GE Hitachi Nuclear Energy & ARC Nuclear to Commercialize Advanced Small Modular Reactor
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GE Hitachi Nuclear Energy (GEH) and Advanced Reactor Concepts LLC (ARC Nuclear) announced steps to advance their collaboration to develop and license the ARC-100 advanced small modular reactor (aSMR).
Through a newly-signed Development Agreement, GEH intends to license intellectual property associated with its PRISM advanced reactor design to ARC Nuclear. GEH has also agreed to provide to ARC Nuclear access to nuclear infrastructure programs related to quality, safety culture, training, processes, procedures and tools. In addition, GEH will make an in-kind contribution to ARC Nuclear through its agreement to provide engineering and design expertise.
"Our work to date with the GEH team has validated our expectation of the synergy of combining ARC Nuclear's senior engineers with their deep sodium fast reactor operational and design experience as key members of EBR-II prototype program with GEH's next generation of nuclear engineers and designers with their proven competence in modern nuclear design," said Don Wolf, Chairman and CEO, ARC Nuclear. "We are clearly seeing how the power of this engineering collaboration and GEH's infrastructure can give us a leap forward in reducing both time to market and development costs."
"This new agreement recognizes 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," said Jon Ball, Executive Vice President, Nuclear Plant Projects, GEH. "At GEH, we are excited to see how this complementary collaboration will allow us to further accelerate commercialization of this technology with ARC Nuclear."
The companies announced a collaboration in March 2017 to progress the ARC-100 design for global power generation with initial deployment in Canada. GEH and ARC Nuclear are working to commence a preliminary regulatory review of the ARC-100 by the Canadian Nuclear Safety Commission through its Vendor Design Review process. At the same time, a joint GEH-ARC Nuclear engineering team is working to advance the ARC-100 design.
GEH and ARC Nuclear have agreed to re-examine their relationship upon completion of the Canadian Vendor Design Review and give consideration to focus for the ARC-100 beyond Canada.