Rolls-Royce joins NuScale in bid to commercialize small modular reactors
Thursday, 1 August 2013
(Washington, D.C.) Rolls-Royce has today announced that it is supporting US-based NuScale Power LLC in its submission to the United States Department of Energy's (US DOE) funding opportunity announcement to bring scalable, small modular reactor technology to market by 2025.
The development of clean and affordable nuclear power options is a key element of the DOE Nuclear Energy Research and Development Roadmap. High priority is placed upon accelerating timelines for the commercialization and deployment of small modular reactor (SMR) technologies through its SMR Licensing Technical Support program.
Jason Smith, President – Nuclear, Rolls-Royce said: “Rolls-Royce is pleased to support NuScale Power in its submission to the US DOE Small Reactor Development Program. Rolls-Royce has a large US manufacturing footprint and a rich 50-year nuclear heritage spanning reactor and component design and manufacture through to operational support, obsolescence management and plant life extension.
“The combination of skills and experience that sits within both organizations is world class and proven across the global energy sector. We will now work hard to win the privilege to support the DOE in realizing its goals through the development of the SMR programme.”
The latest US DOE funding opportunity announcement is focused on optimizing small modular reactor efficiency, operations and designs through innovative and effective solutions for enhanced safety, operations and performance. The US DoE aims to solicit proposals for cost-shared small modular reactor projects that have the potential to be licensed by the Nuclear Regulatory Commission and achieve commercial operation around 2025.
NuScale Power has developed unique and proprietary break-through technology for an innovative, simple, safe, economic, and scalable small modular reactor. Using proven light water reactor technology, the NuScale Power Module is cooled by natural circulation, is entirely self-contained and is installed underwater and underground to maximize safety.
Rolls-Royce has significant nuclear skills, a large existing nuclear supply chain and a long-standing presence in a number of key phases of the nuclear programme. These skills include providing advice to governments and operators, supply chain management and manufacturing and technical engineering support.
In the US, Rolls-Royce has a strong footprint in nuclear technology, services and instrumentation and controls. The company has operations in Williamson, NY; Moon Township, PA; Chattanooga, TN and Huntsville, AL, employing nearly 350 people. In North America, Rolls-Royce employs more than 9,300 people across 26 states.
- Rolls-Royce is a world-leading provider of power systems and services for use on land, at sea and in the air, and has established a strong position in global markets - civil aerospace, defence aerospace, marine and energy.
- As a result of this strategy, Rolls-Royce has a broad customer base comprising more than 300 airlines, 4,000 corporate and utility aircraft and helicopter operators, 160 armed forces, more than 4,000 marine customers, including 70 navies, and energy customers in more than 80 countries.
- Annual underlying revenue was $19.5* billion in 2012, of which more than half came from the provision of services. The firm and announced order book stood at $110.7 billion at 30 June 2013, providing visibility of future levels of activity.
- Rolls-Royce employs over 45,000 people in offices, manufacturing and service facilities in over 50 countries. Over 14,000 of these employees are engineers.
- In 2012, Rolls-Royce invested $1.47 billion on research and development, two thirds of which had the objective of further improving the environmental performance of its products, in particular reducing emissions.
- Rolls-Royce supports a global network of 28 University Technology Centres, which connect the company's engineers with the forefront of scientific research.
- The Group has a strong commitment to apprentice and graduate recruitment and to further developing employee skills.
- In North America, Rolls-Royce employs more than 9,300 people in 66 locations in 26 states and 7 sites in 6 Canadian provinces. In the United States, Rolls-Royce employs more than 7,700 people in 26 states.
- In the U.S., Rolls-Royce operates 15 manufacturing, assembly or test facilities in 10 states including California, Indiana, Louisiana, Maryland, Massachusetts, Mississippi, Ohio, Texas, Virginia and Washington.
- NuScale Power LLC is majority owned by Fluor Corporation, a Fortune 110 engineering, procurement, construction and maintenance organisation.
* Assumed exchange rate: £1.00= $1.60