Trump Admin to Give $1.4 Billion to Try to Revive the Nuclear Power Industry

By Peter Montague

[An edited version of this essay appeared on Oct. 29, 2020.]

The U.S. Nuclear Regulatory Commission (NRC) in August approved the design of a new kind of nuclear power reactor invented by NuScale Power, a startup company with offices in Corvallis and Portland, Oregon.

The new design is called an SMR (small modular reactor). NRC approval of the SMR design does not mean construction can begin; nevertheless, it is a…