General Electric: GE Hitachi Nuclear Energy, BWXT Canada and Synthos Green Energy Announce Intention to End Use of Small …

Supply chain involvement in the deployment of small modular reactors in Poland could earn Canada more than $ 1 billion in GDP, accelerate the decarbonization of the Polish economy and make it more competitive

CAMBRIDGE, ONTARIO – December 15, 2021-GE Hitachi Nuclear Energy (GEH), BWXT Canada Ltd. (BWXT Canada) and Synthos Green Energy (SGE) today announced their intention to collaborate on the deployment of Small Modular Reactors (SMR) BWRX-300 in Poland.

Together with its partners, SGE would like to deploy at least 10 BWRX-300-SMRs in Poland by the beginning of the 2030s. The MoU announced today at a ceremony at BWXT’s Canadian headquarters in Cambridge, Ontario, enables BWXT to manufacture a wide range of products including reactor pressure vessels, reactor internals and other key components. Orders for these products from BWXT Canada could be valued at up to CAD 1 billion and create hundreds of new jobs in Ontario.

GEH was also selected by Ontario Power Generation (OPG) as a technology partner for the Darlington New Nuclear Project. GEH is working with OPG to deploy a BWRX-300 at the Darlington site, which could be completed by 2028.

OPG and SGE recently signed a cooperation agreement in which they agreed to jointly examine the mutually beneficial planning and preparation procedures for the construction of an SMR, including the development of the supply chain.

GE’s support for Canada’s nuclear industry dates back to the early 1950s. The company helped build Canada’s first nuclear power plant, the Nuclear Power Demonstration (NPD) reactor, which became the basis of the entire CANDU fleet. Today GEH is working with several Canadian companies to build a supply chain to support the use of the BWRX-300.

“BWXT Canada is excited to expand our collaboration with GEH to bring their innovative SMR technology to Poland,” said John MacQuarrie, President of BWXT Canada. “Our unique facilities and skilled workforce in Cambridge and at our other Ontario locations are well placed to manufacture a wide variety of products for this advanced reactor.”

“OPG’s decision to build a grid-scale SMR is extremely important not only for Canada and for us as Synthos Green Energy, but for the whole planet as it enables similar projects to be carried out in Poland and around the world”, said Michał Sołowow, Synthos owner. “With Poland shutting down coal-fired sources, SMRs can play an essential role in deeply decarbonising and meeting the energy needs of a growing economy. I am looking forward to Poland occupying a special position on the global map of SMR technology development. ”

“OPG is leading the development and delivery of the next generation of clean nuclear energy in Canada using Ontario’s resilient nuclear supply chain, including BWXT,” said Ken Hartwick, President and CEO of OPG. “As we advance this project, we look forward to working with other jurisdictions that are also working to combat climate change by harnessing affordable, zero-emission energy from small modular reactors.”

“Canada stands ready to lead the world in the use of small modular reactors, and BWXT Canada is strongly positioned to support the use of our SMR technology in Canada and around the world,” said Jay Wileman, President & CEO of GEH. “Given the rapidly growing global interest in the BWRX-300, GEH is ready to create significant added value for Canada through partners such as SGE and to support Canada with high-paying jobs in the decades to come.”

“This groundbreaking agreement between GEH, BWXT Canada and SGE is proof that the world is watching Ontario when it comes to SMRs,” said Todd Smith, Ontario secretary of energy. “Our strong nuclear supply chain and talented people are already paying off and cementing our reputation as a global hub for SMR expertise.”

SGE is part of the largest private industrial group in Central and Eastern Europe (CEE), which operates in several countries and is owned by Michał Sołowow, a leading Polish private investor and industrialist. The company aims to have the first BWRX-300 operational in Poland in 2029. To support this goal, the company has established partnerships with PKN ORLEN, the largest multi-energy company in CEE.

BWXT Canada is a global leader in the design, manufacture and maintenance of commercial nuclear components. This collaboration further strengthens Ontario’s nuclear supply chain by providing significant and long-term export opportunities while helping Poland meet its decarbonization goals.

Advanced nuclear technologies like the BWRX-300 are a key pillar of GE’s leadership position in the energy transition. In addition to helping customers meet CO2 emissions targets, the BWRX-300 has been designed to have construction and operating costs that are significantly lower than traditional nuclear power generation technologies.

About GE Hitachi Nuclear Energy

GE Hitachi Nuclear Energy (GEH) is a leading global provider of advanced reactors and nuclear services. Established in 2007, GEH is a global nuclear alliance formed by GE and Hitachi to serve the global nuclear industry. The nuclear alliance has a single strategic vision to create a broader portfolio of solutions and expand its capabilities for new reactor and service opportunities. The alliance provides customers around the world with the technology leadership they need to effectively improve reactor performance, performance and safety. Follow GEH on LinkedIn and Twitter.

About Synthos Green Energy

Synthos Green Energy (SGE) was founded to develop and implement zero-emission technologies and electricity generation from renewable sources. The company is keen to get affordable, carbon-free power on demand from a reliable, dedicated source. SGE is part of the largest private industrial group owned by Michał Sołowow, a leading Polish private investor and industrialist. The company is currently focusing on two key projects: offshore wind farms and nuclear power based on small modular reactors. In addition, SGE is working on solutions for the production of hydrogen from high-temperature steam. Follow SGE on Twitter.

About BWXT Canada Ltd.

BWXT Canada Ltd. (BWXT Canada) has more than 60 years of expertise and experience in the development, manufacture, commissioning and maintenance of nuclear power plants. This includes steam generators, nuclear fuels and fuel components, critical plant components, parts and related plant services. BWXT Canada’s sister company, BWXT Medical Ltd., takes advantage of decades of experience in the development, manufacture, packaging and supply of medical isotopes and radiopharmaceuticals to customers performing life-saving medical procedures for patients around the world. BWXT in Canada is headquartered in Cambridge, Ontario and employs approximately 1,500 people in locations in Cambridge, Dundas, Peterborough, Toronto, Arnprior, Pickering, Port Elgin, Owen Sound, Kanata and Oakville, Ontario and Vancouver, British Columbia. BWXT Canada is a subsidiary of BWX Technologies, Inc. (NYSE: BWXT). Follow us on Twitter @BWXT and find out more at www.bwxt.com.

For media inquiries, please contact:

Jon Allen
GE Hitachi Nuclear Energy
+ 1-910-819-2581
[email protected]Natalie Cutler
BWXT Canada Ltd.
+1 519 620 5288
[email protected]Mariusz Ilnicki
Synthos Green Energy
+48 668 48 36 73
[email protected]

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