Holtec International

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Holtec International
IndustryEnergy
Founded1986; 33 years ago (1986) in Mount Laurel, New Jersey, U.S.
FounderDr. Kris Singh
Headquarters,
Websiteholtecinternational.com

Holtec International is a supplier of equipment and systems for the energy industry[1][2] founded in Mount Laurel, New Jersey and based in Jupiter, Florida, United States.[3] It specializes in the design and manufacture of parts for nuclear reactors. The company sells equipment to manage spent nuclear fuel from nuclear reactors.[4][5]

In July 2014, the New Jersey Economic Development Authority awarded Holtec International a $260 million tax incentive to expand operations at the Port of Camden.[6] Those breaks have come under scrutiny.[7][8][9]

Holtec makes storage casks used for spent nuclear fuel. It intends to send spent fuel to a site in New Mexico, but has met with resistance.[10][6][11]

SMR-160[edit]

The Holtec Inherently Safe Modular Underground Reactor SMR-160 is a design of a 160 MWe pressurized water reactor (PWR) small modular reactor by Holtec International.[12]

In February 2018, GE Hitachi Nuclear Energy agreed to collaborate on the commercialization of the design.[13]

References[edit]

  1. ^ DiStefano, Joseph N. (July 10, 2014). "NJ approves $260M in tax breaks for Holtec Camden factory". The Philadelphia Inquirer. Retrieved July 10, 2014.
  2. ^ "Holtec International - Nuclear Reactions". Industry Today. Retrieved 2019-07-14.
  3. ^ Bloomberg profile
  4. ^ "Holtec International, Inc.: Private Company Information". www.Bloomberg.com. Retrieved June 12, 2019.
  5. ^ "Holtec International". Holtec International. Retrieved June 12, 2019.
  6. ^ a b Laday, Jason (July 10, 2014). "Paulsboro port construction, Camden's Holtec manufacturing plant boosted by $260M tax break". South Jersey Times. Retrieved June 12, 2019.
  7. ^ Schmidt, Susan (July 2, 2019). "N.J. congressman was strong defender of firm now facing questions over $260M in tax breaks". nj.com.
  8. ^ Schmidt, Susan (2019-07-02). "Meet the Congressman Defending Questionable Tax Breaks for a Company Connected to His Rich Brother". ProPublica. Retrieved 2019-07-03.
  9. ^ Sherman, Ted (July 9, 2019). "New questions about politically connected nuclear firm that received millions in N.J. tax incentives". nj.com.
  10. ^ Jersey, South (January 27, 2019). "A wrong turn at Albuquerque for N.J. nuclear fix? - Editorial". nj.com. Retrieved June 12, 2019.
  11. ^ DiStefano, Joseph N. (July 10, 2014). "NJ approves $260M in tax breaks for Holtec Camden factory". The Philadelphia Inquirer. Retrieved July 10, 2014.
  12. ^ "Small Nuclear Power Reactors: Holtec SMR-160". world-nuclear.org. Holtec SMR-160
    Holtec International set up a subsidiary - SMR LLC - to commercialize a 140 MWe (446 MWt) factory-built reactor concept called Holtec Inherently Safe Modular Underground Reactor (HI-SMUR). The particular design being promoted is a 160 MWe version of this, SMR-160, with two external horizontal steam generators, using fuel similar to that in larger PWRs, including MOX. The 32 full-length fuel assemblies are in a fuel cartridge, which is loaded and unloaded as a single unit from the 31-metre high pressure vessel. Holtec claims a one-week refueling outage every 42 months. It has full passive cooling in operation and after shutdown and a negative temperature coefficient so that it shuts down at high temperatures. The heat sink can be to atmosphere, using dry cooling. The whole reactor system will be installed below ground level, with used fuel storage. A 24-month construction period is envisaged for each $800 million unit ($5000/kW). Operational life claimed is 80 years.
    Holtec expected to submit an application for design certification to NRC by the end of 2012 and hopes to have the first unit operating in 2018. The detailed design phase is from August 2012. The Shaw Group is providing engineering support for the design, and Areva is involved in the development work. The Construction Permit Application and Preliminary Safety Analysis Report are due in June 2014.
    In March 2012 the US DOE signed an agreement with Holtec regarding constructing a demonstration SMR-160 unit at its Savannah River site in South Carolina. NuHub, a South Carolina economic development project, is supporting Holtec's bid for DOE funding for the SMR-160, as are Exelon, Entergy, PSEG, First Energy (though see above re mPower), and SCE&G which would operate the demonstration plant.
  13. ^ "Holtec and GEH team up on advancing SMR-160". World Nuclear News. February 15, 2018. Retrieved February 19, 2018.

External links[edit]