The Idaho National Engineering and Environmental Laboratory (INEEL), Nexant Inc. and the Oregon State University (OSU) have developed a Multi-Application Small Light Water Reactor (MASLWR) concept. The MASLWR is a small, safe and economic natural circulation pressurized light water reactor. MASLWR reactor module consists of an integral reactor/steam generator located in a steel cylindrical containment. The entire module is to be entirely shop fabricated and transported to site on most railways or roads. Two or more modules are located in a reactor building, each being submersed in a common, below grade cavity filled with water. For the most severe postulated accident, the volume of water in the cavity provides a passive ultimate heat sink for 3 or more days allowing the restoration of lost normal active heat removal systems. MASLWR thermal power of a single module is 150 MWt, primary system pressure 10.5 MPa, steam pressure 1.52 MPa and the net electrical output is 35–50 MWe.