Europe

Europe Projects

Bulgaria: Kozloduy Nuclear Power Plant – New Build Plc

In February 2021, NuScale and Bulgaria's Kozloduy Nuclear Power Plant – New Build Plc (KNPP-NB) signed an MOU to consider deploying NuScale's SMR technology at the Kozloduy power plant location. The Kozloduy site is home to Bulgaria's only operating nuclear power plants and KNPP-NB is exploring the possibility of deploying advanced nuclear technology at this location.

The goal of the MOU is to evaluate NuScale's SMR technology for its suitability to be deployed at the Kozloduy site. Under the MOU, NuScale will support KNPP-NB as they conduct a number of studies and analyses including the development of a project timeline with milestone deliverables for a feasibility study, a project specific cost estimate, and engineering, planning, licensing, and other activities as mutually agreed upon by the parties.

Czech Republic: ČEZ Group

In September 2019, NuScale and leading Czech utility conglomerate ČEZ Group signed an MOU to share nuclear and technical expertise as the two companies examine applications for NuScale’s SMR technology.

ČEZ currently operates two nuclear power plants in the Czech Republic, with nuclear power generating roughly one third of all electricity in the country. Through the MOU, NuScale and ČEZ will exchange information relating to nuclear supply chain development, construction, and operation and maintenance.

POLAND: KGHM, PBE, GETKA, AND UNIMOT

In February 2022, NuScale and Poland’s KGHM Polska Miedź S.A. (KGHM) signed a landmark agreement to initiate work towards implementing advanced small modular reactors (SMRs) in Poland, following the September 2021 collaboration announcement between the two parties.

The definitive agreement between NuScale Power and KGHM will position KGHM as a clean energy implementation leader with the first deployment of SMRs in Poland. Under this agreement, NuScale will work with KGHM to support the deployment of SMR technology, and together, the organizations will take steps toward deploying a first NuScale VOYGR™ power plant in Poland as early as 2029, which would help Poland avoid up to 8 million tons of CO2 emissions per year. The deployment of the VOYGR plant by 2029 is directly tied to the Climate policy of KGHM Polska Miedź and the Company’s new strategic direction - energy.

KGHM and NuScale first began their collaboration in September 2021, after the two parties signed a Memorandum of Understanding (MOU) with Piela Business Engineering (PBE) to collaborate in the development, licensing and construction of a NuScale VOYGR plant in Poland. This new commercial agreement marks a significant milestone in NuScale’s progress towards commercialization and advancing clean, reliable, and affordable energy in Poland.

Romania Nuclearelectrica Signing

In September 2021, NuScale Power, Getka Group and UNIMOT S.A. signed an MOU with business purposes including to explore the deployment of NuScale’s SMR technology as a coal repurposing solution for existing coal-fired power plants in Poland.

Getka is an Oklahoma-based integrated energy company providing construction, and delivery of petroleum, refined products, and alternative energy. Through its Zero Impact Strategy, Getka is focused on reducing emissions output through renewable energy.

UNIMOT is a Poland-based multi-energy Capital Group that offers its wholesale and retail customers fuel products, gas and electricity, including renewable energy.

Under the MOU, NuScale will support Getka and UNIMOT’s examination of NuScale’s SMR technology as a coal repowering/repurposing solution for existing coal-fueled power plants and more broadly for new nuclear plant implementations in Poland. The examination will include an analysis of technical, economic, legal, regulatory, financial, and organizational factors.

Romania: Societatea Nationala Nuclearelectrica SA

In November 2021, NuScale and Societatea Nationala Nuclearelectrica SA (SNN), a Romanian nuclear energy producer, signed a teaming agreement to advance the deployment of NuScale’s SMR technology. U.S. Secretary of Energy Jennifer M. Granholm and Romanian Minister of Energy Virgil Popescu highlighted this partnership at the U.S. Pavilion at the United Nations Conference on Climate Change (COP26), where the agreement was signed.

Following the partnership, Romania has the potential to accommodate the first deployment of SMRs in Europe and to become a catalyst for SMRs in the region, as well as a base for supporting operatorship of this new technology in other countries.

Under the teaming agreement, NuScale will help Nuclearelectrica evaluate its technology, and together, the organizations will take steps toward deploying a first NuScale VOYGR™-6, 462 MWe, power plant in Romania as early as 2027/2028. The NuScale plant is estimated to generate 193 permanent power plant jobs, 1,500 construction jobs, 2,300 manufacturing jobs and help Romania avoid 4 million tons of CO2 emissions per year.

