NuScale Power to Collaborate with Oak Ridge National Laboratory for a Techno-Economic Assessment
NuScale Power Corporation (NYSE: SMR) announced today its partnership with Oak Ridge National Laboratory (ORNL) to perform a techno-economic assessment (TEA), studying a NuScale small modular reactor’s (SMR) ability to implement a cost-effective steam heat augmentation design.
- NuScale Power Corporation (NYSE: SMR) announced today its partnership with Oak Ridge National Laboratory (ORNL) to perform a techno-economic assessment (TEA), studying a NuScale small modular reactor’s (SMR) ability to implement a cost-effective steam heat augmentation design.
- This work will be a highly collaborative effort with engineers from ORNL and NuScale forming a composite engineering team.
- The proposed deliverables of the techno-economic assessment are anticipated to be completed within one year.
- The strategic partnership between NuScale and ORNL is a significant step in the effort to decarbonize commercial chemical plants.