Following similar agreements signed with three other nuclear power companies, the MOU with Holtec will see Sheffield Forgemasters develop the design of Holtec's SMR-160 components to identify the best routes to manufacture.
The latest MOU positions the company at the apex of the UK's manufacturing supply chain for the Small Modular Reactor (SMR) market and builds on its long history of supplying components into civil nuclear projects across the globe.
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Dominic Ashmore, Head of Strategy and Business Development – Clean Energy at Sheffield Forgemasters, said: "We are looking forward to working closely with Holtec Britain on the SMR-160 designed reactor.
"This MOU complements a broader body of work that we are undertaking for the UK’s future civil nuclear programme, with Small Modular Reactors (SMR’s) as a key element, alongside larger nuclear power plants and the real possibility of fusion power.
"We'll work with Holtec to jointly develop the design for manufacture and purchase specifications for specific forgings, with specific attention on providing components which reduce the required machining, assembly, welding, and in-service inspection requirements for those components."
SMR power plants are seen as a revolutionary development in the civil nuclear (fission) market, and are designed at much smaller scale than commonly commissioned ultra-large (1000+Mwe) reactors and are therefore scalable, depending on energy needs.
