NuScale Power has developed a small modular reactor (SMR) designed for efficient electrical generation and thermal applications. This technology provides a scalable and reliable energy solution to meet the growing demand for low-carbon power sources.
Funding
$235M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Traditional large-scale nuclear power plants present challenges related to high capital costs, long construction times, and limited flexibility in deployment. These factors can hinder the adoption of nuclear energy as a solution for meeting growing energy demands and achieving decarbonization goals.
Solution
NuScale Power offers small modular reactor (SMR) technology designed to provide a scalable, safer, and more cost-competitive alternative to conventional nuclear plants. The NuScale Power Module (NPM) integrates the reactor vessel, steam generator, pressurizer, and containment into a single, factory-fabricated unit. These SMR power plants can generate up to 924 MWe of electricity using 12 NPMs and can be deployed for electrical generation, district heating, desalination, hydrogen production, and other process heat applications. The design incorporates passive safety features, allowing the NPM to safely shut down and self-cool indefinitely without operator action, external power, or additional water.
Target Audience
The primary target audience includes utilities seeking to increase generation capacity, industries requiring process heat, data centers needing reliable power, and entities interested in hydrogen production or water desalination.
Features
- NuScale Power Module (NPM) with a generating capacity of 77 MW per module
- Scalable plant configurations with 4, 6, or 12 modules, generating up to 924 MWe
- Standard light water reactor (LWR) fuel in a 17 x 17 configuration with a refueling cycle of up to 21 months
- Passive safety systems that enable automatic shutdown and self-cooling without external intervention
- Flexible plant siting due to a smaller geographic footprint and site boundary emergency planning zone (EPZ)
- Pre-Commercial Operation Date (Pre-COD) and Post-Commercial Operation Date (Post-COD) services, including licensing, construction, commissioning, and plant operations and maintenance (O&M)
- Energy Exploration (E2) Centers providing hands-on SMR control room training via a 12-module power plant control room simulator