A four-way nuclear technology agreement has been signed with the goal of licencing and deploying GE Hitachi Nuclear Energy’s (GEH) BWRX-300 small modular reactor design in Canada, the US, Poland and beyond.
The agreement was signed on Thursday (23 March) in Washington by GE Hitachi Nuclear Energy and Tennessee Valley Authority (TVA) of the US, Canada’s Ontario Power Generation (OPG) and Poland’s Synthos Green Energy.
The four companies said they are “teaming up for global deployment of GEH BWRX-300 small modular reactor”.
The agreement will see TVA, OPG and SGE invest in the development of the BWRX-300 standard design and detailed design for key components, including reactor pressure vessel and internals.
GEH said it expects total investment of around $400m (€368m) associated with the development.
The agreement was signed on Thursday (23 March) in Washington by GE Hitachi Nuclear Energy and Tennessee Valley Authority (TVA) of the US, Canada’s Ontario Power Generation (OPG) and Poland’s Synthos Green Energy.
The four companies said they are “teaming up for global deployment of GEH BWRX-300 small modular reactor”.
The agreement will see TVA, OPG and SGE invest in the development of the BWRX-300 standard design and detailed design for key components, including reactor pressure vessel and internals.
GEH said it expects total investment of around $400m (€368m) associated with the development.
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