The US federal government has set aside more than a quarter of a billion dollars to fund the demonstration of a small modular (SMR) nuclear reactor in the US, with potential total funding rising to close to half a billion dollars. With smaller-scale nuclear technology widely discussed as the future of the troubled sector, a whos-who of companies are expected to participate in the project and apply for the funds.

Westinghouse Electric Company, based in Pittsburgh but part of Japan’s Toshiba, has submitted a letter of intent saying it will compete for the SMR nuclear deployment acceleration grant. The company is showcasing a 225 MW-equivalent integral pressurized water reactor that leverages technology from its already-licensed AP1000 nuclear power plant design. Keep reading →

Illinois is using its upcoming smart meter rollout to promote itself as “a hub for the R&D, manufacturing, development and financing of smart grid and energy projects,” said Dr. Mohammad Shahidehpour, Director of the Robert W. Galvin Center for Electricity Innovation at the Illinois Institute of Technology.

“Illinois will now have the most comprehensive smart grid deployment in the U.S., and we can use our existing intellectual and human capital to ensure we serve as a model for the rest of the world.” Keep reading →