Corporate: NuScale Touts First Deployment as 'Underway' in Momentum Push

Copyright © 2023 Energy Intelligence Group All rights reserved. Unauthorized access or electronic forwarding, even for internal use, is prohibited.
T. Schneider/Shutterstock

NuScale Power is pushing forward in multiple markets, from Romania to Indonesia to South Korea, as it works to create the sense of inevitable momentum needed to launch a proper fleet of small modular reactors (SMRs). But while CEO John Hopkins touted the first-of-a-kind deployment of the NuScale SMR in the US state of Idaho as "underway," the US-based SMR vendor still has a long way to go to truly lock in both this and further newbuild projects. Meanwhile NuScale owner Fluor hopes to sell down its stake in the SMR developer to a minority holding by year's end.

Nuclear Newbuilds
Wanda Ad #2 (article footer)
Grossi steps up IAEA role at Zaporizhzhia; Japan extends reactor operating limit; Constellation acquires minority stake in South Texas Project for $1.75 billion.
Fri, Jun 2, 2023
China's Ministry of Ecology and Environment has granted key environmental approvals for four newbuilds, all in China's southern Guangxi Autonomous Region.
Fri, Jun 2, 2023