The Babcock & Wilcox Company (B&W)and FirstEnergy Corp. announced today that FirstEnergy and a B&W subsidiary, Generation mPower LLC (GmP), have signed a Memorandum of Understanding regarding studies on the potential deployment of the B&W mPowerTM small modular reactor in FirstEnergy’s service territory.
FirstEnergy and GmP plan to work together to perform an independent financial review of mPower economics, evaluate several alternative potential sites for construction of B&W mPower plants, complete a preliminary pre-licensing analysis, and assess the need and timing for prospective deployment of B&W mPower plants in the FirstEnergy generation fleet.
The B&W mPower SMR is an advanced 180 MWe utility-scale nuclear reactor that incorporates robust, inherently safe protection systems and a fully underground containment structure. The mPower design maximizes the use of proven, mature systems and components within an innovative plant architecture that reduces construction risks and minimizes ownership costs.