InvestorsHub Logo
Followers 4
Posts 426
Boards Moderated 0
Alias Born 07/28/2009

Re: None

Monday, 03/20/2023 4:21:35 PM

Monday, March 20, 2023 4:21:35 PM

Post# of 3390
USA, Indonesia announce partnership on SMRs

https://www.world-nuclear-news.org/Articles/USA,-Indonesia-announce-partnership-on-SMRs

The USA and Indonesia have announced a strategic partnership to help Indonesia develop its nuclear energy programme, supporting Indonesia's interest in deploying small modular reactor (SMR) technology to meet its energy security and climate goals.



The signing of the agreement (Image: US Embassy in Jakarta)

A Memorandum of Agreement, as well as affiliated grants and contracts, was signed during the Indo-Pacific Business Dialogue in Bali, Indonesia. The agreement advances the goals of the Just Energy Transition Partnership (JETP) and will strengthen Indonesia's leadership in the ASEAN region on the deployment of advanced, safe and secure nuclear energy technologies, working toward the goal of net-zero emissions in Indonesia by 2060.

Under the agreement, the US Trade and Development Agency (USTDA) has awarded a grant to PLN Indonesia Power to provide assistance to assess the technical and economic viability of a proposed nuclear power plant, to be located in West Kalimantan. It will include a site selection plan, power plant and interconnection system design, preliminary environmental and social impact assessment, risk assessment, cost estimate and regulatory review.

Indonesia Power selected NuScale Power to carry out the assistance in partnership with a subsidiary of Fluor Corporation and Japan's JGC Corporation. The proposed 462 MWe facility would utilise NuScale's SMR technology.

In addition, cooperation will include USD1 million in new funding for capacity-building for Indonesia, building on its existing partnership under the US Department of State Foundational Infrastructure for the Responsible Use of SMR Technology (FIRST) Program. This includes support in areas such as workforce development, stakeholder engagement, regulations and licensing.
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent LTBR News