NuScale's SMR Technology presents Clients with a safer, modular, scalable and economical solution to off the grid nuclear power applications. The NuScale modular reactors would be manufactured at a fabrication plant and delivered to a site for installation. Factory production can increase quality, reduce cost, and shorten construction schedules. Capital costs are lower for smaller SMR plants, opening the possibility of nuclear power to a wider group of potential owners. The smaller scale modular design also provides more flexibility for installing at sites in remote locations, or for replacing older fossil plants that are retiring.
SMR-generated power is 100 percent carbon-free, comparable to power generated from wind, sun or water, but requires just one percent of the land area to produce the same amount of power. It also avoids emitting more than 6 million tons of CO2 annually when comparing just one 60-megawatt NuScale plant with coal, and 2.5 million tons of CO2 when comparing one NuScale plant with natural gas.
Due to these benefits, SMRs are drawing a great deal of attention from governments, utilities (large and small), communities, and the nuclear industry.