness.com/archives/24-july-2008/364-start-me-up|access-date=April 11, 2015|archive-date=August 30, 2012|archive-url=https://web.archive.org/web/20120830024753/http://www.oregonbusiness.com/archives/24-july-2008/364-start-me-up|url-status=live}}{{cite news|title=NIMBY: Nukes in my Backyard|date=November 11, 2008|newspaper=Investors Business Daily|url=http://news.investors.com/111008-449804-nimby-nukes-in-my-backyard.htm?p=2|access-date=April 11, 2015}} beginning in 2000. OSU researchers, headed by José N. Reyes Jr., are credited with inventing the first commercial SMR in 2007, which NuScale Power used to develop its prototype.{{cite web |title=José N. Reyes Jr. Biography |url=https://www.nae.edu/19579/19711/317876/326607/331293/331454/Jos-N-Reyes-Jr |website=nae.edu |publisher=National Academy of Engineering |access-date=31 May 2025}}{{cite news|access-date=January 15, 2015|title=NuScale Puts Single-Minded Focus on Small Modular Reactor|date=October 1, 2013|first=David|last=Wagman|url=http://www.powermag.com/nuscale-puts-single-minded-focus-on-small-modular-reactor/?pagenum=2|newspaper=Power Magazine|archive-date=September 24, 2015|archive-url=https://web.archive.org/web/20150924080735/http://www.powermag.com/nuscale-puts-single-minded-focus-on-small-modular-reactor/?pagenum=2|url-status=live}} Much of the research was performed at OSU's Multi-Application Small Light Water Reactor (MASLWR) test facility on the OSU campus, with full-scale prototype testing performed in Idaho at the INL.{{cite web |last1=Mascari |first1=Fulvio |title=International Agreement Report – Analysis of the OSU-MASLWR 001 and 002 Tests by Using the TRACE Code (NUREG/IA-0466) |url=https://www.nrc.gov/reading-rm/doc-collections/nuregs/agreement/ia0466/index.html |website=nrc.gov |publisher=Nuclear Regulatory Commission |access-date=31 May 2025}} DOE funded the research from 2000 to 2003.
OSU's one-third-scale reactor test facility, known as MASLWR, was built on campus in 2007. The same year, NuScale Power was founded, and OSU researchers began working with the new company. The research team was rewarded for their previous work by exchanging patents with the university for an equity stake in the new company.{{cite news|title=Small-Scale Nuclear Co. Hunts For Funds|newspaper=Power Finance & Risk|date=April 6, 2009|url=http://business.highbeam.com/435572/article-1G1-199099402/smallscale-nuclear-co-hunts-funds|archive-url=https://web.archive.org/web/20160310003029/https://business.highbeam.com/435572/article-1G1-199099402/smallscale-nuclear-co-hunts-funds|url-status=dead|archive-date=March 10, 2016|access-date=April 11, 2015}} NuScale's first round in funding came in January 2008. The next month it began seeking certification with the NRC.
By 2011, NuScale had raised $35 million and had 100 employees in Tigard; Richland, Washington; and Corvallis, Oregon.{{cite news|title=Corvallis-Based NuScale Suspends Operations after SEC Acts Against its Chief Investor|first=Mike|last=Rogoway|newspaper=The Oregonian|date=January 20, 2011|url=http://www.oregonlive.com/business/index.ssf/2011/01/corvallis-based_nuscale_suspen.html|access-date=January 15, 2015|archive-date=March 4, 2016|archive-url=https://web.archive.org/web/20160304070832/http://www.oregonlive.com/business/index.ssf/2011/01/corvallis-based_nuscale_suspen.html|url-status=live}} NuScale was the first to submit small reactor plans to the NRC and the first to gain approval.{{Cite web|date=2020-08-28|title=NRC Issues Final Safety Evaluation Report for NuScale Small Modular Reactor|url=https://www.nrc.gov/reading-rm/doc-collections/news/2020/20-043.pdf|url-status=live|archive-url=https://web.archive.org/web/20200915214141/https://www.nrc.gov/reading-rm/doc-collections/news/2020/20-043.pdf|archive-date=2020-09-15|access-date=2020-09-15|website=United States Nuclear Regulatory Commission}}{{Cite news|last=Levitan|first=Dave|date=2020-09-09|title=First U.S. Small Nuclear Reactor Design Is Approved|work=Scientific American|url=https://www.scientificamerican.com/article/first-u-s-small-nuclear-reactor-design-is-approved|url-status=live|access-date=2020-09-15|archive-url=https://web.archive.org/web/20200915214456/https://www.scientificamerican.com/article/first-u-s-small-nuclear-reactor-design-is-approved/|archive-date=2020-09-15}} It was evaluated by a consortium of utility companies called Energy Northwest.{{cite news|title=Energy Northwest Considers Adding Capacity with Modular Nukes|first=Wayne|last=Barbe|newspaper=Generation Markets Week |date=June 9, 2009}}
=Funding difficulties and rebound=
In January 2011, NuScale's largest investor, Kenwood Group, was investigated by the U.S. Securities and Exchange Commission (SEC) and later pleaded guilty to operating a Ponzi scheme. The SEC investigation was not related to Kenwood's dealings with NuScale, but Kenwood's assets were frozen just as NuScale was expecting additional funding. The company started making staffing and pay cuts as executives looked for new funding sources{{cite news|title=NuScale Cuts Back As Feds Sue Funder|newspaper=The Energy Daily|date=February 7, 2011|url=http://connection.ebscohost.com/c/articles/59407581/nuscale-cuts-back-as-feds-sue-funder|archive-url=https://web.archive.org/web/20160304023616/http://connection.ebscohost.com/c/articles/59407581/nuscale-cuts-back-as-feds-sue-funder|url-status=dead|archive-date=March 4, 2016|access-date=April 11, 2015}}{{cite news|title=NuScale Furloughs 30, Cuts Pay and Hours for the Others, While it Seeks New Investment|first=Mike|last=Rogoway|date=January 31, 2011|newspaper=The Oregonian|url=http://www.oregonlive.com/business/index.ssf/2011/01/nuscale_furloughs_30_cuts_pay.html|access-date=April 11, 2015|archive-date=March 4, 2016|archive-url=https://web.archive.org/web/20160304115224/http://www.oregonlive.com/business/index.ssf/2011/01/nuscale_furloughs_30_cuts_pay.html|url-status=live}} and most of the company's employees were laid off.{{cite news|title=Holtec, Westinghouse Roll Out Small Modular Reactor Designs|date=July 1, 2011|first=Sonal|last=Patel|url=http://www.powermag.com/holtec-westinghouse-roll-out-small-modular-reactor-designs/|newspaper=Power Magazine|access-date=January 18, 2015|archive-date=July 18, 2014|archive-url=https://web.archive.org/web/20140718081530/http://www.powermag.com/holtec-westinghouse-roll-out-small-modular-reactor-designs/|url-status=live}}
