Small Nuclear Reactors Get Billion-Dollar Boost from U.S. DOE

SUGAR LAND, TEXAS--November 2, 2020--Written by John Egan for Industrial Info Resources (Sugar Land, Texas)--As the Electric Power industry increasingly grapples with the challenges of decarbonization, both domestically and overseas, one potentially promising technology, small modular nuclear reactors (SMRs), got a $1.355 billion boost last month from the U.S. Department of Energy (DoE). Within this article: Ten-year cost-sharing grant to demonstrate and deploy 12 planned 60-megawatt (MW) SMRs.