Sponsored by George Fox University
Home Must Reads NuScale must reapply for grant

NuScale must reapply for grant

| Print |  Email
Must Reads
Wednesday, November 21, 2012

Corvallis-based NuScale Power has to reapply for a large federal nuclear power grant it had been counting on.

NuScale has been seeking funds from a $452 million U.S. Department of Energy program, but the government awarded a portion of that to Babcock & Wilcox, a company that is developing their own modular nuclear reactor technology.

Modular reactors, about one-third the size of a conventional nuclear power plant, are designed to be less expensive -- and potentially safer -- than existing plants. The federal government is promoting their development in pursuit of alternative energy sources.

The federal decision represents at least a temporary setback for NuScale, which spent much of 2011 overcoming the collapse of its majority investor, a defunct Connecticut firm called the Michael Kenwood Group.

Read more at OregonLive.com.

{biztweet}nuscale{/biztweet}

 

More Articles

100 Best Green Companies Keynote Speech

News
Friday, May 30, 2014

green2014-069Watch the 2014 100 Best Green Companies keynote speech by Eric Friedenwald-Fishman.


Read more...

Risks & rewards of owning triple net investments

Contributed Blogs
Thursday, July 24, 2014
NNNinvestmentBY CLIFF HOCKLEY | OB GUEST CONTRIBUTOR

With the increasing retirements of Baby Boomers, a massive real estate shift has created a significant increase in demand for NNN properties. The result? Increased demand has triggered higher prices and lower yields.


Read more...

Attack of the Robin Sages

Contributed Blogs
Monday, July 07, 2014
070714 thumb linkedinfakesBY TOM COX | OB BLOGGER

Named after the 2010 experiment by Thomas Ryan, "Robin Sages" are fake social media profiles designed to encourage linking and divulging valuable information.


Read more...

OB Video: Building trade ties with the EU

News
Monday, June 16, 2014
BritEmbCampionBY KIM MOORE | OB RESEARCH EDITOR

The Oregon economy could get a boost from a new trade agreement being negotiated between the U.S. and the European Union.


Read more...

Why I became an Oregon angel investor

Guest Blog
Monday, July 14, 2014
AngelInvestBY TERRY "STARBUCKER" ST. MARIE

I really didn’t know that much about angel investing, but I did know a lot about the entrepreneurial spirit.


Read more...

Portland: Where young people go to work?

News
Friday, June 06, 2014
UntitledBY KATIE AUSBURGER | OB GUEST CONTRIBUTOR

How to build a hipster-friendly work environment.


Read more...

The role of higher education as K-12 underperforms

Contributed Blogs
Friday, May 30, 2014
ThumbChalkboardBY DEBRA RINGOLD | OB GUEST CONTRIBUTOR

Since 1970 the performance of our public education system has steadily deteriorated.


Read more...
Oregon Business magazinetitle-sponsored-links-02
SPONSORED LINKS