The other day, we mentioned Babcock & Wilcox’s small reactor project and its indirect use in the Gubernatorial race in Indiana. Now, another vendor of small reactors, NuScale, has attracted some press attention from Reuters. It’s especially nice to see that NuScale has overcome its financial difficulties. NuScale staff half-jokingly refer to the first half of 2011 as the "Great Pause," when NuScale could not pay its bills and dozens among its 100 employees at the time had to be let go. It now employs 260 people, and hopes to add another 70 by year-end. And how did it do this, at least in part? But NuScale is trumpeting the safety aspects of its new technology, and has found helpful supporters including U.S. engineering giant Fluor Corp, which bought a majority stake in the 5-year-old company last October. Fluor is no stranger to the nuclear energy business. Start here for more on its activities. Fluor has been around for much of the nuclear age. Like I...
Former blog for NEI featuring news and commentary on the commercial nuclear energy industry. Head to NEI.org for the latest blog posts.