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February 20, 2013
13:02 EDTBWCBabcock & Wilcox, TVA sign contract for Clinch River mPower construction permit
Babcock & Wilcox announced that its subsidiary, Babcock & Wilcox mPower and the Tennessee Valley Authority have signed a contract to prepare and support Nuclear Regulatory Commission review of a Construction Permit Application for a B&W mPower small modular reactor nuclear plant at TVA's Clinch River Site in Oak Ridge, Tenn. This contract formalizes the first steps toward the anticipated B&W mPower deployment at Clinch River, as contemplated in TVA's May 2011 Letter of Intent to B&W for the project. It also represents the first definitive milestone in the U.S. Department of Energy's recently initiated SMR Licensing Technical Support Program for commercial demonstration of SMRs by 2022.
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