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Energy department to give $226 million to support nuclear reactor design

2013-12-13 15:00:00| Climate Ark Climate Change & Global Warming Newsfeed

New York Times: The Energy Department will give a small company in Corvallis, Ore., up to $226 million to advance the design of tiny nuclear reactors that would be installed under water, making meltdown far less likely and opening the door to markets around the world where the reactors now on the market are too big for local power grids. The company, NuScale Power, has made substantial progress in developing "an invented-in-America, made-in-America product that will export U.S. safety standards around the world,"...

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