NuScale lets it Rolls with new backer
By Andy Giegerich
Sustainable Business Oregon editor
NuScale hopes to use the Rolls-Royce connection to procure U.S. Department of Energy funds.
NuScale Power has landed a well-known name as a key partner in its attempts to commercialize a small modular reactor.
The London-based Rolls-Royce PLC company joined Fluor Corporation in backing NuScale's bid to commercialize small modular reactor nuclear technology globally. NuScale wants to tap the DOE's funds to bring its scalable, SMR reactor to market by 2025.
"Rolls-Royce has a rich 50-year nuclear heritage spanning reactor and component design and manufacture through operational support to obsolescence management and plant life extension," said Jason Smith, Rolls-Royce president for nuclear, in a release. "The combination of skills and experience that sits within both organizations is world-class and proven across the global energy sector. We will now work hard to win the privilege to support the US DOE in realizing its goals through the development of the SMR program."
"With the addition of Rolls-Royce's world-class manufacturing capability to the NuScale team, we bring a wealth of experience to the development, production, and maintenance of advanced nuclear technologies across global markets," added John Hopkins, NuScale's CEO, in the same release. "Rolls-Royce has more than 50 years of nuclear heritage and this provides deep technical experience, state-of-the-art manufacturing support and access to world-class engineering for NuScale to advance its design through licensing to commercialization."
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