That September, NuScale obtained a loan to re-hire 60 employees.{{cite news|last=Hall|first=Bennett|date=August 21, 2011|title=Power Struggle|newspaper=Corvallis Gazette-Times|url=http://www.gazettetimes.com/news/local/power-struggle/article_933034dd-b0e8-5c17-bfda-ff1296c95e05.html|access-date=January 15, 2015|archive-date=May 14, 2019|archive-url=https://web.archive.org/web/20190514111848/https://www.gazettetimes.com/news/local/power-struggle/article_933034dd-b0e8-5c17-bfda-ff1296c95e05.html|url-status=live}} In October, Fluor Corporation acquired a majority interest in the company for $3.5 million and promised almost $30 million in working capital.{{cite news|title=Fluor Buys Stake in Reactor Maker|first=Rebecca|last=Smith|date=October 13, 2011|newspaper=The Wall Street Journal|url=https://www.wsj.com/articles/SB10001424052970204774604576627360588957324|access-date=January 15, 2015|archive-date=March 4, 2016|archive-url=https://web.archive.org/web/20160304220355/http://www.wsj.com/articles/SB10001424052970204774604576627360588957324|url-status=live}} According to The Energy Daily, Fluor's investment saved the company, which had been "financially marooned" by its prior investor.{{cite news|title=Fluor Moves Into Small Reactors With NuScale Buy|first=George|last=Lobsenz|newspaper=The Energy Daily|date=October 14, 2011|url=http://connection.ebscohost.com/c/articles/67547118/fluor-moves-small-reactors-nuscale-buy|archive-url=https://web.archive.org/web/20160303234703/http://connection.ebscohost.com/c/articles/67547118/fluor-moves-small-reactors-nuscale-buy|url-status=dead|archive-date=March 3, 2016}} A separate agreement gave Fluor the rights to construct NuScale-based power plants.{{cite news|title=Fluor Gets Nuclear Firm Stranded By Illarramendi's Ponzi Scheme|date=October 13, 2011|publisher=Reuters|url=https://www.reuters.com/article/fluor-nuscale-idUSN1E79C13U20111013|access-date=April 11, 2015|archive-date=February 23, 2012|archive-url=https://web.archive.org/web/20120223080410/http://www.reuters.com/article/2011/10/13/fluor-nuscale-idUSN1E79C13U20111013|url-status=live}}
In August 2012, Rolls-Royce Holdings said it would support NuScale's commercialization efforts and help it obtain funding from DOE's funding opportunity announcement. In December 2012, co-founder Paul G. Lorenzini was replaced by John Hopkins as CEO.{{cite news|title=NuScale Power Replaces CEO|first=Mike|last=Rogoway|date=December 13, 2012|url=http://www.oregonlive.com/business/index.ssf/2012/12/nuscale_power_replaces_ceo.html|access-date=January 29, 2015|newspaper=The Oregonian|archive-date=March 4, 2016|archive-url=https://web.archive.org/web/20160304071010/http://www.oregonlive.com/business/index.ssf/2012/12/nuscale_power_replaces_ceo.html|url-status=live}} It was not funded in the first DOE's round.{{cite news|title=NuScale Power Begins Fresh Effort to Secure Federal Funds for its Nuclear Technology|first=Mike|last=Rogoway|date=March 27, 2013|access-date=January 29, 2015|newspaper=The Oregonian|url=http://www.oregonlive.com/business/index.ssf/2013/03/nuscale_power_begins_fresh_eff.html|archive-date=September 3, 2014|archive-url=https://web.archive.org/web/20140903192826/http://www.oregonlive.com/business/index.ssf/2013/03/nuscale_power_begins_fresh_eff.html|url-status=live}} In the second round in December 2013, NuScale won up to $226 million in "cost-sharing" funding to share the expense of obtaining government approval, through the SMR Licensing Technical Support program.{{cite news|title=NuScale joins B&W on the SMR bench|newspaper=Modern Power Systems|date=April 2014|url=http://www.modernpowersystems.com/features/featurenuscale-joins-bw-on-the-smr-bench-4264827/|access-date=January 15, 2015|archive-date=June 2, 2014|archive-url=https://web.archive.org/web/20140602012154/http://www.modernpowersystems.com/features/featurenuscale-joins-bw-on-the-smr-bench-4264827/|url-status=live}} This was followed by an agreement in May 2014 for up to $217 million in funding over a five-year period, whereby DOE would match private funding.{{cite news|title=NuScale, DOE Complete Agreement for $217M SMR Development Funds|date=May 29, 2014|first=Sonal|last=Patel|newspaper=Power Magazine|access-date=January 15, 2015|url=http://www.powermag.com/nuscale-doe-complete-agreement-for-271m-smr-development-funds/|archive-date=July 16, 2014|archive-url=https://web.archive.org/web/20140716044655/http://www.powermag.com/nuscale-doe-complete-agreement-for-271m-smr-development-funds/|url-status=live}}{{cite news |url=https://www.reuters.com/article/fluor-nuscale-funding-idUSL1N0JR2HF20131213 |title=Fluor's NuScale lands U.S. govt funding for new small reactors |last=Reddall |first=Braden |publisher=Reuters |url-access=limited |date=13 December 2013 |access-date=11 November 2023}}
In September 2020, the U.S. Department of Energy reported that it had provided more than $400 million since 2014 to support the NuScale development and that of other earlier stage domestic SMR designs.
