Client
NuScale Power, LLC
Location
Portland, OR, U.S.

NuScale - Small Modular Reactor (SMR) Nuclear Technology

In 2011, Fluor Corporation made a significant investment in NuScale Power, a small modular reactor (SMR) technology company in Oregon.

With the investment, Fluor is NuScale's majority shareholder. NuScale continues to operate as an independent company with Fluor providing certain needed services to NuScale through a separate contractual arrangement.

NuScale Power is developing a new modular light water reactor to supply reliable and abundant carbon-free nuclear energy for electrical generation, district heating, desalination, and other process heat applications. NuScale’s SMR design features a fully fabricated NuScale Power Module™ capable of generating 77 megawatts of electricity (MWe) using a safer, smaller, scalable version of pressurized water reactor technology.

SMR-generated power is 100 percent carbon-free. The 12-module NuScale plant produces 924 MWe (gross) and can power over 700,000 homes in the U.S. with carbon-free electricity. This would reduce CO2 emissions by eight million tons per year as compared to coal, the equivalent of taking 1.7 million cars off the road per year.

The initial concept for NuScale's innovative, inherently safe SMR technology was developed from 2000 to 2003 at Oregon State University, with funding provided by the U.S. Department of Energy (DOE). NuScale has been working to commercialize SMR technology since 2007.

In August 2020, the U.S. Nuclear Regulatory Commission (NRC) completed the Phase 6 review of the Design Certification Application for NuScale’s groundbreaking SMR with the issuance of the Final Safety Evaluation Report (FSER). The NRC issued a Standard Design Approval (SDA) for NuScale’s SMR design in September 2020. Along with issuance of the FSER, the SDA affirms NRC approval of the NuScale design.


In October 2020, Fluor announced that Utah Associated Municipal Power Systems (UAMPS) was awarded a funding vehicle that could provide up to $1.355 billion by the U.S. Department of Energy (DOE) for NuScale Power’s first prospective small modular nuclear reactor project. Fluor is poised to assist UAMPS and NuScale in bringing the world’s first clean energy, carbon-free SMR project to commercialization. Fluor and NuScale are working with UAMPS in the development of the Carbon Free Power Project, a 720-megawatt plant in Idaho using 12 NuScale SMRs, which once completed, will provide reliable, cost competitive, base load, carbon-free electricity to UAMPS member participants.

Read more about Fluor's investment in NuScale.

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