Dec 14, 2013

NuScale Power Awarded $226 Million To Deploy Small Nuclear Reactor Design

NuScale power, a small nuclear power company in Corvallis Oregon, has won a Department of Energy grant of up to $226 million dollars to enable deployment of their small modular reactor. The units would be factory built in the United States, and their small size enables a number of potential niche applications. NuScale argues that their design includes a number of unique passive safety features: 'NuScale's 45-megawatt reactor, which can be grouped with others to form a utility-scale plant, would sit in a 5 million-gallon pool of water underground. That means it needs no pumps to inject water to cool it in an emergency - an issue ... highlighted by Japan's crippled Fukushima plant.' This was the second of two DOE small modular reactor grants; the first was awarded to Babcock and Wilcox, a stalwart in the nuclear industry.
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