Rensselaer Polytechnic Institute Opens NuScale Power Energy Exploration Center
Center to educate students on the importance of advanced nuclear technology with hands-on learning opportunities
Will allow students to practice simulated power plant operation scenarios, paving the way for the next generation of energy experts
NuScale E2 Centers are innovative learning environments that offer a hands-on opportunity to experience simulated, real-world nuclear power plant operation scenarios. Using state-of-the-art computer modeling within a 12-module control room simulator, the E2 Center will allow users at RPI to assume the role of control room operator, providing the chance to apply nuclear science and engineering principles and gain real-life experience. The E2 Center will also facilitate community education on the benefits of nuclear power through demonstrations and tours for local leaders, K-12 students and the broader public.
“We are proud to join with the faculty and students at RPI to open this NuScale E2 Center aimed at showcasing the importance of nuclear energy,” said
“Having a high-quality simulator on campus will provide our students with exciting learning opportunities in the design, operation, and control of modern, small modular reactors,” said
The E2 Center at RPI was co-funded by a grant from the
To date, NuScale has unveiled eight E2 Centers with university partners, including RPI,
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Founded in 2007,
As the first and only SMR to have its design certified by the
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Forward-Looking Statements
This release contains forward-looking statements (including without limitation statements "will," "believes," "expects," “anticipates,” "plans" or other similar expressions). These forward-looking statements include statements relating to strategic and operational plans, including for NuScale’s E2 Centers, the role of advanced nuclear technology in energy transition, and NuScale’s positioning to serve customers, capital deployment, future growth, new awards, backlog, earnings and the outlook for the Company’s business.
Actual results may differ materially as a result of a number of factors, including, among other things, the Company’s liquidity and ability to raise capital; the Company's failure to receive new contract awards; cost overruns, project delays or other problems arising from project execution activities, including the failure to meet cost and schedule estimates; intense competition in the industries in which we operate; failure of our partners to perform their obligations; cyber-security breaches; foreign economic and political uncertainties; client cancellations of, or scope adjustments to, existing contracts; failure to maintain safe worksites and international security risks; risks or uncertainties associated with events outside of our control, including weather conditions, pandemics (including COVID-19), public health crises, political crises or other catastrophic events; the use of estimates and assumptions in preparing our financial statements; client delays or defaults in making payments; the failure of our suppliers, subcontractors and other third parties to adequately perform services under our contracts; uncertainties, restrictions and regulations impacting our government contracts; the inability to hire and retain qualified personnel; the potential impact of certain tax matters; possible information technology interruptions; the Company's ability to secure appropriate insurance; liabilities associated with the performance of nuclear services; foreign currency risks; the loss of one or a few clients that account for a significant portion of the Company's revenues; damage to our reputation; failure to adequately protect intellectual property rights; asset impairments; climate change and related environmental issues; increasing scrutiny with respect to sustainability practices; the availability of credit and restrictions imposed by credit facilities for our clients, suppliers, subcontractors or other partners; failure to obtain favorable results in existing or future litigation and regulatory proceedings, dispute resolution proceedings or claims, including claims for additional costs; failure by us or our employees, agents or partners to comply with laws; new or changing legal requirements, including those relating to environmental, health and safety matters; failure to successfully implement our strategic and operational initiatives and restrictions on possible transactions imposed by our charter documents and
Additional information concerning these and other factors can be found in the Company's public periodic filings with the
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