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APR 26, 2013 - Forbes

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Thinking Small, Nuclear Power Enters Distributed Era

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.

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