Thursday, 15 March 2012

TVA signs letter of intent for mini reactors

CHATTANOOGA, Tenn. (AP) — Pushing ahead with ambitious nuclear plans, the Tennessee Valley Authority signed a letter of intent to become the nation's first electricity provider to build small modular reactors.

Spokesmen for the nation's largest public utility and Babcock & Wilcox Nuclear Energy subsidiary Generation mPower in Charlotte, N.C., said Friday that the letter signed in late May outlines plans for building up to six of the mini reactors at TVA's vacant Clinch River site west of Knoxville in East Tennessee.

TVA spokesman Terry Johnson said the utility is pursuing possible development of a single small reactor to start operating by 2020. He said they would be built …

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