Plans set for small modular reactor nuclear power plant in Estonia

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The small modular reactor nuclear power plant in Estonia, scheduled to go online in 2032, could be built in the upcoming years by GE Hitachi, Nuscale, or Rolls-Royce. The nuclear power plant’s developer, Fermi Energia, has released a request for proposals for the construction of the next-generation compact modular reactor. All three firms have already started the planning process with the appropriate regulators. Furthermore, they have plans to build power facilities in larger nations.

Fermi Energia will choose the technology in February 2023 after awaiting cost estimates that are due in December. Manager Kalev Kallemets said in a statement that the organization has been debating what technology should be utilized since 2019. It has in the process drawn out many choices.

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Support for small modular reactor nuclear power plant in Estonia

Nuscale, GE Hitachi, and Rolls-Royce are supported by the United States and the United Kingdom, respectively, according to Chief Technology Officer Marti Jeltsov. “In the most recent years, all three organizations have attained design maturity. This provides critical protection for projects’ viability. A new generation of compact reactors has entered the market. Thus it has given Fermi Energia the chance to select a technology more quickly than anticipated “he added.

The BWRX-300 compact reactor from GE Hitachi has served as Fermi Energia’s standard technology in nearly ten studies so far. Furthermore, work on its building is already under way at a facility not far from Toronto, Canada.

In the coming years, Nuscale and Rolls-Royce intend to begin their first builds. Fermi Energia aims to construct a reactor. This is in order to ensure that its customers’ electricity is produced regardless of the weather. Long-term fixed pricing will begin at 55 euros per megawatt-hour.