Obama's Nuclear Power Plans
This
week in energy, let’s go nuclear for a change. And let’s start with the
Obama administration’s plans for a new generation of nuclear power.
This time around things will be smaller and ostensibly safer. This new
nuclear generation was given greater impetus on Tuesday when the
administration announced it would fund up to 50% of the cost of a 5-year
project to design and commercialize small, modular reactors. Who’s
funding the other 50%? The project, which hopes to be operational by
2022, will be led by Babcock & Wilcox…Read more...http://oilprice.com/Alternative-Energy/Nuclear-Power/Obamas-Nuclear-Power-Plans.html
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