Nuclear power plant equipment manufacturer and plant decommissioning specialist Holtec International is working on a $7.4-billion plan to produce small modular reactors “in large numbers” at one expanded plant and another to be built.The Jupiter, Fla.-based firm announced on July 20 that it had submitted the second and final part of its U.S. Dept. of Energy loan application to finance reactor develoipment.
Holtec plans to build a power plant with four of its SMR-160 small modular reactors, possibly at its Oyster Creek nuclear plant site in southern New Jersey, which shut down in 2018. It also would expand a Camden, N.J., manufacturing plant with additional machining, robotic welding and material handling equipment to meet an expected rise in demand for its SMR-160.