IRVING, Texas–(BUSINESS WIRE)–Fluor Corporation (NYSE: FLR) today announced that Japan’s JGC Holdings Corporation has invested in $40 million Fluor is a major investor in NuScale Power LLC, a leading Small Modular Reactor (SMR) technology company.

How many NuScales does Fluor own?

By the end of 2017, Fluor had invested in over $475 million at NuScale. Several other key strategic partners also provide a small portion of NuScale’s financial support.

Which company owns NuScale?

While OSU, ARES Corporation, ENERCON, Ultra, DHIC, and Sargent & Lundy all have minority stakes in NuScale, Fluor Corporation (Fluor) is currently the lead investor and lead strategic investor in NuScale.

Is NuScale publicly traded?

NuScale Power is a US private company Design and sale of Small Modular Reactors (SMRs). It is headquartered in Tygard, Oregon, USA.

How long will the NuScale reactor last?

The reactor building is capable of withstanding aircraft impacts under the NRC’s Aircraft Impact Rules. A 12-module NuScale plant can provide 154 MWe for mission-critical facility microgrids 12 years No new fuel after catastrophic loss of off-site grid and transportation infrastructure.

Virtual Signing Ceremony: Samsung C&T, NuScale Power and Fluor Corporation

29 related questions found

How much does a NuScale reactor cost?

NuScale’s estimated like-for-like (NOAK) overnight capital cost is ~$3,600/kWbacked by our AACE Class IV cost estimates, compared to more than $9,000/kW for recent large nuclear power plant projects in Georgia and South Carolina.

How much does SMR cost?

NuScale estimates its first factory will cost less than $3 billion to build overnight Capital cost $5,078/kWh. But the real power of SMRs is that they don’t melt.

Can you buy TerraPower stock?

Can the public invest in Terra Energy? If TerraPower is a private company, is there a way for retail investors to influence the company’s trajectory? indirectly, Yes. Investors can invest in a detour thanks to TerraPower’s multiple partnerships.

How many employees does NuScale have?

NuScale Power has 501 to 1,000 employees. Where is NuScale Power Headquartered? NuScale Power is headquartered at 1100 NE Circle Blvd., Suite 200 Corvallis, Oregon.

What fuel does NuScale use?

Recycled fuel or mixed uranium-plutonium oxide (MOX) fuelA suitable fuel for NuScale reactors.

Who is making small modular reactors?

NuScale Our groundbreaking Small Modular Reactor (SMR) led the world into the future of energy and made history—the first-ever reactor to receive design approval from the U.S. Nuclear Regulatory Commission.

How long does it take to build Smrs?

The estimated construction time for the SMR is three to five years, while large reactors take 6 to 12 years. And it is possible to build reactors with individual modules or use units in combination for greater power output.

How big is the NuScale reactor?

Reactor measures 65 feet high x 9 feet diameter. It is located in a 76′ high x 15′ diameter containment vessel. The reactors and containment vessels operate in water-filled pools built underground.

Which nuclear elements can be recovered from the ocean?

more than 4 billion tons uranium Fuel from seawater can now power a thousand 1,000-megawatt nuclear power plants for 100,000 years. It is the uranium extracted from seawater that is constantly replenished, so nuclear power becomes as infinite as solar, hydro and wind power.

How big is the SMR?

Small Modular Reactor (SMR) is defined as Nuclear reactors typically 300 MWe equivalent or lessadopts modular technology design, adopts modular factory manufacturing, pursues the economy of mass production and short construction time.

What type of reactor is NuScale?

NuScale power modules are Advanced Light Water Small Modular Reactor capable of generating 60 megawatts of electricity. Each power plant can hold up to 12 modules, which will be factory built, about one-third the size of a large reactor.

Is TerraPower safe?

Despite the notoriety of nuclear power, It’s actually the safest way to generate electricity in terms of deaths per unit of electricity generated, according to Gates. TerraPower’s sodium reactor plant will be safer, thanks in large part to more reliable cooling systems for its reactors.

Where does TerraPower get its uranium?

Sodium is also non-corrosive. Sodium is fueled with high-level, low-enriched uranium (HALEU). HALEU is enriched to contain 5% to 20% uranium, which can be obtained from Spent fuel from other nuclear power plants.

Who founded Terra Energy?

TerraPower – a nuclear innovation company

TerraPower was founded in Bill Gates Together with a group of like-minded visionaries, they decided the private sector needed to act to develop advanced nuclear energy to meet growing electricity demand, mitigate climate change and lift billions out of poverty.

Is SMR cheaper?

While the exact level of cost reduction is open to speculation, a 2017 study suggests that factory-produced pressurized water SMRs may 15% to 40% cheaper than traditional The plant was scaled up to provide the same power output.

Are we running out of uranium?

According to the NEA, the total identified uranium resource is 5.5 million tonnes, with an additional 10.5 million tonnes undiscovered– At today’s consumption rate, there is a total of about 230 years of supply. … using only the NEA’s estimated supply, breeder reactors could match today’s nuclear output by 30,000 years.

What is the smallest nuclear reactor?

EGP-6 It is a Russian small nuclear reactor design. It is a scaled down version of the RBMK design. As an RBMK, EGP-6 uses water for cooling and graphite as a neutron moderator. It is the smallest commercial nuclear reactor in the world.