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Ukraine signs MOU with NuScale to develop small nuclear reactors
"Energoatom and NuScale agreed to a Memorandum of Understanding (MOU) to explore deployment of proposed reactor designs which offer smaller footprints and lower costs than conventional nuclear facilities. NuScale has gained approval for its design in the U.S.
Under the MOU, NuScale will support Energoatom’s examination of NuScale’s SMR technology, including a feasibility study for proposed project sites, the development of a project timeline and deliverables, cost studies, technical reviews, licensing and permitting activities, and project specific engineering studies and design work.
'NuScale is excited to partner with Energoatom on the potential deployment of a NuScale Power plant in Ukraine,' said John Hopkins, Chairman and CEO of NuScale Power. 'As demonstrated by recent announcements, NuScale is continuing to gain impressive momentum in international interest around the globe. We look forward to demonstrating the immense benefits of our technology to Energoatom and to the people of Ukraine as they seek to decarbonize their energy sector.'"
Ukraine signs MOU with NuScale to develop small nuclear reactors
Small modular reactor designer NuScale Power has signed a Memorandum of Understanding with Ukraine’s nuclear operator to develop SMR plants in that nation.
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