Invites All Potential Small Modular Reactor (SMR) Industry Suppliers
PORTLAND, Ore.--(BUSINESS WIRE)--As part of the continuing efforts of the Western Initiative for Nuclear, NuScale Power, LLC announced today that it will hold its first Supplier’s Day event in conjunction with the 2014 Intermountain Energy Summit at the Shilo Inn and Convention Center in Idaho Falls on Thursday, August 21, 2014.
During the one-day event, NuScale will provide organizations in the nuclear industry supply chain with the understanding they will need to help prepare to meet NuScale’s SMR manufacturing requirements.
Scott Bailey, NuScale’s Vice President of Supply Chain, stated, “Our objective for this event is two-fold; first, it provides NuScale with a means to communicate to SMR-interested nuclear industry suppliers on ways to get involved, and second, it allows NuScale an opportunity to learn more about the capabilities of potential suppliers.”
NuScale is revolutionizing the nuclear supply chain through the way reactor modules will be fabricated and the way power plants will be constructed:
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 nuclear power modules; each produces 45 megawatts of electricity with its own combined containment vessel and reactor system, and its own packaged turbine-generator set. A power plant can include as many as 12 NuScale integral PWR modules to produce as much as 540 megawatts. The reactors are cooled by the natural circulation of water 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.