Nuclear

SMR company NuScale shifts strategy from development to delivery

Small modular reactor (SMR) company NuScale is shifting from product development to product delivery by establishing a new VOYGR Services and Delivery (VSD) business unit.
SMR company NuScale shifts strategy from development to delivery

Small modular reactor (SMR) company NuScale is shifting from product development to product delivery by establishing a new VOYGR Services and Delivery (VSD) business unit.

VOYGR is the official name of NuScale’s SMR, which it plans to deploy for Utah Associated Municipal Power Systems’ (UAMPS) Carbon Free Power Project (CFPP) at the Idaho National Lab (INL).

The CFPP project’s first module is projected to come online in 2029, with all six modules online by 2030. NuScale believes the six-module CFPP will act as a catalyst for subsequent SMR plant deployments across the U.S. and beyond.

Portland-based NuScale’s power module is a small pressurized water reactor, which can generate 77 MW of electricity (MWe). Its six-module VOYGR-6 can generate 462 MWe. The company also offers a 12-module VOYGR-12 (924 MWe) and a four-module VOYGR-4 (308 MWe).

MORE: NuScale, Doosan agree to begin SMR production

NuScale’s VSD unit will work with customers and be tasked with delivering services and equipment associated with the sale, development, delivery, and commercial operation of the company’s VOYGR power plants.

Since receiving design approval from the U.S. Nuclear Regulatory Commission (NRC) in August 2020, NuScale has since been working toward commercialization, including finalizing the standard plant design and supply chain readiness.

Current CFPP activities include the placement of long-lead equipment orders. NuScale notes customer engagements in Poland and Romania underscore the need for a proactive restructuring to ensure the efficient and effective delivery of NuScale’s contractual obligations.

“Positioning NuScale towards product delivery is a natural and exciting next step for the company,” said NuScale President and Chief Executive Officer John Hopkins.

NuScale’s VSD unit will be led by Thomas Mundy, who is currently the company’s chief commercial officer.

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