NuScale Power Signs Manufacturing Agreement with Doosan Enerbility for Reactor Components
NuScale Power (SMR) has entered into a manufacturing agreement with South Korean-based Doosan Enerbility to begin the fabrication of critical reactor components for its NuScale Power Modules. This strategic move aims to secure long-lead items, such as nuclear-grade pressure vessels, which can take three to five years to manufacture, ensuring the company is prepared for commercial operations in the early 2030s. While NuScale holds a significant first-mover advantage as the only company with Standard Design Approval from the Nuclear Regulatory Commission (NRC), it still faces the challenge of securing major anchor customers. Currently, the company's primary project involves six modules in Romania through a partnership with ENTRA1. The agreement with Doosan is a vital step in establishing a robust supply chain to support its modular reactor technology.
Topics: Manufacturing Agreement Nuclear Energy Small Modular Reactors Supply Chain
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