SGE, GE Vernova, Hitachi and Samsung C&T have signed a memorandum of understanding (MoU) establishing a framework for cooperation on market development and commercial opportunities for the deployment of the BWRX-300 small modular reactor (SMR) in Central and Eastern Europe and the United Kingdom.
The MoU was signed in New York during the Atlantic Council Nuclear Energy Policy Summit, held on the sidelines of the United Nations General Assembly.
The agreement is linked to a broader memorandum of cooperation for SMR deployment in third countries signed on the margins of this year’s Nato summit by US secretary of state Marco Rubio, Japan foreign minister Motegi Toshimitsu, and South Korea’s foreign minister Cho Hyun.
The US Department of State has specifically identified the initiative among GE Vernova, Hitachi, Samsung C&T and SGE as a concrete industry effort to advance BWRX-300 deployment across Europe and deepen government-industry cooperation on global energy security.
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