Despite setbacks, NuScale again seeks gov't $$$
By Andy Giegerich
Sustainable Business Oregon editor
NuScale hopes to get money to help produce its small-scale nuclear reactors.
The Corvallis small-scale nuclear reactor maker NuScale Power LLC again wants a chunk of impending Energy Department grants.
NuScale confirmed it’s trying to land money after the Department of Energy’s “funding opportunity announcement” last week. The department said it will provide investments to private industry to back design, licensing and manufacturing of small modular reactors.
The company is back at the table after losing out on a bid to collect as much as $50 million in energy grants last year. The company wanted the money to defray costs required to help get a federal design certification of its modular nuclear reactor.
NuScale had applied for part of the government’s $452 million grant package last year.
The company says it has “an innovative technology for building safer, smaller, scalable nuclear power plants.”
The company hosted a customer advisory board meeting last week. The company has worked on pre-application efforts with the U.S. Nuclear regulatory commission since 2008.
If you are commenting using a Facebook account, your profile information may be displayed with your comment depending on your privacy settings. By leaving the 'Post to Facebook' box selected, your comment will be published to your Facebook profile in addition to the space below.