GE Hitachi Nuclear Energy (GEH) has signed a project development memorandum of understanding (MoU) with Finnish software and systems engineering firm Space Systems Finland (SSF).

Under the terms of the deal, the companies will look into potential opportunities to collaborate on future nuclear power plant projects around the world, as well as in Finland.

In addition, Finnish utility Teollisuuden Voima Oyj (TVO) has unveiled its plans to build a fourth reactor at its Olkiluoto nuclear power station. It is now evaluating several different reactor technologies for the project, including GEH’s Generation III+ economic simplified boiling water reactor design (ESBWR).

GEH’s ESBWR uses natural circulation and passive safety technology and is the world’s safest available reactor design as measured by industry standards.

As part of the agreement, SSF will support GEH in making sure that the ESBWR’s advanced digital instrumentation and controls systems can be licensed in Finland.

SSF will review the design, as well as identify and recommend any system architectural modifications necessary for the ESBWR design to comply with Finland’s special regulatory requirements.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

GEH, an alliance between General Electric and Japan’s Hitachi, is a designer of advanced boiling water reactor technology and services.

SSF specialises in the validation and verification of safety critical software for various industrial sectors, including the aerospace and utility industries.

The MoU with SSF is part of GEH’s ongoing strategy to expand its local nuclear supplier network in Finland and complement its proven global supply chain.

Previously, GEH has signed a project development memorandum of understanding (MoU) with Fluor Corp for a potential new nuclear power project in Finland in October 2011.