Westinghouse, Ameren Lose Nuclear Reactor Deal To Oregon Company

Photo Courtesy of Ameren
Photo Courtesy of Ameren

Department of Energy funding of up to $226 million to develop small modular nuclear reactor technology will go to NuScale Power of Portland, Ore., instead of Ameren Missouri and Westinghouse Electric Co. The Missouri group had sought the funding to move ahead with plans for small modular reactors that could begin producing electricity by 2025 in central Missouri. The companies sought a similar grant last year.

But the Energy Department chose then to fund a consortium led by Babcock & Wilcox, known for making nuclear reactors for ships and submarines. Ameren Missouri’s vice president of legislation and regulatory affairs said the utility is “stepping back and considering our alternatives.”

The director of Missourians for a Balanced Energy Future said the Westinghouse project would have enhanced Missouri’s clean energy options and produced thousands of jobs.

Read more from the St. Louis Post-Dispatch

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