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February 16, 2022

NuScale Power

NuScale Power and Poland's KGHM Polska Miedź S.A. (KGHM) will announce an agreement to initiate the deployment of NuScale's small modular reactor (SMR) technology. The definitive agreement between NuScale Power, whose SMR is the first and only small modular reactor to receive design approval from the U.S. Nuclear Regulatory Commission, and KGHM, a Poland-based leader in copper and silver production and large industrial energy user, will position KGHM as a clean energy implementation leader with the first deployment of SMRs in Poland. Under the agreement, NuScale will work with KGHM to support the deployment of SMR technology, and together, the organizations will take steps toward deploying a first NuScale VOYGR power plant in Poland as early as 2029, which would help Poland avoid up to 8M tons of CO2 emissions per year. The first task under the agreement will identify and assess potential project sites and develop project planning milestones and cost estimates. KGHM and NuScale first began their collaboration in September 2021, after the two parties signed a memorandum of understanding to collaborate in the development, licensing and construction of a NuScale VOYGR plant in Poland. NuScale is headquartered in Portland and has offices in Corvallis, OR; Rockville, MD; Charlotte, NC; Richland, WA and London, UK.




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