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Power & Operations

TVA puts $150 million toward SMRs as NRC backs quality assurance plan

August 27, 2024, 12:00PMNuclear News

The Tennessee Valley Authority’s board of directors approved $150 million in additional funding to continue design work and TVA’s plans for small modular reactors at its Clinch River site near Oak Ridge, Tenn. With that decision late last week and an initial $200 million investment announced in early 2022, TVA has put a total of $350 million toward the development of SMRs at the site.

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