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US government not funding Westinghouse, Ameren , for little nukes

Small-modular-reactor-dudWestinghouse, Ameren lose out in nuclear reactor funding  By Tim Bryant 314-340-8206 Government funding of up to $226 million to develop small modular nuclear reactor technology will go to an Oregon firm instead of a group that included Ameren Missouri.

The Energy Department funding was awarded Thursday to NuScale Power of Portland, Ore.

NuScale and the government will move next to negotiate an agreement that lays out a five-year funding program………

Ameren Missouri and Westinghouse said in April they would pursue federal funding of a small-scale nuclear reactor that could be built in central Missouri. The companies sought a similar grant last year. But the Energy Department chose then to fund a consortium led by Babcock & Wilcox, known for making nuclear reactors for ships and submarines.

December 13, 2013 - Posted by | politics, USA

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