Part 1 of 2 Parts
     NuScale just announced that it has signed a Memorandum of Understanding (MOU) with  Ltd. a Kinetrics Incorporated to explore and inform the development of a regulatory framework to address licensing and deployment of a Prodigy Marine Power Station (MPS). The MPS represents a rapidly-deployed, carbon-free baseload energy generation solution to replace fossil power plant globally. It integrates 1-12 NuScale Power Modules into a marine based power plant system.
     Through this MOU, these three companies will develop and produce technical specifications and a regulatory considerations document on the MPS that will be utilized to engage regulatory and potential customers. Some of the benefits of using prodigy’s marine power plant system to deploy the NuScale Small Modular Reactor (SMR) include significantly reduced capital costs, reduced environmental impace and expedited project deliver schedule when compared to conventional land-based nuclear projects. The MPS would generate reliable and scalable electricity and heat with zero greenhouse gas emissions for on-grid and off-grid locations. The cost will be dramatically reduced as will be the schedule risk. NuScale, Prodigy and Kinetrics will collaborate to evaluated future commercial deployment opportunities where the MPS could be deployed either as the only power source, integrated with renewable power sources or used to generate clean fuels such as hydrogen and ammonia, economically and at commercial scale. Prodigy’s MPS integrating fully factory fabricated NPMs offer a safe, low-carbon, economical and near-term clear energy solution to help the supply the continually increasing need for baseload and load following power.
     John Hopkins, Chairman and Chief Executive Officer of NuScale Power. “This engagement with Prodigy and Kinectrics is an exciting opportunity for NuScale to build on our momentum and work with industry-leading companies. Together, we are pursuing new avenues to deploy the NuScale SMR globally. Work accomplished within this MOU will expand opportunities for nuclear energy generation, helping to achieve the carbon-free, sustainable energy future that we are all working toward.”
     Prodigy is Canada’s first commercial marine nuclear power developer. They specialize in integrating existing nuclear power reactors into stationary-deployed marine power plant structures. The MPS would be constructed in a shipyard and transported over water to its deployment location where it would be anchored in place in shelted and protected waters at the shoreline. Powered by the NuScal SMR, Prodigy’s MPS is a highly-optimized and affordable solution to supply coastal cities, communities and industrial zones with clean, reliable sustainable energy.
      Mathias Trojer is the President and CEO of Prodigy. She said, “Prodigy is beginning engagement with the Canadian Nuclear Safety Commission (CNSC) and is in the process of proposing pre-licensing activities for our transportable and marine-deployed nuclear power plant systems. This is a first-of-its-kind regulatory exercise in North America, and we are privileged to have support from NuScale and Kinectrics as part of this effort. Canada’s abiding government commitment to deploy SMRs, experienced nuclear regulator, strong domestic nuclear ecosystem, and first-tier leadership in safe nuclear operations, provide a highly conducive environment to pilot Prodigy’s deployment approach. We anticipate that regulations and policies developed in Canada could help to provide a starting point to engage the International Atomic Energy Agency (IAEA), as well as sovereign regulators in global jurisdictions for technology export.”
Please read Part 2 next