Nucor considers using NuScale design at its plants

NuScale Power has signed a memorandum of understanding with North American steelmaker Nucor Corporation. The agreement sets out cooperation to explore the possibility of deploying NuScale VOYGR SMRs at the steelmaker’s facilities.

The memorandum of understanding provides for the two companies to work together to assess the suitability of a new power source, options for connecting it to the grid, and the capital costs of a potential power plant based on NuScale’s reactor design. The new facility is planned near Nucor’s foundries, where it would produce zero-carbon electricity for their operations.

NuScale will also begin studying the possibility of building a reactor-component manufacturing facility near Nucor’s facilities. Nucor is the largest steel producer and recycler in North America.

Nucor and Econiq products

The companies will also explore expanding their cooperation in manufacturing, with Nucor potentially supplying its zero-carbon steel, branded Econiq, and zero-emissions steel products.

“Econiq is not a product per se. It is a certification of zero-emissions production and can be applied to any product manufactured at Nucor’s industrial facilities.”