= 2022 launch as a public company =
In December 2021, the Fluor Corporation reported that it had invested over $600 million in NuScale since 2011, and that NuScale was expected to go public in 2022 with Fluor owning about 60% of the stock.{{cite news |url=https://www.govconwire.com/2021/12/fluor-backed-nuscale-power-to-go-public-through-spring-valley-merger/ |title=Fluor-Backed NuScale Power to Go Public Through Spring Valley Merger; Alan Boeckmann Quoted |last=Edwards |first=Jane |website=GovConWire |date=15 December 2021 |access-date=11 November 2023}} In May 2022, NuScale completed a merger with the special-purpose acquisition company (SPAC), Spring Valley Acquisition Corp, raising $380 million of investment. NuScale Power Corporation then listed on the New York Stock Exchange.{{cite journal |date=3 May 2022 |title=Nuclear-Tech Firm NuScale Gains After Completing SPAC Merger |url=https://www.bloomberg.com/news/articles/2022-05-03/nuclear-company-nuscale-gains-day-after-completing-spac-merger |journal=Bloomberg |access-date=6 May 2022}}
= Carbon Free Power Project, Idaho =
In November 2014, NuScale announced it would build what it expected to be the first US SMR at the Idaho National Laboratory.{{cite web |url=https://inl.gov/nuclear-energy/frequently-asked-questions/ |title=What is the Carbon Free Power Project? |website=Idaho National Laboratory |date=2 June 2020 |access-date=27 November 2023}} The plant was for Utah Associated Municipal Power Systems (UAMPS), a subdivision of the Government of Utah, on the Carbon Free Power Project (CFPP).{{cite web |url=https://www.cfppllc.com/ |title=CFPP LLC |website=Carbon Free Power Project |access-date=9 November 2023}} UAMPS operates power plants in Wyoming, New Mexico, California, and Utah, selling to local utilities. The DOE could provide supporting funds of about $140 million/year over 10 years, awaiting more Congressional support.{{Cite web |date=July 21, 2021 |title=UAMPS downsizes NuScale SMR plans|url=https://www.ans.org/news/article-3087/uamps-downsizes-nuscale-smr-plans/|access-date=December 4, 2022 |website=Nuclear Newswire |language=en-us}}
The company submitted designs to the NRC in January 2017 for a 12 reactor power plant producing 570 MWe at a build cost under $3 billion.{{cite web |url=https://www.npr.org/sections/thetwo-way/2017/01/13/509673094/miniaturized-nuclear-power-plant-u-s-reviewing-proposed-design |title=Miniaturized Nuclear Power Plant? U.S. Reviewing Proposed Design |date=13 January 2017 |author=Geoff Brumfiel |website=NPR |access-date=April 5, 2018 |archive-date=July 26, 2018 |archive-url=https://web.archive.org/web/20180726201746/https://www.npr.org/sections/thetwo-way/2017/01/13/509673094/miniaturized-nuclear-power-plant-u-s-reviewing-proposed-design |url-status=live }}{{cite web |url=https://www.energy.gov/ne/articles/nrc-approves-first-us-small-modular-reactor-design |title=NRC Approves First U.S. Small Modular Reactor Design |publisher=U.S. Department of Energy |date=2 September 2020 |access-date=14 November 2023}} In 2020, DOE approved a $1.355 billion cost-share award.{{cite news |url=https://www.world-nuclear-news.org/Articles/US-government-backs-NuScale-projects-at-home-and-a |title=US government backs NuScale projects at home and abroad |publisher=World Nuclear News |date=19 October 2020 |access-date=10 January 2023}}
As of 2021, 8 cities had withdrawn from CFPP.{{Cite web |last=Patel |first=Sonal |date=2020-10-29 |title=Shakeup for 720-MW Nuclear SMR Project as More Cities Withdraw Participation |url=https://www.powermag.com/shakeup-for-720-mw-nuclear-smr-project-as-more-cities-withdraw-participation/ |access-date=2022-08-10 |website=POWER Magazine |language=en-US}} In July 2021, the proposal was downsized to 6 reactors, and the expected electricity price increased to $58/MWh (¢5.8/kWh).{{cite news |url=https://www.ans.org/news/article-3087/uamps-downsizes-nuscale-smr-plans/ |title=UAMPS downsizes NuScale SMR plans |publisher=American Nuclear Society |work=NuclearNewswire |date=21 July 2021 |access-date=10 January 2023}}
In April 2022, Doosan Enerbility was contracted to begin manufacturing power module components for CFPP. Doosan Enerbility expected to reach full-scale production at their plant in Changwon, South Korea, in the second half of 2023.{{Cite web |title=Full-scale production of NuScale SMR to begin : New Nuclear – World Nuclear News |url=https://www.world-nuclear-news.org/Articles/Full-scale-production-of-NuScale-SMR-to-begin |access-date=2022-05-11 |website=www.world-nuclear-news.org}}{{Cite web |last=Patel |first=Sonal |date=2022-04-26 |title=Doosan Kicks Off NuScale SMR Production for Idaho Nuclear Project |url=https://www.powermag.com/doosan-kicks-off-nuscale-smr-production-for-idaho-nuclear-project/ |access-date=2022-05-11 |website=POWER Magazine |language=en-US}}
