{"id":741053,"date":"2023-03-18T07:48:57","date_gmt":"2023-03-18T11:48:57","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/u-s-nuclear-regulatory-commission-to-commence-technical-review-of-nuscale-powers-second-standard-design-approval-application\/"},"modified":"2023-03-18T07:48:57","modified_gmt":"2023-03-18T11:48:57","slug":"u-s-nuclear-regulatory-commission-to-commence-technical-review-of-nuscale-powers-second-standard-design-approval-application","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/u-s-nuclear-regulatory-commission-to-commence-technical-review-of-nuscale-powers-second-standard-design-approval-application\/","title":{"rendered":"U.S. Nuclear Regulatory Commission to Commence Technical Review of NuScale Power\u2019s Second Standard Design Approval Application"},"content":{"rendered":"<p>        <!--.bwalignc { text-align: center; list-style-position: inside }\n.bwuline { text-decoration: underline }body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p class=\"bwalignc\"><b>U.S. Nuclear Regulatory Commission to Commence Technical Review of NuScale Power\u2019s Second Standard Design Approval Application<\/b><\/p>\n<p>PORTLAND, Ore.&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<br \/>\nToday, the U.S. Nuclear Regulatory Commission (NRC) announced that it will begin the technical review of NuScale Power Corporation\u2019s (NYSE: SMR) second Standard Design Approval (SDA) application. NuScale, the industry-leading provider of innovative advanced nuclear small modular nuclear reactor (SMR) technology, submitted the application in late 2022, which is based on the VOYGR<sup>TM<\/sup>-6 (6-module) power plant configuration powered by an uprated 250 MWt (77 MWe) SMR design. The design reflected in this application features the same fundamental safety case and passive safety features approved by the NRC in 2020, with a focus on the power uprate and select design changes to support customers\u2019 capacity needs and further improve economics.\n<\/p>\n<p>\n\u201cThe commencement of the NRC\u2019s review brings us closer to another important regulatory milestone and the commercialization our SMR technology, which will provide affordable, carbon-free power to our customers,\u201d said John Hopkins, President and Chief Executive Officer of NuScale. \u201cWe look forward to working alongside the NRC toward the achievement of our second design approval.\u201d\n<\/p>\n<p><b>About NuScale Power<\/b><\/p>\n<p>\nNuScale Power Corporation (NYSE: SMR) is the industry-leading provider of proprietary and innovative advanced small modular reactor nuclear technology, with a mission to help power the global energy transition by delivering safe, scalable, and reliable carbon-free energy. The company\u2019s groundbreaking VOYGR\u2122 SMR plants are powered by the NuScale Power Module\u2122, a small, safe, pressurized water reactor that can each generate 77 megawatts of electricity (MWe) or 250 megawatts thermal (gross), and can be scaled to meet customer needs through an array of flexible configurations up to 924 MWe (12 modules) of output.\n<\/p>\n<p>\nAs the first and only SMR to have its design certified by the U.S. Nuclear Regulatory Commission, NuScale is well-positioned to serve diverse customers across the world by supplying nuclear energy for electrical generation, district heating, desalination, commercial-scale hydrogen production, and other process heat applications.\n<\/p>\n<p>\nFounded in 2007, NuScale is headquartered in Portland, Ore. To learn more, visit NuScale Power\u2019s <span class=\"bwuline\"><b><a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.nuscalepower.com%2F&amp;esheet=53363993&amp;newsitemid=20230317005406&amp;lan=en-US&amp;anchor=website&amp;index=1&amp;md5=9dbeba0ce2aa5700333b98c0296e3b76\">website<\/a><\/b><\/span> or follow us on <span class=\"bwuline\"><b><a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Ftwitter.com%2Fnuscale_power&amp;esheet=53363993&amp;newsitemid=20230317005406&amp;lan=en-US&amp;anchor=Twitter&amp;index=2&amp;md5=4d4934175cdfc564fb607c0d2ea1bcf3\">Twitter<\/a><\/b><\/span>, <span class=\"bwuline\"><b><a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.facebook.com%2Fnuscalepowercorp&amp;esheet=53363993&amp;newsitemid=20230317005406&amp;lan=en-US&amp;anchor=Facebook&amp;index=3&amp;md5=a95f891c9f346e32c589ef265177758c\">Facebook<\/a><\/b><\/span>, <span class=\"bwuline\"><b><a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.linkedin.com%2Fcompany%2Fnuscale-power&amp;esheet=53363993&amp;newsitemid=20230317005406&amp;lan=en-US&amp;anchor=LinkedIn&amp;index=4&amp;md5=04f0962d6f94ca72e73eba4d8a506d59\">LinkedIn<\/a><\/b><\/span>, <span class=\"bwuline\"><b><a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.instagram.com%2Fnuscale_power%2F&amp;esheet=53363993&amp;newsitemid=20230317005406&amp;lan=en-US&amp;anchor=Instagram&amp;index=5&amp;md5=c804d0a7e286f29580a3906fd60726ad\">Instagram<\/a><\/b><\/span><b \/>and <span class=\"bwuline\"><b><a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.youtube.com%2Fchannel%2FUCcPqU1xnFGtkTWX5HeP2u1A&amp;esheet=53363993&amp;newsitemid=20230317005406&amp;lan=en-US&amp;anchor=YouTube&amp;index=6&amp;md5=6b7d086fc024b9089fdc2a53ead5a062\">YouTube<\/a><\/b><\/span>.