Fluor
Corporation (NYSE: FLR) announced today that NuScale Power
(NuScale), in which Fluor is the majority investor, completed and
formally submitted its design certification application to the U.S.
Nuclear Regulatory Commission (NRC) for NuScale’s small modular nuclear
reactor commercial power plant design. The reactor technology can
deliver the energy diversity needed to power unique energy needs while
also providing a safe, more flexible, carbon-free power generation
solution.
“Fluor continues to be proud of its investment in NuScale and how the
company has rapidly moved through the design certification application
process, and we are eagerly awaiting NRC review and approval,” said David
Seaton, Fluor’s chairman and CEO. “We believe that the future of the
U.S. nuclear industry is in small modular reactor technology and that
NuScale is uniquely positioned as the only U.S. company that offers it.”
“The world’s demand for electricity and clean water will increase
significantly over the next several decades,” said John
Hopkins, CEO of NuScale. “NuScale’s technology can meet that
challenge with clean and reliable power, thereby improving the
environment and quality of life.”
NuScale’s small modular reactors include scalable plants, and the
facility output can be incrementally increased depending upon the
demand. The technology’s operational flexibility can also be integrated
with other carbon-free renewable energy sources like wind and solar to
provide consistent power and to help enable stable grid performance.
Fluor has supported NuScale
since October 2011 – before the U.S. Department of Energy announced its
cost-sharing program – as part of a long history with nuclear energy.
For more than 60 years, Fluor has been providing the engineering,
procurement, construction and maintenance of nuclear power plants,
thereby helping to provide a long-term clean energy solution in the U.S.
and around the world.
About Fluor Corporation
Fluor
Corporation (NYSE: FLR) is a global engineering, procurement,
fabrication, construction and maintenance company that designs, builds
and maintains capital-efficient facilities for its clients on six
continents. For more than a century, Fluor has served our clients by
delivering innovative and integrated solutions across the globe. With
headquarters in Irving, Texas, Fluor ranks 155 on the FORTUNE 500
list with revenue of $18.1 billion in 2015 and has more than 60,000
employees worldwide. For more information, please visit www.fluor.com
or follow us on Twitter @FluorCorp.
Fluor CorporationMedia RelationsBrian Mershon, 469-398-7621orBrett Turner, 864-281-6976orInvestor RelationsGeoff Telfer, 469-398-7070orJason Landkamer, 469-398-7222