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Shearwater Energy developing SMR wind-hybrid energy project; selects NuScale Power

Shearwater Energy Ltd., a United Kingdom-based hybrid clean energy company, is developing a wind-SMR (Small Modular Reactor) and hydrogen production hybrid energy project in North Wales. The project would provide 3 GWe of zero-carbon energy and is also expected to produce more than 3 million kilograms of green hydrogen per year for use by the UK’s transport sector, ensuring full utilization of the energy produced.

Shearwater has also submitted an outline proposal to the British Government and the devolved governments of Wales, Northern Ireland and Scotland, all of whom stand to derive economic benefits in connection with the proposed project.

Shearwater has selected the SMR technology being developed by NuScale Power, LLC to provide the clean, base load and load-following energy for the proposed hybrid energy project. Shearwater signed a memorandum of understanding (MOU) with NuScale Power to further collaboration in advancing the proposed project.

Under the MOU, Shearwater and NuScale will generally explore opportunities for the combined generation of nuclear power based on NuScale’s SMR technology, offshore wind energy and hydrogen production at sites in the UK, with a flagship opportunity being explored at Wylfa on Anglesey. As international renewable energy portfolios grow, this collaboration highlights the increasing momentum and need for more flexible and reliable low-carbon energy generation.

NuScale will also specifically support Shearwater as it continues to develop the project, including conducting project-specific engineering, planning, and licensing activities for their SMR technology.

NuScale’s assessment of the UK supply chain concluded that more than 75% of the content of a NuScale plant could be sourced within the UK. Both parties are committed to further exploring British companies’ capabilities to participate in maximizing the UK content of this project.

Combining low-carbon generating technologies enables us to achieve similar performance characteristics to large thermal plants without the high cost, long construction time and environmental legacy. When fully developed, an SMR-wind plant at Wylfa will provide 3 GW of reliable, zero-carbon electricity at a fraction of the cost of a conventional nuclear power station with surplus energy generation focused on the production of hydrogen to support the transport sector’s transition to low-carbon fuels. Power generation at Wylfa could begin as early as 2027.

—Simon Forster, Chief Executive Officer of Shearwater

The UK recently announced plans to expand offshore wind capacity rapidly by 2030 and invest in SMR development to meet net-zero carbon emissions goals by 2050. A Shearwater-NuScale wind-nuclear energy system will provide reliable, load following power to overcome intermittency and grid stability issues.

In the US, NuScale’s power company customer will be breaking ground in 2023 on its first project located in the state of Idaho.

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