This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

B&W Selected As Winner Of DOE’s Small Modular Reactor Program

“Restarting the nation’s nuclear industry and advancing small modular reactor technologies will help create new jobs and export opportunities for American workers and businesses, and ensure we continue to take an all-of-the-above approach to American energy production,” Chu said.

“With this public-private partnership, the DOE is providing important national leadership for America in the global pursuit of SMR technology,” said E. James Ferland, President and Chief Executive Officer of B&W. “This partnership is essential to reestablishing our nation’s international competitiveness in the nuclear energy industry, as well as enhancing U.S. manufacturing infrastructure and energy independence. We are honored to have been selected by the DOE for this program and are appreciative of the support we have received from the U.S. Congress and the state governments of Indiana, Maryland, North Carolina, Ohio, Pennsylvania, Tennessee and Virginia.”

“We are grateful for the DOE’s endorsement of B&W mPower. Our company, our partners, and our industry are working hard to turn the vision of a more practical, flexible and affordable clean energy solution into reality. With the DOE’s support, we can deliver this important innovation to the energy industry and our nation more quickly and with less risk,” said Christofer M. Mowry, President of B&W mPower, Inc. “We are committed to maximizing the return on our government’s investment for our country and the public. The DOE’s selection validates B&W mPower as the leading SMR technology and is expected to accelerate market adoption both domestically and internationally, creating more high technology jobs and exports for our country.”

TVA is preparing an application to the Nuclear Regulatory Commission to license up to four B&W mPower SMRs at its Clinch River Site in Oak Ridge, Tennessee.

“TVA is pleased that the mPower America Team has been selected by the DOE to receive cost-share funding for the design and licensing of a small modular reactor,” said TVA Senior Vice President of Policy and Oversight, Joe Hoagland. “It supports TVA's mission of being a national leader in technological innovation and may provide a new source of clean, base-load generation capacity in the future.”

2 of 3

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
DOW 17,082.76 +31.03 0.18%
S&P 500 1,977.75 +4.12 0.21%
NASDAQ 4,445.75 +21.0460 0.48%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto
Advertising Partners

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs