Michele Kearney's Nuclear Wire

Major Energy and Environmental News and Commentary affecting the Nuclear Industry.

Tuesday, February 28, 2012

Small modular reactors meet "Iowa stubborn"

Small modular reactors meet "Iowa stubborn"

The land of Iowa - home of hogs, corn, windmills, and... SMRs (i.e., small modular reactors). Or at the least, that last part may be true pending a proposal before the Iowa Legislature (HF 561) is passed, allowing for among other things, recovery of costs while construction is in progress on nuclear projects (known as "CWIP" or "construction work in progress" financing). Iowa's electricity market is a regulated market - which means rates are ultimately set by the Iowa Utilities Board.

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