BWX Technologies Wins Microreactor-Evaluation Pact for Wyoming
By Matt Walker
BWX Technologies won the second phase of a contract with the Wyoming Energy Authority to assess deploying small-scale nuclear reactors in the state.
Phase two of the contract includes completing conceptual design of a lead microreactor unit, BWX said Monday, developing a regulatory-engagement plan and microreactor-fleet model, and demonstrating the Wyoming supply chain's ability to manufacture nuclear components.
The company said the program is valued at approximately $20 million. Phase two is expected to be complete by the third quarter of 2025.
BWX is using the U.S. Energy Department's Energy Advanced Reactor Demonstration Program achievements through a collaboration with Idaho National Laboratory and other BWX research and development investments.
"The landscape of economic opportunity related to non-traditional application of nuclear energy is evolving quickly, with significant opportunities firming in regional, national and global markets," said Steven Aumeier, senior adviser for strategic programs at Idaho National Laboratory.
Write to Matt Walker at matthew.walker@dowjones.com
(END) Dow Jones Newswires
June 17, 2024 17:40 ET (21:40 GMT)
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