NuScale and Romanian energy company sign memorandum of understanding for Small Modular Reactor exploration in Romania
NuScale Power today announced that it has signed a Memorandum of Understanding with Romanian energy company Societatea Nationala Nuclearelectrica SA (SNN SA) to exchange business and technical information on NuScale’s innovative nuclear technologies. The agreement aims to evaluate the development, licensing and construction of a NuScale Small Modular Reactor (SMR) for a potential long-term solution in Romania. The agreement is the latest sign of growing international interest in NuScale’s innovative nuclear technologies.
„With years of experience in nuclear power, SNN SA understands Romania’s unique energy needs,“ said John Hopkins, Chairman and CEO of NuScale Power. NuScale looks forward to showcasing our safe, scalable and reliable nuclear technology and collaborating with SNN SA to determine what role NuScale’s technology can play in Romania’s energy future.
„As the sole nuclear power provider in Romania, we see great potential in ZIU due to the clean, safe and affordable energy they provide,” said Cosmin Gita, CEO of Nuclearelectrica. „We look forward to working with NuScale to see how their innovative technology can benefit our customers and power Romania’s energy needs.“
NuScale technology is the world’s first and only SMR to undergo a design certification review by the U.S. Nuclear Regulatory Commission (NRC). The NRC is scheduled to complete its design review of NuScale in September 2020. NuScale has also signed a memorandum of understanding to explore deployment of its SMR technology in Canada and Jordan.
