GE Hitachi grows SMR base in Canada wilmingtonbiz.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from wilmingtonbiz.com Daily Mail and Mail on Sunday newspapers.
GE Hitachi grows SMR base in Canada wilmingtonbiz.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from wilmingtonbiz.com Daily Mail and Mail on Sunday newspapers.
08 July 2021
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The US Department of Energy (DOE) is teaming up with GE Hitachi Nuclear Energy (GEH) and providing USD5.8 million in funding for a project to demonstrate how three construction technologies from other industries can be applied to advanced reactor designs, to improve the economics of bringing advanced reactors to market. The Advanced Construction Technology (ACT) Initiative aims to reduce cost overruns and schedule slippages.
(Image: NRIC)
The three technologies have been used successfully in other industries but have not yet been tested within the context of nuclear energy, the DOE said. Together, they could reduce the cost of new nuclear builds by more than 10%. They are:
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