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By Tennessee Valley Authority Leave a Comment
The Tennessee Valley Authority and Babcock and Wilcox announced Wednesday a major step in their joint effort to build and test the nation’s first small modular reactor at TVA’s Clinch River Site in Oak Ridge.
TVA and B&W signed a contract Feb. 7 that formalizes the process toward the eventual submittal and Nuclear Regulatory Commission review of a licensing application for a B&W mPower small modular reactor, or SMR, nuclear plant at Clinch River.
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By John Huotari Leave a Comment
Note: This story was updated at 8:12 p.m.
Four small nuclear reactors could be built on the Clinch River in west Oak Ridge in about a decade under a federal award announced Tuesday.
In its announcement, the U.S. Department of Energy said it will invest up to half of the total cost of the project to design, license, and help commercialize the new small modular reactors, or SMRs. The investment will come through a five-year cost-sharing agreement.
The project will be led by The Babcock & Wilcox Co, which is headquartered in Charlotte, N.C., and has a business unit that oversees the Y-12 National Security Complex in Oak Ridge. The company’s partners on the SMR project are Bechtel and the Tennessee Valley Authority.
