Independent Strategic Management Solutions joined with URS Corp. in March to help secure a $500,000 contract to look at the potential benefits of building a small modular nuclear reactor system on leased land at Hanford in Southeast Washington State. The URS team was selected by the Tri-City Development Council (TRIDEC) of Tri-Cities, Washington to evaluate economic impacts of the project on the region. TRIDEC was awarded a state Department of Commerce grant of $500,000 for the study and related expenses and is expected to be completed in about five months.
Congressional leaders from Washington State have encouraged DOE to locate a small modular nuclear reactor project in the Tri-City area, including U.S. Rep. Doc Hastings who noted, “This is part of a larger effort to diversify our economy in order to ensure a thriving community as Hanford cleanup winds down and is ultimately completed.”
The URS team has been asked to identify and evaluate the benefits at a local, state and national level for locating a small modular reactor at Hanford, including any significant advantages to DOE in selecting Hanford as a preferred site.
ISMSolutions will bring its executive level experience with unique knowledge of the Hanford Site, its power needs and infrastructure in establishing a realistic pathway to a Purchase Power Agreement (PPA) for a small modular reactor in the Tri-Cities.
DOE is expected to need more power for Hanford and Pacific Northwest National Laboratory in the next 10 years. About the same time DOE is expected to have a small modular reactor operating somewhere in the United States, according to TRIDEC.