22 Oct '11, 3am

Fluor invests $30M in small modular reactor technology | Nuclear | Generation & Storage | Energy Central: via @AddThis

Fluor invests $30M in small modular reactor technology | Nuclear | Generation & Storage | Energy Central: via @AddThis

The technology, developed at Oregon State University from 2000 to 2003, will be coupled with Fluor's funding and expertise in engineering, procurement and construction. NuScale Chief Executive Officer Paul Lorenzini said that the company has been in discussions with potential customers throughout the country, including the Savannah River Site, but it is too soon to say where the reactor technology might be demonstrated. "There are customers throughout the country, there are customers in other countries that have a lot of interest, and we have a lot of conversations going on," Lorenzini said during the meeting. In a statement issued jointly by SRNS President and CEO Dwayne Wilson and DOE Savannah River Operations Office Manager Dr. Dave Moody, the two congratulated Fluor. "It's a significant step forward in offering new and innovative technologies to address the nation's cl...

Full article: http://www.energycentral.com/generationstorage/nuclear/ne...

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