Latest Small modular reactor Stories
Westinghouse Electric Company and State Nuclear Power Technology Corp. announced the signing of a Memorandum of Understanding to establish a partnership that would enable the two companies to work together to develop a Small Modular Reactor standard design, based on the Westinghouse Small Modular Reactor technology, that shall be licensable both in the U.S. and China. PITTSBURGH (PRWEB) May 16, 2013 Westinghouse Electric Company and State Nuclear Power Technology Corp. (SNPTC) announced...
Even Before Administration's Budget: $100 Million in "Mini Nuke" Corporate Welfare Already Doled Out, Today's Announcement Continues Commitment to Half Billion Dollars in Subsidies WASHINGTON, April 10, 2013 /PRNewswire-USNewswire/ -- Less than six weeks after the nonpartisan group Taxpayers for Common Sense (TCS) handed out its latest "Golden Fleece Award" to the Department of Energy for committing more than half a billion dollars in corporate welfare for the development and...
Westinghouse Electric Company announces that it has submitted a Letter of Intent to respond to the recent Department of Energy Funding Opportunity Announcement to accelerate the deployment of small modular reactor technology. Pittsburgh, PA (PRWEB) April 08, 2013 Westinghouse Electric Company today announces that it has submitted a Letter of Intent to respond to the recent Department of Energy (DOE) Funding Opportunity Announcement (FOA) to accelerate the deployment of small modular...
Partnership Supports Construction and Jobs in SC COLUMBIA, S.C., March 19, 2013 /PRNewswire/ -- NuHub and the State of South Carolina are pleased to announce an exclusive partnership with Holtec International, Inc., a diversified energy technology company supplying equipment and systems for the nuclear, solar, geothermal and fossil power generation sectors of the energy industry, to compete for the second round federal funding opportunity from the U.S. Department of Energy (DOE) for...
Ratepayer-Unfriendly "Advance Cost Recovery" Financing Schemes Are Keeping "Uneconomical" Reactor Projects Alive; Warning Sounded for IA, UT, MO and Other States Toying With Advanced Cost Recovery Financing. WASHINGTON, March 14, 2013 /PRNewswire-USNewswire/ -- Saddled with an "advance cost recovery" financing arrangement that allows the nuclear industry to make them pay in advance for the construction of new reactors, electricity ratepayers in South Carolina, Florida and Georgia,...
New Study Focuses on "Uneconomical" Reactor Projects in FL, SC, and GA Financed by "Advance Cost Recovery" Schemes; Lessons Seen for IA, UT, MO, and Other States Toying With ACR Financing. WASHINGTON, March 12, 2013 /PRNewswire-USNewswire/ -- A report to be released at 11 a.m. EDT Thursday (March 14, 2013) by a Vermont Law School Institute for Energy and the Environment expert will show that ratepayers in three states - Georgia, Florida, and South Carolina - would be better off...
$100 Million in "Mini Nuke" Corporate Welfare Already Doled Out, Another Half Billion Dollars Or More in the Pipeline for Major Corporations that Could Pay for Own R&D, Licensing WASHINGTON, Feb. 27, 2013 /PRNewswire-USNewswire/ -- The federal government is in the process of wasting more than half a billion dollars to pay large, profitable companies for what should be their own expenses for research & development (R&D) and licensing related to "small modular reactors"...
WASHINGTON, Oct. 16, 2012 /PRNewswire-USNewswire/ -- Today, The American Security Project released a report on Small Modular Reactors (SMRs) and the opportunity for nuclear power in the coming years. SMRs are nuclear power plants that are intentionally designed to be about 1/3 of the size or less of conventional large reactors. These small designs present a variety of benefits over large reactors, including advantages on cost, safety and flexibility. With the nuclear industry facing...
BOISE, Idaho, Oct. 3, 2012 /PRNewswire/ -- Alternate Energy Holdings, Inc. (OTC:AEHI; www.aehipower.com) today announced the company is exploring the use of small modular reactors (SMR) on its proposed nuclear power plant site in Payette County, Idaho. These designs have progressed to the point of consideration now as they have gotten much closer to the Federal approval stage. SMRs range between 45 and 220 MWe and because of their modular and easily expandable design, their...
