Nucleation's portfolio company, Blue Energy, has signed an agreement with GE Vernova Hitachi Nuclear Energy (GVH) that launches the next phase of their 2.5-gigawatt gas-plus-nuclear power plant in Victoria, Texas. The agreement advances engineering design, licensing and safety analysis for the project, ahead of a final investment decision expected in 2027.

The plant pairs two GE Vernova 7HA.02 gas turbines — roughly 1 gigawatt, powering a nearby data center from 2030 — with up to five GE Vernova Hitachi BWRX-300 small modular reactors adding another 1.5 gigawatts beginning in 2032.

Blue Energy's integrated approach to prefabrication, transportation and assembly, which the company calls the “Blue Way,” builds on the standardized, modular design of the BWRX-300, using off-site fabrication, innovative logistics and super-module assembly to improve schedule, cost and delivery predictability. CEO and co-founder Jake Jurewicz framed the goal as making nuclear “a financeable, repeatable product.”

The first BWRX-300 is currently under construction at Ontario Power Generation's Darlington site in Canada, with completion expected by the end of the decade, which will make it the first grid-scale SMR in the Western world.

Click the above image to see Jake Jurewicz, CEO and co-founder of Blue Energy (on right), and Jason Cooper, CEO of GE Vernova Hitachi Nuclear Energy discuss their newly signed agreement to launch the Victoria, Texas project.  (Available through Youtube: https://www.youtube.com/watch?v=k0XMBovy6O4)

Learn more with the joint Blue Energy and GE Vernova Press Release:  Blue Energy, GE Vernova Hitachi Sign Agreement to Launch Next Phase of Texas Gas-Plus-Nuclear Project,  Blue Energy, GE Vernova Hitachi Sign Agreement to Launch Next Phase of Texas Gas-Plus-Nuclear Project