Highlights Collaboration With Key British Nuclear Engineering Players

NuScale Power announced today collaboration with leading players in the UK nuclear engineering sector will be strengthened this week as senior executives from the firm undertake a programme of engagements across the country.

Chief Technology Officer Dr. Jose Reyes and Executive Vice President Tom Mundy will be in Sheffield, Manchester, Derby and London, with a view to building partnerships for the development, manufacture and deployment of the firm’s ground breaking small modular reactor.

The innovative Fluor-owned firm, which is supported by $217 million funding from the U.S. Department of Energy, is progressing the development of the NuScale technology, which features state-of-the-art passive safety systems, at the company's operational base in Corvallis, Oregon.

Highlights this week will include:

• An agreement will be signed between NuScale Power and the Nuclear Advanced Manufacturing Research Centre (Nuclear AMRC), part of the University of Sheffield, opening the way for potential collaboration on the development and manufacture of the NuScale technology.
• An internship programme will be announced, funded by NuScale Power, allowing students from Sheffield the opportunity to spend time working at the company’s operational facilities in Corvallis and at Oregon State University.
• Dr. Reyes, who has served as a technical expert on passive safety systems for the UN International Atomic Energy Agency, will give a series of lectures at the Universities of Manchester and Sheffield and Imperial College, briefing under- and post-graduates and faculty staff on the details of the NuScale reactor design.

Speaking ahead of the visit, Dr. Reyes stated: “Given the UK’s engineering and skills base, working with British organisations is vitally important for NuScale as we move towards our first commercial power station. This week is about developing the basis for future commercial collaboration between NuScale Power and key British nuclear engineering players. It’s also about ensuring that tomorrow’s nuclear engineers, whether in Sheffield or Oregon, get the training opportunities they need to help build the advanced, clean energy technologies of the future.”

Mike Tynan, Chief Executive of the Nuclear Advanced Manufacturing Research Centre, part of the University of Sheffield, said: “The work under way here at the Nuclear AMRC is founded upon the strong relationships we have with universities, UK Industry, UK Government and nuclear technology developers around the world. Our discussions with NuScale Power are part of our continuing support to the diverse technology base for civil nuclear power in the UK and we look forward to the potential development of SMR technology for the UK"

The visit comes against the backdrop of increasing interest in the role safe, innovative, and economic small modular reactors could play in the future UK energy mix, and the role the UK nuclear engineering and manufacturing sectors could play in their development.

Mr. Mundy has been specifically assigned to lead on engagement in the UK, with a view to the company building partnerships with players in the UK's attractive nuclear market. He has already this year given oral evidence before the Energy and Climate Change Select Committee’s inquiry into small nuclear power and led NuScale’s work to provide extensive input into the feasibility study on small modular reactors being conducted for the Government by the National Nuclear Laboratory.

About NuScale Power, LLC

NuScale Power, LLC is developing a new kind of nuclear plant; a safer, smaller, scalable version of pressurized water reactor technology, designed with natural safety features. Fluor Corporation (NYSE: FLR), a global engineering, procurement and construction company with a 60-year history in commercial nuclear power, is the majority investor in NuScale. As the sole winner of the second round of the U.S. Department of Energy's (DOE) competitively-bid, cost-sharing program to develop nuclear small modular reactor (SMR) technology, NuScale's design offers the benefits of carbon-free nuclear power but takes away the issues presented by the cost of installing large capacity. A nuclear power plant using NuScale's technology is comprised of individual NuScale Power Modules™, each producing 50 megawatts of electricity (gross) with its own factory-built combined containment vessel and reactor vessel, and its own packaged turbine-generator set. A power plant can include as many as 12 NuScale Power Modules to produce as much as 600 MWe, gross (570 net, nominal, after house loads). The reactor coolant is driven by natural circulation and can be shut down safely with no operator action, no AC or DC power, and no external water. NuScale power plants are scalable - additional modules are added as customer demand for electricity increases. NuScale's technology also is ideally suited to supply energy for district heating, desalination and other applications. NuScale is headquartered in Portland, Oregon and has offices in Corvallis, OR; Rockville, MD; Atlanta, GA; Charlotte, NC; and Chattanooga, TN.

About Jose Reyes

Dr. Reyes is the co-founder of NuScale Power and co-designer of the NuScale passively-cooled small nuclear reactor. He is an internationally recognized expert on passive safety system design, testing and operations for nuclear power plants. He has served as a United Nations International Atomic Energy Agency (IAEA) technical expert on passive safety systems. He is a co-inventor on over 60 patents granted or pending in 17 countries. He recently received two national awards; the 2013 Nuclear Energy Advocate Award and the 2014 American Nuclear Society Thermal Hydraulic Division Technical Achievement Award.

At Oregon State University, Dr. Reyes served as head of the Department of Nuclear Engineering and Radiation Health Physics. He directed the Advanced Thermal Hydraulic Research Laboratory (ATHRL) and was the co-director of the Battelle Energy Alliance Academic Center of Excellence (ACE) for Thermal Fluids and Reactor Safety in support of the Idaho National Laboratory mission. Additionally, Dr. Reyes was the OSU principal investigator for the Westinghouse AP600 and AP1000 certification test programs sponsored by the USNRC, the U.S. Department of Energy and Westinghouse.

Prior to joining the faculty at OSU in 1987, Dr. Reyes worked nearly 10 years as a thermal hydraulics research engineer in the Reactor Safety Division of the U.S. Nuclear Regulatory Commission. He holds Ph.D. and M.S. degrees in Nuclear Engineering from the University of Maryland and a B.S. degree in Nuclear Engineering from the University of Florida. He is the author of numerous journal articles and technical reports, including a book chapter on SMRs for an ASME B&PV Codes and Standards handbook. He has given lectures and keynote addresses to professional nuclear organizations in the U.S., Europe and Asia. He is a professional engineer and has served on the Board of Directors of the American Nuclear Society.

About Tom Mundy

Tom Mundy is responsible for executive oversight for the Charlotte office operations, support of domestic and international business development activities, and for all activities associated with program management, project controls and risk management.

Mundy previously served as President of Exelon Nuclear Partners, LLC, a subsidiary of Exelon Generation Company, LLC, where he was responsible for providing strategic direction, operational management, domestic and international business development, and service delivery. As Vice President, Nuclear Development, Mundy was responsible for Exelon Generation’s new nuclear development initiatives, including its $10B new nuclear plant project in Victoria, Texas. Mundy has also held positions with PECO Energy, GPU Nuclear Corp., and Newport News Shipbuilding and Dry Dock Company. He is also a licensed attorney in Pennsylvania and New Jersey having practiced for several years.

Mundy is a graduate of the U.S. Merchant Marine Academy and holds a Master of Engineering Administration degree from George Washington University and a Juris Doctor (with honors) from Temple University Beasley School of Law. He is a registered patent attorney.

About the Nuclear AMRC

The Nuclear Advanced Manufacturing Research Centre combines academic innovation with industry expertise to help UK manufacturers win work in civil nuclear and other innovative energy industries, and to develop new manufacturing techniques and technologies for the sector. It is part of the University of Sheffield, with support from The University of Manchester's Dalton Nuclear Institute.

The Nuclear AMRC is supported by the UK Government and the European Regional Development Fund. It is part of the High Value Manufacturing Catapult, a network of seven UK research centres funded by Innovate UK.