For most of the last forty years, nuclear power in America has been a story of cancellations, closures and cost overruns. This fall the story turned. The Nuclear Regulatory Commission approved a construction permit for the Tennessee Valley Authority to build a small modular reactor at its Clinch River site in Tennessee. The agency says this clears the way for the nation’s first commercial small modular reactor and that its review took 14 months.
The approval is one piece of a larger pattern. Reactors that were dismantled or mothballed are coming back, and Washington is clearing the path. Both the pace of the change and the reasons for it deserve a closer look.
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