NuScale Power LLC (“NuScale”) and Associated Electric Cooperative (”Associated”) signed a Memorandum of Understanding (MOU) to evaluate NuScale’s VOYGR™ power plants for potential deployment. This announcement showcases the ever-growing demand for NuScale’s small modular reactor (”SMR”) technology to supply communities across America with reliable, affordable and clean energy.
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Headquartered in Springfield, Missouri, Associated is owned by and provides wholesale power to a system of six regional transmission cooperatives and their 51 local distribution cooperatives. This cooperative system delivers electricity to 2.1 million people in Missouri, northeast Oklahoma and southeast Iowa. Comprised primarily of rural business owners, families, and industries, Associated is dedicated to serving its members’ unique power needs reliably, affordably and responsibly.
While any implementation of NuScale’s SMR technology will depend on subsequent agreements, under the MOU, Associated and NuScale will work together to evaluate NuScale’s U.S. Nuclear Regulatory Commission-approved design as a part of Associated’s due diligence to explore reliable, responsible sources of energy. Collaborating with U.S.-based utilities, cooperatives, and manufacturers builds upon NuScale’s ongoing commitment to provide a true decarbonization solution with its safe, flexible and affordable SMR technology.
“We are thrilled to continue NuScale’s incredible momentum by exploring this opportunity with Associated Electric Cooperative,” said John Hopkins, President and Chief Executive Officer of NuScale. “NuScale and Associated both hold the same values that drive our respective organization’s missions and goals – the desire to bring clean, dependable, innovative power solutions to our customers and build a better energy future for all.”
“Associated is excited to begin the early evaluation phase of this innovative energy generation technology on behalf of our member-owned system,” said David J. Tudor, Associated’s CEO and General Manager. “Our first goal is to make sure we understand and thoroughly evaluate the pros and cons of NuScale’s small modular reactors, including how it may fit with the generation strategy and priorities of our cooperative.”