In January 2023, CFPP approved a new Budget and Plan of Finance, establishing a target price of $89/MWh (¢8.9/kWh) after an estimated $30/MWh generation subsidy from the 2022 Inflation Reduction Act (IRA).{{cite news |date=9 January 2023 |title=Further cost refinements announced for first US SMR plant |publisher=World Nuclear News |url=https://www.world-nuclear-news.org/Articles/Further-cost-refinements-announced-for-first-US-SM |access-date=10 January 2023}}{{cite web |url=https://ieefa.org/resources/eye-popping-new-cost-estimates-released-nuscale-small-modular-reactor |title=Eye-popping new cost estimates released for NuScale small modular reactor |last=Schlissel |first=David |website=Institute for Energy Economics & Financial Analysis |author-link=David A. Schlissel |date=11 January 2023 |access-date=27 January 2023}} The projected build cost had increased to $9.3 billion for 462 MWe generation capacity from $3.6 billion for 720 MWe in 2020.{{cite news |url=https://www.theguardian.com/australia-news/2023/nov/09/small-modular-nuclear-reactor-that-was-hailed-by-coalition-as-future-cancelled-due-to-rising-costs |title=Small modular nuclear reactor that was hailed by Coalition as future cancelled due to rising costs |last=Morton |first=Adam |newspaper=The Guardian |date=9 November 2023 |access-date=9 November 2023}} $4.2 billion of the cost would be covered by the DOE and IRA support, leaving $5.1 billion of acquisition and construction costs to be covered by UAMPS members.{{cite web |url=https://cdnsm5-hosted.civiclive.com/UserFiles/Servers/Server_6435726/File/Government/Departments/Public%20Utilities/CFPP/Talking%20Points%20_%20Class%203%20_%2020230102%20_%20Final.pdf |title=Meeting Talking Points |last=Webb |first=LaVarr |website=Carbon Free Power Project |date=2 January 2023 |access-date=9 November 2023}}
In November 2023, UAMPS announced it was unlikely that the project would have enough subscription to continue due to cost increases, and UAMPS and NuScale jointly decided to cancel the project.{{cite news |url=https://www.world-nuclear-news.org/Articles/Idaho-SMR-project-terminated |title=Idaho SMR project terminated |website=World Nuclear News |date=9 November 2023 |access-date=9 November 2023}} POWER magazine reported that the project had received $232 million of DOE financial support by the time it was cancelled.{{cite news |url=https://www.powermag.com/uamps-and-nuscale-power-terminate-smr-nuclear-project/ |title=UAMPS and NuScale Power Terminate SMR Nuclear Project |last=Larson |first=Aaron |work=POWER magazine |date=8 November 2023 |access-date=14 November 2023}}
Following the cancellation, NuScale laid off 154 of its staff (28%) as part of "taking steps to transition from R&D to commercialization".{{cite news |url=https://www.neimagazine.com/news/nuscale-lays-off-almost-half-its-workforce-11422870/?cf-view |title=NuScale lays off almost a third of its workforce |publisher=Nuclear Engineering International |date=9 January 2024 |access-date=15 August 2024}}
= Other deployment history =
In March 2012, NuScale signed an agreement with DOE that allowed NuScale and two partners to build and operate a NuScale-based nuclear power plant at a Savannah River site in South Carolina.{{cite news|title=Small Modular Reactors Vie for DOE Funding|date=July 1, 2012|first=Sonal|last=Patel|url=http://www.powermag.com/small-modular-reactors-vie-for-doe-funding/|access-date=January 17, 2015|archive-date=July 18, 2014|archive-url=https://web.archive.org/web/20140718083459/http://www.powermag.com/small-modular-reactors-vie-for-doe-funding/|url-status=live}} The following month, Energy Northwest said it had no immediate plans to construct a nuclear power plant, but had evaluated all the available SMR technologies and identified NuScale as the best available option.{{cite news|title=Washington Governor Nudging DOE For Small Nuke At Hanford|first=Jeff|last=Beattie|newspaper=The Energy Daily|date=June 18, 2012|url=http://www.theenergydaily.com/nuclear/Washington-Governor-Nudging-DOE-For-Small-Nuke-At-Hanford_8070.html|access-date=April 11, 2015|archive-date=February 1, 2021|archive-url=https://web.archive.org/web/20210201021624/https://www.theenergydaily.com/Login?returnUrl=%2Fted%2Fdocument%2F8070|url-status=live}}{{cite news|title=FirstEnergy Eyeing Possible B&W Small Reactor Project|first=Jeff|last=Beattie|newspaper=The Energy Daily|date=July 26, 2012|url=http://www.theenergydaily.com/publications/ed/2012-07-26/|access-date=April 11, 2015|archive-date=March 4, 2016|archive-url=https://web.archive.org/web/20160304135525/http://www.theenergydaily.com/publications/ed/2012-07-26/|url-status=live}}
In July 2013, NuScale announced an effort to demonstrate NuScale reactors in the western United States, called Program WIN (Western Initiative for Nuclear), with plans to build the first NuScale-based power plant there by 2024.