\n<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20230317005406r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20230317005406\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20230317005406\/en\/<\/a><\/span><\/p>\n<p><b>Media Contact<br \/>\n<\/b><br \/>Diane Hughes, Vice President, Marketing &amp; Communications, NuScale Power<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:dhughes@nuscalepower.com\">dhughes@nuscalepower.com<br \/>\n<\/a><br \/>(503) 270-9329\n<\/p>\n<p><b>Investor Contact<br \/>\n<br \/><\/b>Scott Kozak, Director, Investor Relations, NuScale Power<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:skozak@nuscalepower.com\">skozak@nuscalepower.com<br \/>\n<\/a><br \/>(541) 452-7583\n<\/p>\n<p><b>KEYWORDS:<\/b> United States North America Oregon<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Energy White House\/Federal Government Nuclear Other Energy Public Policy\/Government<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\">\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Logo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20230317005406\/en\/839209\/3\/Nuscale_Logo.jpg\" alt=\"Logo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>U.S. Nuclear Regulatory Commission to Commence Technical Review of NuScale Power\u2019s Second Standard Design Approval Application PORTLAND, Ore.&#8211;(BUSINESS WIRE)&#8211; Today, the U.S. Nuclear Regulatory Commission (NRC) announced that it will begin the technical review of NuScale Power Corporation\u2019s (NYSE: SMR) second Standard Design Approval (SDA) application. NuScale, the industry-leading provider of innovative advanced nuclear small modular nuclear reactor (SMR) technology, submitted the application in late 2022, which is based on the VOYGRTM-6 (6-module) power plant configuration powered by an uprated 250 MWt (77 MWe) SMR design. The design reflected in this application features the same fundamental safety case and passive safety features approved by the NRC in 2020, with a focus on the power uprate and select design changes to &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/u-s-nuclear-regulatory-commission-to-commence-technical-review-of-nuscale-powers-second-standard-design-approval-application\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;U.S. Nuclear Regulatory Commission to Commence Technical Review of NuScale Power\u2019s Second Standard Design Approval Application&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-741053","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>U.S. Nuclear Regulatory Commission to Commence Technical Review of NuScale Power\u2019s Second Standard Design Approval Application - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/u-s-nuclear-regulatory-commission-to-commence-technical-review-of-nuscale-powers-second-standard-design-approval-application\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"U.S. Nuclear Regulatory Commission to Commence Technical Review of NuScale Power\u2019s Second Standard Design Approval Application - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"U.S. Nuclear Regulatory Commission to Commence Technical Review of NuScale Power\u2019s Second Standard Design Approval Application PORTLAND, Ore.&#8211;(BUSINESS WIRE)&#8211; Today, the U.S. Nuclear Regulatory Commission (NRC) announced that it will begin the technical review of NuScale Power Corporation\u2019s (NYSE: SMR) second Standard Design Approval (SDA) application. NuScale, the industry-leading provider of innovative advanced nuclear small modular nuclear reactor (SMR) technology, submitted the application in late 2022, which is based on the VOYGRTM-6 (6-module) power plant configuration powered by an uprated 250 MWt (77 MWe) SMR design. The design reflected in this application features the same fundamental safety case and passive safety features approved by the NRC in 2020, with a focus on the power uprate and select design changes to &hellip; Continue reading &quot;U.S. Nuclear Regulatory Commission to Commence