Nuclear

NuScale, energy company to explore small modular nuclear reactors for Romania

NuScale Power announced that it has signed a memorandum of understanding (MOU) with Societatea Nationala Nuclearelectrica SA (SNN SA), a Romanian energy company, to exchange business and technical information on NuScale’s nuclear power technology. 

The goal of the agreement is to evaluate the development, licensing and construction of NuScale small modular reactors (SMRs) for a potential similar long-term solution in Romania. 

Nuclear power currently provides 20 percent of domestic energy in Romania. Since its founding in 1998, SNN SA has operated the only nuclear power plants in Romania.

NuScale says its technology is the world’s first and only SMR to undergo design certification review by the U.S. Nuclear Regulatory Commission (NRC). The NRC is scheduled to complete its review of NuScale’s design in September 2020. NuScale has also signed MOUs to explore the deployment of its SMR technology in Canada and Jordan.