In January 2018, the NRC agreed that the passive safety features allow NuScale's SMR design to operate safely without back-up power.{{Cite web | url=http://www.world-nuclear-news.org/RS-NRC-agrees-NuScale-SMR-needs-no-back-up-power-1001184.html | title=NRC agrees NuScale SMR needs no back-up power | publisher=World Nuclear News | access-date=January 26, 2018 | archive-date=January 26, 2018 | archive-url=https://web.archive.org/web/20180126185512/http://www.world-nuclear-news.org/RS-NRC-agrees-NuScale-SMR-needs-no-back-up-power-1001184.html | url-status=live }}
In August 2020, the NRC issued a final safety evaluation report, certifying the design as having met safety requirements.{{cite web |last=Johnson |first=Scott K. |url=https://arstechnica.com/science/2020/09/first-modular-nuclear-reactor-design-certified-in-the-us/ |title=NuScale's small nuclear reactor is first to get US safety approval |work=Ars Technica |date=September 1, 2020 |access-date=September 2, 2020 |archive-date=September 1, 2020 |archive-url=https://web.archive.org/web/20200901233752/https://arstechnica.com/science/2020/09/first-modular-nuclear-reactor-design-certified-in-the-us/ |url-status=live }}{{cite web |url=https://www.nrc.gov/reading-rm/doc-collections/news/2020/20-043.pdf |title=NRC Issues Final Safety Evaluation Report for NuScale Small Modular Reactor |work=NRC |date=August 28, 2020 |access-date=September 2, 2020 |archive-date=September 15, 2020 |archive-url=https://web.archive.org/web/20200915214141/https://www.nrc.gov/reading-rm/doc-collections/news/2020/20-043.pdf |url-status=live }}{{cite web|url=https://www.powermag.com/nuscale-boosts-smr-module-capacity-uamps-mulls-downsizing-nuclear-project/ |title=NuScale Boosts SMR Module Capacity; UAMPS Mulls Downsizing Nuclear Project |date=November 11, 2020 |author=Patel, Sona |website=Power Magazine}}
In November 2021, NuScale announced its intent to build with Nuclearelectrica its first reactors in Romania by 2028.{{Cite web |url=https://world-nuclear-news.org/Articles/NuScale-SMR-planned-for-Romania |title=NuScale SMR planned for Romania : New Nuclear – World Nuclear News |access-date=November 6, 2021 |archive-date=November 6, 2021 |archive-url=https://web.archive.org/web/20211106190149/https://www.world-nuclear-news.org/Articles/NuScale-SMR-planned-for-Romania |url-status=live }}
In February 2022, NuScale and mining conglomerate KGHM announced a contract to construct an SMR in Poland by 2029.{{Cite web |last=Patel |first=Sonal |date=2022-02-15 |title=Poland Secures NuScale SMR as Urgency for Nuclear Energy Ramps Up Across Central, Eastern Europe |url=https://www.powermag.com/poland-secures-nuscale-smr-as-urgency-for-nuclear-energy-ramps-up-across-central-eastern-europe/ |access-date=2022-05-11 |website=POWER Magazine |language=en-US}} In April 2023, an application for a decision-in-principle to permit the project was submitted to the Polish government.{{cite news |url=https://www.world-nuclear-news.org/Articles/KGHM-seeks-approval-for-SMR-project |title=KGHM seeks approval for SMR project |website=World Nuclear News |date=18 April 2023 |access-date=14 August 2024}}
On 28 December 2022, Romanian company RoPower Nuclear contracted for Front-End Engineering and Design. The location is expected to be Doicesti. RoPower is a joint venture between Nuclearelectrica and Nove Power & Gas.{{Cite web|url=https://adevarul.ro/economie/nuscale-power-si-ropower-nuclear-au-semnat-un-2232244.html|title=NuScale Power şi RoPower Nuclear au semnat un contract pentru amplasarea primei centrale SMR în România|date=January 4, 2023 |language=ro}}
In January 2023, the NRC certified NuScale's 50 MWe, known as the VOYGR-4, design for use in the US.{{Cite web |last=McDermott |first=Jennifer |date=2023-01-20 |title=1st small modular nuclear reactor certified for use in US |url=https://apnews.com/article/us-nuclear-regulatory-commission-oregon-climate-and-environment-business-design-e5c54435f973ca32759afe5904bf96ac |access-date=2023-01-21 |website=AP NEWS |language=en}} However this was for an earlier version of the design to the current 77 MWe design expected to be deployed; this version was resubmitted to the NRC in January 2023 for standard design approval of a six reactor configuration called the VOYGR-6 (US460).{{cite news |url=https://www.technologyreview.com/2023/02/08/1067992/smaller-nuclear-reactors/ |title=We were promised smaller nuclear reactors. Where are they? |last=Crownhart |first=Casey |website=MIT Technology Review |date=8 February 2023 |access-date=29 March 2023}} In its acceptance review of the application, the NRC identified a number of sufficiency issues in the application, and requested supplemental information be supplied before NRC staff could accept the application for docketing and detailed technical review.{{cite web |url=https://www.nrc.gov/docs/ML2305/ML23058A160.pdf |title=Acceptance Review of the Nuscale US460 Standard Design Approval Application (Docket Nos. 05200050 and 99902078) |last=Tesfaye |first=Getachew |publisher=Nuclear Regulatory Commission |date=17 March 2023 |access-date=20 August 2024}} The supplemental information was supplied in July 2023, and the NRC estimated the evaluation would be complete in July 2025.{{cite web |url=https://www.nrc.gov/docs/ml2319/ml23198A163.pdf |title=Acceptance Review of the Nuscale US460 Standard Design Approval Application (Docket Nos. 05200050 and 99902078 ) |last=Tesfaye |first=Getachew |publisher=Nuclear Regulatory Commission |date=31 July 2023 |access-date=20 August 2024}} In May of 2025, NuScale successfully obtained NRC-US licensing for VOYGR-6.{{cite web |title=NRC Approves NuScale Power’s Uprated Small Modular Reactor Design |url=https://www.energy.gov/ne/articles/nrc-approves-nuscale-powers-uprated-small-modular-reactor-design |website=energy.gov |publisher=DOE |access-date=7 June 2025}}
On 25 July 2024, RoPower Nuclear and Fluor Corporation signed the second stage Front-End Engineering and Design (FEED 2) contract, for the planned SMR project in Romania which will provide updated cost estimate and other analysis for a final investment decision.{{Cite web |title=RoPower and Fluor sign FEED 2 contract for SMR project : New Nuclear – World Nuclear News |url=https://www.world-nuclear-news.org/Articles/RoPower-and-Fluor-Corporation-sign-FEED-2-contract |access-date=2024-08-14 |website=www.world-nuclear-news.org}} The Export–Import Bank of the United States approved a $98 million loan to RoPower Nuclear to support this design study, which would support 400 US jobs.{{cite news |url=https://www.world-nuclear-news.org/articles/us-exim-bank-approves-loan-for-romanian-smr-project |title=US Exim Bank approves loan for Romanian SMR project |website=World Nuclear News |date=2 October 2024 |access-date=9 October 2024}}