Romania Nuclearelectrica Signing

This collaboration builds on NuScale’s and Nuclearelectrica’s ongoing relationship, which began in March 2019 to exchange business and technical information about NuScale’s innovative SMR technology. Through an MOU, the two parties are evaluating the potential for development, licensing, and construction of a NuScale SMR power plant in Romania.

UKRAINE: ENERGOATOM AND STATE SCIENTIFIC AND TECHNICAL CENTER FOR NUCLEAR RADIATION AND SAFETY

In December 2021, NuScale announced that the company will provide technical assistance for a Ukraine SMR licensing gap analysis as part of a grant awarded to the Science and Technology Center in Ukraine (STCU) by the U.S. Trade and Development Agency (USTDA). The USTDA grant will be instrumental in supporting the licensing and deployment of SMR technology in Ukraine.

The purpose of the SMR Licensing Gap Analysis is to compare the NuScale SMR design against International Atomic Energy Agency standards, Ukrainian regulations, and regulatory guidance. The analysis will also identify gaps that could prevent deployment of a NuScale SMR in Ukraine and propose recommendations to close the gaps, including regulation changes, if necessary.

In September 2021, NuScale and the National Nuclear Energy Generating Company of Ukraine (Energoatom) also signed an MOU to explore the deployment of NuScale Power VOYGR™ plants in Ukraine. Energoatom is the Ukrainian state operator for the country’s four nuclear power stations

Under the MOU, NuScale will support Energoatom’s examination of NuScale’s SMR technology, including a feasibility study for proposed project sites, the development of a project timeline and deliverables, cost studies, technical reviews, licensing and permitting activities, and project specific engineering studies and design work.

Energoatom Ukraine Signing

In February 2020, NuScale announced the signing of an MOU with Ukraine’s State Scientific and Technical Center for Nuclear and Radiation Safety (SSTC NRS). NuScale hosted an MOU signing ceremony attended by Mr. Ihor Shevchenko, Director SSTC NRS, Hryhorii Plachkov, Chairman of the State Nuclear Regulatory Inspectorate (SNRIU), and members of the Ukrainian Delegation.

Ukraine MOU Signing Ceremony

The SSTC NRS serves as a key advisor to the SNRIU in the review and approval of new nuclear technologies. The SSTC NRS also provides technical advice and independent assessment for the SNRIU to verify compliance with the rules, regulations, and standards of nuclear safety, and conduct data analysis and reporting on the safety of nuclear energy.

The MOU states that the SSTC NRS and NuScale will collaborate on the regulatory and design gaps between the U.S. and Ukraine processes for the licensing, construction, and operation of a NuScale SMR power plant in Ukraine. The U.S. Department of Energy (DOE) is also funding an independent review of NuScale’s Safety Analysis Report (SAR) to be conducted by the SSTC NRS.

UNITED KINGDOM: Shearwater Energy, Ltd.

In January 2021, Shearwater Energy, Ltd., a UK-based hybrid energy developer, announced that it selected NuScale as the leading U.S. SMR technology to provide the carbon-free baseload and load following energy to its planned wind-SMR hydrogen production project. The project aims to provide clean energy to the UK grid system. Shearwater has signed an MOU with NuScale to further collaboration in advancing the proposed project.

In April 2022, the UK released their Energy Security Strategy and called for accelerating the development of nuclear energy as a safe, reliable, and clean source of power. Nuclear would be the single most effective way to achieve comprehensive energy independence in Great Britian. Shearwater’s proposed project would provide a launching point to meet the Prime Minister’s Energy Security Strategy.

Under the MOU, Shearwater and NuScale will generally explore opportunities for the combined generation of nuclear power based on NuScale’s leading SMR technology, offshore wind energy and hydrogen production at sites in the UK, with a flagship opportunity being by Shearwater explored at Wylfa on Anglesey. As international wind and solar energy portfolios grow, this collaboration highlights the increasing momentum and need for more flexible and reliable low-carbon energy generation. NuScale will also specifically support Shearwater as it continues to develop the project, including conducting project-specific engineering, planning, and licensing activities for their SMR technology.

NuScale’s assessment of the UK supply chain concluded that more than 85% of the content of a NuScale plant could be sourced within the UK. Both parties are committed to further exploring British companies’ capabilities to participate in maximizing the UK content of this project. The wind-nuclear hybrid plant is expected to provide up to 3 GWe of offshore wind and SMR based carbon-free electricity at a significantly lower cost than conventional gigawatt size nuclear power plants. Surplus energy generation will focus on the production of hydrogen, supporting UK’s hydrogen goal of generating 5GW of low-carbon hydrogen production capacity by 2030 for industry, transport, power, and homes—aiming to develop the first town heated entirely by hydrogen by the end of the decade.