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Subjects: PARTNERSHIPS, JOINT VENTURES, MISCELLANEOUS

GE Hitachi Nuclear Energy and BWXT Canada Enter into Agreement to Support BWRX-300 Design and Commercialization


Toronto, Oct. 19, 2021 (GLOBE NEWSWIRE) -- GE Hitachi Nuclear Energy (GEH) and BWXT Canada Ltd. (BWXT Canada) have entered into a teaming agreement to cooperate on engineering and procurement to support the design, manufacturing and commercialization of the BWRX-300 small modular reactor (SMR).

Through the agreement, if the BWRX-300 is selected for deployment at Ontario Power Generation's Darlington Nuclear Generation Station, BWXT Canada could provide detailed engineering and design for manufacturability for BWRX-300 equipment and components and ultimately could supply certain key reactor components for the deployment of the BWRX-300 in Canada. The agreement builds on a Memorandum of Understanding that GEH and BWXT Canada signed in June 2020.

"This agreement with BWXT Canada is a significant milestone in our efforts to build a Canadian supply chain to advance the deployment of the BWRX-300 in Ontario," said Jay Wileman, President & CEO, GEH. "The ability of BWXT Canada to manufacture these key reactor components could help establish Ontario as a global manufacturing hub for our highly engineered equipment."

"We are pleased GEH recognizes that our unique engineering and manufacturing capabilities are readily adaptable to support deployment of the BWRX-300 in Canada," said John MacQuarrie, President of BWXT Canada. "Entering into this relationship with GEH provides BWXT Canada with the opportunity to participate in the deployment of BWRX-300 SMRs around the world."

The BWRX-300 is a 300 MWe water-cooled, natural circulation SMR with passive safety systems that leverages the design and licensing basis of GEH's U.S. NRC-certified ESBWR. Through dramatic and innovative design simplification, GEH projects the BWRX-300 will require significantly less capital cost per MW when compared to other SMR designs.

By leveraging the existing ESBWR design certification, utilizing the licensed and proven GNF2 fuel design, and incorporating proven components and supply chain expertise, GEH believes the BWRX-300 can become the lowest-risk, most cost-competitive and quickest to market SMR.

About GE Hitachi Nuclear Energy

GE Hitachi Nuclear Energy (GEH) is a world-leading provider of advanced reactors and nuclear services. Established in 2007, GEH is a global nuclear alliance created by GE and Hitachi to serve the global nuclear industry. The nuclear alliance executes a single, strategic vision to create a broader portfolio of solutions, expanding its capabilities for new reactor and service opportunities. The alliance offers customers around the world the technological leadership required to effectively enhance reactor performance, power output and safety. Follow GEH on LinkedIn and Twitter. 

About BWXT Canada Ltd.

BWXT Canada Ltd. has over 60 years of expertise and experience in the design, manufacturing, commissioning and service of nuclear power generation equipment. This includes steam generators, nuclear fuel and fuel components, critical plant components, parts and related plant services. BWXT Canada's sister company, BWXT Medical Ltd. provides its customers, who conduct life-saving medical procedures for patients around the world, the benefit of decades of experience in the development, manufacturing, packaging and delivery of medical isotopes and radiopharmaceuticals. Headquartered in Cambridge, Ontario, BWXT in Canada has approximately 1,500 employees at locations in Cambridge, Dundas, Peterborough, Toronto, Arnprior, Pickering, Port Elgin, Owen Sound, Kanata and Oakville, Ontario and Vancouver, British Columbia. BWXT Canada Ltd. is a subsidiary of BWX Technologies, Inc. Follow us on Twitter @BWXT and learn more at www.bwxt.com.



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