On 29 August 2024, Nuclear Power Ghana and Regnum Technology Group signed an agreement to build a 12-module nuclear power plant in Ghana during the US-Africa Nuclear Energy Summit in Nairobi, Kenya.{{Cite web |last=Belgium |first=Central Office, NucNet a s b l , Brussels |date=2024-08-05 |title=Ghana / African Nation Signs Agreement For NuScale 12-Module Nuclear Power Plant |url=https://www.nucnet.org/news/african-nation-signs-agreement-for-nuscale-12-module-nuclear-power-plant-8-5-2024 |access-date=2025-03-31 |website=The Independent Global Nuclear News Agency}} In January 2025, an SMR simulator training centre was opened in Ghana, to train and educate the next generation in operating future civil nuclear reactors.{{Cite web |last= |first= |date=2025-01-27 |title=Ghana launches NuScale SMR simulator training centre |url=https://www.neimagazine.com/news/ghana-launches-first-nuscale-smr-simulator-training-centre/ |access-date=2025-03-31 |website=Nuclear Engineering International |language=en-US}}
In 2023, NuScale submitted a new design for NRC approval to license its VOYGR-12. As of 2025, the 12-module, 924 MWe reactor design remains under NRC review.{{cite web |title=NuScale SMR plants become VOYGR |url=https://www.world-nuclear-news.org/Articles/NuScale-SMR-plants-become-VOYGR |website=world-nuclear-news.org |publisher=World Nuclear Association |access-date=7 June 2025}}
Reactors
File:Diagram of a NuScale reactor.png
NuScale reactors would take 1% of the space of a conventional reactor and generate 77 MWe.{{Cite web|url=https://www.science.org/content/article/smaller-safer-cheaper-one-company-aims-reinvent-nuclear-reactor-and-save-warming-planet|title=Smaller, safer, cheaper: One company aims to reinvent the nuclear reactor and save a warming planet|last1=Cho|first1=Adrian|date=2019-02-21|website=Science {{!}} AAAS|language=en|access-date=2020-01-31|archive-date=January 31, 2020|archive-url=https://web.archive.org/web/20200131154511/https://www.sciencemag.org/news/2019/02/smaller-safer-cheaper-one-company-aims-reinvent-nuclear-reactor-and-save-warming-planet|url-status=live}} The design uses light water for cooling and power generation as in conventional nuclear plants. Water is heated by the nuclear core at the base of the reactor vessel. Heated water flows up the riser, then down over steam generators. As heat is transferred, the water cools and becomes denser, sinking to the bottom of the device, and the cycle is repeated. The heat creates steam that drives a small dedicated turbine generator producing electricity.
The first version of the reactor vessel was expected to be {{convert|9|ft|m}} in diameter and {{convert|65|ft|m}} tall, weighing {{convert|650|ST|MT|abbr=off}}. The module, known as a NuScale Power Module, are pre-fabricated, delivered by rail, barge or truck{{cite news|title=Department Of Energy Awards Grant to NuScale to Design Small Modular Nuclear Power Plants|publisher=Associated Press|first=Jeff|last=Barnard|date=December 13, 2013|url=http://www.huffingtonpost.com/2013/12/13/department-of-energy-nuscale-grant_n_4438796.html|access-date=March 2, 2015|archive-date=March 9, 2016|archive-url=https://web.archive.org/web/20160309063803/http://www.huffingtonpost.com/2013/12/13/department-of-energy-nuscale-grant_n_4438796.html|url-status=live}} and assembled on-site.{{cite news|last=Hise|first=Phaedra|date=December 18, 2009|title=Mini Reactors Show Promise for Clean Nuclear Power's Future|newspaper=Popular Mechanics|url=https://www.popularmechanics.com/science/energy/a3415/4273386/|access-date=January 15, 2015|archive-date=April 27, 2016|archive-url=https://web.archive.org/web/20160427041151/http://www.popularmechanics.com/science/energy/a3415/4273386/|url-status=live}}{{cite news|title=The Race to Commercialize Mini-Nuclear Reactors|date=January 1, 2009|newspaper=Power Magazine|url=http://www.powermag.com/the-race-to-commercialize-mininuclear-reactors/|access-date=January 14, 2015|archive-date=July 18, 2014|archive-url=https://web.archive.org/web/20140718102721/http://www.powermag.com/the-race-to-commercialize-mininuclear-reactors/|url-status=live}}{{cite news|title=Northwest Utilities Turn to Nuclear, 25 years After Industry Collapsed|first=Les|last=Blumenthal|newspaper=Tribune News Service|date=June 14, 2009|url=http://www.mcclatchydc.com/2009/06/14/69983/northwest-utilities-turn-to-nuclear.html|access-date=April 11, 2015|archive-date=May 8, 2013|archive-url=https://web.archive.org/web/20130508210020/http://www.mcclatchydc.com/2009/06/14/69983/northwest-utilities-turn-to-nuclear.html|url-status=live}} As of 2021, the units are expected to produce 77 MWe (gross), or about 73.5 MWe (net),{{cite web |url=https://mc-67443a0a-0a3b-4888-8568-874354-cdn-endpoint.azureedge.net/-/media/Nuscale/Files/Technology/Technical-Publications/nuscale-smr-technology-an-ideal-solution.ashx?rev=d48edd73fb5f464f8bdb593a76a4aa38&hash=23600A270CB394AC79C1F7B662648859 |title=NuScale SMR Technology: An Ideal Solution for Repurposing U.S. Coal Plant Infrastructure and Revitalizing Communities NuScale |publisher=NuScale |year=2021 |access-date=30 June 2022}}{{cite news|title=A Look At The Future Of Nuclear Power|first=Nick|last=Cunningham|date=March 24, 2015|url=http://oilprice.com/Alternative-Energy/Nuclear-Power/A-Look-At-The-Future-Of-Nuclear-Power.html|publisher=OilPrice|access-date=April 9, 2015|archive-date=March 28, 2015|archive-url=https://web.archive.org/web/20150328211343/http://oilprice.com/Alternative-Energy/Nuclear-Power/A-Look-At-The-Future-Of-Nuclear-Power.html|url-status=live}}{{cite news|title=NuScale Boosts SMR Capacity, Making it Cost Competitive with Other Technologies|date=6 June 2018|newspaper=Power Magazine|url=http://www.powermag.com/nuscale-boosts-smr-capacity-making-it-cost-competitive-with-other-technologies/|access-date=6 June 2018|quote=Optimization... will increase NuScale Power’s small modular reactor (SMR) capacity by 20%... [This] would boost the power capacity of a 12-module SMR plant currently planned by Utah Associated Municipal Power Systems (UAMPS) from 600 MWe to 720 MWe."|archive-date=June 10, 2018|archive-url=https://web.archive.org/web/20180610023455/http://www.powermag.com/nuscale-boosts-smr-capacity-making-it-cost-competitive-with-other-technologies/|url-status=live}}{{efn|Previously 45, 50, then 60 MWe}} and require refueling with standard 4.95 percent low-enriched uranium-235 fuel every two years.
