nuclear-news

The announcement was the second disappointment for a coalition built around Westinghouse’s nuclear reactor design and St. Louis-based Ameren, which had indicated it would build a new reactor near its existing nuclear power plant in Callaway County if it could secure a federal investment….. the department said it would enter into a five-year cost-share agreement with NuScale and invest as much as half of the total project cost. The department did not release the final amount it would put up for the project, saying that sum would be negotiated with NuScale and come from a $452 million fund established for the SMR program.

…….[In 2012] DOE said then it would open future funding opportunities, but this time, it isn’t planning any more…..

“As a result of the DOE’s decision, we are stepping back and considering our alternatives as we continue to focus on maintaining all generation options for a cleaner energy portfolio to meet Missouri’s energy needs in the future,” Ameren said in its statement. ……

The Missouri Coalition for the Environment responded to the decision with a news release saying Missouri should focus on “clean renewable energy,” excluding nuclear power, in line with a 2008 statewide vote requiring utilities to generate more power from renewable sources. http://www.columbiatribune.com/news/local/ameren-westinghouse-passed-over-again-for-small-modular-reactor-funding/article_8141670c-637c-11e3-8c67-001a4bcf6878.html?comments=focus