U.S., Romania Announce Plans to Build NuScale SMR Plant in "First of a Kind" Joint Venture
- Nov 2, 2021 5:53 pm GMT
"The United States and Romania will announce today plans to build a 'first-of-a-kind' small modular reactor (SMR) plant in Romania in partnership with U.S. NuScale Power, bringing the latest civil nuclear technology to a critical part of Europe. The partnership will bring SMR technology to Romania, positioning U.S. technology to lead in the global race for SMR deployment. The commercial agreement will include a six-module NuScale plant, initially creating over 3,700 U.S. and Romanian jobs, including possible union jobs, with the potential to create 30,000 U.S. and Romanian jobs as the project grows. Deployment of SMR technology will be an important contributor to a decarbonized power sector and net zero future."
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After waiting years for a Combined Operating License (COL) from the U.S. Nuclear Regulator Commission for its small modular reactor, NuScale had waited long enough.
In an aggressive push to compete with Russia and China on the international stage, NuScale will work with Romania to build its first 6-module plant there. Romania, faced with the choice of Russian gas or U.S. nuclear, apparently had fewer qualms about the SMR's safety than the NRC and chose nuclear. The choice could have important (and positive) geopolitical ramifications, too.
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