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US extends tax credit for nuclear new build; GE Hitachi joins Holtec SMR project

GE Hitachi, Global Nuclear Fuel join Holtec SMR project
GE Hitachi Nuclear Energy (GEH) and Global Nuclear Fuel (GNF) have agreed to help accelerate the development of Holtec's SMR‐160 design.
"The cooperation will initially include nuclear fuel development supported by GNF and control rod drive mechanisms designed by GEH and may later extend to other areas," the companies said in a statement February 15.
Holtec's SMR-160 is a single loop, 160 MWe pressurized light water reactor (LWR). On January 31, the companies submitted a request for federal funding support through the U.S. Department of Energy's funding opportunity DE-FOA-0001817. The project partners aim to take advantage of new testing platforms which would demonstrate passive safety system performance and help accelerate the licensing of SMR reactors, they said.
Holtec’s new partners will "ensure that the SMR-160 supply chain can deliver and fabricate critical SMR-160 technologies and components at our new Advanced Manufacturing Division in Camden, New Jersey," Kris Singh, Holtec President and CEO, said.
“By utilizing our combined strengths, we can accelerate commercialization of this technology,” Jay Wileman, GEH President and CEO, said.
Other partners in the SMR-160 project include Canadian engineering and construction company SNC-Lavalin, Japan's Mitsubishi Electric Co. (MELCO) and New Jersey energy company PSEG Power.
In July 2017, Holtec and SNC-Lavalin agreed to accelerate the development of the SMR-160.
Holtec launched its SMR-160 development program in 2010 and is one of only a handful of small modular reactor developers which have submitted designs to the U.S. Nuclear Regulatory Commission (NRC). The design is currently in the pre-application phase, according to the NRC's website.
In parallel, the SMR-160 partners are surging ahead with development plans in Canada, where there are numerous deployment opportunities and the regulatory scheme is considered less prescriptive than in the U.S. The partners are set to enter Canada's Pre-Licensing Vendor Design Review process.
Canada's pre-licensing vendor design reviews
(Click image to enlarge)

Data source: Canadian Nuclear Safety Commission (CNSC), February 2018.
Holtec estimates replica SMR-160 units could be built within a 36-month timeframe and an efficient development and licensing processes could put the design at the forefront of SMR deployment. SNC-Lavalin completed all of its last seven new build projects on budget and on schedule.
GEH: Multiple projects
GEH is already involved in the development of the ARC-100 SMR sodium-cooled reactor.
Last year, GEH and ARC nuclear announced they would jointly develop and license the ARC-100 design based on their sodium-cooled technologies.
In August, GEH agreed to provide engineering and design expertise to ARC Nuclear to advance the development and licensing of the ARC-100. GE Hitachi nuclear energy will license to ARC Nuclear the intellectual property associated with its PRISM advanced reactor design and provide ARC Nuclear access to tools and resources covering nuclear power quality, safety and training.
The ARC-100 began Canada's Pre-Licensing Vendor Design Review process in the fall of 2017, according to data from the Canadian Nuclear Safety Commission (CNSC).