The US Department of Energy (DOE) is poised to sweeten pros- pects for NuScale’s $6.1 billion frst-of-a-kind 720 MW small modular reactor (SMR) complex with an ostensibly massive increase in support — to the tune of $1.4 billion. The “multi- year award” is expected to be fnalized next week, ahead of a Sep. 15 deadline for participating members of project developer Utah Associated Municipal Power Systems (Uamps) to commit to the project’s next phase, which will cover development and submittal of a construction and operating license to the US Nuclear Regulatory Commission. The frst of 12 SMR modules, to be built at the Idaho National Laboratory (INL), is now slated for completion in 2029 instead of 2026, with the remaining 11 targeted for completion in 2030, and the targeted oftake price has been lowered to $55 per megawatt hour (in 2018 dollars) from the original $65/MWh.
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