GE Hitachi Nuclear Energy (GEH) has signed a new development agreement with Advanced Reactor Concepts (ARC Nuclear) to develop and license the ARC-100 advanced small modular reactor (aSMR).
Under the arrangement, GEH aims to transfer intellectual property rights related to its PRISM advanced reactor design to ARC Nuclear.
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ARC Nuclear will also be able to gain access to GEH’s nuclear infrastructure programmes associated with quality, safety culture, training, processes, procedures, and tools.
In addition, GEH will make a contribution to ARC Nuclear to offer engineering and design expertise.
GEH nuclear plant projects executive vice-president Jon Ball said: “This new agreement recognises that GEH and ARC Nuclear each have significant experience, investment, and intellectual property in sodium fast reactor technology derived from Argonne National Laboratory’s successful EBR-II reactor, which operated for more than 30 years at Idaho Falls, Idaho.”
The latest agreement between GEH and ARC Nuclear follows a collaboration announced in March this year to progress the development of ARC-100 design for the global power generation industry with initial deployment in Canada.
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By GlobalDataBoth the companies are currently working to begin a preliminary regulatory review of the ARC-100 by the Canadian Nuclear Safety Commission through its Vendor Design Review process.
A joint engineering team from GEH and ARC Nuclear is also working to advance the ARC-100 design.
