NuScale looks to Doosan for help with its small modular reactorDavid Wagman | April 30, 2019
Doosan Heavy Industries and Construction said it will help NuScale Power develop and deploy a small, modular nuclear reactor.
The agreement includes potential Korean financial investors who plan to make a cash equity investment in NuScale. Fluor Corp is currently the majority investor in NuScale.
Under terms of the memorandum of understanding, DHIC, a nuclear pressure vessel manufacturer, is expected to build a portion of the most critical and complex sub-assemblies for a proposed small modular reactor (SMR) for Utah Associated Municipal Power Systems. The companies aim to close the supplier agreement in July 2019.
NuScale’s technology is undergoing design certification review by the U.S. Nuclear Regulatory Commission. That review is scheduled to be completed in September 2020. The proposed Utah facility could enter service in 2026.
The design features a factory-fabricated power block capable of generating 60 megawatts of electricity using a smaller and scalable version of pressurized water reactor technology. In concept, a power plant can house up to 12 power modules.