NuScale Power and Nucor Corporation have embarked on a momentous journey together by signing a Memorandum of Understanding to explore the co-location of NuScale's VOYGR™ small modular nuclear reactor power plants with Nucor's Electric Arc Furnace steel mills.
This collaboration aims to provide clean and dependable baseload electricity to Nucor's mills while also delving into an expanded manufacturing partnership, wherein Nucor would supply Econiq™, its net-zero steel products, for NuScale projects.
Under the MOU, the two companies will assess site suitability, transmission interconnection capabilities, and capital costs for potential NuScale plants near Nucor EAF steel mills to provide carbon-free electricity. Additionally, NuScale will explore the feasibility of establishing a manufacturing facility for NuScale Power Modules™ in proximity to a Nucor facility.
NuScale's VOYGR power plants offer scalable configurations capable of producing up to 924MWe of output, making them ideal for industrial applications that require highly reliable carbon-free energy.
As the first and only SMR design certified by the U.S. Nuclear Regulatory Commission, NuScale's VOYGR plants boast fully passive safety features, eliminating the need for an external grid connection for crucial safety functions. This allows for greater flexibility in siting the plants near industrial users like Nucor, including improved Emergency Planning Zone boundaries.
Source: SteelGuru
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