History

History of NuScale Power

From the beginning, we had a simple goal: to change the power that changes the world. It stemmed from our desire to improve the quality of life for everyone everywhere—from the largest cities to remotest of areas. By providing the world with access to smarter, cleaner, safer, and cost-effective energy, we will have the ability to reshape our future and make it brighter than ever before. The idea for a multi-application SMR was conceived over two decades ago and this decade it will become a reality.


2021

NuScale engages Guggenheim Securities to explore financing options and secures additional investment from Japanese companies JGC Holding Corporation and IHI Corporation

MOUs signed with Prodigy Clean Energy in Canada, Kozludy NPP – New Build Plc in Bulgaria, and Grant Country Public Utility District in the US state of Washington

NuScale and UAMPS execute agreements to progress the Carbon Free Power Project

2020

NuScale makes history with the first ever SMR to receive design approval from the U.S. Nuclear Regulatory Commission (NRC)

Further value engineering efforts identify that the NuScale Power Module™ (NPM) can generate an additional 25 percent more power per module for a total of 77 MWe per module

The first Energy Exploration (E2) Center is opened at Oregon State University (OSU)

MOUs signed with Ukraine’s State Scientific and Technical Center for Nuclear and Radiation Safety

Agreement with Sarens USA to support deployment of NuScale’s SMR and provide a cash investment

Phase 1 and 2 combined pre-licensing vendor design review submitted to the Canadian Nuclear Safety Commission

2019

Commitment to Equal by 30 initiative in push for gender equity

MOUs signed with ČEZ in the Czech Republic, the Jordan Atomic Energy Commission, and Societatea Nationala Nuclearelectrica SA (SNN SA), a Romanian energy company

New strategic partners and investors with Doosan Heavy Industries and Construction and Sargent & Lundy

SMR design clears Phases 2, 3, and 4 of the NRC’s review process

NuScale receives N Certificate of Authorization (N-Stamp) from the American Society of Mechanical Engineers

2018

NRC concludes that application of NuScale’s novel safety design approach eliminates the need for class 1E power

NRC completes first phase of the design certification application (DCA) review

U.S. Department of Energy (DOE) awards NuScale $40 million in cost-sharing financial assistance

MOUs signed with Ontario Power Generation and Bruce Power in Canada

2017

NRC accepts NuScale’s SMR DCA for review

NuScale signs initial contract with the Center for Advanced Nuclear Manufacturing (CANM), operated by Concurrent Technologies Corporation (CTC), for prototype work for manufacturing NuScale’s helical coil steam generators

Ultra Electronics successfully conducts the acceptance testing of the innovative NPM protection system

2016

NuScale submits the first-ever SMR DCA to the NRC

Search is launched for fabrication partners for the NPM

Sheffield Forgemasters International Ltd and NuScale announce that they will work together to develop the manufacturing techniques that will be required for the future deployment of SMRs in the UK

2015

Installation of a full-length helical coil steam generator at the SIET facilities in Italy for testing

Agreement signed with Framatome (formerly AREVA) to design, test, and manufacture fuel assemblies

Completion of the fabrication and assembly of a full-scale, upper module mockup of the NPM

NuScale Diverse Energy Platform (NuDEP) launched to highlight NuScale’s SMR technology as the “plug-n-play” solution for providing reliable power to diverse applications

NuScale Exposition (NuEx) attracts 230 attendees to learn about NuScale in Corvallis, Oregon

NuScale and Ultra Electronics announce strategic partnership to support deployment of NuScale SMRs worldwide

2014

NuScale and Enercon Services Inc. announce strategic partnership to support deployment of the NuScale SMRs worldwide

2013

DOE selects NuScale to receive up to $217M of matching funds to support the further development of the design and secure a Design Certification from the NRC

The Western Initiative for Nuclear (Program WIN) launches to study the deployment of NuScale SMRs across the western US with the first project to be a commercial NuScale power plant for the Utah Associated Municipal Power Systems (UAMPS) Carbon Free Power Project

2012

The world’s first SMR control room simulator is commissioned at NuScale’s main engineering offices in Corvallis, Oregon, to model the operation of 12 NPMs

NuScale’s Technical Advisory Board (TAB) is formed with highly-regarded experts in nuclear plant design, operations, maintenance, regulations and safety

2011

Fluor Corporation becomes the primary investor in NuScale leveraging its global engineering, fabrication, procurement, and construction capabilities, along with its global sources and established supply chain, to support the commercialization of the NuScale design

2008

NuScale notifies the NRC of its intent to pursue a design certification for its technology

The NuScale Advisory Board (NuAB) is created to guide NuScale’s pathway towards commercialization and continues to meet about twice a year with 29 companies participating over the years

2007

OSU grants NuScale Power exclusive rights to the nuclear power plant design and the company is founded

2003

The DOE-funded program finishes and the OSU team, led by Dr. José N. Reyes, decide to build a one-third scale electrically heated version of the SMR as a test facility

2002

DOE funds research led by the Idaho National Laboratory, in collaboration with OSU, for the development of an SMR that would be used for multiple applications