Monday, February 14, 2011

Small-reactor development to be included in Obama budget plan

Small-reactor development to be included in Obama budget plan
The Obama administration's budget plan for 2012 will include a funding request for the design of small "modular" reactors, several people involved with the proposal say. The Department of Energy is seeking $500 million over five years, which is half of the projected cost to complete two reactor designs and gain clearance from the Nuclear Regulatory Commission.

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