#Knoxville #United States #Tennessee Valley Authority #Small Modular Reactor #BWRX-300

TVA and Partners Unite for SMR Development

The Tennessee Valley Authority (TVA) is taking the lead in an ambitious initiative aimed at accelerating the construction of the first Small Modular Reactor (SMR) in the United States. The TVA has submitted an application for an impressive $800 million grant from the U.S. Department of Energy, aligning with the nation’s goal to enhance its nuclear energy capabilities.

This initiative represents a significant collaboration among various stakeholders, including prominent utilities, advanced nuclear project developers, and the State of Tennessee. Key partners in this venture include Bechtel, BWX Technologies, Duke Energy, and GE Hitachi Nuclear Energy, among others. Together, they aim to foster the development and deployment of SMRs, which are positioned to provide reliable, affordable, and clean energy solutions.

The Vision for SMRs

With the backing of Congress's newly created grant program in 2024, which is intended to stimulate growth within the domestic nuclear sector, the funding will facilitate the establishment of a supply chain dedicated to advanced nuclear technologies. Jeff Lyash, TVA’s President and CEO, emphasized the transformative potential of advanced nuclear technologies, stating, “Nuclear is the most reliable and efficient energy the world has ever known.”

As part of the plan, if the funding is awarded, TVA anticipates expediting the construction timeline for the Clinch River Project's SMR by two years, potentially bringing the reactor into commercial operation by 2033. This project not only champions the construction of the first SMR in the U.S. but also ensures a foundational supply chain for future deployments of advanced nuclear units.

Strengthening the Supply Chain

The implications of this funding extend far beyond the immediate project. TVA has committed to sharing lessons and best practices among its partners to help mitigate costs and risks while advancing nuclear technology across the nation. Operating under a structured planning process, TVA’s Board is currently reviewing the project phases, ensuring thorough evaluation before any approvals are made.

In addition to TVA’s endeavors, Ontario Power Generation in Canada is also pursuing the same BWRX-300 technology, with plans to have it operational by 2029. Building on OPG's progress, TVA is preparing for the potential deployment of multiple SMRs at the Clinch River site, positioned to generate heightened interest and activity within the nuclear supply chain in the ensuing decades.

Statewide Support and Economic Impact

Tennessee Governor Bill Lee expressed his gratitude for the initiative and praised TVA for their efforts in securing funding to accelerate SMR development. He acknowledged the importance of these advancements in fostering Tennessee's nuclear ecosystem, which is anticipated to generate high-paying job opportunities for the state's workforce.

Emerging nuclear technologies, particularly SMRs, are vital for elevating the nation’s power generation capabilities, offering a mix of reliability, affordability, and flexibility. The compact nature of SMRs allows quicker construction, simplified operations, and easier integration into existing landscapes.

Reactions from Industry Leaders

Several prominent figures from the nuclear industry have voiced their enthusiasm regarding this initiative.

• - Bill Fehrman, AEP President, remarked, “This partnership will also allow us to collectively advance the entire industry.”
• - Dena Volovar of Bechtel highlighted their extensive experience, predicting a cleaner energy future from their collaboration.
• - Rex D. Geveden of BWXT reflected on their long-standing role in supporting nuclear projects, showcasing their commitment to the initiative.
• - Lastly, several other industry leaders echoed the potential this funding holds in contributing to a cleaner and more reliable energy future for the U.S.

Conclusion

The TVA’s strategic initiative marks a critical move towards establishing a robust nuclear energy framework in America. By spearheading the push for advanced SMR technology, TVA not only enhances energy security but also aligns with the growing demand for clean, sustainable power. As the project moves forward, the collaboration among utilities, government entities, and industry experts will be vital in overcoming challenges and showcasing the potential of nuclear energy.