press release

July 5, 2011, 6:30 a.m. EDT

Small Modular Reactors Pave the Way for the Future of Nuclear Power, an Industrial Info News Alert

SUGAR LAND, TX, Jul 05, 2011 (MARKETWIRE via COMTEX) -- Researched by Industrial Info Resources (Sugar Land, Texas) -- The future of nuclear power may not consist exclusively of 800-megawatt (MW) and larger nuclear power plants, but rather smaller, modular nuclear reactors of less than 300 MW, similar to those that have been used on U.S. Navy ships for more than 50 years. The Nuclear Regulatory Commission (NRC), Nuclear Energy Institute (NEI), International Atomic Energy Association (IAEA) and other nuclear organizations have been studying small modular reactors (SMRs) to compete with natural gas and coal-fired power plants for base-load power generation. In the U.S., companies such as Babcock & Wilcox Company /quotes/zigman/604218/quotes/nls/bwc BWC -4.76% (B&W) (Charlotte, North Carolina) and NuScale Power (Corvallis, Oregon) have entered the SMR arena.

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