Advise on NuScale technology, engineering and design development efforts

PORTLAND, Ore.--(BUSINESS WIRE)--21 representatives from 15 utilities met with NuScale Power at its Corvallis, Oregon, offices recently for the small modular reactor developer’s NuScale Advisory Board (NuAB) meeting.

NuAB is currently comprised of 23 member companies including the owners and operators of nearly two-thirds of the U.S. operating fleet of commercial nuclear power plants. NuAB attendees were provided with technical and regulatory briefings in order to provide guidance to NuScale on the company’s path to commercialization. Highlights of the meeting included updates on the NuScale Power ModuleTM design, testing facility upgrades, and operational staffing.

Following the NuAB meeting, NuScale hosted its Technical Advisory Board—comprised of six highly-regarded experts in nuclear plant design, operations, maintenance, regulations, and safety. Members of NuScale’s Technical Advisory Board advise NuScale on specific aspects of its technology, engineering and design development efforts.

NuScale’s Technical Advisory Board members are:

• Professor Graham Wallis
  Dartmouth Thayer School’s Sherman Fairchild Professor of Engineering, Emeritus and author of the textbook, One Dimensional Two-Phase Flow. Prof. Wallis served on the Advisory Committee on Reactor Safeguards (ACRS) of the Nuclear Regulatory Commission (NRC) from 1998 to 2007.
• Dale Klein, Ph.D., P.E.
  Former U.S. Nuclear Regulatory Commission Chairman from July 2006 to May 2009. As Chairman, Dr. Klein was the principal executive officer and official spokesman for the NRC, responsible for conducting the administrative, organizational, long-range planning, budgetary, and certain personnel functions of the agency. Dr. Klein is currently the Associate Vice Chancellor for Research in the Office of Academic Affairs at The University of Texas.
• Luis A. Reyes
  Former Executive Director of Operations at the NRC. As the Commission’s Chief Operating Officer, Mr. Reyes managed the agency’s day-to-day operations, overseeing 3,400 full-time employees and an annual budget of over $900,000,000.
• John Hosmer
  Former Chief Nuclear Officer and Vice President, Nuclear Engineering and Licensing, UniStar Nuclear Energy, LLC. Mr. Hosmer also served as Vice President Engineering at Exelon Nuclear. He currently is the Chief Executive Officer of Hosmer Consulting LLC.
• Gary Sozzi
  Owner of G. Sozzi Consulting, providing consultation services to the nuclear power industry. Mr. Sozzi retired from GE Nuclear Energy in 1998 after 33 years of service with a wide range of assignments; from nuclear plant design, safety analysis, licensing and performance engineering. He directed GE’s safety technology research and development programs, which led to the quantification of the inherent safety margin in the reactor design and to the NRC acceptance to the GE licensing safety methods for application to Loss of Coolant Accidents, anticipated operational events, and overall reactor operational and safety performance.
• Eugene S. Grecheck
  Principal of Grecheck Consulting LLC. Mr. Grecheck provides management and technical consulting to the nuclear industry, with emphasis on performance improvement, regulatory issues, and developing and integrating emerging technologies. He retired from Dominion Nuclear in late 2013, following more than 38 years with the company. His career there included a wide variety of leadership positions at the company’s nuclear stations as well as the corporate offices.

Dr. Jose Reyes, NuScale’s Chief Technology Officer said, “NuScale is privileged to have these experts play such a vital role in support of our technology. They are providing valuable guidance on our licensing efforts and key features of our technology and ongoing testing and analysis programs.”

NuScale will host the first NuScale Exposition (NuEx) on August 20-21, 2015 on site in Corvallis, Oregon. NuEx will provide members of the utility community, investors and other interested parties the opportunity to learn more about the U.S. leader in SMR development, tour its facilities, talk with NuScale senior executives, and interface with suppliers and investors.

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 45 megawatts of electricity 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 540 megawatts. 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.