A project to build a first-of-a-kind small modular nuclear reactor power plant was terminated Wednesday.
WASHINGTON — A project to build a first-of-a-kind small modular nuclear reactor power plant was terminated Wednesday, another blow to the Biden administration’s clean energy agenda following cancellations last week of two major offshore wind projects . Oregon-based NuScale Power has the only small modular nuclear reactor design certified for use in the United States .
The agreement serves as a funding vehicle and is subject to future appropriations by Congress. The cancellation of the Idaho project reminded some critics of the earlier failure of Solyndra, the California solar company that went bankrupt soon after receiving a federal loan from the Obama administration more than a decade ago, costing taxpayers more than $500 million.
Small Modular Nuclear Reactor Power Plant Biden Administration Clean Energy Agenda Offshore Wind Projects Nuscale Power United States Utah Utilities Idaho National Laboratory Electricity
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