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29.April

GE Vernova’s Nuclear Business Forms Supplier Group to Support Small Modular Reactor Deployment

https://general.energy/wp-content/uploads/2024/05/geh_qualified_supplier_group.jpg

Photo caption
BWXT joins GEH’s group of qualified suppliers
From left to right:
Darion Geralds, director of procurement at GEH;
Jay Willeman, President and CEO of GEH;
John McQuarrie, President of Commercial Operations, BWXT;
Kimberly Perry, Head of Nuclear Supply Chain at GEH.

WILMINGTON, N.C. (April 29, 2024) – GE Vernova’s Nuclear business, GE Hitachi Nuclear Energy (GEH), announced the formation of a qualified supplier group to advance the global deployment of the BWRX-300 small modular reactor (SMR). This initiative aims to ensure a reliable, cost-effective, and innovative process for manufacturing and commercializing the BWRX-300.

Suppliers meeting pre-defined criteria and customer requirements, and demonstrating a commitment to investing in BWRX-300 supply chain capabilities, are eligible for selection. BWXT Canada Ltd. (BWXT Canada), a leader in designing, manufacturing, and servicing commercial nuclear components, is the first company to join the group.

“Supplier collaboration is expected to help build capacity and support cost reduction, project schedule goals, and scalability as we deploy the BWRX-300 globally,” said Jay Wileman, President & CEO, GEH. “We applaud BWXT Canada for committing to the BWRX-300 by investing in its facilities and supply chain, further strengthening Ontario’s nuclear supply chain.”

John MacQuarrie, President of BWXT Commercial Operations, commented, “We’re proud to spearhead supply chain support for the BWRX-300. The anticipated global demand for nuclear power was a significant factor in our decision to expand our Cambridge manufacturing facility. Our plans to increase the site’s manufacturing capacity by 50 percent for large components will further position our business to help deliver the BWRX-300 and other reactor technologies.”

Maví Zingoni, CEO of GE Vernova’s power businesses, added, “We look forward to expanding the group of qualified suppliers who share a long-term vision for the deployment of the BWRX-300.”

Ontario Power Generation (OPG), GEH, AtkinsRéalis, and Aecon Construction Group have contracted to construct the first BWRX-300 at OPG’s Darlington site, with plans for three additional reactors. In the UK, GEH received a £33.6 million grant from the UK Future Nuclear Enabling Fund (FNEF) to accelerate regulatory acceptance of the BWRX-300. In Poland, the government supports constructing 24 BWRX-300 SMRs at six sites.

The BWRX-300 is a key pillar of GE Vernova’s energy transition leadership, designed to reduce construction and operating costs by leveraging existing fuel, plant simplifications, proven components, and a design based on an NRC-certified reactor.

About GE Vernova

GE Vernova (NYSE: GEV) is a global energy company encompassing Power, Wind, and Electrification segments. With over 130 years of experience, GE Vernova is positioned to lead the energy transition by electrifying the world while decarbonizing it. Headquartered in Cambridge, Massachusetts, GE Vernova employs over 80,000 people across more than 100 countries. Learn more at GE Vernova and LinkedIn.

GE Vernova’s name reflects its legacy of quality and ingenuity (“GE”), Earth’s verdant ecosystems (“Ver”/”verde”), and a new era of lower-carbon energy (“Nova” from Latin “novus”).

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