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December 17, 2013

Oregon firm wins grant to design modular reactor

  • The reactors could be shipped on special trucks, railroad cars or barges. A 540-megawatt installation would cost about $2 billion.
    Associated Press

    GRANTS PASS, Ore. — The U.S. Department of Energy awarded an Oregon company a grant to help it design and obtain federal approval for a kind of nuclear power plant: small modular units that can be built in a factory and shipped to installation sites.

    The department said the matching grant awarded to NuScale Power LLC of Portland is part of President Barack Obama's plan to develop power sources that do not contribute to global warming.

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