Contract signed for first North American small modular reactor
A multi-party contract has been signed for the deployment of a small modular reactor (SMR) in North America.
Image source: GE
Canada, Ontario, Bowmanville: A multi-party contract has been signed for the deployment of a small modular reactor (SMR) in North America.
GE Hitachi Nuclear Energy (GEH), Ontario Power Generation (OPG), SNC-Lavalin, and Aecon have signed the first commercial contract for the deployment of a grid-scale small modular reactor in North America.
The BWRX-300 small modular reactor will be deployed at OPG’s Darlington New Nuclear Project site.
“This first commercial contract for a small modular reactor in North America marks a significant milestone in deploying SMRs in Canada and across the globe,” said Sean Sexstone, Executive Vice President, Advanced Nuclear, GEH. “We look forward to working with our partners to ensure this project is delivered safely, on time and within budget, providing significant opportunity for the team and the Province of Ontario. GEH is excited and humbled to be leading the industry as the world looks to adopt SMR technology to help achieve its energy and security objectives.”
Advanced nuclear technologies like the BWRX-300 are a key pillar of GEH’s energy transition leadership. In addition to helping customers achieve decarbonisation goals, the reactor is designed to reduce construction and operating costs below other nuclear power generation technologies. Specifically, the SMR leverages a unique combination of existing fuel that is currently used in operating reactors (and does not require HALEU), plant simplifications, proven components and a design based on already licensed reactor technology.
Source: GE
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