Discover and read the best of Twitter Threads about #NuScale

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🤓 time for a update on $SMR @NuScale_Power’s pilot project!

#nuscale is hoping to complete the *first* small modular #nuclear reactor #SMR in the USA in 2030, for UAMPS — a utah based energy buying group that supports dozens of small-town energy companies. 🧵 Image
#nuscale's VOYGR is a pressurised water reactor, with 2 key features:
• simplification & passive safety features reduce size & complexity
• small modular units, allowing increased proportion to be made offsite and benefit from manufacturing economies of scale. (wright's law!) Image
i wrote detailed threads in aug 2020 and jul 2021 providing detail on the project’s (fairly complex) commercial structure. if you’d like to catch up / deep dive, follow the linked thread:

Read 30 tweets
Ocean Wall’s ion U - #uranium market update @lawse ImageImageImageImage
News flow remains positive as the #uranium sector started to decouple from broader market headwinds over the past week. Close to $2bn added to the sectoral market cap, and the spot price sitting just below $50/lb mid-week.
- #Canadian regulatory amendments had US-bound EUP stranded in St Petersburg
- Further speculation suggests Germany could be pivoting on their nuclear phaseout strategy
- #Nuclear gets a boost at the #G7 Summit with Biden pledging $14m for #NuScale project in #Romania
Read 4 tweets
🧵 many #nuclear hopes are riding on small modular reactors.

@NuScale_Power's #SMR is closest to market. customer for pilot plant is a group of utilities, herded by @SmartEnergy1.

in july only 213 of 720MW (30%) was subscribed.
subscriptions have since dropped to 104MW (14%)…
of the 36 towns in #nuscale's pilot project, the "carbon free power project" #CFPP:
• 8 towns have withdrawn entirely
• 24 reduced their share entitlement
• 3 maintained identical entitlement
• 1 joined (token level).…
with the planned 12 module plant undersubscribed, #nuscale is now looking at downsizing to either 4 or 6 modules.

counteracting this fall of subscriptions, nuscale has uprated modules from 60MWe to 77MWe each.

as such, nuscale now has 33% subscriptions for a 4 module plant…
Read 5 tweets

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