NuScale's design does not rely on powered water pumps or circulatory equipment.{{cite news|title=Mix-and-Match Nuclear Reactors|first=Marty|last=Durlin|newspaper=High Country News|date=March 30, 2009|url=https://www.hcn.org/issues/41.5/innovate-part-iii|access-date=April 11, 2015|archive-date=September 12, 2015|archive-url=https://web.archive.org/web/20150912202931/http://www.hcn.org/issues/41.5/innovate-part-iii|url-status=live}} The original 50 MWe reactor was designed to shut down and cool itself indefinitely during most accidents.{{efn|Most sources say indefinitely, but NBC News reported 30 days.{{cite news|url=http://www.nbcnews.com/video/nbcnews.com/44793381|date=October 10, 2011|title=Will Next-Gen Nuclear Power be Safe Enough?|access-date=January 15, 2015|publisher=NBC News|archive-date=March 4, 2016|archive-url=https://web.archive.org/web/20160304093026/http://www.nbcnews.com/video/nbcnews.com/44793381|url-status=live}}}} The devices are intended to be installed in a below-ground pool to absorb earthquake shocks, with a concrete lid over the pool.{{cite news|title=Nuclear Power in the Shadow of Fukushima|date=July 1, 2011|first=Kennedy|last=Maize|url=http://www.powermag.com/nuclear-power-in-the-shadow-of-fukushima/|newspaper=Power Magazine|access-date=April 27, 2015|archive-date=July 18, 2014|archive-url=https://web.archive.org/web/20140718090930/http://www.powermag.com/nuclear-power-in-the-shadow-of-fukushima/|url-status=live}} In the event that power is lost for normal cooling systems, the water in the pool absorbs heat and boils. The pool stores enough water to safely cool the 77 MWe reactor design core for at least 72 hours without needing manual replenishment.{{cite web |date=May 29, 2025 |title=NRC Approves Standard Design for NuScale US460 Small Modular Reactor |url=https://www.nrc.gov/cdn/doc-collection-news/2025/25-033.pdf |access-date=29 May 2025 |website=NuScale Power |pages=1 |via=NRC}}
In normal operating conditions the containment vessel pressure is at a near vacuum, which eliminates convection giving simpler heat transfer conditions. This also reduces component corrosion and improves instrumentation reliability.
The reactors are installed in the reactor pool in individual bays separated by concrete walls. For refueling the entire reactor is moved underwater through a transfer channel to a connected pool which has the refueling equipment. There is also an extra reactor bay for maintenance or possible storage of a spare module. At a 12-reactor plant the bays are arranged in two rows of six reactors with the transfer channel centrally between the rows.
=Comparisons=
File:NuScale-Upper-One-Third-Mockup.jpg of the upper one-third of the NuScale Power Module]]
NuScale is expected to be the first US SMR to market, because it is similar to the systems used in conventional power plants.{{cite news|title=The Big Potential of Micro Nukes|publisher=Discover|url=https://www.discovermagazine.com/environment/the-big-potential-of-micro-nukes|access-date=January 18, 2015|date=June 2010|first=David|last=Freedman|archive-date=December 16, 2019|archive-url=https://web.archive.org/web/20191216130215/https://www.discovermagazine.com/environment/the-big-potential-of-micro-nukes|url-status=live}} The company estimates a twelve-unit NuScale plant would cost $4,200 (an earlier estimate was $5,000) per kilowatt. In comparison, the Energy Information Administration in 2013 estimated overnight costs to be $4,700 per kilowatt for conventional nuclear power, $4,600 for a carbon sequestration coal plant and $931 at a gas-fired plant or in excess of $1,800 for a gas-fired plant with carbon sequestration (all 2011 dollars). David Mohre, executive director of NRECA's Energy and Power Division, said SMRs like NuScale's are ideal for rural towns that need small power plants.
NuScale power plants are expected to take less time, materials and space to construct than other power sources and can be expanded incrementally to meet growing power needs.{{cite news|title=NuScale Sees Large Upside in Small Nuclear Units|date=July 13, 2010|first=Wayne|last=Barbe|publisher=SNL Generation Markets Week}}{{cite news|title=New Scale for Nuclear Power|first=Hannah|last=Fairfield|date=December 1, 2009|newspaper=The New York Times|url=https://query.nytimes.com/gst/fullpage.html?res=9405E6D7163BF932A35751C1A96F9C8B63|access-date=April 11, 2015|archive-date=June 19, 2015|archive-url=https://web.archive.org/web/20150619175353/http://query.nytimes.com/gst/fullpage.html?res=9405E6D7163BF932A35751C1A96F9C8B63|url-status=live}} With the steam generators internal to the movable steel reactor assembly, the SMR does not have a large concrete secondary containment building as used in large PWRs. There is a single control room for up to 12 reactors.{{cite news |url=https://www.eenews.net/articles/is-advanced-nuclear-in-trouble-whats-next-after-nuscale-cancellation/ |title=Is advanced nuclear in trouble? What's next after NuScale cancellation. |last1=Bright |first1=Zach |last2=Dabbs |first2=Brian |website=E&E News |publisher=POLITICO |date=10 November 2023 |access-date=28 November 2023}} One disadvantage of the design is that the reactors lie in a large pool of water, for emergency cooling, and this pool requires much more reinforced concrete per MWe produced than a conventional nuclear reactor building, adding considerably to cost.{{cite news |url=https://www.science.org/content/article/deal-build-pint-size-nuclear-reactors-canceled |title=Deal to build pint-size nuclear reactors canceled |last=Cho |first=Adrian |magazine=Science |date=10 November 2023 |access-date=11 November 2023}}
New Scientist reported peer‑reviewed analysis from Stanford University that assessed nuclear waste production from SMR reactors and concluded that "SMR performed worse on nearly all of our metrics compared to standard commercial reactors".
