NuScale signs MoU with Bruce Power

18 December 2018

NuScale Power has signed a memorandum of understanding (MOU) with Bruce Power L.P., to develop a business case to introduce NuScale’s small modular reactor (SMR) technology to the Canadian market. This latest agreement demonstrates the growing enthusiasm in Canada for NuScale’s nuclear technology.

Through the agreement, Bruce Power will support evaluation, planning and licensing activities, all of which will serve an important role in demonstrating the business case for why NuScale’s technology is the right choice for Ontario and Canada. This will include studies on the impacts of deployment of a NuScale plant in the province, feasibility studies for proposed SMR sites, and other risk evaluation exercises to show how SMR deployment can benefit Canadians.

Bruce Power is a privately-owned operator of nuclear power generating stations and provides 30% of the power delivered in the Province of Ontario at 30% below the average cost to produce residential power through its operation of approximately 6,400 MW of nuclear generation capacity.

The announcement follows an MOU that NuScale signed recently with Ontario Power Generation Inc. to support NuScale in its vendor design review with the Canadian Nuclear Safety Commission.

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