NuScale Power announced that it has signed a memorandum of understanding (MOU) with Fermi Energia. Under the agreement, Fermi Energia will evaluate NuScale's groundbreaking small modular reactor (SMR) design for deployment in Estonia. In July 2019, Fermi Energia announced it would conduct a feasibility study on the deployment of SMRs in Estonia.

NuScale's design was one of the technologies chosen to be studied due to its near-term deployable timeline, strong safety case, and cost-competitiveness. Under this new MOU, NuScale will support Fermi Energia as it conducts further analysis and considers deploying a NuScale VOYGR™ SMR power plant in country to meet clean, baseload energy needs by 2031. Estonia has committed to stop using oil shale, currently its largest source of energy, in its power plants by 2030.

To replace this greenhouse gas intensive power source, Fermi Energia has advocated to utilize SMR technology to secure the country's energy independence. By 2031, Fermi Energia envisions clean, safe, affordable, and carbon-free electricity courtesy of the next generation of nuclear energy. In a nation like Estonia, NuScale's small, scalable design is well suited to meet the baseload energy demand and can significantly contribute to meeting climate goals.