TVA's Nuclear Vision: In with the New, Out with the Old

SUGAR LAND--July 13, 2016--Written by John Egan for Industrial Info Resources (Sugar Land, Texas)--The Tennessee Valley Authority (NYSE:TVE) (TVA) (Knoxville, Tennessee) filed an Early Site Permit application with the U.S. Nuclear Regulatory Commission (NRC) (Bethesda, Maryland) to assess the suitability of building small modular reactors (SMRs) at its Clinch River site in northeastern Tennessee. Later this month the NRC is expected to decide whether TVA's 8,800-page application, filed in May, is complete, according to Scott Burnell, an NRC spokesman. Within this article: Details U.S. Department of Energy grants for development of small nuclear reactors. Additional companies: Babcock & Wilcox Enterprises Incorporated (NYSE:BW)