{{cite journal
| last1 = Vaughan | first1 = Adam
| title = Mini nuclear power stations may produce more waste than large ones
| date = 30 May 2022
| journal = New Scientist
| issue =
| pages =
| issn = 0262-4079
| access-date = 2022-05-31
| url = https://www.newscientist.com/article/2322252-mini-nuclear-power-stations-may-produce-more-waste-than-large-ones/
}} {{closed access}}
{{cite journal
| last1 = Krall | first1 = Lindsay M
| last2 = Macfarlane | first2 = Allison M
| last3 = Ewing | first3 = Rodney C
| title = Nuclear waste from small modular reactors
| date = 7 June 2022
| journal = Proceedings of the National Academy of Sciences
| volume = 119
| issue = 23
| pages = –2111833119
| doi = 10.1073/pnas.2111833119
| doi-access = free
| pmid = 35639689
| pmc = 9191363
| bibcode = 2022PNAS..11911833K
| s2cid = 249237378
| issn = 0027-8424
}} {{open access}}
The results of the study were rejected by NuScale as based on outdated information.
Potential SMR competitors include Babcock & Wilcox, GE Hitachi Nuclear Energy, Gen4 Energy, Holtec International,{{Cite web|title=A Generation Ahead By Design|url=https://holtecinternational.com/|access-date=2021-01-11|website=Holtec International|language=en-US|archive-date=January 12, 2021|archive-url=https://web.archive.org/web/20210112142329/https://holtecinternational.com/|url-status=live}} Intellectual Ventures, OPEN100,{{cite news| last=Proctor| first=Darrell| title=Tech Guru's Plan—Fight Climate Change with Nuclear Power| work=Power Magazine| date=February 25, 2020| url=https://www.powermag.com/tech-gurus-plan-fight-climate-change-with-nuclear-power/| access-date=October 18, 2021| archive-date=October 20, 2021| archive-url=https://web.archive.org/web/20211020031103/https://www.powermag.com/tech-gurus-plan-fight-climate-change-with-nuclear-power/| url-status=live}} Westinghouse Electric Company, Terrestrial Energy, and X-energy.{{cite news| last=Proctor| first=Darrell| title=U.S. Company Has Deal with Jordan for Nuclear Technology| work=Power Magazine| date=January 2, 2020| url=https://www.powermag.com/u-s-company-has-deal-with-jordan-for-nuclear-technology/| access-date=October 18, 2021| archive-date=October 20, 2021| archive-url=https://web.archive.org/web/20211020011145/https://www.powermag.com/u-s-company-has-deal-with-jordan-for-nuclear-technology/| url-status=live}}
= Safety concerns =
In March 2020, a panel of independent experts from the NRC's Advisory Committee on Reactor Safeguards (ACRS) claimed to find reactor design flaws.{{Cite web|last=Cho|date=2020-08-18|title=Smaller, cheaper reactor aims to revive nuclear industry, but design problems raise safety concerns|url=https://www.science.org/content/article/smaller-cheaper-reactor-aims-revive-nuclear-industry-design-problems-raise-safety|access-date=2021-02-25|website=Science {{!}} AAAS|language=en|archive-date=February 27, 2021|archive-url=https://web.archive.org/web/20210227095017/https://www.sciencemag.org/news/2020/08/smaller-cheaper-reactor-aims-revive-nuclear-industry-design-problems-raise-safety|url-status=live}} The main issue was that in the event of an emergency shutdown condensed steam returning to the reactor vessel would be low in boron and might not absorb enough neutrons. NuScale modified its design to ensure that more boron would spread to the returning water. ACRS was concerned that operators could accidentally add deboronated water to the core. The panel found other problems: the steam generator could be prone to damaging vibrations. However, on 29 July ACRS recommended that the safety evaluation report be issued and the reactor be certified.
Operations
NuScale has offices in Tigard, Oregon; Corvallis, Oregon; Charlotte, North Carolina; and Rockville, Maryland.{{citation|title=locations|url=http://www.nuscalepower.com/locations.aspx|publisher=NuScale|access-date=January 15, 2015|archive-date=December 28, 2014|archive-url=https://web.archive.org/web/20141228040134/http://www.nuscalepower.com/locations.aspx|url-status=live}} Its headquarters are in Tigard, while its factory is in Corvallis.{{cite news|title=NuScale set to add scores of Oregon jobs|newspaper=Portland Business Journal|url=http://www.bizjournals.com/portland/blog/2014/07/nuscale-set-to-add-scores-of-oregon-jobs.html|access-date=January 15, 2015|date=July 28, 2014|first=Andy|last=Giegerich}} It maintains a test facility at Oregon State University and Italy.
The company is publicly traded as SMR on the New York Stock Exchange.
See also
{{portal|Companies}}
- List of small modular reactor designs
- TMSR-LF1 Thorium Molten-Salt Reactor, under construction in China
- HTR-PM High-temperature gas-cooled, commissioned for operation in China
- BREST Uranium-Plutonium Lead-Cooled Reactor, under construction in Russia
- ARC-100 Sodium Cooled Uranium Reactor, under construction in Canada
Notes
{{notelist}}
References
{{reflist}}
External links
{{commons category}}
- {{Official website}}
- [http://www.powermag.com/nuscale-puts-single-minded-focus-on-small-modular-reactor/?pagenum=1 A detailed description of NuScale devices in Power Magazine]
{{Emerging nuclear power markets}}
{{DEFAULTSORT:Nuscale}}
Category:Companies established in 2007
Category:2007 establishments in Oregon
Category:Companies based in Tigard, Oregon
Category:Companies listed on the New York Stock Exchange