Large DoE Grant Supports Development of Very Small Nuclear Reactors
SUGAR LAND--April 14, 2014--Written by John Egan for Industrial Info Resources (Sugar Land, Texas)--In awarding a large grant to develop small modular nuclear reactors (SMR), the U.S. Department of Energy (DoE) (Washington, D.C.) decided to go really small: It awarded a five-year cost-sharing grant totaling up to $226 million to a consortium that wants to build SMRs that are 45 megawatts (MW) in size.
Other companies featured: Babcock & Wilcox Company (NYSE:BWC), Fluor Corporation (NYSE:FLR), Ameren Corporation (NYSE:AEE)
