We are pleased to observe that the mounting demand for clean and reliable base load energy generation is fueling strong interest from many countries that view our inherently safe and economically viable SMR-160 small modular reactor (SMR) as the solution for reducing their carbon footprint.
Holtec International’s SMR, LLC has successfully completed Phase 1 of the Canadian Nuclear Safety Commission (CNSC) “Pre-Licensing Review of a Vendor’s Reactor Design” for its small modular reactor design, the SMR‑160.
We are pleased to announce that Kiewit Power Constructors Co. of Omaha, Nebraska, a national leader in cost-competitive construction of combined cycle power plants, has joined Team Holtec as the latest member of a band of illustrious companies dedicated to the renaissance of nuclear energy.
We mark the tenth anniversary of the birth of our SMR-160 small modular reactor this month buoyed by the thought that its promise to render nuclear energy generation as benign as solar and wind – its kindred carbon free technologies – has been realized in full measure.
Holtec and Framatome have entered into an agreement to enable completion of all necessary engineering to fuel the SMR-160 with Framatome’s commercially available and well-proven 17 x 17 GAIA fuel assembly.
We bid a fond goodbye to 2019 which will stand out in our company’s annals as a watershed year when we began the implementation of several new ambitious initiatives that will shape our endeavors for decades to come.
Ukraine’s national nuclear operator NAEK Energoatom, the nation’s State Scientific and Technology Center, and Holtec International ratified the creation of a consortium partnership that binds the three companies into a cooperative undertaking to chaperone the deployment of the SMR-160 small modular reactors in the country.
The winter meeting of the Holtec Advisory Council for SMR-160 was attended by invited industry experts from several leading organizations, including Bruce Power, Energoatom (Ukraine), Entergy, Exelon Generation, Southern, Talen Energy, NEI, SNC-Lavalin, Mitsubishi Electric, and several major suppliers which constituted a robust review team encompassing virtually all aspects of the SMR-160 program.
We are pleased to announce that Holtec International and NAEK Energoatom, Ukraine’s national nuclear operator, have signed a Memorandum-of-Understanding that envisages Ukraine to adopt the SMR-160 technology to meet its projected needs for clean power in the latter half of the next decade.
The year 2017 will be remembered as a momentous year for our Company; it is the year when our 50-acre technology campus consisting of two heavy manufacturing plants and a modern seven-story office building on the Delaware River waterfront in the city of Camden opened for business.
Officials of the Mitsubishi Electric Co., their US subsidiary Mitsubishi Electric Power Products, Inc. and Holtec held strategic alliance discussions at the Holtec Technology Campus in Camden, New Jersey to reinforce their resolve to forge ahead with renewed vigor to complete the licensing of SMR-160 and to broaden their cooperation.