SNC-Lavalin has signed an agreement to accelerate the development of US-based Holtec International’s SMR-160 small modular reactor programme.
The work will be undertaken with a long-term goal of developing and deploying SMR-160 power plants worldwide.
Under the collaboration, SNC-Lavalin will initially provide a range of nuclear engineering services such as supporting licensing of the SMR-160 reactor. The partnership will also combine SNC-Lavalin’s Nuclear team with Holtec’s SMR team to support ongoing development and international licensing efforts.
SNC-Lavalin’s Nuclear team specialises in the designing and supplying of nuclear reactors, as well as related products and services. The team also holds development and marketing rights to the CANada Deuterium Uranium (CANDU) reactor technology.
SNC-Lavalin Nuclear chief nuclear officer and executive vice-president Preston Swafford said: “We know that the global nuclear market for safe, economic nuclear power continues to grow.
“Partnering with Holtec in the SMR-160 brings us a ‘walk away safe’ reactor design that will deliver a clean, affordable, reliable electricity supply around the world, satisfying regional and national power needs.”
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By GlobalDataImage: Layout of SMR-160 small modular reactor facility. Photo: courtesy of Holtec International.