Thinking Small, Nuclear Power Enters Distributed Era

Thinking Small, Nuclear Power Enters Distributed Era

from Forbes Real Time by Richard Martin, Contributor

The nuclear power industry’s drive to deploy small, modular reactors (SMRs) took a significant step forward this month.  Nuclear technology vendor Babcock & Wilcox formalized its funding agreement with the U.S. Department of Energy (DOE) for the mPower reactor project.  With $79 million of federal funds for this year (and a total of $150 million over the five-year program), B&W plans to build a prototype SMR at the Clinch River site in Tennessee, owned by the Tennessee Valley Authority.http://www.forbes.com/sites/pikeresearch/2013/04/26/thinking-small-nuclear-power-enters-distributed-era/