Business news from Ukraine

Business news from Ukraine

US Holtec may invite Energoatom specialists to build SMR-300 reactor at US NPP

American Holtec International has invited Energoatom specialists to join the project team that will work on the deployment of the SMR-300 small modular reactor (SMR) at the Palisades NPP site in the United States.

This was announced by Energoatom with reference to Holtec President and CEO Chris Singh on its Telegram channel on Wednesday.

“Participation of Energoatom representatives at the stages of construction, testing and commissioning of SMR at the Palisades NPP site (USA) will allow the company to gain experience for further implementation of this technology in Ukraine,” the NNEGC noted.

According to Energoatom CEO Petro Kotin, the invitation of the company’s specialists to the Holtec project team is another evidence of the high confidence in Ukraine and Energoatom from strategic partners.

“We are pleased to receive this invitation, which demonstrates not only support in this difficult time for the country, but also recognizes the high professionalism and competence of our nuclear scientists,” he emphasized.

Earlier, Holtec received a $1.52 billion loan from the US Department of Energy to restart the Palisades NPP, with two SMR-300 reactors planned to be deployed at the plant.

As reported, Energoatom and Holtec have implemented a project for the construction and commissioning of the Centralized Spent Fuel Storage Facility in Ukraine (CSFSF).

The companies also reached an agreement on the implementation of two large-scale projects in Ukraine: the construction of a plant for the production of SMR components and the construction of a plant for the production of components for the Centralized SFSF, which have been produced in the United States until now.

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