Large DoE Grant Supports Development of Very Small Nuclear Reactors, an Industrial Info News Alert

SUGAR LAND, TX--(Marketwired - Apr 14, 2014) - Written by John Egan for Industrial Info Resources (Sugar Land, Texas) -- In awarding a large grant to develop small modular nuclear reactors, 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 in size.

Other companies featured: Babcock & Wilcox Company (NYSE:BWC), Fluor Corporation (NYSE:FLR), Ameren Corporation (NYSE:AEE)

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