From WATE in Knoxville: The Tennessee Valley Authority made an announcement in Washington D.C. about the future of nuclear energy last week. &n
From WATE in Knoxville: The Tennessee Valley Authority made an announcement in Washington D.C. about the future of nuclear energy last week.
TVA announced a partnership with GE Hitachi Nuclear Energy, Ontario Power Generation, and Synthos Green Energy to design a first-of-a-kind small modular nuclear reactor that will be used at the TVA’s Clinch River Site, near Oak Ridge.
The Clinch River Site is part of the TVA’s New Nuclear Program, which the TVA board of directors provided $200 million for.
GE Hitachi anticipates a total investment of $400 million to be associated with the development of the small modular reactor, the release adds.
If the project passes design and regulatory hurdles, the modular nuclear reactors could be implemented in Ontario, Canada, Poland, and other sites. The plan of the partnership is to advance the global deployment of a similar small nuclear reactor.
According to the Department of Energy, Advanced Small Modular Reactors offer advantages, such as small physical footprints, reduced capital investment and the ability to be sited in locations not possible for larger nuclear plants.
