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NuScale Power LLC has won a $40 million award from the U.S. DOE

  • By Admin
  • April 30, 2018

The U.S. Nuclear Regulatory Commission (NRC) has completed the first and most intensive phase of review for NuScale Power’s design certification application (DCA).

During the 115,000 hours the NRC spent reviewing the DCA, it issued far fewer requests for additional information compared to other design certification applications, demonstrating the simplicity of the design and quality of the application.

This major achievement brings NuScale Power closer to introducing the country’s first SMR to market, putting the U.S. on a path to beat foreign competitors like Russia and China at a global SMR race.

In addition, the U.S. Department of Energy has awarded NuScale $40 million in cost-sharing financial assistance under its “U.S. Industry Opportunities for Advanced Nuclear Technology Development” funding opportunity.

Last Year, after more than 8 years of work and a cost of more than a half-billion dollars, NuScale became the first company to submit a design certification application for SMRs to the NRC.

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