Technical Review of NuScale Power\u2019s Second Standard Design Approval Application&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/u-s-nuclear-regulatory-commission-to-commence-technical-review-of-nuscale-powers-second-standard-design-approval-application\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2023-03-18T11:48:57+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20230317005406r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/u-s-nuclear-regulatory-commission-to-commence-technical-review-of-nuscale-powers-second-standard-design-approval-application\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/u-s-nuclear-regulatory-commission-to-commence-technical-review-of-nuscale-powers-second-standard-design-approval-application\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"U.S. Nuclear Regulatory Commission to Commence Technical Review of NuScale Power\u2019s Second Standard Design Approval Application\",\"datePublished\":\"2023-03-18T11:48:57+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/u-s-nuclear-regulatory-commission-to-commence-technical-review-of-nuscale-powers-second-standard-design-approval-application\\\/\"},\"wordCount\":431,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/u-s-nuclear-regulatory-commission-to-commence-technical-review-of-nuscale-powers-second-standard-design-approval-application\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/cts.businesswire.com\\\/ct\\\/CT?id=bwnews&amp;sty=20230317005406r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/u-s-nuclear-regulatory-commission-to-commence-technical-review-of-nuscale-powers-second-standard-design-approval-application\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/u-s-nuclear-regulatory-commission-to-commence-technical-review-of-nuscale-powers-second-standard-design-approval-application\\\/\",\"name\":\"U.S. Nuclear Regulatory Commission to Commence Technical Review of NuScale Power\u2019s Second Standard Design Approval Application - 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NuScale, the industry-leading provider of innovative advanced nuclear small modular nuclear reactor (SMR) technology, submitted the application in late 2022, which is based on the VOYGRTM-6 (6-module) power plant configuration powered by an uprated 250 MWt (77 MWe) SMR design. The design reflected in this application features the same fundamental safety case and passive safety features approved by the NRC in 2020, with a focus on the power uprate and select design changes to &hellip; Continue reading \"U.S. Nuclear Regulatory Commission to Commence Technical Review of NuScale Power\u2019s Second Standard Design Approval Application\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/u-s-nuclear-regulatory-commission-to-commence-technical-review-of-nuscale-powers-second-standard-design-approval-application\/","og_site_name":"Market Newsdesk","article_published_time":"2023-03-18T11:48:57+00:00","og_image":[{"url":"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20230317005406r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/u-s-nuclear-regulatory-commission-to-commence-technical-review-of-nuscale-powers-second-standard-design-approval-application\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/u-s-nuclear-regulatory-commission-to-commence-technical-review-of-nuscale-powers-second-standard-design-approval-application\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"U.S. Nuclear Regulatory Commission to Commence Technical Review of NuScale Power\u2019s Second Standard Design Approval Application","datePublished":"2023-03-18T11:48:57+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/u-s-nuclear-regulatory-commission-to-commence-technical-review-of-nuscale-powers-second-standard-design-approval-application\/"},"wordCount":431,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/u-s-nuclear-regulatory-commission-to-commence-technical-review-of-nuscale-powers-second-standard-design-approval-application\/#primaryimage"},"thumbnailUrl":"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20230317005406r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/u-s-nuclear-regulatory-commission-to-commence-technical-review-of-nuscale-powers-second-standard-design-approval-application\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/u-s-nuclear-regulatory-commission-to-commence-technical-review-of-nuscale-powers-second-standard-design-approval-application\/","name":"U.S. Nuclear Regulatory Commission to Commence Technical Review of NuScale Power\u2019s Second Standard Design Approval Application - 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