en.Wedoany.com Reported - Elementl Power plans to develop a nuclear power project using BWRX-300 small modular reactors in Meigs County, Ohio, USA, with a planned installed capacity of up to 1.5 GW. The project has initiated preliminary engineering and grid connection applications, with construction expected to begin in 2030 and completion in 2034.

Elementl Power, an independent utility-scale nuclear power project developer, announced it has reached an agreement with GE Hitachi Nuclear Energy (GVH) to build a nuclear power plant using small modular reactors. The plant site is located along the Ohio River, approximately 100 miles southeast of Columbus, with a planned installed capacity of up to 1.5 GW.

Elementl stated that it has signed a preliminary engineering contract with GVH to utilize the company's BWRX-300 small modular reactor. The company noted that this will be one of the first nuclear power projects based on small modular reactors in the United States. The planned facility site is located in Meigs County's Letart Township, covering approximately 700 acres. Elementl has agreed to purchase the site from American Municipal Power (AMP).

Chris Colbert, Chairman and CEO of Elementl, said that Elementl is committed to building partnerships to accelerate the financing and delivery of reliable, clean, around-the-clock nuclear energy projects, working closely with Letart Township, Meigs County, Ohio, and the broader region. GVH is a proven global leader in nuclear technology, and we are pleased to collaborate with them to deploy their advanced BWRX-300 reactor at this site. Nuclear energy projects are a significant economic pillar for the local community, and southeastern Ohio, with its proud industrial heritage, possesses the infrastructure and workforce needed for a project of this scale.

Scott Strazik, CEO of GE Vernova, said, "We are delighted to support Elementl Power in advancing this project and to work with customers taking concrete steps to bring new nuclear projects online. Nuclear energy will play a critical role in the future energy mix, and projects like this will lay the foundation for long-term U.S. energy security, economic growth, and reliable electricity supply."

Elementl stated that it has recently submitted an application to regional grid operator PJM Interconnection to connect the site to the PJM transmission system, enabling the initial 600 MW power output from the facility. PJM will review Elementl's application, with a response expected within the year. Elementl noted that the project also requires approvals from multiple state and federal regulatory bodies, including the U.S. Nuclear Regulatory Commission (NRC) and the Ohio Power Siting Board.

Elementl stated that, as a privately developed project, the company plans to bear the construction costs of the proposed plant itself. The company said the project will not be funded by electricity ratepayers. Construction of the first unit is expected to begin in 2030, subject to a final investment decision and regulatory approvals, with a projected completion date of 2034.

Jolene M. Thompson, President and CEO of AMP, said, "We are very pleased that Elementl plans to develop a new power generation project at the Meigs County site. An investment of this scale will bring significant benefits to Meigs County and the surrounding area, and will help maintain power reliability in Ohio and the broader region. Elementl has an excellent team, and it has been a pleasure working with them. We look forward to them being good partners for the residents and leaders of Meigs County during the development phase."

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