Shaw Group to provide engineering services for small modular reactor

Baton Rouge, La., May 24, 2011 — The Shaw Group Inc. won a contract by SMR, LLC, a subsidiary of Holtec International, to provide phase one engineering support services for a new 140-MW small modular nuclear power reactor, the Holtec Inherently Safe Modular Underground Reactor (HI-SMUR).

Shaw will develop the conceptual design of the balance of plant and support systems to advance the HI-SMUR toward eventual commercial application. Shaw also will prepare an overall design basis, support licensing activities and evaluate plant layouts and optimization of plant output.

The undisclosed value of the contract will be included in Shaw’s Power segment’s backlog of unfilled orders in the third quarter of fiscal year 2011.

Shaw also provides design services for facilities using Holtec’s spent fuel casks at nuclear operating plants in the United States. When completed, these independent spent fuel storage facilities allow nuclear plant operators to continue operations by storing spent fuel onsite in air-cooled casks and not in fuel pools.

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