Read between the #thorium hype lines – future for Small Modular Nuclear Reactors is very dubious

“……..it will likely be later than the estimated 2022 before TVA has an SMR online. And, the decision on whether one actually gets built will rest with the TVA board.

In April, B&W announced it was restructuring its mPower program. Instead of around $60 million a year, it would only spend $15 million per year.

The company also laid off about 200 people in Virginia and in Tennessee involved with the project. The company said in a statement that it was having trouble lining up investors.

Also on Nov. 5, B&W announced plans to spin off its nuclear operations, including the mPower program, into a separate company called BWX Technologies……”  TVA shifts focus on Oak Ridge nuclear reactor, Knoxville News Sentinel 4 Dec 14 

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