SNC-Lavalin and Holtec International have signed an agreement to jointly develop Holtec’s SMR-160, a small modular reactor capable of being deployed globally in both wet and arid environments. Under the terms of the agreement, SNC-Lavalin will provide Holtec with a range of nuclear engineering services including supporting the licensing of the SMR-160 reactor.
Preston Swafford, Chief Nuclear Officer and Executive Vice President, Nuclear for SNC-Lavalin, 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 and reliable electricity supply satisfying regional and nation state power needs. It is an ideal complement to our existing technology.”
SNC-Lavalin has been in detailed discussions with Holtec for several months to fully understand the differentiating design benefits of the SMR-160.
The SMR-160 is a passive, intrinsically safe small modular reactor that has the flexibility to be used in remote locations, in areas with limited water supplies or land, and in unique industrial applications where traditional larger reactors are not practical.