TOKYO -- Japanese engineering company IHI will enter the emerging field of small modular nuclear reactors -- a cheaper and safer alternative to conventional reactors -- with a stake in a project led by U.S. startup NuScale Power, Nikkei has learned.
NuScale Power is constructing a 600 to 700-megawatt nuclear power plant composed of about seven small reactors in the U.S. state of Idaho, with plans to start commercial operations as early as 2029. Each module will have the capacity to produce about 77MW.
