Presenter: Jose N. Reyes, Ph.D.
Chief Technology Officer
An Overview of the NuScale SMR
NuScale is developing a 45 MWe power module that includes a factory-built nuclear reactor and containment vessel. Those modules can be delivered to a site and installed in a variety of configurations, up to a 12-module, 540-MWe plant. One indication of the interest in the concept is that NuScale recently was selected for a $226M matching grant by the U.S. Department of Energy for development of its SMR. Dr. Reyes will present an overview of NuScale's technology and the company's innovative approach to safety, economics, and scalability.
Presenter: Paul Murphy,
Special Counsel / Project Finance Group
Milbank, Tweed, Hadley & McCloy LLP
Development and Financing of SMR Projects
Financing is considered to be the biggest challenge in bringing nuclear power projects to market. However, there is hope that by resolving some of the uncertainty in delivery dates, small modular reactors may be easier for lenders and investors to accept. Mr. Murphy will examine whether such optimism in regards to SMRs is well-founded and where classic nuclear challenges and risks to financiers still remain. In addition, there will be discussion on how regulatory uncertainty and "first of a kind" issues might be dealt with in order to increase the possibility of success for SMRs.
Senior Editor, Mechanical Engineering
Jeffrey Winters is Senior Editor at ASME's magazine, Mechanical Engineering, where he has focused on energy and related issues. Mr. Winters has written about a wide variety of science and technology topics since the early 1990s, with his work appearing in magazines such as Discover, The Sciences, Popular Science, and Psychology Today.