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The International Energy Agency’s (IEA’s) Canada 2022: Energy Policy Review has found that, since the last IEA review in 2015, Canada has made a series of enterprising international and domestic commitments and has made progress towards transforming its energy system.

Date: Tuesday, 18 January 2022
Original article: neimagazine.com/news/newsiea-report-on-canada-welcomes-smr-developments-9406494

The first concrete has been poured for the basemat of Changjiang unit 4, China National Nuclear Corporation (CNNC) and China Huaneng Group have announced. Two Hualong One units are now under construction as the second phase of the plant in Hainan province.

Date: Thursday, 30 December 2021
Original article: world-nuclear-news.org/Articles/Construction-begins-at-second-Changjiang-Hualong-O

The US Trade and Development Agency (USTDA) is awarding the Science and Technology Centre in Ukraine (STCU) a grant for US-based NuScale Power to conduct a SMR Licensing Gap Analysis.

Date: Wednesday, 22 December 2021
Original article: neimagazine.com/news/newsnuscale-wins-work-in-ukraine-and-signs-mou-with-kazakhstan-9336957

US-based NuScale Power said on 14 December it had entered into a business combination agreement with Spring Valley Acquisition Corp. The combined company, which will be named NuScale Power Corporation, will have an estimated pro-forma enterprise value of approximately $1.9 billion and will be listed under the ticker symbol “SMR” upon closing. 

Date: Saturday, 18 December 2021
Original article: neimagazine.com/news/newsnuscale-plans-merger-with-spring-valley-acquisition-and-opens-simulation-lab-9329841

The US Trade and Development Agency (USTDA) announced it will support Ukrainian authorities to assess NuScale's small reactor technology, with a view to future exports. A gap analysis will compare the technology to the Ukrainian regulatory system to identify potential problems and make recommendations.

Date: Saturday, 18 December 2021
Original article: world-nuclear-news.org/Articles/Export-support-for-NuScale-to-Ukraine

Kazakhstan has begun to investigate the deployment of small reactors with a memorandum of cooperation signed between NuScale and Kazakhstan Nuclear Power Plants (KNPP), a branch of the government's Samruk-Kazyna National Welfare Fund.

Date: Saturday, 18 December 2021
Original article: world-nuclear-news.org/Articles/Kazakhstan-looks-to-small-nuclear-reactors

GE Hitachi Nuclear Energy (GEH), BWXT Canada and Poland's Synthos Green Energy (SGE) yesterday signed a Letter of Intent to cooperate in deploying BWRX-300 small modular reactors (SMRs) in Poland. SGE, together with its partners, plans to deploy at least 10 BWRX-300 SMRs in Poland by the early 2030s.

Date: Friday, 17 December 2021
Original article: world-nuclear-news.org/Articles/Collaboration-for-Polish-deployment-of-BWRX-300

Business moguls set eyes on BWRX-300 project in Canada SMRs deployment is expected to be cheaper than large-scale nuclear, according to PKN Orlen chief executive Daniel Obajtek. Image courtesy PKN Orlen. The deployment of small modular reactors (SMRs) will be an “important step” towards carbon neutrality by 2050 for Poland’s state-controlled fuels and energy company PKN Orlen, according to its chief executive officer Daniel Obajtek.

Mr Obajtek told the Rzeczpospolita daily that SMRs will not only provide power and heat, but will also bring a significant reduction in the company’s carbon footprint. Additionally, Mr Obajtek said these new technologies would also create new jobs in an “innovative and attractive” sector.

Last week, Orlen and Polish chemicals company Synthos signed an agreement to establish a joint venture that aims to commercialise microreactor and small modular reactor technologies in Poland, in particular GE Hitachi Nuclear Energy’s (GEH) BWRX-300 design.

Date: Thursday, 16 December 2021
Original article: nucnet.org/news/orlen-and-synthos-see-smr-deployment-as-important-move-to-carbon-neutrality-12-3-2021

Deal to be finalised in first half of 2022 NuScale’s SMR design features a fully factory-fabricated module capable of generating 77 MW of electricity. Courtesy NuScale. NuScale Power, a leading developer of small modular reactor technology in the US, has announced plans to go public by way of a merger with Spring Valley Acquisition Corp., a publicly traded special purpose acquisition company, with the aim to establish a new entity called NuScale Power Corporation.

NuScale said in a statement that the purpose of the merger is to create “a first-of-its-kind energy company poised to power the global energy transition by delivering safe, scalable and reliable carbon-free nuclear power.”

NuScale said the terms of the merger estimate the new company’s pro-forma value at about $1.9bn (€1.68bn), with transactions expected to be completed in the first half of 2022, subject to approval by Spring Valley’s shareholders.

Date: Wednesday, 15 December 2021
Original article: nucnet.org/news/nuscale-to-create-a-public-company-after-merger-with-spring-valley-acquisition-corp-12-2-2021

NuScale Power has announced plans to merge with Spring Valley Acquisition Corp to create a new "first of its kind" energy company to accelerate the commercialisation of NuScale's small modular reactor (SMR). The new publicly listed company will be named NuScale Power Corporation and is projected to be 60%-controlled by NuScale's current majority owner Fluor Corporation.

Date: Wednesday, 15 December 2021
Original article: world-nuclear-news.org/Articles/NuScale-merger-to-accelerate-SMR-commercialisation