The Hook-Ons
This week's announcement by Babcock & Wilcox that it had signed the long-awaited funding agreement with the Department of Energy has been taken by advocates of small modular reactors (SMRs) as just the latest good news on the inevitable path to construction of at least one prototype nuclear plant using SMR reactor technology in the United States. It is widely hoped that this is the harbinger of the rapid spread of the market for SMR plants.