Going Nuclear—and Small—with New Type of Reactor

From CNBC

By Javier E. David

The fortunes of the battered nuclear power sector may hinge on the development of small- and medium-sized reactors (SMRs), now being heralded by some as industry as the next wave in the industry.

Ten countries, including the United States, are exploring plans to construct SMRs, and that could have broad implications for electricity generation.

As coal plants across the country are decommissioned, an opportunity rises for alternative energy sources, especially natural gas and nuclear power. Five SMR-style facilities, including one in the Tennessee Valley, are in the planning stages, the U.S. Nuclear Regulatory Commission said.

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