NUSCALE TO HOST SUPPLIER DAY IN UK

NUSCALE TO HOST SUPPLIER DAY IN UK

Tuesday, May 10, 2016 5:49 am PDT
"Conversations we start in the next few months will lay the groundwork for building up our UK supplier base as we head towards developing a capability to be able to deploy in the UK in the 2020s."

NuScale Power will be holding a Supplier Day in Sheffield this summer to give UK-based nuclear engineering, manufacturing and construction companies the opportunity to meet NuScale representatives and learn about the company’s programme of work.  This comes as part of a long-term objective to build NuScale’s UK supply chain in preparation for potential deployment in the UK market.

The leading U.S. nuclear Small Modular Reactor (SMR) technology developer is keen to develop lasting relationships with UK-based suppliers, small and large, from straight supply to build-to-print to strategic partnerships.  Potential suppliers are being invited to participate in a day of presentations, workshops and one-to-one meetings designed to inform them of the company’s plans for the UK market and how they can become involved in NuScale’s programme.  

Speakers will include key members of the NuScale executive team, as well as Fluor Limited, Ultra Electronics and the Nuclear Advanced Manufacturing Research Centre.

The event underlines NuScale’s ambition to work in partnership with UK-based industry as the company continues to expand its presence.  It is also participating in the UK Government’s recently announced competition to choose the best value SMR, aimed at seeing SMRs deployed in the UK in the 2020s.

NuScale Power’s Managing Director for the UK and Europe Tom Mundy said:

“NuScale’s presence in the UK is growing. Our primary investor Fluor has a longstanding involvement and substantial workforce here and our partners, such as Ultra Electronics, also embody the world-renowned quality of the UK’s offering.

“Our ambition is to involve UK-based companies right across the supply chain, and that’s what our Supplier Day is all about.

“Conversations we start in the next few months will lay the groundwork for building up our UK supplier base as we head towards developing a capability to be able to deploy in the UK in the 2020s.”

NuScale has spent three years building a presence in the UK and is confident in the British nuclear industry’s capability to deliver on the vision of a multi-billion pound manufacturing and infrastructure venture, which could see NuScale Power Modules manufactured in the UK, deployed in the UK, and exported across Europe, bringing major benefits to the UK in terms of jobs, economic growth, and intellectual property rights.

This builds on activities in the United States where NuScale is at an advanced stage of development compared to its nearest competitors.  NuScale is the only SMR developer to be currently receiving U.S. Department of Energy match funding ($217M over 5 years), the only SMR developer to be close to submitting a Design Certification Application to the U.S. Nuclear Regulatory Commission (this will happen later this year), and the only U.S. SMR developer to have an active customer deployment project.  The first NuScale facility is planned to be in operation in 2024 in the state of Idaho.

NuScale’s UK Supplier Day will take place on 13th July 2016 at the Advanced Manufacturing Research Centre, part of the University of Sheffield. 

If you are a potential supplier and would like more information, please contact:

 

Matthew Dolman

+44 20 7593 4000

uksupplierday2016@nuscalepower.com

 

For UK press enquiries contact:

 

Tom Reynolds

+44 7917 796315

tom.reynolds@madano.com

 

For U.S. press enquiries contact:

 

Mike McGough

+1 503 715 2238

mmcgough@nuscalepower.com 

 

About NuScale Power, LLC

NuScale Power, LLC is developing a new kind of nuclear plant; a safer, smaller, scalable version of pressurized water reactor technology, designed with natural safety features; a technology initially developed and tested at Oregon State University.  Fluor Corporation (NYSE: FLR), a global engineering, procurement, and construction company with a 60-year history in commercial nuclear power, is the majority investor in NuScale.  As the sole winner of the second round of the U.S. Department of Energy's (DOE) competitively-bid, cost-sharing program to develop nuclear small modular reactor (SMR) technology, NuScale's design offers the benefits of carbon-free nuclear power but takes away the issues presented by the cost of installing large capacity.  A nuclear power plant using NuScale's technology is comprised of individual NuScale Power Modules™, each producing 50 megawatts of electricity (gross) with its own factory-built combined containment vessel and reactor vessel, and its own packaged turbine-generator set.  A power plant can include as many as 12 NuScale Power Modules to produce as much as 600 MWe, gross (570 net, nominal, after house loads). The reactor coolant is driven by natural circulation and can be shut down safely with no operator action, no AC or DC power, and no external water supply.  NuScale power plants are scalable - additional modules are added as customer demand for electricity increases.  NuScale's technology also is ideally suited to supply energy for district heating, desalination, and other applications.  NuScale is headquartered in Portland, Oregon and has offices in Corvallis, OR; Rockville, MD; Charlotte, NC; and London, UK.

 

To download the NuScale Power UK Prospectus and to find out more about NuScale Power in the UK visit:

http://www.nuscalepower.com/about-us/nuscale-power-in-uk  

 

To keep up to date on NuScale Power in the UK follow: @NuScale_UK on Twitter.